Annaly Capital Management, Inc. announced that director Katie Beirne Fallon resigned from the company's Board of Directors, effective July 14, 2022, in connection with her acceptance of an offer to serve as Executive Vice President, Communications, Public Affairs and Policy at Fidelity Investments. Ms. Fallon joined the Board in January 2018 and served as the Chair of the Corporate Responsibility Committee since May 2020. Ms. Fallon also served as a member of the Nominating /Corporate Governance Committee.

Following Ms. Fallon's resignation, the company's Board will be comprised of 10 directors.