Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 14

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 14
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 and qualified.

Debra W. Still was elected
as one of our Class II Directors on March 6, 2018. Ms. Still has served as Vice Chair of Pulte Financial Services since April 1, 2023.
Previously, Ms. Still had served as President and Chief Executive Officer of Pulte Financial Services from 2010, which includes the mortgage
lending, title and insurance operations of PulteGroup, Inc., one of the nation’s largest homebuilders. In addition to Pulte Financial
Services, from 2004 to 2020, Ms. Still was also President of, and from 2004 to July 1, 2024 was a member of the board of managers of,
Pulte Mortgage, LLC, a nationwide lender headquartered in Englewood, Colorado. Ms. Still began her career with Pulte Mortgage, LLC in
1983 where she served in various executive capacities, including Chief Operating Officer, prior to being named President in 2004. Ms.
Still currently serves on the board of Enact Holdings, Inc. (NASDAQ GS: ACT) and as a member of Fannie Mae’s Affordable Housing
Advisory Council. Ms. Still is a graduate of Ithaca College, Ithaca, N.Y., with a Bachelor of Science degree and has completed graduate
work in Finance at George Washington University, Washington, D.C.

The Board believes that Ms.
Still’s experience and qualifications, including, among other things, her significant experience as a senior executive in real estate
finance overseeing mortgage lending operations, make her a valuable member of the Board.

| CORPORATE GOVERNANCE, DIRECTOR INDEPENDENCE, 
 BOARD MEETINGS AND COMMITTEES                |

Corporate Governance

We are committed to maintaining
sound corporate governance principles, which we believe are essential to serving our stockholders well and maintaining our integrity in
the marketplace. Accordingly, the Board of Directors has adopted and maintains several written policies relating to corporate governance,
including Corporate Governance Guidelines, a Code of Business Conduct and Ethics, and charters for our audit committee, risk committee,
compensation committee and nominating and corporate governance committee. Together with the Company’s bylaws, these guidelines and
policies provide the framework for governance of the Company. From time to time, we may revise these guidelines, policies and charters
in response to changing regulatory requirements, evolving best practices and the concerns of our stockholders and other constituents.

Board Oversight of Risk