OUR BUSINESS | DIGITALBRIDGE | PORTFOLIO | CITIZENSHIP | APPENDIX | DIGITALBRIDGE.COM 11 From Our CEO Transformed from diversified to digital, we have a new vision for the future. I am pleased to share with you “The events and challenges of the exciting transformation we are the past year have accelerated driving at DigitalBridge. The past our commitment to deliver 18 months have been a dynamic period of positive change for our connectivity solutions around company. Since becoming Chief the world and amplified the Executive Officer in July 2020, I positive social and environmental have worked tirelessly with my partners and with our Board of impacts we create.” Directors, taking decisive action MARC GANZI to accelerate our ability to create shareholder and stakeholder value. We have a new name, a new brand and a new REIT BrightSpire Capital, Inc. (f/k/a Colony Credit organization purpose-built to provide infrastructure Real Estate). Our investment approach now focuses that powers the growing global digital ecosystem exclusively on digital infrastructure: towers, small that can connect more people and organizations cells, fiber networks and data centers. We believe around the world. that this model offers our mobile network operator A Digital Transformation and hyperscale customers distinct advantages in the midst of a global communications revolution. Several years ago we set a goal to transition from a diversified traditional commercial real estate Promises Made, Promises Kept investment trust into a company solely focused on When I took over as CEO, I made several promises, investing in digital infrastructure. We have largely including a commitment to further integrate and pri- accomplished that. As of June 2021, our digital oritize environmental, social and governance (ESG) assets represented 80% of our total investments. considerations throughout our business activities. We have sold our Industrial and Hospitality units, I knew I had to begin by resolving a variety of acquired over a dozen digital portfolio companies, challenging governance issues. Now, less than a and internalized the operations of our mortgage The Evolution of 96% 4% 68% 32% 42% 58% 20% 80% DigitalBridge Our digital transformation, which began three years ago, 1 1 1 2 has entered its final phase. 2018 2019 2020 2021 Assets Under Management (AUM) Legacy Businesses AUM DigitalBridge AUM 1 As of December 31, 2018, 2019 and 2020 2 As of June 30, 2021 on a pro forma basis