Brinch Brian M sold AGM

Footnotes

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.