Company: AOMN
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001766478-25-000028
Chunk: 62

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 62
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 that the standard of conduct has not been met.

The indemnification agreements also provide for procedures for the determination of entitlement to indemnification, including requiring such determination be made by independent counsel after a change in control of us.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors and officers pursuant to the foregoing provisions, we have been informed that, in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

#### Stock Repurchase Agreement
On July 18, 2024, we entered into a stock repurchase agreement (the “ Stock Repurchase Agreement ”) with the DK Investor, an affiliate of Davidson Kempner Capital Management LP, to repurchase 1,707,922 shares of our common stock owned by the DK Investor for an aggregate repurchase price of approximately $20.0 million (the “ Share Repurchase ”). The Share Repurchase closed on July 25, 2024. Pursuant to the DK Shareholder Rights Agreement, the DK Investor is currently entitled to designate one nominee for election to the Board, subject to certain limitations. Mr. Shankar is the current designee of the DK Investor to the Board. For more information, see “—Shareholder Rights Agreements.” Additionally, the DK Investor beneficially owned 22.1% of the shares of our common stock as of March 18, 2025. For more information, see “Beneficial Ownership of Common Stock by Certain Beneficial Owners and Management.”

#### Related Party Transaction Policies
Upon the completion of our IPO, we adopted a written statement of policy regarding transactions with related persons, which we refer to as our “Related Party Transactions Policy.” Our Related Party Transactions Policy requires that a “related person” (as defined in paragraph (a) of Item 404 of Regulation S-K) must promptly disclose to us any “related person transaction” (defined as any transaction that is anticipated to be reportable by us under Item 404(a) of Regulation S-K in which we were or are to be a participant and the amount involved exceeds $120,000 and in which any related person had or will have a direct or indirect material interest) and all material facts with respect thereto. We will then promptly communicate that information to the Board. No related person transaction will be executed without the approval or ratification of our Affiliated Transactions and Risk Committee.

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It is generally our policy that directors interested