Two Harbors Investment (TWO) Proxy filing summary

Executive summary

• Proposed all-cash merger with CrossCountry Mortgage offers $11.30 per common share and $25.00 per preferred share plus accrued dividends to stockholders.

• Combination aims to create a leading, fully integrated mortgage company in the U.S.

• Board of Directors unanimously approved the merger and recommends voting in favor.

• Forward-looking statements highlight expectations, goals, and risks associated with the transaction, including timing and completion uncertainties.

Voting matters and shareholder proposals

• Stockholders are asked to vote on the proposed merger before May 19, 2026.

• Voting options include online, phone, or mail, regardless of prior voting status.

• Board unanimously recommends voting "FOR" all proposals at the Special Meeting.

Board of directors and corporate governance

• Directors, executive officers, and certain employees are participants in the proxy solicitation.

• Information on director and executive officer stock ownership is available in the proxy statement and recent SEC filings.