Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37980 DigitalBridge Group, Inc. (Exact Name of Registrant as Specified in Its Charter) Maryland 46-4591526 (State or Other Jurisdiction of Incorporation o ...

Financial Data and Key Metrics - Fee income increased by 36% year-over-year, driven by higher FEEUM on co-invest and the acquisition of InfraBridge [1] - Fee earning equity under management (FEEUM) increased by $8.9 billion or 47% year-over-year, reaching $28 billion [2] - Total consolidated revenues were $250 million, a 7% increase from the same period last year [4] - GAAP net loss attributable to common stockholders was $212 million, while adjusted EBITDA grew by 25% to $26 million [4] - Assets under management (AUM) grew by 49% year-over-year to $69.3 billion [2] - Run rate fee revenues were $252 million, calculated by multiplying committed FEEUM by the weighted average effective annual fee rate [5] Business Line Performance - Investment management platform showed strong growth with fee income up 36% and FRE up 40% [1] - Digital IM distributable earnings increased significantly to $32 million for the quarter compared to $9 million in the same period last year [18] - The company's share of digital operating revenues was $27 million, down 25% year-over-year, while adjusted EBITDA was $12 million, down 23% [18] - The acquisition of InfraBridge contributed $11 million in fee income, representing less than two months of fees from the platform [18] Market Performance - The company raised $700 million in new capital formation in Q1, driven by co-investments in platforms like GD Towers, Switch, Highline do Brasil, and Vantage [2] - In Europe, the company plans to spend $2.7 billion on data centers, fiber, and edge infrastructure [47] - In Asia, the company is spending nearly $700 million on greenfield data centers and fiber networks [47] - The leasing pipeline for DataBank and Vantage in the US is up significantly year-over-year, with Switch's leasing pipeline growing from 57 megawatts to over 500 megawatts [12] Strategic Direction and Industry Competition - The company is focused on scaling FEEUM, which is the key metric driving revenue, earnings, and shareholder value [2] - DigitalBridge is executing a disciplined capital allocation strategy, with over $7 billion in growth CapEx budgeted for 2023 to support customer growth [9] - The company is focused on high-quality digital infrastructure platforms, avoiding investments in aging or legacy assets [39] - The company is leveraging its global presence and strong customer relationships to drive growth in digital infrastructure [48] Management Commentary on Operating Environment and Future Outlook - The company sees a "tale of two cities" in digital infrastructure, with high-quality platforms continuing to attract capital while out-of-favor companies underperform [7] - Management remains confident in achieving the 2023 fundraising target of $8 billion, with $2.3 billion in new commitments secured in recent months [7] - The company is optimistic about the deconsolidation of DataBank and Vantage SDC, which will simplify the corporate structure and reduce leverage [3] - Management highlighted the strong secular tailwinds in digital infrastructure, driven by global demand for connectivity and compute [21] Other Important Information - The company completed the sale of BrightSpire for $202 million, eliminating $7 million of dividend income but providing additional liquidity for high-quality digital infrastructure investments [4] - The company repaid $200 million of convertible notes in April, reducing corporate leverage to below 2.5x [5] - The company expects to complete the deconsolidation of its operating segments, leaving only $300 million of corporate debt, which is not expected to be repaid or refinanced until 2025 [5] Q&A Session Summary Question: Demand trends in the data center space - The leasing pipeline for DataBank, Vantage, and Switch is up significantly year-over-year, driven by demand from cloud players, mobile operators, and AI deployments [12] - Management emphasized the importance of secure workloads and 100% renewable energy environments, which are now a must-have for customers [12] Question: Long-term ambitions for Vantage - Vantage has three businesses: Asia, North America, and Europe, all showing strong growth and leasing demand [28] - The company has created permanent capital vehicles for Vantage SDC and Vantage Europe, aiming to recycle capital and provide stable cash flows to LPs [28] Question: Monetization plans for Vantage SDC - The company is in the process of raising new capital for Vantage SDC, with strong investor appetite for stabilized US data centers producing high yields [31] - The company expects to deconsolidate Vantage SDC soon, with a target of reducing its position to around $200 million [32] Question: Fundraising progress for DigitalBridge Partners Series - The company has received its first commitments for the new flagship strategy, with strong momentum in attracting new capital [65] - Management remains confident in achieving the $8 billion fundraising target for 2023, with $2 billion expected from core and credit, $2 billion from co-invest, and $4 billion from flagship strategies [79] Question: Valuation trends in digital infrastructure - High-quality digital infrastructure assets continue to trade at a premium, while legacy assets are underperforming [67] - The company is focused on investing in good businesses with strong cash flows and avoiding overvalued or poorly financed assets [22] Question: Capital allocation priorities - The company plans to use its liquidity for accretive M&A, paying down preferreds, and repurchasing stock at the right price [92] - Management emphasized the importance of maintaining a strong balance sheet and focusing on free cash flow and EPS growth [92]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37980 DigitalBridge Group, Inc. (Exact Name of Registrant as Specified in Its Charter) Maryland 46-4591526 (State or Other Jurisdiction of Incorporation or Org ...

DigitalBridge Group, Inc. (NYSE:DBRG) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Severin White - MD & Head, Public IR Marc Ganzi - CEO & Director Jacky Wu - EVP, CFO & Treasurer Conference Call Participants Brent Penter - Raymond James & Associates Eric Luebchow - Wells Fargo Securities Jonathan Atkin - RBC Capital Markets Jade Rahmani - KBW Daniel Day - B. Riley Securities Matthew Niknam - Deutsche Bank Michael Elias - Cowen and Company Yong Choe - JPMorgan Chase & ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37980 | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------- ...

DigitalBridge Group, Inc. (NYSE:DBRG) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Severin White - MD & Head, Public IR Marc Ganzi - CEO & Director Jacky Wu - EVP, CFO & Treasurer Conference Call Participants Michael Elias - Cowen Dan Day - B. Riley Securities Jade Rahmani - KBW Brent Penter - Raymond James & Associates Richard Choe - JPMorgan Chase & Co. Eric Luebchow - Wells Fargo Securities Jon Atkin - RBC Capital Markets Ric Prentiss - Raymond James & Associates Op ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37980 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------- ...

DigitalBridge Group, Inc. DBRG) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Severin White - MD & Head, Public IR Marc Ganzi - CEO & Director Jacky Wu - EVP, CFO & Treasurer Conference Call Participants Michael Elias - Cowen and Company Richard Prentiss - Raymond James & Associates Daniel Day - B. Riley Securities Richard Choe - JPMorgan Chase & Co. Eric Luebchow - Wells Fargo Securities Jonathan Atkin - RBC Capital Markets Operator Greetings, and welcome to the DigitalBr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37980 | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------- ...

DigitalBridge Group, Inc. (NYSE:DBRG) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Severin White - MD & Head of Public IR Marc Ganzi - CEO & Director Jacky Wu - EVP, CFO & Treasurer Conference Call Participants Michael Elias - Cowen and Company Jade Rahmani - KBW Daniel Day - B. Riley Securities, Inc. Jonathan Atkin - RBC Capital Markets Richard Choe - JPMorgan Chase & Co. Richard Prentiss - Raymond James & Associates Operator Greetings, and welcome to the DigitalBridge Grou ...