Terra Property Trust acquires ~5.2% stake in AG Mortgage Investment Trust (MITT), becomes second-largest holder

Terra Property Trust, Inc.

Acquired ~5.2% of MITT outstanding common stock as of July 24, 2023, making TPT second-largest stockholder.
Believes MITT is undervalued; intends to consider all options to unlock value, including a strategic combination.
Remains committed to completing its merger with Western Asset Mortgage Capital (WMC) in Q4 2023.
May engage with MITT management/board on business, capital structure, governance, and strategic alternatives.

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