By written consent executed as of March 10, 2017, the Board of Directors (the “Board”) of MTGE Investment Corp. (the “Company”) set the number of directors who constitute the Board to five and appointed Steven W. Abrahams to the Board, effective immediately. Mr. Abrahams was elected to a term that continues until the Company’s 2017 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.

Mr. Abrahams, 57, is the Co-Founder and Chief Executive Officer of Milepost Capital Management LLC. Milepost Capital, which was founded in 2016, provides investment strategy; research; asset sourcing, selection, and reporting; and portfolio accounting to US community banks. Mr. Abrahams also serves as an Adjunct Professor of Finance and Economics at the Columbia Business School. Prior to founding Milepost Capital, Mr. Abrahams was a Managing Director and the Head of MBS and Securitization Research at Deutsche Bank AG from 2010 until 2016, and, from 2008 until 2009, he founded and served as a Managing Director of Citadel Capital Advisors, a business unit of Citadel LLC established to advise institutional investors managing complex portfolios of loans, securities, and related risks. From 2001 to 2008, Mr. Abrahams served in a number of roles at Bear Stearns & Co. Inc., including from 2005 until 2008 as the Senior Managing Director, Global Head of Liquid Product Strategy. Mr. Abrahams holds a Ph.D. in Psychology from Columbia University.

About MTGE Investment Corp. (NASDAQ:MTGE)

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a hybrid mortgage real estate investment trust. The Company invests in, finances and manages a portfolio of real estate-related investments, which the Company defines to include agency residential mortgage-backed securities, non-agency mortgage investments, other mortgage-related investments and other real estate investments. Its objective is to generate attractive risk-adjusted returns for distribution to its stockholders over the long-term through a combination of dividends and net book value appreciation. The Company invests in agency RMBS issued by Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. Its other real estate investments may include equity investments in healthcare and independent living facilities, and debt investments. The Company is externally-managed by a subsidiary of AGNC Investment Corp.

MTGE Investment Corp. (NASDAQ:MTGE) Recent Trading Information

MTGE Investment Corp. (NASDAQ:MTGE) closed its last trading session up +0.25 at 15.95 with 228,421 shares trading hands.