Cherry Hill Mortgage Investment Corp

Prior to November 14, 2024, we were externally managed and advised by CHMM, which was responsible for our investment strategies and decisions and our day-to-day operations, subject to the supervision and oversight of our Board. Effective as of November 14, 2024, we completed an “Internalization Event” within the meaning of the management agreement with CHMM by, among other things, directly hiring the senior management team and other personnel who had historically been employed by Freedom Mortgage and provided services to us through CHMM. Upon consummation of the Internalization Event, we ceased being externally managed (the “Internalization”). As a result of the Internalization, we began operating as a fully integrated, internally managed company.