Annaly Capital Management, Inc. Announces Preferred Dividends

In accordance with the terms of Annaly’s 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”), the Board has declared a Series F Preferred Stock cash dividend for the fourth quarter of 2025 of $0.578507 per share of Series F Preferred Stock, which reflects a rate of 9.25611%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.993%.

In accordance with the terms of Annaly’s 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series G Preferred Stock”), the Board has declared a Series G Preferred Stock cash dividend for the fourth quarter of 2025 of $0.538910 per share of Series G Preferred Stock, which reflects a rate of 8.43511%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.172%.

In accordance with the terms of Annaly’s 6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series I Preferred Stock”), the Board has declared a Series I Preferred Stock cash dividend for the fourth quarter of 2025 of $0.591107 per share of Series I Preferred Stock, which reflects a rate of 9.25211%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.989%.

In accordance with the terms of Annaly’s 8.875% Series J Cumulative Redeemable Preferred Stock (“Series J Preferred Stock”), the Board has declared a Series J Preferred Stock cash dividend for the fourth quarter of 2025 of $0.88750 per share of Series J Preferred Stock. This is the first declared dividend for the Series J Preferred Stock for the long first dividend period cumulative from, and including, the date of original issuance, of August 7, 2025.

Dividends for the Series F Preferred Stock, Series G Preferred Stock, Series I Preferred Stock, and Series J Preferred Stock are payable on December 31, 2025 to preferred shareholders of record as of December 1, 2025.

About Annaly

Annaly is a leading diversified capital manager with investment strategies across mortgage finance. Annaly’s principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Additional information on the company can be found at www.annaly.com.