AJX

Great Ajax Corp. is an externally managed real estate company that is focused on acquiring, investing in and managing a portfolio of re-performing loans (RPLs) and non-performing loans (NPLs) secured by single-family residences and commercial properties. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company may also acquire or originate small balance commercial loans (SBC loans). Additionally, the Company invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio or, less frequently, through a direct acquisition. The Company may acquire NPLs from time to time, either directly or with joint venture partners. The Company’s manager is Thetis Asset Management LLC (the Manager). The Company conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.