Farmer Mac prices $100M of 6.500% Series H preferred stock, net proceeds ~$97.1M

FEDERAL AGRICULTURAL MORTGAGE CORP

Priced $100M (4M shares at $25 par) of 6.500% non-cumulative perpetual Series H preferred stock.
Net proceeds expected ~$97.1M; proceeds for general corporate purposes; closes August 25, 2025.
Dividend rate fixed at 6.500% per year, non-cumulative; redeemable at Farmer Mac's option on/after Oct 17, 2030.
Series H to list on NYSE under symbol "AGM PRH"; RBC Capital Markets sole book-running manager.
Offered under Section 3(a)(2) exemption; counts as Tier 1 capital.

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