Agnc Investment Corp.

AGNC's 10.6% economic return on tangible common equity in the third quarter was comprised of $0.36 of dividends per common share and a $0.47 increase in tangible net book value per common share, driven by tighter mortgage spreads to benchmark rates quarter-over-quarter, said Bernice Bell, the Company's Executive Vice President and Chief Financial Officer.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

For the third quarter, the weighted average interest rate on the Company's repurchase agreements was 4.43%, compared to 4.44% for the prior quarter.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

October 20, 2025 Page 5 LEVERAGE As of September 30, 2025, $69.0 billion of repurchase agreements, $13.8 billion of net TBA dollar roll positions (at cost) and $0.1 billion of other debt were used to fund the Company's investment portfolio.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

The remainder, or approximately $5.2 billion, of the Company's repurchase agreements was used to fund short-term purchases of U.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

As of September 30, 2025, the Company's repurchase agreements used to fund its investment portfolio ( Investment Securities Repo ) had a weighted average interest rate of 4.38%, compared to 4.49% as of June 30, 2025, and a weighted average remaining maturity of 13 days, compared to 16 days as of June 30, 2025.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

Treasury positions, option-based hedges (swaptions), and other interest rate hedges equaled 68% of the Company's outstanding balance of Investment Securities Repo, net TBA position, and other debt (collectively, funding liabilities ), compared to 89% as of June 30, 2025.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

We invest on a leveraged basis, financing our Agency MBS assets primarily through repurchase agreements, and utilize dynamic risk management strategies intended to protect the value of our portfolio from interest rate and other market risks.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

Forward-looking statements involve risks and uncertainties in predicting future results and conditions.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025

Actual results could differ materially from those projected in these forward-looking statements or from our historic performance due to a variety of important factors, including, without limitation, changes in monetary policy and other factors that affect interest rates, MBS spreads to benchmark interest rates, the forward yield curve, or prepayment rates the availability and terms of financing changes in the market value of the Company's assets general economic or geopolitical conditions liquidity and other conditions in the market for Agency securities and other financial markets and legislative and regulatory changes that could adversely affect the business of the Company.

SEC original ↗Agnc Investment Corp. — Earnings release (8-K exhibit)EX-99Oct 20, 2025