CALCULATION OF FEES TABLE

FORM 424(b)(5)

ARMOUR RESIDENTIAL REIT, INC.
(Exact name of registrant as specified in its charter)

Table 1: Newly Registered Securities and Carry Forward Securities

Security Type

Security Class Title

Fee Calculation or Carry Forward Rule

Amount Registered

Proposed Maximum Offering Price Per Share

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee (1)

Carry Forward Form Type

Carry Forward File Number

Carry Forward Initial effective date

Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward

Newly Registered Securities

Fees to Be Paid

Equity

Common Stock, $0.001 par value

Rule 457(r) and Other (1)

21,275,000

(2)

16.36

(1)

348,059,000.00

0.00015310

53,287.83

N/A

N/A

N/A

N/A

Carry Forward Securities

Carry Forward Securities

Total Offering Amounts:

348,059,000.00

53,287.83

Total Fees Previously Paid:

—

Total Fee Offsets:

—

Net Fee Due:

53,287.83

(1)Calculated pursuant to Rule 457(c) and Rule 457(r) under the Securities Act, based upon the average of the high and low price per share of the common stock of the registrant as reported on the New York Stock Exchange on July 31, 2025.

(2)Represents shares of common stock that may be offered and sold by the registrant and includes 2,775,000 shares of common stock that may be purchased by the underwriters upon the exercise of their option to purchase additional shares from the registrant.