3Q25 EARNINGS REPORT PennyMac Mortgage Investment Trust October 2025 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, regarding management's beliefs, estimates, projections and assumptions with respect to, among other things, the Company's financial results, future operations, business plans and investment strategies, as well as industry and market conditions, all of which are subject to cha ...

Financial Performance - PennyMac Mortgage Investment Trust (PMT) reported a net loss attributable to common shareholders of $3 million, resulting in a diluted EPS of $(004)[5] - The company declared a dividend per common share of $040[5] - Return on average common equity was (1)%[5] - Book value per share was $1500[5] Investment Strategies & Results - Credit sensitive strategies generated a pretax loss of $5 million, but pretax income excluding market driven value changes was $24 million[5] - Interest rate sensitive strategies generated a pretax income of $14 million, but pretax income excluding market driven value changes was $31 billion[5] - Correspondent production generated a pretax income of $22 million[5] - New investments in MSR totaled $44 million, with a fair value of MSR investments at $37 billion[5] - Net new investments in senior bonds from PMT securitizations were $66 million[5] - Net new investments in credit sub-bonds from PMT securitizations were $87 million, with a fair value of organically-created CRT investments at $10 billion[5]