Cherry Hill Mortgage Investment Corporation 2026 Executive Compensation Plan

Cherry Hill Mortgage Investment Corporation has adopted the 2026 Executive Compensation Plan, effective January 1, 2026. The plan, developed with consultant Ferguson Partners, aims to align executive pay with an internal management structure and market competitiveness. It comprises base salary, a short-term incentive program (STIP), and a long-term incentive program (LTIP). For 2026, base salaries are set at $900,000 for CEO Jay Lown, $550,000 for CIO Julian Evans, and $400,000 for CFO Apeksha Patel. The STIP offers annual cash bonuses based on company financial metrics (70%) and individual performance (30%), with opportunities ranging from threshold to maximum. The LTIP covers rolling three-year periods, with awards split between time-based and performance-based components, determined by metrics such as total stockholder return relative to a peer group and absolute total stockholder return. Total compensation opportunities for 2026 vary based on performance levels.