Strategic Milestones

  1. Refers to Federal Home Loan Bank (FHLB) membership ending February 2021.

  2. In April 2016, Annaly expanded its Employee Stock Ownership Guidelines to director-level and above employees, representing 40% of the firm. Pursuant to these guidelines, employees are not granted stock, but rather, asked to purchase predetermined amounts of shares in the open market based on certain criteria including seniority, compensation level and role.

  3. July common offering size includes the underwriter’s full exercise of its overallotment option to purchase additional shares of common stock. July preferred offering size includes the underwriter’s partial exercise of its overallotment option to purchase additional shares of preferred stock. Gross proceeds are before deducting the underwriting discount and other estimated offering expenses.

  4. October common offering size includes the underwriter’s partial exercise of its overallotment option to purchase additional shares of common stock. Gross proceeds are before deducting the underwriting discount and other estimated offering expenses.

  5. Board appointments effective January 1, 2018.

  6. Subsequent to December 31, 2017, on January 12, 2018, Annaly closed a public offering of 17 million shares of its 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. Gross proceeds are before deducting the underwriting discount and other estimated offering expenses.