AGNC Investment Corp. announced that, effective July 1, 2021, Gary Kain, the Company's Chief Executive Officer and Chief Investment Officer, will transition to the role of Executive Chairman of the Board of Directors of the Company . As Executive Chairman, Mr. Kain will remain an integral member of the executive management team and continue to play a significant role in the Company's ongoing investment decisions, risk management activities, and capital management strategies. In his new capacity, Mr. Kain will also, in consultation with the Lead Independent Director, preside over AGNC's board and stockholder meetings. Mr. Kain's term as Executive Chairman will begin on July 1, 2021 and is expected to continue through at least December 31, 2022. Prue Larocca, currently AGNC's Board Chair, will continue as the Board's Lead Independent Director and will become Vice Chair, effective July 1, 2021. The Board also announced that it has selected Christopher Kuehl, who currently serves as Executive Vice President, to become the Company's Chief Investment Officer, both effective July 1, 2021. Mr. Kain has served as AGNC's Chief Executive Officer since March 2016 and Chief Investment Officer since January 2009, when he joined the Company. He previously served as President from April 2011 until March 2018.