Annaly redeems all 17.7M Series I preferred shares and reclassifies them as common stock

ANNALY CAPITAL MANAGEMENT INC

Annaly redeemed all 17,700,000 issued and outstanding shares of 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock on October 1, 2026.
On October 2, 2026, Annaly filed Articles Supplementary in Maryland reclassifying and redesignating all 17,700,000 recently redeemed Series I preferred shares as common stock, par value $0.01.
As of October 2, 2026, no shares of Series I Preferred Stock were authorized, issued and outstanding; the Articles Supplementary was filed as Exhibit 3.1.
Annaly's registered securities include common stock NLY and preferred stocks NLY.F, NLY.G, and NLY.J on the NYSE.

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