Arlington Asset Investment Corp. announced that, as part of the Company's Board of Directors' (the "Board") regular refreshment process, the Board has appointed Melinda H. McClure to serve as a new independent director of the Company. Ms. McClure's term will begin January 17, 2019 and she will stand for election at the Company's next annual meeting of shareholders. Ms. McClure is the Chairman and Chief Executive Officer of VisionBank (in Organization), Washington, D.C.'s first new community bank in ten years. Ms. McClure has over 25 years of experience in the financial services, real estate and capital markets sectors, including particular expertise in mortgage and property REITs. Ms. McClure currently serves on the board of Independence Realty Trust Inc. Concurrent with the appointment of Ms. McClure, and also as part of the Company's Board refreshment process, Daniel J. Altobello and Peter A. Gallagher, each serving over 18 years as members of the Board, will retire from the Board as of January 17, 2019.