At Dynex, we hold ourselves to the highest ethical standards, and we believe that our actions have an impact on our community and the world. As a mortgage REIT we believe that Environmental, Social, and Governance (ESG) factors have direct impacts on our portfolio's risk and return. Further, our investors and shareholders are expressing a growing desire to invest in companies who prioritize ESG initiatives.

We recognize that we have a responsibility to be stewards of the future and we are committed to excellence in our ESG practices. We believe that ESG practices create value by improving the environment and the lives of our employees, shareholders, business partners, and the community. We assess our practices with a goal of meeting or exceeding industry and peer standards. We continually seek opportunities in pursuit of the long-term success of our business and to enhance the communities where we operate through corporate giving, employee volunteering, human capital development, and environmental sustainability programs. Our Board of Directors has formal oversight of our ESG initiatives, and we will continue to embrace research and education that will explore new ways for us to continue to grow and expand this program.