Federal Home Loan Mortgage Corporation Investor Presentation — April 2021

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Financial Results Supplement

April 29, 20212 © Freddie MacFinancial Highlights

$2.4$4.1$5.1 $5.0$5.3

$0.2$1.8$2.5$2.9$2.8

$0.6$1.9$2.4 $2.5$2.4

Net revenues Net income Comprehensive income1Q20 2Q20 3Q20 4Q20 1Q21

Net Revenues, Net Income, and Comprehensive Income

▪Net income of $2.8 billion and comprehensive income of $2.4 billion for the first quarter of 2021, an increase of

$2.6 billion and $1.8 billion year-over-year, respectively, driven by mortgage portfolio growth, higher deferred fee

income recognition, higher revenues from Multifamily loan purchase and securitization activities, and lower credit-

▪Net revenues increased 118% year-over-year to $5.3 billion , primarily from higher net interest income and higher

net investment gains3 © Freddie Mac

$334$334$349$349$345$345$345$345$339$339

$211$194$198$182$174$123$155$147$163$165

Mortgage-related investments portfolio

Other investments portfolio03/31/2006/30/2009/30/2012/31/2003/31/21

$2,362$2,362$2,415$2,415$2,545$2,545$2,714$2,714$2,852$2,852

$2,020$2,061$2,179$2,326$2,458$342$354$366$388$394

Single-Family mortgage portfolio

Multifamily mortgage portfolio03/31/2006/30/2009/30/2012/31/2003/31/21Total Portfolio Balances

Total debt outstanding5

$ BillionsPortfolio balance highlights Total mortgage portfolio1

Total investments portfolio

increase▪Total mortgage portfolio:

•Single-Family - grew $438 billion , or 22%, year-over-