WASHINGTON, April 30, 2020 /PRNewswire/ -- The Federal
Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and
AGM.A), the nation's secondary market provider that increases the
availability and affordability of credit for the benefit of rural
America, today announced changes to the date and time of its
2020 Annual Meeting of Stockholders (the "Annual Meeting") as well
as the opportunity to participate in the Annual Meeting remotely
due to the ongoing public health impact of the novel coronavirus
2019 ("COVID-19") pandemic and to support the health and well-being
of Farmer Mac's stockholders, employees, directors, and community.
Specifically, Farmer Mac's board of directors has approved changing
the date and time of the Annual Meeting to Tuesday, May 12, 2020 beginning at 9:30 a.m. Eastern Daylight Time at Farmer Mac's
office located at 1999 K Street,
N.W., Fourth Floor, Boardroom, Washington, D.C. 20006. Farmer Mac will
provide an audio conference call and webcast access for the Annual
Meeting.
Farmer Mac also announced today that it will release its
financial results for the fiscal quarter ending March 31, 2020 on Monday,
May 11, 2020 after the closing of equity markets. A
conference call to discuss Farmer Mac's first quarter 2020
financial results will be held beginning at 8:30 a.m. Eastern Daylight Time on Tuesday, May
12, 2020, prior to the Annual Meeting.
Annual Meeting Telephone and Webcast Information
In
light of the current COVID-19 public health and safety
recommendations, Farmer Mac encourages voting stockholders as of
March 6, 2020 (the "Record Date") to
take advantage of the opportunity to participate in the Annual
Meeting remotely on May 12, 2020
beginning at 9:30 a.m. Eastern Daylight
Time. The audio conference call for the Annual Meeting can
be accessed by telephone or webcast:
Dial-In (Domestic): (888) 346-2616
Dial-In (International): (412) 902-4254
Webcast: https://www.farmermac.com/investors/events-presentations/
When dialing in to the call, please ask for the "Farmer Mac
Annual Meeting of Stockholders." This call can be heard live and
will also be available for replay on Farmer Mac's website for two
weeks following the conclusion of the Annual Meeting.
Stockholders who vote their shares by proxy do not need to
attend the Annual Meeting. Farmer Mac asks that any stockholder who
plans to attend the Annual Meeting in person or who wishes to
inspect a list of voting stockholders for a purpose related to the
Annual Meeting please notify Farmer Mac at least 24 hours in
advance of the meeting by email to ir@farmermac.com. In accordance
with recent guidelines recommended by federal and local authorities
and the Centers for Disease Control and Prevention restricting
group gatherings, seating will be limited and attendees may also be
subject to health screening procedures upon entering the
building.
Whether or not any stockholder plans to attend the Annual
Meeting in person or participate via audio conference call, Farmer
Mac urges all voting stockholders as of the Record Date to promptly
submit their proxies by executing and returning the proxy cards
previously mailed to them. Please note that the proxy cards
included with the proxy materials previously distributed will not
be updated to reflect the change in the date and time of the Annual
Meeting, but can still be used to vote stockholders' shares at the
Annual Meeting. Farmer Mac did not receive any stockholder
proposals for consideration at the Annual Meeting, so the only
matters to be voted upon at the Annual Meeting will be the election
of ten directors, the ratification of Farmer Mac's auditors for
2020, and an advisory vote on the compensation of Farmer Mac's
named executive officers. Any questions or comments from
stockholders who participate in the Annual Meeting will be limited
to those related to the three matters being voted on. Farmer
Mac encourages any stockholders with questions or comments about
other matters to participate in Farmer Mac's earnings conference
call being held immediately before the Annual Meeting on
May 12, 2020, the details of which
are provided below.
More information about the Annual Meeting can be found in the
proxy statement and supplemental materials filed by Farmer Mac with
the Securities and Exchange Commission on April 6, 2020 and April
30, 2020. These materials are also available on Farmer Mac's
website at
https://www.farmermac.com/investors/events-presentations.
First Quarter 2020 Earnings Release and Conference
Call
Farmer Mac will release its financial results for the
fiscal quarter ending March 31, 2020
on Monday, May 11, 2020 after the
closing of equity markets. A conference call to discuss Farmer
Mac's first quarter 2020 financial results will be held beginning
at 8:30 a.m. Eastern Daylight Time on
Tuesday, May 12, 2020 and can be accessed by telephone or
webcast as follows:
Dial-In (Domestic): (888) 346-2616
Dial-In (International): (412) 902-4254
Webcast: https://www.farmermac.com/investors/events-presentations/
When dialing in to the call, please ask for the "Farmer Mac
Earnings Conference Call." This call can be heard live and will
also be available for replay on Farmer Mac's website for two weeks
following the conclusion of the conference call.
About Farmer Mac
Farmer Mac is a vital part of the
agricultural credit markets and was created to increase access to
and reduce the cost of credit for the benefit of American
agricultural and rural communities. As the nation's secondary
market for agricultural credit, we provide financial solutions to a
broad spectrum of the agricultural community, including
agricultural lenders, agribusinesses, and other institutions that
can benefit from access to flexible, low-cost financing and risk
management tools. Farmer Mac's customers benefit from our low cost
of funds, low overhead costs, and high operational efficiency. For
more than thirty years, Farmer Mac has been delivering the capital
and commitment rural America deserves. More information about
Farmer Mac is available on Farmer Mac's website
at www.farmermac.com.
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SOURCE Farmer Mac