HATTERAS FINANCIAL CORP. (a Maryland corporation) 14,500,000 Shares of Common Stock (Par Value $0.001 Per Share) PURCHASE AGREEMENTPurchase Agreement • March 23rd, 2011 • Hatteras Financial Corp • Real estate investment trusts • New York
Hatteras Financial Corp., a Maryland corporation (the “Company”) and Atlantic Capital Advisors LLC, a North Carolina limited liability company and the manager of the Company (the “Manager”), confirm their respective agreements with Merrill Lynch, Pierce Fenner & Smith Incorporated, Keefe, Bruyette & Woods, Inc. and Wells Fargo Securities, LLC (collectively, the “Underwriters,” which term shall also include any underwriter substituted as hereinafter provided in Section 10 hereof), for whom Merrill Lynch, Pierce Fenner & Smith Incorporated, Keefe, Bruyette & Woods, Inc. and Wells Fargo Securities, LLC are acting as representatives (in such capacity, the “Representatives”), with respect to (i) the sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of 14,500,000 shares of common stock, par value $0.001 per share, of the Company (“Common Stock”), and (ii) the grant by the Company to the Underwriters, acting severally and not jointly, of the option de
