Company: CIMO
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001206774-25-000244
Chunk: 74

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 74
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 the closing price of our common stock on the applicable grant date (or next preceding trading day 
 if the grant date was not a trading day) but excluding the effect of potential forfeitures, calculated in accordance with FASB ASC Topic 
 718 – Compensation – Stock Compensation.                                                                                                 |

| (4) | Ms. Bell resigned from the Board 
 effective April 9, 2025.         |

| CERTAIN                                
 RELATIONSHIPS AND RELATED TRANSACTIONS |

Related Party Transactions Policy and Procedures Regarding Transactions with Related Persons

We have in place a Related Party
Transactions Policy, which was adopted to further the goal of ensuring that any related person transaction is properly reviewed, approved
or ratified, if appropriate, and fully disclosed in accordance with applicable rules and regulations.

The policies and procedures
apply to transactions, arrangements and relationships between the Company and any related party, which includes executive officers, directors,
director nominees, greater than 5% common stockholders and the immediate family members of each of these groups, as well as an entity
in which any of the foregoing individuals is employed or an entity which is controlled by any of the foregoing individuals.

For purposes of the policies and procedures, a related
person transaction is a transaction, arrangement or relationship, or any series of similar transactions, arrangements or
relationships, in which (i) the aggregate amount involved will or may be expected to exceed $120,000, (ii) the Company is a
participant, and (iii) any related person has or will have a direct or indirect material interest.

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Under the
policies and procedures, the related party, or any director, officer or employee of the Company who knows of the transaction must notify
and provide information regarding the transaction to the Chief Legal Officer or other officer designated in the policy and the Chairman
of the Board. Following an evaluation, if the transaction does in fact constitute a related party transaction for which disclosure would
be required under Item 404 of Regulation S-K, the Audit Committee will consider such transaction, after reviewing relevant facts and circumstances,
and determine whether to approve or ratify such transaction, or determine to bring the matter to the full Board. The Audit Committee may
impose such conditions as it deems appropriate and may establish guidelines for future review of any ongoing related party transactions.

If the transaction involves a director,
that director will not participate in the action regarding whether to approve the transaction.

Our Related Party Transactions
Policy is intended to work together with our