Granite Point Mortgage Trust (GPMT) Proxy filing summary

Executive summary

• Annual Meeting scheduled for June 4, 2026, to be held virtually, with all shareholders encouraged to participate and vote electronically or by mail.

• The agenda includes election of seven directors, advisory approval of executive compensation, and ratification of Ernst & Young LLP as independent auditor for 2026.

• The company operates as an internally managed REIT focused on senior floating-rate commercial mortgage loans, emphasizing value-oriented investing and rigorous credit underwriting.

Voting matters and shareholder proposals

• Shareholders will vote on three main proposals: election of directors, advisory say-on-pay, and auditor ratification.

• Board recommends voting FOR all proposals.

• Shareholders may submit proposals for the 2027 annual meeting by December 21, 2026.

Board of directors and corporate governance

• Board consists of seven members, 86% independent, with diverse backgrounds in real estate, finance, and governance.

• All directors are elected annually; board committees are fully independent.

• Board conducts annual self-assessments and emphasizes director education, diversity, and succession planning.

• Majority voting standard and resignation policy for directors not receiving majority support.

• Stock ownership guidelines require independent directors to hold equity equal to three times their annual cash retainer.