On October 29, 2015, the board of directors of Western Asset Mortgage Capital Corporation appointed Elliott Neumayer as Chief Operating Officer of the company, effective immediately. Mr. Neumayer succeeds Travis M. Carr in the role of Chief Operating Officer of the company. Mr. Carr will continue to serve as a Product Specialist at Western Asset Management Company, the Company's external manager, but will no longer serve in any capacity with the company.

Mr. Neumayer, age 34, is a Product Specialist and head of mortgage-related business efforts at the Manager, having joined the Manager in 2004 from Marshall & Stevens, where he served as Senior Associate. Mr. Neumayer will hold his office from October 29, 2015 until his resignation or removal.