Company: TWO-PC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001465740-25-000090
Chunk: 60

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 60
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 to the median annual total compensation of all of our employees was 90.2 to 1. The median employee from our employee population (after excluding our Chief Executive Officer) is employed in the role of corporate administration and located in our St. Louis Park, MN office.

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#### Pay Versus Performance

#### Pay Versus Performance Table
As required by Item 402(v) of Regulation S-K, we are providing the information below concerning the relationship between “Compensation Actually Paid” to our named executive officers for the years ending December 31, 2024, 2023, 2022, 2021 and 2020, and certain measurements of the company’s performance for those periods, to illustrate “pay versus performance.” The Pay Versus Performance Table should be read in conjunction with the footnotes below as well as the information provided in the section titled “ Pay Versus Performance Supplemental Information ” that follows.

|          |     |                                                   |     |           |                                                 |     |        |                                                    |     |           |                                                    |     |          |                                                            |     |           |                                                     |     |           | Value of Initial Fixed $100 
 Investment Based On:        |     |       |                                     |     |       |            |     |                |                                                                  |     |       |
| (a)      
 Year (1) |     | -b)                                               
 Summary Compen-sation Table Total for Current CEO 
 ($)(2                                             |     |           | -b)                                             
 Summary Compen-sation Table Total for Prior CEO 
 ($)(2                                           |     |        | -c)     Compen-sation Actually Paid to Current CEO 
 ($)(3                                              |     |           | -c) Compen-sation Actually Paid to Prior CEO ($)(3 |     |          | -d)                                                        
 Average Summary Compen-sation Table Total for Non-CEO NEOs 
 ($)(4                                                      |     |           | -e)                                                 
 Average Compen-sation Actually Paid to Non-CEO NEOs 
 ($)(3)(4                                            |     |           | -f)                         
 Total Stockholder Return    
 ($)(5                       |     |       | -g)                                 
 Peer Group Total Stockholder Return 
 ($)(5)(6                            |     |       | -k)        
 Net Income 
 ($)(7      |     |                | -i)    Company-Selected Measure: Relative  Total Economic Return 
 (%ile)(8