IVR-PC · Invesco Mortgage Capital Inc.

The leadership transition at Invesco Mortgage Capital represents a planned succession with both incoming executives having deep institutional knowledge and extensive experience in mortgage securitization markets. Kevin Collins, who has served as President since 2017 and was involved in the company's formation in 2009, brings continuity to the CEO role. David Lyle, moving from Chief Operating Officer to President, similarly has been with the company since 2009. Both executives also serve as Co-Heads of Structured Investments for Invesco Fixed Income, indicating alignment with the parent company's broader investment management operations. The transition period includes outgoing CEO John Anzalone remaining in an advisory role through October 2026 to support continuity. Management commentary in the press release emphasizes building on the foundation established under Anzalone's leadership, continuing the company's agency-focused strategy, and commitment to disciplined investment management and investor engagement. The company's recent shift to monthly dividend distributions is noted as part of enhanced investor alignment.