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)

750,000

$19.315 (1)

14,486,250

0.00014760

$

2,138.17

N/A

N/A

N/A

N/A

N/A

N/A

Carry Forward Securities

Carry Forward Securities

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Total Offering Amounts

14,486,250

$

2,138.17

Total Fees Previously Paid

$

—

Total Fee Offsets

$

—

Net Fee Due

2,138.17

(1)Calculated in accordance with 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 ARMOUR Residential REIT, Inc. (the “Registrant”) as reported on the New York Stock Exchange on June 17, 2024.

(2)Represents the 750,000 post-split common shares of the Registrant adjusted for the one-for-five reverse stock split of the Registrant’s common stock, effective on September 29, 2023, that were previously registered on the Registrant’s prospectus supplement dated March 12, 2021 to the prospectus dated February 19, 2021 (Registration No. 253311) and filed by the Registrant with the Securities and Exchange Commission and remain unsold.