FEDERAL AGRICULTURAL MORTGAGE CORP

For the Annual Meeting of Stockholders to be held on May 14, 2026

This Proxy Statement is furnished in connection with the solicitation by the Board of Directors ("Board") of the

Federal Agricultural Mortgage Corporation ("Farmer Mac") of proxies from the holders of Farmer Mac's Class A

Voting Common Stock and Class B Voting Common Stock (together, "Voting Common Stock"). Farmer Mac is not

soliciting proxies from the holders of its Class C Non-Voting Common Stock. The proxies will be voted at Farmer

Mac's 2026 Annual Meeting of Stockholders ("Meeting"), to be held on Thursday, May 14, 2026, at 8:00 a.m. Eastern

Time at the third floor conference center in Farmer Mac's headquarters located at 2100 Pennsylvania Avenue, NW,

Washington, DC 20037 ("Farmer Mac Headquarters"), and at any adjournment or postponement of the Meeting. The

Notice of Annual Meeting, this Proxy Statement, and the enclosed proxy card are being mailed to holders of Voting

Common Stock on or about April 15, 2026. In this Proxy Statement, "we," "us," and "our" refer to Farmer Mac except

as the context otherwise requires or as otherwise noted.

At the Meeting, Farmer Mac's Board will present for a vote the election of ten members to the Board (Proposal 1) and

the ratification of the appointment of PricewaterhouseCoopers LLP as Farmer Mac's independent auditor for fiscal year

2026 (Proposal 2). The Board will also present for a vote the approval, on an advisory basis, of the compensation of

Farmer Mac's named executive officers ("NEOs") disclosed in this Proxy Statement (Proposal 3). The Board is not

aware of any other matter to be presented for a vote at the Meeting.

Important Notice Regarding the Availability of Proxy Materials for Farmer Mac's Annual Meeting of

Stockholders to be held on May 14, 2026: the Proxy Statement, sample proxy cards, and Farmer Mac's 2025

Annual Report are available atwww.farmermac.com/investors/financial-information/.