Second Quarter 2022 Earnings Presentation August 9, 2022 Safe Harbor Statement This presentation contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, projections and illustrations and, consequently, you should not rely on these forward-lo ...

[PART I - FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) Granite Point Mortgage Trust Inc.'s unaudited condensed consolidated financial statements and detailed notes for Q2 2022 and FY 2021 [Item 1. Financial Statements (unaudited)](index=3&type=section&id=Item%201.%20Financial%20Statements%20(unaudited)) Unaudited condensed consolidated financial statements and explanatory notes for Granite Point Mortgage Trust Inc. for Q2 2022 and FY 2021 [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Presents the company's financial position, including assets, liabilities, and equity, as of June 30, 2022, and December 31, 2021 Balance Sheet Summary | ASSETS (in thousands) | June 30, 2022 | December 31, 2021 | | :---------------------- | :------------ | :---------------- | | Loans held-for-investment, net | $3,830,014 | $3,741,308 | | Cash and cash equivalents | $150,192 | $191,931 | | Restricted cash | $69,492 | $12,362 | | Total Assets | $4,097,046 | $3,988,518 | | LIABILITIES (in thousands) | June 30, 2022 | December 31, 2021 | | :----------------------- | :------------ | :---------------- | | Repurchase facilities | $1,271,659 | $677,285 | | Securitized debt obligations | $1,425,556 | $1,677,619 | | Convertible senior notes | $273,822 | $272,942 | | Senior secured term loan facilities | $— | $139,880 | | Total Liabilities | $3,052,212 | $2,974,335 | | Total Equity | $1,043,834 | $1,013,183 | [Condensed Consolidated Statements of Comprehensive (Loss) Income](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20(Loss)%20Income) Details the company's revenues, expenses, and net income or loss for the three and six months ended June 30, 2022 and 2021 Comprehensive (Loss) Income Summary | (in thousands, except share data) | Three Months Ended June 30, 2022 | Three Months Ended June 30, 2021 | Six Months Ended June 30, 2022 | Six Months Ended June 30, 2021 | | :-------------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Total interest income | $49,279 | $49,453 | $96,600 | $103,592 | | Total interest expense | $27,344 | $26,674 | $51,153 | $53,039 | | Net interest income | $21,935 | $22,779 | $45,447 | $50,553 | | (Provision for) benefit from credit losses | $(13,627) | $193 | $(17,315) | $9,312 | | Loss on extinguishment of debt | $(13,032) | $— | $(18,823) | $— | | Net (loss) income attributable to common stockholders | $(17,356) | $14,244 | $(16,345) | $42,210 | | Basic (loss) earnings per weighted average common share | $(0.32) | $0.26 | $(0.30) | $0.77 | | Diluted (loss) earnings per weighted average common share | $(0.32) | $0.24 | $(0.30) | $0.71 | [Condensed Consolidated Statements of Stockholders' Equity](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Outlines changes in stockholders' equity, including net income, stock issuance, repurchases, and dividends, for the period Stockholders' Equity Summary | (in thousands, except share data) | Balance, December 31, 2021 | Net (loss) income | Issuance of preferred stock, net | Repurchase of common stock | Dividends declared | Non-cash equity award compensation | Balance, June 30, 2022 | | :-------------------------------- | :------------------------- | :---------------- | :------------------------------- | :------------------------- | :----------------- | :--------------------------------- | :--------------------- | | Total Stockholders' Equity | $1,013,058 | $(13,731) | $87,521 | $(15,714) | $(27,007) | $1,906 | $1,043,709 | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Summarizes cash inflows and outflows from operating, investing, and financing activities for the six months ended June 30, 2022 and 2021 Cash Flow Summary | (in thousands) | Six Months Ended June 30, 2022 | Six Months Ended June 30, 2021 | | :------------- | :----------------------------- | :----------------------------- | | Net cash provided by operating activities | $22,780 | $30,722 | | Net cash (used in) provided by investing activities | $(99,874) | $295,807 | | Net cash provided by (used in) financing activities | $92,485 | $(416,692) | | Net increase (decrease) in cash, cash equivalents and restricted cash | $15,391 | $(90,163) | | Cash, cash equivalents, and restricted cash at end of period | $219,684 | $239,030 | [Notes to the Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) Provides detailed explanations and disclosures supporting the condensed consolidated financial statements [Note 1. Organization and Operations](index=8&type=section&id=Note%201.%20Organization%20and%20Operations) Describes Granite Point Mortgage Trust Inc.'s business, focus, and status as a Real Estate Investment Trust (REIT) - Granite Point Mortgage Trust Inc. is an internally managed real estate finance company focused on originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt-like commercial real estate investments[19](index=19&type=chunk) - The company operates as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes, aiming to preserve stockholder capital and generate attractive risk-adjusted returns primarily through dividends from current income[19](index=19&type=chunk)[20](index=20&type=chunk) [Note 2. Basis of Presentation and Significant Accounting Policies](index=8&type=section&id=Note%202.%20Basis%20of%20Presentation%20and%20Significant%20Accounting%20Policies) Outlines the financial statement preparation basis and key accounting policies, including management estimates and uncertainties - The interim unaudited condensed consolidated financial statements are prepared in accordance with SEC rules and GAAP, with certain information condensed or omitted[21](index=21&type=chunk) - Management's estimates, particularly for credit losses and fair value, are subject to uncertainty due to the ongoing COVID-19 pandemic, Federal Reserve interest rate actions, and geopolitical instability[24](index=24&type=chunk)[26](index=26&type=chunk)[27](index=27&type=chunk) [Note 3. Loans Held-for-Investment, Net of Allowance for Credit Losses](index=10&type=section&id=Note%203.%20Loans%20Held-for-Investment%2C%20Net%20of%20Allowance%20for%20Credit%20Losses) Details the company's loan portfolio, including carrying values, credit loss allowance, and activity for the periods Loans Held-for-Investment Details | (dollars in thousands) | June 30, 2022 | December 31, 2021 | | :--------------------- | :------------ | :---------------- | | Unpaid principal balance | $3,889,479 | $3,796,825 | | Allowance for credit losses | $(47,280) | $(40,897) | | Carrying value | $3,830,014 | $3,741,308 | | Unfunded commitments | $358,705 | $403,584 | | Number of loans | 104 | 105 | | Weighted average coupon | 4.6% | 4.5% | Loans Held-for-Investment Details | (dollars in thousands) | June 30, 2022 Carrying Value | % of Loan Portfolio | December 31, 2021 Carrying Value | % of Loan Portfolio | | :--------------------- | :----------------------------- | :------------------ | :------------------------------- | :------------------ | | Office | $1,663,577 | 43.4% | $1,703,951 | 45.5% | | Multifamily | $1,090,106 | 28.5% | $1,061,434 | 28.4% | | Hotel | $460,432 | 12.0% | $464,816 | 12.4% | | Retail | $347,287 | 9.1% | $341,834 | 9.1% | | Industrial | $181,871 | 4.7% | $118,564 | 3.2% | | Other | $86,741 | 2.3% | $50,709 | 1.4% | | Total | $3,830,014 | 100.0% | $3,741,308 | 100.0% | Loans Held-for-Investment Details | (in thousands) | June 30, 2022 Carrying Value | % of Loan Portfolio | December 31, 2021 Carrying Value | % of Loan Portfolio | | :--------------- | :----------------------------- | :------------------ | :------------------------------- | :------------------ | | Northeast | $976,965 | 25.5% | $917,029 | 24.5% | | Southwest | $869,316 | 22.7% | $836,955 | 22.4% | | West | $660,173 | 17.2% | $658,429 | 17.6% | | Midwest | $649,233 | 17.0% | $637,784 | 17.0% | | Southeast | $674,327 | 17.6% | $691,111 | 18.5% | | Total | $3,830,014 | 100.0% | $3,741,308 | 100.0% | - The Company pledged loans held-for-investment with a carrying value of **$3.6 billion** at June 30, 2022, and **$3.7 billion** at December 31, 2021, as collateral for various financing facilities[37](index=37&type=chunk) Loans Held-for-Investment Details | (in thousands) | Three Months Ended June 30, 2022 | Three Months Ended June 30, 2021 | Six Months Ended June 30, 2022 | Six Months Ended June 30, 2021 | | :------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Originations, additional fundings, upsizing of loans and capitalized deferred interest | $212,245 | $197,838 | $385,110 | $239,615 | | Repayments | $(120,107) | $(422,969) | $(238,490) | $(524,557) | | Loan sales | $— | $— | $(43,714) | $— | | (Provision for) benefit from credit losses | $(13,126) | $1,762 | $(16,490) | $8,995 | | Balance at end of period | $3,830,014 | $3,577,644 | $3,830,014 | $3,577,644 | [Allowance for Credit Losses](index=11&type=section&id=Allowance%20for%20Credit%20Losses) Explains the methodology for estimating credit losses and changes in the allowance for loans held-for-investment - The Company uses a probability-weighted analytical model with quarterly updated macroeconomic forecasts to estimate allowance for credit losses, considering factors like DSCR, LTV, and property type[39](index=39&type=chunk)[41](index=41&type=chunk) - As of June 30, 2022, the allowance for credit losses on loans held-for-investment increased by **$13.1 million** to **$47.3 million**, primarily due to a more conservative macroeconomic forecast and a **$4.0 million** increase for an office loan downgraded to **risk rating '5'**[42](index=42&type=chunk) Allowance for Credit Losses Movement | (in thousands) | Three Months Ended June 30, 2022 | Three Months Ended June 30, 2021 | Six Months Ended June 30, 2022 | Six Months Ended June 30, 2021 | | :------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Balance at beginning of period | $34,154 | $59,433 | $40,897 | $66,666 | | Provision for (benefit from) credit losses | $13,638 | $(1,762) | $17,002 | $(8,995) | | Write-off | $— | $— | $(10,107) | $— | | Recoveries of amounts previously written off | $(512) | $— | $(512) | $— | | Balance at end of period | $47,280 | $57,671 | $47,280 | $57,671 | - **Two senior loans** with a total unpaid principal balance of **$207.9 million** and carrying value of **$188.8 million** were on nonaccrual status as of June 30, 2022[46](index=46&type=chunk) [Loan Risk Ratings](index=13&type=section&id=Loan%20Risk%20Ratings) Describes the quarterly evaluation of loan credit quality and the distribution of loans across risk rating categories - The Company evaluates the credit quality of each loan quarterly, assigning a **risk rating from '1'** (lower risk) to **'5'** (loss likely) based on various factors including property type, cash flow, LTV, and sponsorship[49](index=49&type=chunk)[50](index=50&type=chunk) Loan Portfolio Risk Ratings | (dollars in thousands) | June 30, 2022 Number of Loans | June 30, 2022 Unpaid Principal Balance | June 30, 2022 Carrying Value | December 31, 2021 Number of Loans | December 31, 2021 Unpaid Principal Balance | December 31, 2021 Carrying Value | | :--------------------- | :------------------------------ | :------------------------------------- | :----------------------------- | :-------------------------------- | :------------------------------------- | :----------------------------- | | Risk Rating 1 | 8 | $292,285 | $291,458 | 9 | $245,939 | $245,042 | | Risk Rating 2 | 59 | $2,083,389 | $2,060,713 | 58 | $2,002,008 | $1,983,615 | | Risk Rating 3 | 27 | $869,253 | $861,050 | 25 | $747,631 | $739,343 | | Risk Rating 4 | 8 | $436,641 | $427,954 | 11 | $633,153 | $627,938 | | Risk Rating

Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Chris Petta - IR Jack Taylor - President & CEO Stephen Alpart - Chief Investment Officer and Co-Head of Originations Marcin Urbaszek - CFO Conference Call Participants Steve DeLaney - JMP Securities Douglas Harter - Credit Suisse Jade Rahmani - KBW Stephen Laws - Raymond James Operator Good morning. My name is Vaishnavi and I will be your conference facilitator. At this time, I would ...

May 11, 2022 First Quarter 2022 Earnings Presentation Safe Harbor Statement This presentation contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, projections and illustrations and, consequently, you should not rely on these forward-looki ...

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 For the transition period from to Commission File Number: 001-38124 GRANITE POINT MORTGAGE TRUST INC. (Exact name of registrant as specified in its charter) Maryland 61-1843143 (State or other jurisdi ...

Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q4 2021 Earnings Conference Call February 25, 2022 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Executive Officer Steve Alpart - Chief Investment Officer and Co-Head of Originations Marcin Urbaszek - Chief Financial Officer Conference Call Participants Doug Harter - Credit Suisse Steve DeLaney - JMP Securities Jade Rahmani - KBW Disclaimer*: This transcript is designed to be used alongside the freely availab ...

Financial Highlights - Q4 GAAP earnings per basic share were $0.13, including a $(0.17) per share charge on early extinguishment of debt[5] - FY 2021 GAAP earnings per basic share were $1.24, including a $0.37 per share reduction of CECL reserves[5] - Q4 Distributable Earnings per basic share were $0.24[5] - FY 2021 Distributable Earnings per basic share were $0.99[5] Portfolio Overview - The portfolio totaled $4.2 billion in total commitments, comprised of over 99% senior loans with a weighted average stabilized LTV of 63.5% and a weighted average yield at origination of LIBOR + 4.07%[5] - The portfolio is over 98% floating rate with a weighted average LIBOR floor of 1.17%[5] - CECL reserve was reduced by $20.0 million year-over-year to $42.4 million at December 31, 2021, or 1.01% of total loan commitments[5] Capitalization & Liquidity - The company expanded the permanent equity base to over $1 billion through a $90 million add-on preferred offering, bringing total preferred stock issued to approximately $205 million[4] - Borrowings under the senior secured term loan facilities were further reduced to $100 million through an incremental $50 million repayment[4] - The company ended Q4 with over $190 million in cash on hand and total net-debt-to-equity leverage of 2.7x[5]

PART I [Item 1. Business](index=6&type=section&id=Item%201.%20Business) Granite Point Mortgage Trust Inc. is an internally-managed REIT focused on originating and managing senior floating-rate commercial mortgage loans, with a $3.8 billion portfolio as of December 31, 2021 - The company is an internally-managed real estate finance company specializing in originating, investing in, and managing **senior floating-rate commercial mortgage loans** and other debt-like commercial real estate investments[19](index=19&type=chunk) Portfolio Summary as of December 31, 2021 | Metric | Value | | :--- | :--- | | Number of Investments | 105 | | Total Principal Balance | $3.8 billion | | Future Funding Obligations | $0.4 billion | | Portfolio Composition (by carrying value) | 98.8% floating rate | | Weighted Avg. Stabilized LTV | 63.5% | | Weighted Avg. All-in Yield | L+4.07% | - The company finances operations through equity, debt, repurchase facilities, term financing, and CRE CLOs, with a **$2.1 billion** maximum borrowing capacity as of December 31, 2021[32](index=32&type=chunk)[33](index=33&type=chunk) - Operating as a REIT, the company must distribute substantially all net taxable income to stockholders to avoid federal income taxes and maintain Investment Company Act exclusion[21](index=21&type=chunk)[54](index=54&type=chunk) [Item 1A. Risk Factors](index=13&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks from the COVID-19 pandemic, lending activities, financing, interest rate fluctuations, and the need to maintain REIT status - The COVID-19 pandemic poses significant risks to financial condition and loan portfolio value, leading to a **$42.4 million CECL reserve** as of December 31, 2021[62](index=62&type=chunk)[66](index=66&type=chunk) - Exposure to debt-oriented real estate investments carries risks of borrower defaults, property value deterioration, and intense competition from other lenders[66](index=66&type=chunk)[68](index=68&type=chunk) - Financing and hedging activities involve risks such as substantial debt, restrictive covenants, margin calls, and increased financing costs due to interest rate fluctuations[126](index=126&type=chunk)[128](index=128&type=chunk)[129](index=129&type=chunk) - Structural risks include maintaining REIT qualification and Investment Company Act exemption, with failure to qualify as a REIT leading to significant corporate tax liability[151](index=151&type=chunk)[188](index=188&type=chunk) - The discontinuation of LIBOR and transition to SOFR poses risks, as **98.8% of loans** and **100% of financing arrangements** were LIBOR-indexed at year-end 2021, potentially increasing interest costs and creating mismatches[121](index=121&type=chunk)[122](index=122&type=chunk) [Item 1B. Unresolved Staff Comments](index=40&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company has no unresolved staff comments from the Securities and Exchange Commission - No unresolved staff comments were reported[218](index=218&type=chunk) [Item 2. Properties](index=40&type=section&id=Item%202.%20Properties) The company does not own real property, operating from sub-leased headquarters in New York and leased facilities in Minnesota - The company's principal executive office is in New York, with additional leased office space in St. Louis Park, Minnesota[219](index=219&type=chunk) - The company does not own any real property[219](index=219&type=chunk) [Item 3. Legal Proceedings](index=40&type=section&id=Item%203.%20Legal%20Proceedings) The company is not involved in any material litigation or legal proceedings that would adversely affect its financial condition - The company is not currently party to any material litigation or legal proceedings[220](index=220&type=chunk) [Item 4. Mine Safety Disclosures](index=40&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company's operations - This item is not applicable[221](index=221&type=chunk) PART II [Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=41&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company's common stock trades on the NYSE, with a policy to distribute taxable income as dividends and a share repurchase program active in 2021 - The company's common stock is traded on the NYSE under the symbol **"GPMT"**[224](index=224&type=chunk) - The dividend policy aims to distribute substantially all annual taxable income to comply with REIT provisions, subject to board discretion[226](index=226&type=chunk) - In 2021, the company repurchased **1,301,612 shares** of common stock at a weighted average price of **$13.65 per share**, totaling **$17.8 million**[233](index=233&type=chunk) - The share repurchase program was increased to **4,000,000 shares** in December 2021, with **2,698,388 shares** remaining authorized as of year-end[232](index=232&type=chunk)[233](index=233&type=chunk) [Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=44&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) In 2021, the company achieved GAAP net income of $67.6 million, driven by CECL reserve release, active loan portfolio management, and a shift towards non-mark-to-market financing 2021 Key Financial Results | Metric | 2021 | 2020 | | :--- | :--- | :--- | | GAAP Net Income (loss) | $67.6 million | $(40.5) million | | GAAP EPS (basic) | $1.24 | $(0.73) | | Distributable Earnings | $54.3 million | $64.7 million | | Distributable EPS (basic) | $0.99 | $1.17 | | Book Value per Share | $16.70 | $16.92 | | Dividends Declared per Share | $1.00 | $0.65 | Loan Portfolio Activity (Year Ended Dec 31) | Activity (in thousands) | 2021 | 2020 | | :--- | :--- | :--- | | Loan originations | $673,638 | $125,169 | | Other loan fundings | $150,644 | $238,989 | | Loan repayments | $(960,330) | $(517,295) | | Loan write-offs | $(9,740) | $— | | **Total loan activity, net** | **$(135,609)** | **$(355,585)** | - The company significantly shifted to non-mark-to-market financing, comprising **73.2% of portfolio financing** by year-end 2021, primarily through **$1.4 billion** in CRE CLO issuances[245](index=245&type=chunk)[281](index=281&type=chunk) - The CECL reserve decreased by **$20.0 million** in 2021 to **$42.4 million**, due to high-risk loan repayments, improved forecasts, and a resolved loan write-off[275](index=275&type=chunk) - The company prepaid **$75.0 million** of senior secured term loans in December 2021, incurring an **$8.9 million** loss on early extinguishment of debt[335](index=335&type=chunk) [Item 7A. Quantitative and Qualitative Disclosures About Market Risk](index=72&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company manages credit, interest rate, and liquidity risks, amplified by COVID-19, through portfolio diversification, matching floating-rate assets and liabilities, and diversifying funding sources - Primary market risks include credit, interest rate, liquidity, and real estate market risks, all exacerbated by the COVID-19 pandemic[387](index=387&type=chunk)[388](index=388&type=chunk) - As of December 31, 2021, **98.8% of the loan portfolio** earned a floating rate, mitigating interest rate risk by matching with floating-rate liabilities[393](index=393&type=chunk) Interest Rate Sensitivity Analysis (as of Dec 31, 2021) | Change in Interest Rates | Change in Annualized Net Interest Income (in thousands) | | :--- | :--- | | +100 bps | $(15,313) | | +50 bps | $(8,316) | | -50 bps | $2,286 | | -100 bps | $2,286 | - Liquidity risk arises from financing longer-maturity assets with shorter-term borrowings, with potential for margin calls from collateral value decreases or financing disruptions[405](index=405&type=chunk) [Item 8. Financial Statements and Supplementary Data](index=76&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents the audited consolidated financial statements for 2021, including balance sheets, income statements, and cash flows, with an unqualified auditor's opinion from Ernst & Young LLP Consolidated Balance Sheet Highlights (in thousands) | Account | Dec 31, 2021 | Dec 31, 2020 | | :--- | :--- | :--- | | Loans held-for-investment, net | $3,741,308 | $3,847,803 | | Total Assets | $3,988,518 | $4,219,648 | | Total Liabilities | $2,974,335 | $3,284,802 | | Total Stockholders' Equity | $1,013,058 | $933,846 | Consolidated Income Statement Highlights (in thousands) | Account | 2021 | 2020 | | :--- | :--- | :--- | | Total Interest Income | $198,288 | $237,713 | | Total Interest Expense | $105,580 | $112,935 | | Net Interest Income | $92,708 | $124,778 | | Benefit from (provision for) credit losses | $20,027 | $(53,710) | | Net Income (Loss) Attributable to Common Stockholders | $67,560 | $(40,539) | - Ernst & Young LLP issued an unqualified opinion on financial statements and internal control effectiveness, identifying the allowance for credit losses as a critical audit matter[413](index=413&type=chunk)[414](index=414&type=chunk)[420](index=420&type=chunk) - As of December 31, 2021, two loans were on nonaccrual status, with an unpaid principal balance of **$168.1 million** and a carrying value of **$145.4 million**[513](index=513&type=chunk) [Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosures](index=118&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20With%20Accountants%20on%20Accounting%20and%20Financial%20Disclosures) The company reports no changes in or disagreements with its accountants regarding accounting principles or disclosures - No changes in or disagreements with accountants were reported[633](index=633&type=chunk) [Item 9A. Controls and Procedures](index=118&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management and the independent auditor concluded that disclosure controls and internal control over financial reporting were effective as of December 31, 2021 - Management concluded that disclosure controls and procedures were effective as of December 31, 2021[634](index=634&type=chunk) - Management assessed internal control over financial reporting as effective based on the COSO 2013 framework as of December 31, 2021[636](index=636&type=chunk)[637](index=637&type=chunk) - No material changes to internal control over financial reporting occurred during the quarter ended December 31, 2021[635](index=635&type=chunk) [Item 9B. Other Information](index=120&type=section&id=Item%209B.%20Other%20Information) The company reports no other information for this item - No other information was reported for this item[649](index=649&type=chunk) [Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](index=120&type=section&id=Item%209C.%20Disclosure%20Regarding%20Foreign%20Jurisdictions%20that%20Prevent%20Inspections) This item is not applicable to the company - This item is not applicable[650](index=650&type=chunk) PART III [Item 10. Directors, Executive Officers and Corporate Governance](index=121&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) Information on directors, executive officers, and corporate governance is incorporated by reference from the 2022 Proxy Statement - Information for this item is incorporated by reference from the 2022 Annual Meeting of Stockholders Proxy Statement[652](index=652&type=chunk) [Item 11. Executive Compensation](index=121&type=section&id=Item%2011.%20Executive%20Compensation) Executive compensation details, including Compensation Discussion and Analysis, are incorporated by reference from the 2022 Proxy Statement - Information for this item is incorporated by reference from the 2022 Annual Meeting of Stockholders Proxy Statement[653](index=653&type=chunk) [Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=121&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Security ownership information for beneficial owners and management is incorporated by reference from the 2022 Proxy Statement - Information for this item is incorporated by reference from the 2022 Annual Meeting of Stockholders Proxy Statement[654](index=654&type=chunk) [Item 13. Certain Relationships and Related Transactions, and Director Independence](index=121&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Details on related party transactions and director independence are incorporated by reference from the 2022 Proxy Statement - Information for this item is incorporated by reference from the 2022 Annual Meeting of Stockholders Proxy Statement[655](index=655&type=chunk) [Item 14. Principal Accounting Fees and Services](index=121&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) Principal accounting fees and services information is incorporated by reference from the 2022 Proxy Statement - Information for this item is incorporated by reference from the 2022 Annual Meeting of Stockholders Proxy Statement[656](index=656&type=chunk) PART IV [Item 15. Exhibits, Financial Statement Schedules](index=122&type=section&id=Item%2015.%20Exhibits%2C%20Financial%20Statement%20Schedules) This section lists all exhibits and financial statement schedules filed with the Form 10-K, including consolidated financial statements and the auditor's report - This section includes consolidated financial statements, the auditor's report, and Schedule IV - Mortgage Loans on Real Estate[659](index=659&type=chunk) - A detailed Exhibit Index provides a comprehensive list of all filed documents, including corporate governance and material contracts[660](index=660&type=chunk)[662](index=662&type=chunk) [Item 16. Form 10-K Summary](index=128&type=section&id=Item%2016.%20Form%2010-K%20Summary) The company has not provided a summary for this Form 10-K - No summary has been provided for this Form 10-K[668](index=668&type=chunk)

GRANITE POINT MORTGAGE TRUST Investor Presentation | November 2021 Safe Harbor Statement This presentation contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates and projections and, consequently, you should not rely on these forward-looking ...

G R A N I T E P O I N T MORTGAGE TRUST Third Quarter 2021 Earnings Presentation November 9, 2021 Safe Harbor Statement This presentation contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates and projections and, consequently, you should not ...