TWO HARBORS INVESTMENT CORP. — fact timeline

TWO HARBORS INVESTMENT CORP. amended Second Amendment to the Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp. valued at $12.00 per share (effective 2026-05-07).

“On May 7, 2026, Two Harbors Investment Corp. (“Two Harbors”) entered into a Second Amendment to the Agreement and Plan of Merger (the “Second Amendment”), by and among Two Harbors, CrossCountry Intermediate Holdco, LLC (“CCM”) and CrossCountry Merger Corp., a wholly owned subsidiary of CCM (“Merger Sub”), to amend the terms of the previously disclosed Agreement and Plan of Merger, dated March 27, 2026 (the “Original CCM Merger Agreement”), as amended by the First Amendment to the Agreement and Plan of Merger, dated April 28, 2026 (the “First Amendment”), by and among Two Harbors, CCM and Merger Sub (the Original CCM Merger Agreement, as amended by the First Amendment and the Second Amendment, the “Amended CCM Merger Agreement”).”

TWO HARBORS INVESTMENT CORP. amended First Amendment to the Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC valued at Increased per share consideration to $11.30 from $10.80; increased termination fee to $50.0 million (effective 2026-04-28).

“On April 28, 2026, Two Harbors Investment Corp. (“Two Harbors”) entered into a First Amendment to the Agreement and Plan of Merger (the “Amendment”), by and among Two Harbors, CrossCountry Intermediate Holdco, LLC (“CCM”) and CrossCountry Merger Corp., a wholly owned subsidiary of CCM (“Merger Sub”), to amend the terms of the previously disclosed Agreement and Plan of Merger, dated March 27, 2026 (the “Original CCM Merger Agreement” and, as amended by the Amendment, the “Amended CCM Merger Agreement”), by and among Two Harbors, CCM and Merger Sub.”

TWO HARBORS INVESTMENT CORP. reported the fiscal quarter ended March 31, 2026 results: net income $ 19,477, EPS $ 0.18.

“age basic common share Annualized return on average common equity Earnings Per weighted average basic common share Annualized return on average common equity Comprehensive (Loss) Income $ (24,714) $ (0.24) (8.4) % $ 50,429 $ 0.48 17.2 % GAAP Net Income (Loss) $ 19,477 $ 0.18 6.6 % $ (1,325) $ (0.02) (0.5) % Earnings Available for Distribution (1) $ 35,756 $ 0.34 12.2 % $ 27,435 $ 0.26 9.4 % Operating Metrics Dividend per common share $ 0.34 $ 0.34 Annualized dividend yield (2) 11.9 % 13.0 % Book value per common share at period end $ 10.57 $ 11.13 Economic return on book value (3) (2.0) % 3.9 % Operating expenses, excluding non-cash LTIP amortization and merger-related costs (4) $ 39,391 $ 43,699 Operating expenses, excluding non-cash LTIP amortization and merger-related costs, as a percentage of average equity (4) 8.8 % 9.7 % _______________ (1) Earnings Available for Distribution, or E”

TWO HARBORS INVESTMENT CORP. entered into Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp. (effective 2026-03-27).

“On March 27, 2026, Two Harbors Investment Corp., a Maryland corporation (“Two Harbors”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Two Harbors, CrossCountry Intermediate Holdco, LLC, a Delaware limited liability company (“CCM”), and CrossCountry Merger Corp., a Maryland corporation and a wholly owned subsidiary of CCM (“Merger Sub”).”

William Dellal changed role as Vice President and Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On April 18, 2025, the Board of Directors of Two Harbors Investment Corp. (the “Company”) confirmed that William Dellal has been designated as the Company’s Vice President and Chief Financial Officer and will serve in such role until further notice.”

William Dellal resigned as Interim Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“Mr. Dellal will resign from his role as of the Effective Date.”

Travis Swenson was appointed as Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On November 11, 2024 , the Board of Directors of Two Harbors Investment Corp. (the “Company”) approved the appointment of Travis Swenson as Chief Financial Officer of the Company, with an effective date of May 5, 2025”

Jillian Halm was appointed as Chief Accounting Officer at TWO HARBORS INVESTMENT CORP..

“On August 28 , 2024, the Board of Directors of the Company appointed Jillian Halm as Chief Accounting Officer of the Company, effective immediately .”

Blake Johnson resigned as Acting Chief Accounting Officer at TWO HARBORS INVESTMENT CORP..

“On August 26, 2024, Blake Johnson notified Two Harbors Investment Corp. (the “Company”) of his intention to resign from his position as Acting Chief Accounting Officer of the Company, effective no later than October 25, 2024”

Blake Johnson was appointed as Acting Chief Accounting Officer at TWO HARBORS INVESTMENT CORP..

“On August 1, 2024, the Board of Directors of the Company also appointed Blake Johnson as Acting Chief Accounting Officer of the Company, effective immediately .”

William Dellal was appointed as Vice President and Interim Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On August 1 , 2024, the Board of Directors of the Company appointed William Dellal as Vice President and Interim Chief Financial Officer of the Company, effective immediately .”

Mary Riskey resigned as Vice President and Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On August 1, 2024, consistent with her previously announced plan to retire, Mary Riskey resigned from her role as Vice President and Chief Financial Officer of Two Harbors Investment Corp. (the “Company”).”

TWO HARBORS INVESTMENT CORP. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm at the 2024-05-15 meeting.

“Proposal 3 — Ratification of Appointment of Independent Registered Public Accounting Firm Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The voting results were as follows: For Against Abstain 79,868,731 942,034 412,578”

TWO HARBORS INVESTMENT CORP. shareholders approved Advisory vote relating to executive compensation at the 2024-05-15 meeting.

“Proposal 2 — Advisory Vote Relating to Executive Compensation Stockholders approved the advisory resolution on the Company’s executive compensation. The voting results were as follows: For Against Abstain Broker Non-Votes 61,380,398 2,810,802 427,337 16,604,806”

TWO HARBORS INVESTMENT CORP. shareholders approved Election of nine directors at the 2024-05-15 meeting.

“Proposal 1 — Election of Directors Each of the nine director nominees proposed by the Company’s board of directors was elected to serve as a director until the Company’s 2025 Annual Meeting of Stockholders, or until his or her successor is duly elected and qualified.”