On March 19, 2021, Ready Capital, Merger Sub, and Anworth Mortgage Asset Corporationcompleted the Merger pursuant to the terms of the Merger Agreement. On the Closing Date, Anworth merged with and into Merger Sub, with Merger Sub continuing as the surviving company. At the Effective Time, and in connection with the Merger, each member of the board of directors of Anworth ceased to be a director of Anworth. These directors are Joseph E. McAdams, Joe E. Davis, Robert C. Davis, Mark S. Maron, Joseph Lloyd McAdams, and Dominique Mielle. Their respective resignations were not a result of any disagreements between Anworth and any of the directors on any matter relating to Anworth's operations, policies or practices. At the Effective Time, each of the officers of Anworth, Joseph E. McAdams and Charles J. Siegel, ceased to be an officer of Anworth.