Company: FMCCN
Filing Date: 2025-03-21
Form Type: 8-K
Source: 0001026214-25-000048
Chunk: 0

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-03-21
Form: 8-K
Item: Item 5.02
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Director

On March 19, 2025, Christopher E. Herbert notified us of his resignation from the Federal Home Loan Mortgage Corporation (Freddie Mac) Board of Directors, effective as of that date. Mr. Herbert was Chair of the Mission and Housing Sustainability Committee and served as a member of the Compensation and Human Capital, Executive, and Risk Committees.

Appointment of Director

On March 19, 2025, the U. S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed David Farbman to the Freddie Mac Board, effective as of March 19, 2025.

Mr. Farbman will receive compensation as a non-executive director of Freddie Mac as described in Freddie Mac’sAnnual Report on Form 10-K filed on February 13, 2025(the 2024 Annual Report) under the heading “ Directors, Corporate Governance, and Executive Officers - Corporate Governance - Director Compensation,” which description is incorporated herein by reference. Freddie Mac expects to enter into an indemnification agreement with Mr. Farbman, the form of which is filed as Exhibit 10.28 to Freddie Mac’s Annual Report on Form 10-K filed on February 10, 2022, and is incorporated herein by reference. For a description of this agreement, see the2024 Annual Report, under the heading “ Executive Compensation - Compensation Discussion and Analysis - Written Agreements Relating to NEO Employment - Indemnification Agreements,” which description is incorporated herein by reference.