.

Why Annaly

The industry leader with a differentiated investing model composed of diversified investment strategies on balance sheet.

Key States

9

Financing Options
Key States

$6.9bn

Total Assets Available For Financing(1)
Key States

$13bn

Permanent Capital(2)
Key States

815%

Total Shareholder Return Since IPO(3)
scale

Scale

At 10x the size of the median mortgage REIT by market cap(4), we are a leader across the residential mortgage finance market



Group

Diversified

Annaly is able to efficiently diversify investments across its businesses through a rigorous shared capital model and capital allocation process

Liquid

Liquid

Our diversified, lower leveraged strategy results in greater liquidity, with $6.9bn of total assets available for financing(1) and $3.9bn of cash and unencumbered Agency MBS as of December 31, 2024

Efficient

Efficient

Annaly’s scale, internalized model and cost discipline yield significantly lower expense ratios relative to industry peers

financing

Financing

Annaly’s deep and diverse financing sources across all investment groups provide the Company with unique competitive advantages. Our range of financing alternatives includes traditional repo, warehouse lines and financing through our own broker dealer

Total Shareholder Return

Endnotes