TWO Announces Adjournment of Special Meeting
Two Harbors Investment Corp. (NYSE: TWO), an MSR-focused REIT, today announced an adjournment of its Special Meeting of Stockholders to provide additional time to solicit additional proxies in favor of TWO’s acquisition by CrossCountry Intermediate Holdco, LLC, a Delaware limited liability company and an affiliate of CrossCountry Mortgage, LLC (“CCM”). Stockholders who have not yet voted or submitted proxies are encouraged to do so as soon as possible.
The TWO Board of Directors continues to believe that the pending CCM transaction is in the best interests of TWO stockholders and unanimously recommends stockholders support the CCM transaction and vote “FOR” each proposal at the Special Meeting.
The CCM transaction offers TWO stockholders $12.00 per share in cash, plus a pro-rated stub dividend, representing a 21% premium to TWO’s unaffected share price (December 16, 2025, the last trading day prior to the announcement of a transaction with UWMC) and a 119% premium to TWO’s fully diluted tangible book value as of March 31, 2026.
The transaction is fully financed with no financing contingency, 47 of the 53 required regulatory approvals have been secured, and the transaction is on track to close in August 2026. Stockholders who have previously voted in favor of the CCM transaction need take no further action.
Special Meeting Details
The Special Meeting, originally scheduled for May 19, 2026 and subsequently adjourned, has been further adjourned until July 2, 2026 at 10:00 a.m. Eastern Time. It will be held virtually at TWO’s Special Meeting website, www.virtualshareholdermeeting.com/TWO2026SM. The record date for the adjourned Special Meeting of Stockholders remains April 15, 2026.
TWO encourages all stockholders who have not yet voted to do so promptly. Proxies previously submitted in connection with the CCM transaction will be voted at the reconvened meeting unless properly revoked. Stockholders who have not already voted or wish to change their votes are encouraged to do so promptly using the instructions provided in their voting instruction form or proxy card.
Vote FOR the CCM Transaction
The TWO Board unanimously recommends that stockholders vote “FOR” the CCM transaction. Every stockholder’s vote matters. Stockholders who have not yet voted are urged to do so promptly using the WHITE proxy card. For additional information regarding the CCM transaction, stockholders are encouraged to review TWO’s SEC filings.
TWO urges its stockholders to read all relevant documents that are filed or will be filed with the U.S. Securities and Exchange Commission (“SEC”), including TWO’s definitive proxy statement dated April 20, 2026, as supplemented (the “Proxy Statement”). TWO stockholders who need assistance completing their proxy card or have questions regarding the Special Meeting of Stockholders may contact TWO’s proxy solicitor:
