Company: TWO-PC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001465740-25-000090
Chunk: 35

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 35
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|                                                                                                                                                         |     | Payout Continuum (% of Target)                    |     | 0%                    |     | 50%       |     | 100%      |     | 200%      |     | 78.9%            |
| Weighted 2022 PSU Payout Percentage                                                                                                                     |     |                                                   |     |                       |     |           |     |           |     |           |     | 39.4%            |
| (1) For the 2022 PSUs, the performance peer companies were: NLY, AGNC, MITT, AAIC, ARR, CHMI, CIM, DX, EFC, IVR, MFA, NRZ, NYMT, ORC, PMT, RWT and WMC. |     |                                                   |     |                       |     |           |     |           |     |           |     |                  |

Health, Welfare, Retirement and Other Personal Benefits

Our executive officers participate in a broad-based 401(k) retirement savings and profit sharing plan that is available to all of the company’s employees. Under this plan, employees are allowed to contribute up to the annual amount allowable by law. For the 2024 performance year, the company made a minimum annual contribution of 3% of eligible compensation as a profit sharing contribution to each executive's 401(k) account. Beginning with the 2024 performance year, executives are eligible to receive a matching contribution from the company up to a cap of 3% of eligible compensation. We do not provide any other pension plans, supplemental retirement plans or deferred compensation plans for our executive officers.

Our executive officers also have the opportunity to participate in medical, dental, vision, disability, life

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and long-term care insurance, and health care savings and flexible dependent care accounts as well as qualified transportation benefits, all of which are provided generally to all of our employees.

We do not provide excessive or unique perquisites for the personal benefit of our named executive officers. We may from time to time provide limited benefits such as reserved office parking or other benefits that could potentially have a mixed work and personal benefit, such as Wi-Fi service during air travel or mobile phone usage, the costs of which are expected to be minimal and below any applicable reporting threshold.

Employment, Severance and Change of Control Arrangements

#### Employment Agreements
We do not have any employment agreements with any of our named executive officers. Each of our named executive officers