Eric Hagen

Matthew Erdner

Donald Fandetti

Douglas Harter

Matthew Howlett

Christoph Kotowski

Jake Katsikas

Jason Stewart

Randolph Binner

- Angel Oak Mortgage REIT, Inc. (AOMR) and its subsidiary, AOMR TRS SPE II, LLC, entered into a **$200.0 million** repurchase facility with Global Investment Bank 4.  **[1766478_0001766478-25-000095_aomr-20251006.htm:1]** 
- The Master Repurchase Agreement, effective **October 6, 2025**, allows the subsidiary to sell whole loan assets to Global Investment Bank 4 and later repurchase them, and is set to expire on **October 6, 2027**.  **[1766478_0001766478-25-000095_aomr-20251006.htm:1]** 
- The interest rate on any outstanding balance under the agreement is the sum of a **1.60% spread** and Term SOFR.  **[1766478_0001766478-25-000095_aomr-20251006.htm:1]** 
- Angel Oak Mortgage REIT, Inc. guarantees the subsidiary's obligations and is subject to various financial covenants, including those related to declines in tangible net worth, a maximum ratio of indebtedness to tangible net worth, and minimum liquidity.  **[1766478_0001766478-25-000095_aomr-20251006.htm:1]**

Angel Oak Mortgage REIT, Inc. Secures $200 Million Repurchase Facility

- **Angel Oak Mortgage REIT, Inc. (AOMR)** entered into a **new management agreement** with its external manager, **Falcons I, LLC**, effective **October 1, 2025**.  **[1766478_0001766478-25-000093_newmanagementagreementoc.htm:0]** **[1766478_0001766478-25-000093_aomr-20251001.htm:1]** 
- This new agreement was executed immediately following the closing of a **strategic transaction** where **Brookfield acquired a majority stake in Angel Oak Companies**, an affiliate of AOMR's manager.  **[1766478_0001766478-25-000093_angeloakclosingpressrele.htm:0]** **[1766478_0001766478-25-000093_aomr-20251001.htm:1]** 
- The strategic transaction is **not expected to result in any material change** in AOMR's day-to-day management or its investment objectives and strategies.  **[1766478_0001766478-25-000093_aomr-20251001.htm:1]** 
- The new management agreement includes minor modifications, such as conditions for **reimbursement of CEO Sreeni Prabhu's wages** and clarification on the **annual right to decline renewal** of the agreement.  **[1766478_0001766478-25-000093_aomr-20251001.htm:2]**

Angel Oak Mortgage REIT, Inc. Enters New Management Agreement Following Brookfield Strategic Partnership

Angel Oak Mortgage REIT (AOMR)