Investor Presentation March 2019

COMPANY SNAPSHOT ColonyCredit REAL ESTATE Quick Facts NYSE: CLNC 9.8% Annualized Dividend Yield (1) $0.145/Share Monthly Dividend $1.74/Share Annualized Dividend (2) Portfolio Overview(6) Loan Portfolio ~$2.8 Billion Portfolio Senior mortgage loans, mezzanine loans and preferred equity CRE Debt Securities ~$0.4 Billion Portfolio Investment grade and non-investment grade rated CMBS bonds (incl. "B-pieces") Net Lease Real Estate $5.5 Billion Total At-Share Assets(3) $21.81/Undepreciated Book Value per Share (3) 46% Debt-to-Asset Ratio (4) 0.9× Net Debt-to-Equity Ratio (5) ~$1.3 Billion Portfolio Portfolio of diversified commercial real estate properties leased on a net lease basis Operating Real Estate & Private Equity Interests ~$0.8 Billion Portfolio Operating real estate and real estate private equity secondary interests ColonyCredit REAL ESTATE Total Investment-level Assets (7) $5.2 billion Book Equity Value(7) $2.8 billion Note: As of December 31, 2018 unless otherwise stated See footnotes in the appendix 5

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