Invesco Mortgage Capital Inc. September 2026 Dividend Announcement and August Financial Update

Invesco Mortgage Capital Inc. (NYSE: IVR ) (the "Company") today announced that the Company declared a cash dividend of $0.12 per share of common stock for the month of September 2026.

The dividend will be paid on October 15, 2026 to stockholders of record at the close of business on September 28, 2026, with an ex-dividend date of September 28, 2026.

Financial Highlights as of August 31, 2026

Total investment portfolio including TBAs of $8.3 billion

Unrestricted cash and unencumbered investments of $534.7 million

Total repurchase agreement borrowings of $6.9 billion

Estimated book value per common share of $7.74 (1)

Debt-to-equity ratio of 6.8x and economic debt-to-equity ratio of 7.5x (2)

(1) Estimated book value per common share as of August 31, 2026 is calculated as total stockholders' equity less the liquidation preference of the Company's Series C Preferred Stock ($168.2 million), divided by total common shares outstanding of 109.0 million.

(2) Debt-to-equity ratio is calculated in accordance with U.S. GAAP as the ratio of total repurchase agreement borrowings to total stockholders' equity. Economic debt-to-equity ratio is a non-GAAP financial measure and is calculated as the ratio of (i) the sum of total repurchase agreement borrowings and TBAs at implied cost basis ($682.0 million) to (ii) total stockholders' equity.

The Company is providing certain preliminary, unaudited month-end financial data as of August 31, 2026, including updates on the Company's book value, investment portfolio, leverage and liquidity.

The information in this press release has been prepared by, and is the responsibility of, the Company's management.

The Company's independent auditors have not audited, reviewed, examined, compiled nor applied agreed-upon procedures with respect to this information and, accordingly, they do not express an opinion or provide any form of assurance on the figures presented.

The preliminary metrics and estimates included in this press release are based on information that the Company believes to be reliable as of today's date and reflect management's judgment at this stage of the month-end closing process.

This month-end update should not be viewed as a substitute for financial statements prepared in accordance with U.S. GAAP and is not necessarily indicative of results to be achieved in any future period.

Additional items may be identified as part of the ongoing month-end and quarter-end closing processes, and such items could result in material revisions to the data presented in this press release.

Accordingly, readers should not place undue reliance on the preliminary figures contained in this press release.

The Company undertakes no obligation to update or revise the information contained herein, whether as a result of new information, subsequent events or otherwise.

Portfolio Composition

The following table summarizes certain characteristics of the Company's investment portfolio including TBAs as of August 31, 2026.

As of August 31, 2026 $ in thousands Fair Value Percentage Period-end Weighted Average Yield (1)

Agency RMBS: 30 year fixed-rate pass-through coupon: 4.5 % 1,246,087 15.0 % 4.87 % 5.0 % 2,091,528 25.1 % 5.20 % 5.5 % 2,047,538 24.6 % 5.48 % 6.0 % 1,302,382 15.6 % 5.91 % Total 30 year fixed-rate pass-through 6,687,535 80.3 % 5.36 % Agency CMO 63,141 0.7 % 8.86 % Agency CMBS 900,161 10.8 % 4.63 % Subtotal 7,650,837 91.8 % 5.30 % TBAs, at implied market value: (2) Agency TBA coupon: 5.5 % 223,400 2.7 % 6.0 % 455,640 5.5 % Total Agency TBA 679,040 8.2 % Total investment portfolio including TBAs 8,329,877 100.0 %

(1) Period-end weighted average yield is based on amortized cost as of August 31, 2026 and incorporates future prepayment assumptions when appropriate.

(2) The presentation of TBAs in the table above represents management's view of the invest...