Investor Presentation March 2019

ROBUST INVESTMENT PLATFORM Rigorous underwriting and screening process for each investment Comprehensive Investment Capabilities Screening and Evaluation Process (for Year-end 2018) (1) ColonyCredit REAL ESTATE 57 dedicated investment professionals Deep relationships with borrowers and intermediaries Real-time real estate market intelligence Expertise in identifying, evaluating and structuring investments Total Investments Evaluated # of Investments / Face Value ($bn) Investments: ~1,357/~$101bn Total Investments Underwritten Investments: ~861/~$66bn Total Investments Quoted Investments: ~131/~$10bn 10% % of Investments Evaluated 65% 100% Ability to source investments across the capital stack Total Closed (2) 38/ ~$2bn Note: As of December 31, 2018 unless otherwise stated See footnotes in the appendix 2% 13

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