Company: AOMN
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001766478-25-000028
Chunk: 30

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 30
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ised stock options, whether vested or unvested, and unearned performance-based equity awards do not count towards satisfaction of these guidelines. The period to comply with the policy is the later of January 1, 2028 and five (5) years from the date an individual became a covered executive or covered director. Until the required ownership guideline is reached, covered executives and covered directors are required to retain at least 50% of the shares that remain after deducting the applicable tax withholding and the payment of any exercise or purchase price (if applicable) upon the vesting or settlement of equity awards or the exercise of stock options.

#### Compensation “Clawback” Policy
In November 2023, our Compensation Committee adopted a Policy on Recoupment of Incentive Compensation (the “ Recovery Policy ”), which provides for the recovery of applicable incentive based compensation from current and former executive officers of the Company in the event the Company is required to restate its financial results due to its material non-compliance with any financial reporting requirement under federal securities laws, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and corresponding NYSE listing standards. Recoupment under the Recovery Policy will be required regardless of whether the executive officer or any other person was at fault or responsible for accounting errors that contributed to the need for the financial restatement or engaged in any misconduct.

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In addition to the Recovery Policy, our Chief Executive Officer and President and our Chief Financial Officer and Treasurer are subject to any clawbacks that may be required under the Sarbanes-Oxley Act of 2002.

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#### Director Compensation
Directors employed by us or our Manager and directors designated pursuant to the terms of our agreements with the MS Investor and the DK Investor are not entitled to receive compensation for their services as a director and, accordingly, except to the limited extent described in the table below, Mr. Fierman, who is employed by an affiliate of our Manager, and Messrs. Cummings and Shankar did not receive separate compensation for their services to us as directors during 2024.

Under our 2024 non-employee director compensation program, each of our independent directors received, as compensation for services as a director, an annual cash retainer of $70,000, with an additional $20,000 in compensation for members of our Affiliated Transactions and Risk Committee, excepting the Chair, who received an additional $30,