Two Harbors Investment (TWO) Proxy filing summary

Executive summary

• CrossCountry Intermediate Holdco, LLC and its subsidiary have waived certain merger agreement restrictions to allow a pro-rated dividend payment to shareholders if the proposed CCM merger does not close at quarter end.

• Regular quarterly dividends will continue to be paid prior to the merger closing, consistent with past practice.

• The pro-rated dividend, if paid, will be calculated based on the most recent quarterly dividend and the number of days elapsed in the quarter up to the merger closing.

• The payment of the pro-rated dividend is contingent upon the closing of the CCM merger.

• Forward-looking statements highlight expectations, risks, and uncertainties related to the merger, including timing, approvals, and potential impacts on operations and personnel.

Voting matters and shareholder proposals

• The proposed CCM merger will be submitted to shareholders for approval at a meeting, as detailed in the proxy statement.

• Shareholders are encouraged to review the proxy statement and related materials for important information about the merger and voting procedures.

Executive compensation and say-on-pay

• Information on executive compensation, including the Compensation Discussion and Analysis and Summary Compensation Table, is available in the referenced Form 10-K/A and proxy statement.