Dynex Capital dismisses BDO as auditor, appoints EY for FY 2025

DYNEX CAPITAL INC

BDO dismissed effective after completing 2024 audit and filing 2024 10-K; no adverse opinions on 2022-2023 financials.
No disagreements with BDO on accounting principles, disclosure, or audit scope during 2022-2024 interim periods.
Audit Committee approved and Board ratified engagement of Ernst & Young for fiscal year ending December 31, 2025.
No prior consultations with EY on accounting matters or disagreements before this appointment.

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