Ellington Credit Company (EARN) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on June 25, 2026, with shareholders able to vote and ask questions online.

• Shareholders of record as of April 30, 2026, are entitled to vote on the election of trustees and ratification of the auditor.

• The Board recommends voting for all six trustee nominees and for the ratification of PricewaterhouseCoopers LLP as auditor.

• Proxy materials, annual reports, and voting instructions are available online, and multiple voting methods are supported.

Voting matters and shareholder proposals

• Proposal 1: Elect six trustees nominated by the Board to serve until the next annual meeting or until successors are elected.

• Proposal 2: Ratify PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027.

• Shareholders may submit proposals for the 2027 meeting by January 5, 2027, and can recommend trustee candidates under specified procedures.

• No cumulative voting or dissenter's rights apply to these matters.

Board of directors and corporate governance

• The Board consists of six trustees, four of whom are independent as defined by the 1940 Act.

• Two standing committees: Audit, and Nominating and Corporate Governance, both comprised solely of independent trustees.

• Trustees are expected to attend all meetings; all current trustees attended at least 75% of meetings in 2025 and 2026.

• The Board separates the roles of CEO and Chairman, believing this structure enhances oversight.

• Shareholders and interested parties can communicate directly with the Board via the Secretary.