Bimini Capital Management, Inc. announced that Frank E. Jaumot has resigned as a director of the Company. Mr. Jaumot has been associated with the Company in various capacities dating back to its initial capital raise and has served as a director since 2009. Chairman and CEO Robert E. Cauley stated, ?We are tremendously thankful for the many contributions Frank has made to Bimini since our earliest days and wish him all the best in his retirement.? Mr. Jaumot stated, ?On a personal note, I would like to thank the Board and management for the opportunity to serve the Company and its shareholders over the past twenty-plus years. On November 6, 2025, Ashley B. Griffith was appointed as a Class I director of the Company with a term expiring at the annual meeting of stockholders in 2028. Mr. Griffith replaces Mr. Jaumot and assumes his Class I director position effective November 6, 2025. Mr. Griffith, 53, is currently a Director in Institutional Sales at Hovde Group, a boutique investment banking firm focused on the community and regional banking sector.  He has held this position since early 2024.  He has spent most of his 25+ year career in institutional sales at various investment banking firms, focused mostly on the financial sector.  Prior to joining Hovde Group, he served as Managing Director ? Institutional Sales at
Compass Point Research and Trading (2020-2024), and at Sandler O?Neill, Evercore and Fox-Pitt, Kelton.  Earlier
in his career, he worked in sell-side equity research focusing on the banking and media and entertainment
sectors. Ashley graduated from Hobart College with a bachelor?s degree in Math.  He is the son-in-law of
Robert Dwyer, a director of the Corporation.