Onslow Bay Parent Company
ANNALY®

 Onslow Bay Parent Company

Annaly Capital Management, Inc. ("Annaly") is the parent company of Onslow Bay Financial LLC ("Onslow Bay"). Onslow Bay was a wholly owned subsidiary of Hatteras Financial Corp., which Annaly acquired in July of 2016.

Annaly is a leading diversified capital manager that was founded in 1996 and has been publicly traded since 1997 (NYSE: NLY).

The Company has provided sustainable yield for shareholders over 25 years, delivering attractive investment returns throughout market cycles. Annaly's diversified investment strategies include agency mortgage-backed securities, mortgage servicing rights and residential real estate. With our permanent capital and diversified investment strategies, Annaly is a leader across the residential mortgage finance market. Annaly has elected to be taxed as real estate investment trust (“REIT”) and is among the world’s largest REITs.

Annaly utilizes securitization through Onslow Bay as an asset generation strategy and as a mechanism to diversify financing for the whole loan business. Annaly also has access to dedicated whole loan warehouse facilities as an alternative source of funding.

Learn more about Annaly at www.annaly.com

Source: Company filings and Bloomberg. Financial and market data as of March 31, 2024.

1. Permanent capital represents Annaly’s total stockholders’ equity as of March 31, 2024.

2. Total return represents total shareholder return for the period beginning October 7, 1997 through March 31, 2024.