Armour Residential Reit, Inc. · NYSE:ARR

Armour Residential Reit — Corporate Update (March 2023)

8 slides from Armour Residential Reit's corporate update, Mar 10, 2023

  1. Slide 1: ARMOUR Residential REIT, Inc. Company Update 3/10/2023

    ARMOUR RESIDENTIAL REIT, Inc. Company Update 3/10/2023 ARMOUR seeks to create shareholder value through thoughtful investment and risk management that produces current yield and superior risk adjusted returns over the long term. Our focus on residential real estate finance supports home ownership fo

  2. Slide 2: Forward-looking statements disclaimer

    2 • Certain statements made in this presentation regarding ARMOUR Residential REIT, Inc. (“ARMOUR” or the “Company”), and any other statements regarding ARMOUR’s future expectations, beliefs, goals or prospects constitute “forward-looking statements” made within the meaning of the safe harbor provis

  3. Slide 3: ARMOUR Overview: Equity, Liquidity, Dividend Policy, Governance

    3 Stockholders' Equity and Liquidity Dividend Policy Shareholder Alignment Transparency and Governance ARMOUR REIT Manager • As previously reported, Stockholders' Equity as of February 13, 2023 totaled $1.4 billion, including the 7.00% Series C Cumulative Redeemable Preferred Stock ("Series C Prefer

  4. Slide 4: ARMOUR Portfolio and Financing Composition

    4 ARMOUR Portfolio(1) Securities % of Portfolio Current Value (millions) Weighted Average Book Price Weighted Average Market Price Weighted Average Net/Gross Coupon Estimated Effective Duration Agency Fixed Rates MBS Maturing Between 0 and 360 Months 97.1% $11,640 100.6% 97.2% 4.87/5.72 4.65 Agency

  5. Slide 5: ARMOUR Hedging Composition

    5 Information as of 02/28/2023. Some totals may not foot due to rounding. ARMOUR Hedging Composition 6 N ot io na l ( in m ill io ns ) Interest Rate Swap Breakdown by Months to Maturity 0 - 12 M on th s 13 - 2 4 M on th s 25 - 3 6 M on th s 37 - 4 8 M on th s 49 - 6 0 M on th s 61 - 7 2 M on th s 73

  6. Slide 6: ARMOUR's Agency Portfolio Constant Prepayment Rates

    6 Constant Prepayment Rate ("CPR") is the annualized equivalent of single monthly mortality ("SMM"). CPR attempts to predict the percentage of principal that will prepay over the next twelve months based on historical principal pay downs. CPR is reported on the 4th business day of the month for the

  7. Slide 7: ARMOUR Net Interest Margin

    7ARMOUR Net Interest Margin Pe rc en t Asset Yield Cost of Funds including Hedges Net Interest Margin 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 1 2 3 4 Information as of Q4 2022.

  8. Slide 8: ARMOUR Residential REIT, Inc. contact details

    ARMOUR Residential REIT, Inc. 3001 Ocean Drive Suite 201 Vero Beach, FL 32963 armourreit.com 772-617-4340

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