AGNC Investment Corp.

LEVERAGE

As of September 30, 2026, $85.7 billion of repurchase agreements and $2.4 billion of net TBA dollar roll positions (at cost) were used to fund the Company’s investment portfolio. The remainder, or approximately $11.0 billion, of the Company’s repurchase agreements was used to fund short-term purchases of U.S. Treasury securities (“U.S. Treasury Repo”) and is not included in the Company’s leverage measurements. Inclusive of its net TBA position and net payable/(receivable) for unsettled investment securities and unsettled equity issuances, the Company’s tangible net book value “at risk” leverage ratio was 7.9x as of September 30, 2026, compared to 7.4x as of June 30, 2026. The Company’s average “at risk” leverage ratio for the third quarter was 7.6x tangible net book value, compared to 7.4x as of June 30, 2026.

As of September 30, 2026, the Company’s repurchase agreements used to fund its investment portfolio (“Investment Securities Repo”) had a weighted average interest rate of 3.95%, compared to 3.75% as of June 30, 2026, and a weighted average remaining maturity of 10 days, compared to 13 days as of June 30, 2026. As of September 30, 2026, $45.7 billion, or 53%, of the Company’s Investment Securities Repo was funded through the Company’s captive broker-dealer subsidiary, Bethesda Securities, LLC.