AGREEMENT AND PLAN OF MERGER among ELLINGTON FINANCIAL INC., EF MERGER SUB INC., ARLINGTON ASSET INVESTMENT CORP. and, solely for the limited purposes set forth herein, ELLINGTON FINANCIAL MANAGEMENT LLC Dated as of May 29, 2023Merger Agreement • May 30th, 2023 • Ellington Financial Inc. • Real estate • Virginia
Contract Type FiledMay 30th, 2023 Company Industry JurisdictionAGREEMENT AND PLAN OF MERGER, dated as of May 29, 2023 (this “Agreement”), by and among Ellington Financial Inc., a Delaware corporation (“Parent”), EF Merger Sub Inc., a Virginia corporation and a direct wholly owned Subsidiary of Parent (“Merger Sub”), Arlington Asset Investment Corp., a Virginia corporation (the “Company”), and, solely for purposes of Section 2.7, Section 3.1(b)(i)(B), Section 3.3(a), Section 3.3(i), Article V, Section 6.8, Section 6.11, Section 7.2, Section 7.3, Section 8.2(b) and Article IX, Ellington Financial Management LLC, a Delaware limited liability company (“Parent Manager”).