Western Asset Mortgage Capital Corporation appointed Harris Trifon as the new Chief Investment Officer ("CIO") and Sean Johnson as Deputy Chief Investment Officer of WMC, effective May 3, 2019. Mr. Trifon currently serves as Co-Head of Mortgage and Consumer Credit at Western Asset Management Company, LLC, the Company's manager ("Western Asset"), and has more than 19 years of investment experience. Prior to joining Western Asset in 2014, he served as Director of Fixed-Income Research with Deutsche Bank, where he was Global Head of CRE Debt and US ABS Research Teams. Mr. Johnson, a Portfolio Manager in Western Asset's Mortgage and Consumer Credit group, recently served as Interim Co-Chief Investment Officer for the Company and has more than 30 years of investment management experience, including the last 24 years with Western Asset. Mr. Johnson has been an integral part of the Company's investment team and strategy since its initial public offering in 2012 and has deep expertise in residential mortgages and related derivative products as well as a strong understanding of the specialized needs of the Company's portfolio. Mr. Trifon and Mr. Johnson will work with the broader investment team of Western Asset to manage and source investments for the Company.