Annaly Capital Management, Inc. (NYSE:NLY) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07(d).
As reported in the Original Filing, at the Company’s 2017 Annual Meeting of Stockholders held on May25, 2017, the Company’s stockholders approved, on an advisory basis, holding an annual advisory vote regarding the Company’s executive compensation. Consistent with the recommendation of the Board of Directors of the Company as set forth in the Company’s definitive proxy statement filed with the SEC on April11, 2017 and the advisory vote of the Company’s stockholders on this proposal at the Annual Meeting of Stockholders, the Company intends to hold the advisory vote on the Company’s executive compensation every year. The Company intends to continue holding such votes annually until the next required vote on the frequency of the advisory vote on the Company’s executive compensation.
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About Annaly Capital Management, Inc. (NYSE:NLY)
Annaly Capital Management, Inc. (Annaly) is a mortgage real estate investment trust (REIT). The Company’s principal business objectives are to generate net income for distribution to its stockholders from its investments and capital preservation. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. Its business operations primarily consist of Annaly Commercial Real Estate Group, Inc. (ACREG), which specializes in originating or acquiring, financing and managing commercial loans and other commercial real estate debt, commercial mortgage-backed securities and other commercial real estate-related assets; Annaly Middle Market Lending LLC (MML), which engages in corporate middle market lending transactions, and RCap Securities, Inc. (RCap), which operates as a broker-dealer, and is a member of the Financial Industry Regulatory Authority (FINRA). It is managed by Annaly Management Company LLC.
