PennyMac Financial Services, Inc. Announces Date for 2022 Annual Meeting of Stockholders

Rhea-AI Summary

PennyMac Financial Services, Inc. announced that its 2022 Annual Meeting of Stockholders will be held virtually on May 24, 2022, at 11:00 a.m. Pacific Time. Stockholders of record by March 29, 2022 can attend and vote. Participation details are provided through a webcast link where stockholders can also submit questions beforehand. PennyMac is recognized as a leader in the U.S. residential mortgage industry, with $234 billion in newly originated loans in 2021, making it the second-largest mortgage lender.

Positive

• PennyMac Financial is the second largest mortgage lender in the U.S. with $234 billion in newly originated loans in 2021.
• The company services loans totaling $510 billion, ranking in the top ten mortgage servicers in the nation.
• The virtual annual meeting allows stockholders to participate conveniently.

Negative

• None.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today announced that it will hold its 2022 Annual Meeting of Stockholders at 11:00 a.m. Pacific Time on Tuesday, May 24, 2022 virtually by means of a live webcast. Stockholders of record as of the close of business on March 29, 2022 are entitled to receive notice of, to attend, and to vote at the virtual annual meeting.

Stockholders who wish to participate can visit www.virtualshareholdermeeting.com/PFSI2022 and enter the 16-digit control number included on the proxy card, voting instruction form, notice of internet availability of proxy materials or previously received email. Stockholders also will have the ability to submit questions in advance of the virtual annual meeting as described in our definitive proxy statement filed with the SEC on April 13, 2022.

Whether or not stockholders plan to attend the virtual annual meeting, we strongly encourage you to select one of the methods described in the proxy materials to vote and submit your proxies in advance of the virtual annual meeting.

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Founded in 2008, the company is recognized as a leader in the U.S. residential mortgage industry and as of December 31, 2021, employed over 6,900 people across the country. For the year ended December 31, 2021, PennyMac Financial’s production of newly originated loans totaled $234 billion in unpaid principal balance, making it the second largest mortgage lender in the nation. As of December 31, 2021, PennyMac Financial serviced loans totaling $510 billion in unpaid principal balance, making it a top ten mortgage servicer in the nation. Additional information about PennyMac Financial Services, Inc. is available at ir.pennymacfinancial.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220413005961/en/

Media

Kristyn Clark

kristyn.clark@pennymac.com

(805) 395-9943

Investors

Kevin Chamberlain

Isaac Garden

PFSI_IR@pennymac.com

(818) 224-7028

Source: PennyMac Financial Services, Inc.

FAQ

When is the PennyMac Financial Services Annual Meeting of Stockholders?

The Annual Meeting of Stockholders is scheduled for May 24, 2022, at 11:00 a.m. Pacific Time.

How can I attend the PennyMac Annual Meeting?

Stockholders can attend the meeting virtually via a live webcast by visiting www.virtualshareholdermeeting.com/PFSI2022.

What is the record date for voting at the PennyMac Annual Meeting?

The record date for voting is March 29, 2022.

What were PennyMac Financial's loan origination figures for 2021?

PennyMac originated $234 billion in mortgage loans in 2021.

How much does PennyMac service in loans?

As of December 31, 2021, PennyMac services $510 billion in loans.