ORC increases ATM equity distribution capacity by $150M to up to ~$233.5M remaining

Orchid Island Capital, Inc.

Amendment No. 1 raises aggregate offering price by $150M, with approximately $233.5M in Shares still available for sale.
Original $350M ATM program had generated $266.5M gross proceeds from 34.5M shares sold as of July 28, 2025.
Shares offered are common stock (par $0.01) via at-the-market sales on NYSE or to market makers.
Issued under existing S-3 registration statement (333-269339) with prospectus supplement dated July 28, 2025.

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