STIPULATION AND AGREEMENT OF SETTLEMENTSettlement Agreement • October 24th, 2014
Contract Type FiledOctober 24th, 2014This Stipulation and Agreement of Settlement (the “Stipulation”) is made and entered effective October 24, 2014, by and among: (i) Lead Plaintiffs, the Massachusetts Pension Reserves Investment Management Board (“PRIM”) and State Boston Retirement Board (“SBRB”), as co-lead plaintiffs for the Common Stock Class (defined below), and Tennessee Consolidated Retirement System (“TCRS”), as lead plaintiff for the Preferred Stock Class (defined below) (collectively, the “Lead Plaintiffs”), for themselves and on behalf of all persons who are members of the Common Stock Class and/or Preferred Stock Class, respectively, (collectively, the “Plaintiffs”); (ii) Defendant Federal National Mortgage Association (“Fannie Mae” or the “Settling Defendant”); and (iii) the Federal Housing Finance Agency (“FHFA”) as Conservator for Fannie Mae (collectively, Lead Plaintiffs, Fannie Mae, and FHFA are referred to herein as the “Settling Parties”).