Financial Highlights - Starwood Property Trust reported GAAP net income of $140 million, or $0.44 per diluted share, for Q4 2022[3] - Distributable Earnings for Q4 2022 were $160.5 million, or $0.50 per diluted share[3] - For the full year 2022, GAAP net income was $871.5 million, or $2.74 per diluted share, and Distributable Earnings was $726.3 million, or $2.28 per diluted share[3] - The company deployed $10.7 billion in new investments across business lines in 2022, including $1.2 billion in Q4[14] - The company has total assets of $28.3 billion[20] Portfolio and Investment Activity - Commercial Lending: $5.3 billion in CRE Lending in 2022[3] - Infrastructure Lending: $0.7 billion of investments in 2022[15] - The company obtained 27 new servicing assignments ($24.5 billion UPB) in 2022, bringing the named portfolio to $108.9 billion[15] - Non-QM securitizations of $1.9 billion in 2022[32] - The company securitized $1.2 billion of conduit loans in nine transactions in 2022, including $93 million in Q4[50] Capitalization and Liquidity - The company raised $1.1 billion of capital in 2022[15] - The company has $8.4 billion of capacity across secured financing facilities and $3.9 billion of unencumbered assets[14] - The company has current liquidity of $1.1 billion[31] - Adjusted debt-to-equity ratio of 2.5x[32] Commercial Lending Portfolio - The weighted average ending LTV of the loan portfolio is 60%[65] - 69% of the commercial portfolio represents post-COVID originations[34] - The company recognized $11 million in DE and GAAP losses related to the wind-down of a residential mortgage originator[90]

Financial Data and Key Metrics Changes - The company reported distributable earnings (DE) of $161 million or $0.50 per share for Q4 2022, and $726 million or $2.28 for the full year [63] - Undepreciated book value increased to $21.70, up 26% from two years ago and up 5% year-over-year [63] - The loan portfolio reached a record $16.8 billion, up 18% year-over-year, with 99% positively correlated to rising interest rates [64] Business Line Data and Key Metrics Changes - Commercial and Residential Lending contributed DE of $172 million for the quarter, with $266 million in new commercial loans originated [3][4] - The Infrastructure Lending segment contributed DE of $18 million, with total volume for the year at $726 million [5] - The Investing and Servicing segment contributed DE of $31 million, with a total securitization volume of $1.2 billion for the year [21] Market Data and Key Metrics Changes - The company reduced its office exposure from 29% a year ago to 23%, with $362 million in office repayments received in 2022 [64][67] - The multifamily and industrial exposure increased to 39%, nearly three times the pre-COVID level [63] - The company noted a significant drop in commercial construction by 27% [26] Company Strategy and Development Direction - The company aims to resolve REO and non-accrual loans and reinvest that equity into new current pay assets, projecting an increase in earnings by over $0.20 per share annually [7] - The focus remains on maintaining low leverage and dividend sustainability while navigating through volatile markets [6] - The company plans to enhance its special servicing capabilities to generate additional fee-based revenue [52] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the current economic environment but remains optimistic about future investment opportunities as credit spreads stabilize [88] - The company anticipates that the Fed will eventually lower rates, which could create favorable conditions for investment [11] - Management highlighted the importance of maintaining liquidity and a strong balance sheet to navigate potential market challenges [32] Other Important Information - The company has significant liquidity with $1.1 billion in cash and $8 billion of availability under existing financing lines [84][66] - The company has a strong focus on energy infrastructure lending, which is expected to yield high returns [88] Q&A Session All Questions and Answers Question: What is the outlook on commercial real estate credit overall? - Management indicated that they are cautiously optimistic about the environment and believe their portfolio is well-positioned to handle potential challenges [50] Question: Is there an opportunity to broaden the scope of business for special servicing? - Management confirmed that they are actively seeking to expand their special servicing capabilities and will be developing a business plan to leverage their expertise [52] Question: How does the company view the current office market? - Management noted that the office market is challenging, but they have strategically reduced their exposure and are exploring residential conversions for certain assets [13][81]

Table of Contents 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 For the transition period from to Commission file number 001-34436 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Starwood Property Trust, Inc. FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has filed all reports required to be fil ...

Starwood Property Trust, Inc. (NYSE:STWD) Q3 2022 Earnings Conference Call November 9, 2022 10:00 AM ET Company Participants Zach Tanenbaum – Head-Investor Relations Rina Paniry – Chief Financial Officer Jeff DiModica – President Barry Sternlicht – Chairman and Chief Executive Officer Sean Murdock – Co-President-Starwood Infrastructure Finance Conference Call Participants Doug Harter – Credit Suisse Stephen Laws – Raymond James Rick Shane – JPMorgan Jade Rahmani – KBW Don Fandetti – Wells Fargo Operator Gre ...

Q3 2022 SUPPLEMENTAL REPORTING INFORMATION RWE PROPERTY TRUST Table of Contents | --- | --- | --- | |--------------------------------------------|---------------|-------| | Press Release \nHighlights | Page \nPage | 1 \n9 | | Commercial and Residential Lending Segment | Page | 11 | | Infrastructure Lending Segment | Page | 19 | | Property Segment | Page | 20 | | Investing and Servicing Segment | Page | 23 | | Capitalization | Page | 25 | | Appendix | Page | 32 | Cover photo: Scape Kingsford; Sydney, New Sou ...

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 001-34436 __________________________________________________ Starwood Property Trust, Inc. (Exact name of registrant as specified in its charter) Maryland ...

Starwood Property Trust, Inc. (NYSE:STWD) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Zachary Tanenbaum - MD & Head, Investor Strategy Rina Paniry - CFO Jeffrey DiModica - President & MD Barry Sternlicht - CEO Conference Call Participants Stephen Laws - Raymond James & Associates Richard Shane - JPMorgan Chase & Co. Douglas Harter - Crédit Suisse Eric Hagen - BTIG Operator Greetings, welcome to the Starwood Property Trust Second Quarter 2022 Earnings Call. [Operator Inst ...

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 001-34436 __________________________________________________ Starwood Property Trust, Inc. (Exact name of registrant as specified in its charter) Maryland 27-02 ...

INVESTOR PRESENTATION May 2022 Forward Looking Statements This presentation contains certain forward-looking statements, including without limitation, statements concerning the Company's operations, economic performance and financial condition. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are developed by combining currently available information with the Company's beliefs and assumptions ...

Starwood Property Trust, Inc. (NYSE:STWD) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Zachary Tanenbaum - Managing Director & Head of Investor Strategy Rina Paniry - Chief Financial Officer Jeff DiModica - President Barry Sternlicht - Chairman & Chief Executive Officer Conference Call Participants Stephen Laws - Raymond James Don Fandetti - Wells Fargo Jade Rahmani - KBW Operator Greetings. Welcome to the Starwood Property Trust First Quarter 2022 Earnings Call. At this tim ...