AGM · Federal Agricultural Mortgage Corp

In connection with the net share settlement of the exercise of 939 vested stock appreciation rights ("SARs") granted in March 2022 with a grant price of $120.38 per share, Mr. Brinch was entitled to receive 463 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 238 shares, and Farmer Mac retained 225 shares to satisfy tax withholding requirements arising from the exercise. The 476 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

Transaction effected during an open trading window for employees and directors of Farmer Mac.

Includes 1,872 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Exercisable beginning March 31, 2023 with respect to 313 shares, beginning March 31, 2024 with respect to 313 shares, and beginning March 31, 2025 with respect to 313 shares.

In connection with the net share settlement of the exercise of 939 vested stock appreciation rights ("SARs") granted in March 2022 with a grant price of $120.38 per share, Mr. Brinch was entitled to receive 463 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 238 shares, and Farmer Mac retained 225 shares to satisfy tax withholding requirements arising from the exercise. The 476 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

Transaction effected during an open trading window for employees and directors of Farmer Mac.

Includes 1,872 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

In connection with the net share settlement of the exercise of 939 vested stock appreciation rights ("SARs") granted in March 2022 with a grant price of $120.38 per share, Mr. Brinch was entitled to receive 463 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 238 shares, and Farmer Mac retained 225 shares to satisfy tax withholding requirements arising from the exercise. The 476 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

Transaction effected during an open trading window for employees and directors of Farmer Mac.

Includes 1,872 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 386 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

On March 31, 2026, (i) 1,449 restricted stock units vested as the third installment of the time-based award granted in March 2023, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 700 shares to satisfy withholding requirements, (ii) 4,348 performance-based restricted stock units vested that were granted in March 2023 (2,174 target units vesting at a 200% performance factor), for which Farmer Mac retained 2,101 shares to satisfy withholding requirements, (iii) 1,305 restricted stock units vested as the second installment of the time-based award granted in March 2024, for which Farmer Mac retained 631 shares to satisfy withholding requirements, and (iv) 1,313 restricted stock units vested as the first installment of the time-based award granted in March 2025, for which Farmer Mac retained 635 shares to satisfy withholding requirements.

On March 31, 2026, 24,600 performance-based restricted stock units vested that were granted in March 2023 (15,00 target units vesting at a 164% performance factor), for which Farmer Mac retained 11,882 shares to satisfy withholding requirements.

In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.

Includes 16,694 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect (i) 2,174 more shares that vested on March 31, 2026, as a result of applying a 200% performance factor to 2,174 target restricted stock units granted in March 2023 and (ii) 9,600 more shares that vested on March 31, 2026, as a result of applying a 164% performance factor to 15,000 target restricted stock units granted in March 2023.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non- Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

On March 31, 2026, (i) 483 restricted stock units vested as the third installment of the time-based award granted in March 2023, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 234 shares to satisfy withholding requirements, (ii) 1,450 performance-based restricted stock units vested that were granted in March 2023 (725 target units vesting at a 200% performance factor), for which Farmer Mac retained 701 shares to satisfy withholding requirements, (iii) 405 restricted stock units vested as the second installment of the time-based award granted in March 2024, for which Farmer Mac retained 196 shares to satisfy withholding requirements, and (iv) 396 restricted stock units vested as the first installment of the time-based award granted in March 2025, for which Farmer Mac retained 192 shares to satisfy withholding requirements.

In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.

Includes 4,496 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect 725 more shares that vested on March 31, 2026, as a result of applying a 200% performance factor to 725 target restricted stock units granted in March 2023.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non- Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

On March 31, 2026, (i) 182 restricted stock units vested as the third installment of the time-based award granted in March 2023, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 83 shares to satisfy withholding requirements, (ii) 135 restricted stock units vested as the second installment of the time-based award granted in March 2024, for which Farmer Mac retained 61 shares to satisfy withholding requirements and, (iii) 134 restricted stock units vested as the first installment of the time-based award granted in March 2025, for which Farmer Mac retained 61 shares to satisfy withholding requirements.

In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.

Includes 874 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non- Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non- Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on March 31, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

On March 31, 2026, (i) 170 restricted stock units vested as the third installment of the time-based award granted in March 2023, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 83 shares to satisfy withholding requirements, (ii) 508 performance-based restricted stock units vested that were granted in March 2023 (254 target units vesting at a 200% performance factor), for which Farmer Mac retained 246 shares to satisfy withholding requirements, (iii) 135 restricted stock units vested as the second installment of the time-based award granted in March 2024, for which Farmer Mac retained 66 shares to satisfy withholding requirements, and (iv) 167 restricted stock units vested as the first installment of the time-based award granted in March 2025, for which Farmer Mac retained 81 shares to satisfy withholding requirements.

In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.

Includes 1,872 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect 254 more shares that vested on March 31, 2026, as a result of applying a 200% performance factor to 254 target restricted stock units granted in March 2023.

Grant of time-vested restricted stock units ("RSUs") under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. Includes three equal installments of 441 RSUs, each of which will vest on March 31, 2027, March 31, 2028, and March 31, 2029, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.

In addition to the RSUs reported in this filing, includes 1,491 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

This is the target number of performance-based RSUs granted under the Plan for no consideration. Those RSUs will vest on March 31, 2029 if Farmer Mac meets performance objectives related to cumulative core earnings before credit during the performance period of January 1, 2026 to December 31, 2028, subject to "gatekeepers" related to compliance with regulatory capital requirements and specified asset quality metrics, as specified in the related award agreement.

Any adjustments to the target award will be reported at the time of the actual determination of performance as compared to the applicable threshold. In no event, however, will the number of shares actually awarded upon vesting exceed 200% of the number of RSUs in the target award.

In addition to the RSUs reported in this filing, includes 1,649 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 358 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of shares of time-vested restricted stock units of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") for no consideration. All shares are scheduled to vest on March 31, 2027, subject to pro rata vesting for early termination.

In addition to the RSUs reported in this filing, includes 29,100 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Grant of time-vested restricted stock units ("RSUs") under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. Includes three equal installments of 211 RSUs, each of which will vest on March 31, 2027, March 31, 2028, and March 31, 2029, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.

In addition to the RSUs reported in this filing, includes 1,649 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of time-vested restricted stock units ("RSUs") under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. Includes three equal installments of 157 RSUs, each of which will vest on March 31, 2027, March 31, 2028, and March 31, 2029, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.

In addition to the RSUs reported in this filing, includes 854 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Grant of time-vested restricted stock units ("RSUs") under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. Includes three equal installments of 245 RSUs, each of which will vest on March 31, 2027, March 31, 2028, and March 31, 2029, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of stock appreciation rights under Farmer Mac's Plan for no consideration.

Exercisable beginning March 31, 2027, with respect to 877 shares, beginning March 31, 2028, with respect to 877 shares, and beginning March 31, 2029, with respect to 877 shares.

This is the target number of performance-based RSUs granted under the Plan for no consideration. Those RSUs will vest on March 31, 2029 if Farmer Mac meets performance objectives related to cumulative core earnings before credit during the performance period of January 1, 2026 to December 31, 2028, subject to "gatekeepers" related to compliance with regulatory capital requirements and specified asset quality metrics, as specified in the related award agreement.

Any adjustments to the target award will be reported at the time of the actual determination of performance as compared to the applicable threshold. In no event, however, will the number of shares actually awarded upon vesting exceed 200% of the number of RSUs in the target award.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of stock appreciation rights under Farmer Mac's Plan for no consideration.

Exercisable beginning March 31, 2027, with respect to 487 shares, beginning March 31, 2028, with respect to 487 shares, and beginning March 31, 2029, with respect to 487 shares.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.

Grant of time-vested restricted stock units ("RSUs") under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. Includes three equal installments of 466 RSUs, each of which will vest on March 31, 2027, March 31, 2028, and March 31, 2029, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.

In addition to the RSUs reported in this filing, includes 4,408 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Grant of stock appreciation rights under Farmer Mac's Plan for no consideration.

Exercisable beginning March 31, 2027, with respect to 419 shares, beginning March 31, 2028, with respect to 419 shares, and beginning March 31, 2029, with respect to 419 shares.

Grant of stock appreciation rights under Farmer Mac's Plan for no consideration.

Exercisable beginning March 31, 2027, with respect to 926 shares, beginning March 31, 2028, with respect to 926 shares, and beginning March 31, 2029, with respect to 926 shares.

This is the target number of performance-based RSUs granted under the Plan for no consideration. Those RSUs will vest on March 31, 2029, if Farmer Mac meets performance objectives related to cumulative core earnings before credit during the performance period of January 1, 2026, to December 31, 2028, subject to "gatekeepers" related to compliance with regulatory capital requirements and specified asset quality metrics, as specified in the related award agreement.

Any adjustments to the target award will be reported at the time of the actual determination of performance as compared to the applicable threshold. In no event, however, will the number of shares actually awarded upon vesting exceed 200% of the number of RSUs in the target award.

In addition to the RSUs reported in this filing, includes 4,408 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

This is the target number of performance-based RSUs granted under the Plan for no consideration. Those RSUs will vest on March 31, 2029, if Farmer Mac meets performance objectives related to cumulative core earnings before credit during the performance period of January 1, 2026, to December 31, 2028, subject to "gatekeepers" related to compliance with regulatory capital requirements and specified asset quality metrics, as specified in the related award agreement.

Any adjustments to the target award will be reported at the time of the actual determination of performance as compared to the applicable threshold. In no event, however, will the number of shares actually awarded upon vesting exceed 200% of the number of RSUs in the target award.

In addition to the RSUs reported in this filing, includes 1,491 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.