Company: RITM-PC
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001104659-25-033195
Chunk: 39

Company: Rithm Capital Corp.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 39
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 ​ | ​ | ​ | ​           | ​ | 200%    | ​ | ​ |

(a) Based on 499,597,670 weighted average diluted common shares for the year ended December 31, 2024. Please refer to Annex A for a discussion and reconciliation of EAD and EAD per Diluted Share to the most directly comparable GAAP measure.

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TABLE OF CONTENTS Based on the financial performance outlined above, the Compensation Committee determined Mr. Nierenberg earned the maximum (200% of target) for the Financial Category: Financial Category Payout: 200% of target x 60% weighting = 120% of target. • Strategic Category (weighted 30%) — In considering the strategic category, the Compensation Committee considered performance against multiple strategic objectives, including, but not limited to, M&A, strategic objectives, integration of acquired businesses, assets under management, and operating cost efficiencies, related to the Company’s continuing evolution of its investment platform with a diverse portfolio of investments and operating companies across the real estate and financial services sectors. Significant accomplishments in 2024 included: • Diversified Rithm Capital’s Portfolio , deploying $2 billion of capital while maintaining an average of approximately $1.8 billion of total cash and liquidity (a) through the year: • Issued $775.0 million aggregate principal amount of Senior Unsecured Notes due 2029 and completed a tender offer of 50% of the Company’s outstanding $550.0 million aggregate principal amount of Senior Unsecured Notes due 2025; • Raised $342.9 million from the issuance of 30 million shares of common stock in a public offering; • Broadened financings and portfolio of assets , entering into transactions such as (i) an investment in a notable mortgage warehouse credit risk transfer transaction, (ii) CRE transactions, (iii) a $461 million secured financing backed by MSRs, which was a first-of-its-kind non-recourse term financing of MSRs and (iv) the first and second ever rated residential transitional loan securitizations; • Completed & Successfully Integrated the Acquisition of SLS , significantly expanding our mortgage company’s subservicing and special servicing portfolio: • Added $56.0 billion in UPB of MSRs and $98.0 billion in UPB of third-party and other servicing , further expanding our mortgage company’s third-party servicing franchise; • Boarded approximately 750,000 loans on to the Newrez system within a four-month period with no material disruptions