Peter Federico, previously President and Chief Operating Officer, was appointed President of AGNC Investment Corp. and Christopher Kuehl, previously Executive Vice President, Agency Portfolio Investments, was appointed Executive Vice President and Chief Investment Officer. In the transition, Gary Kain was appointed Executive Chair of the Board of Directors of the Company, and Prue Larocca, previously the Board's Chair, was elected as Vice Chair of the Board and will continue as the Company's Lead Independent Director. In connection with his appointment as Chief Executive Officer, Mr. Federico is now the Company's principal executive officer. Mr. Federico has served as the Company's President since March 2018, as Chief Operating Officer from March 2018 until July 2021, and as Executive Vice President and Chief Financial Officer from July 2016 until March 2018.