Ellington Residential Mortgage REIT (the ‘Company’) announced the appointment of C. C. Melvin ‘Mel’ Ike to its Board of Trustees (the ‘Board’), effective immediately. Mr. Ike replaces Menes O. Chee, a member of the Board since May 2013, who is resigning in conjunction with Mr. Ike’s appointment. Mr. Ike is a Principal in the Tactical Opportunities Group at Blackstone, which is Blackstone’s global opportunistic investment platform. He focuses primarily on collaborative engagements and partnerships with public companies, private equity, and growth equity in a variety of industries. Before joining Blackstone in 2019, Mr. Ike was a Principal at Third Point LLC from 2015 to 2019, where he focused on special situations and activist investments across several industries. Mel currently serves on the Board of Directors of Aqua Finance, the Marshall Project, the Harvard Law School Association of New York, and Youth INC.