Farmer Mac Announces Retirement of Chief Executive Officer Bradford T. Nordholm and Appoints Zachary N. Carpenter President and Chief Operating Officer, Who Will Become CEO Upon Current CEO's Retirement

WASHINGTON, Sept. 25, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, announced today the planned retirement of its Chief Executive Officer Bradford T. Nordholm on March 31, 2027. Farmer Mac also announced that its Board of Directors has appointed Zachary N. Carpenter, currently Executive Vice President – Chief Business Officer, as President and Chief Operating Officer, effective immediately, and has named Mr. Carpenter as the successor to Mr. Nordholm upon his retirement. In this role, Mr. Carpenter will take on expanded responsibility while continuing to work with the executive team and Mr. Nordholm.

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