Company: CHMI-PB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001140361-25-014748
Chunk: 39

Company: Cherry Hill Mortgage Investment Corp
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 39
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     $4,744 |
| Quarterly preferred dividends                                                  |     |     $2,307 |     |     $2,555 |     |     $2,594 |     |     $2,513 |
| Quarterly cash dividends (common and preferred)                                |     |     $6,810 |     |     $7,067 |     |     $7,336 |     |     $7,257 |
| Quarterly cash dividend per adjusted share of common stock outstanding         |     |      $0.12 |     |      $0.13 |     |      $0.13 |     |      $0.12 |
| NAV and quarterly cash dividend per adjusted share of common stock outstanding |     |      $4.63 |     |      $4.43 |     |      $4.21 |     |      $4.03 |
| Quarterly economic return (loss) on NAV*                                       |     |       2.3% |     |      -1.3% |     |       1.4% |     |       0.3% |

| * | NAV and quarterly cash dividend per adjusted share of common stock outstanding divided by NAV per adjusted share of common stock at the end of the prior period minus one. |

| (a) | Includes aggregate liquidation preference of Series A and B preferred stock of $112,117 for the quarter ended March 31, 2024 and $109,643 for each of the quarters ended June 30, 2024, September 30, 2024 and December 31, 2024. |

| (5) | Calculated as the average of our quarter end common stock price divided by our quarter end GAAP book value per share of common stock for each quarterly period in 2024, as applicable. |

Cash Compensation In November 2024 we completed the Internalization of our management. Prior to November 2024, we made payments to CHMM under the Management Agreement with CHMM. We believe that CHMM used such payments in part to pay for the services it received under the services agreement with Freedom Mortgage, including the payroll and benefits received by Mr. Lown, our President and Chief Executive Officer, and the payroll and benefits received by Mr. Evans, our Chief Investment Officer. CHMM itself had no formal compensation program. Based on conversations with CHMM, prior to November 2024, the aggregate compensation of our NEOs that may reasonably be associated with their management of our company