Company: RITM-PC
Filing Date: 2025-09-25
Form Type: 8-K
Source: 0001140361-25-036142
Chunk: 1

Company: Rithm Capital Corp.
Filing Date: 2025-09-25
Form: 8-K
Item: Item 3.03
Chunk 1
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 Company may, as its option, upon not less than 30 nor more than 60 days’ written notice, redeem the Series E Preferred
Stock, in whole or in part, within 120 days after the first date on which such Change of Control occurred, for cash at a redemption price of $25.00 per share, plus any accumulated and unpaid dividends thereon (whether or not authorized or declared)
to, but excluding, the redemption date, without interest. The Series E Preferred Stock has no stated maturity, is not subject to any sinking fund or mandatory redemption and will remain outstanding indefinitely unless repurchased or redeemed by the
Company or converted into the Company’s common stock in connection with a Change of Control by the holders of Series E Preferred Stock.

Upon the occurrence of a Change of Control, each holder of Series E Preferred Stock will have the right (subject to the Company’s election to redeem the Series E
Preferred Stock, in whole or in part, as described above, prior to the Change of Control Conversion Date (as defined in the Certificate of Designations)) to convert some or all of the Series E Preferred Stock held by such holder on the Change of
Control Conversion Date into a number of shares of the Company’s common stock per share of Series E Preferred Stock determined by formula, in each case, on the terms and subject to the conditions described in the Certificate of Designations,
including provisions for the receipt, under specified circumstances, of alternative consideration.

There are restrictions on ownership of the Series E Preferred Stock intended to preserve the Company’s qualification as a REIT. Holders of Series E Preferred Stock
generally have no voting rights, but have limited voting rights if the Company fails to pay dividends for six or more full quarterly dividend periods (whether or not consecutive) and under certain other circumstances.

The foregoing description of the terms of the Series E Preferred Stock is qualified in its entirety by reference to the Certificate of Designations, a copy of which is
filed as Exhibit 3.9 to the Company’s Form 8-A filed on September 25, 2025 and is incorporated herein by reference. A copy of the form of a certificate representing Series E Preferred Stock is filed as Exhibit 4.1 to the Company’s Form 8-A filed on
September 25, 2025 and is incorporated herein by reference.