Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 83

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 83
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, restricted stock, restricted stock units, cash-settled restricted stock units, performance stock units, and cash-settled performance stock units will be accounted for under ASC Topic 718. The Compensation Committee regularly considers the accounting implications of significant compensation decisions, especially in connection with decisions that relate to equity incentive award plans and programs. As accounting standards change, the Committee may revise certain programs to align appropriately the accounting expense of equity awards with Redwood’s overall executive compensation philosophy and objectives.

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| Section V - Conclusion |     |   |     |                                                      |
|                        |     | Ø |     | Certain Compensation Determinations Relating to 2025 |
|                        |     | Ø |     | 2025 Maximum Total Annual Bonuses                    |
|                        |     | Ø |     | Compensation Committee Report                        |

Certain Compensation Determinations Relating to 2025

In accordance with its normal practice, at its meeting in December 2024, the Committee made certain decisions relating to 2025 base salaries and 2025 targets for performance-based annual bonuses for Redwood’s NEOs, as further described below. The Committee retains the discretion to make adjustments to these decisions prior to the completion of its annual year-end review in December 2025.

2025 Base Salaries . In accordance with its above-described policy and practice relating to base salaries (see discussion above on page 57 within this CD&A under the heading “2024 Base Salaries”), in December 2024 the Committee reviewed the base salaries of Redwood’s NEOs. The following table sets forth each of these NEO’s 2025 base salary rate per annum, together with a comparison to their 2024 rate per annum.

|                                                  | NEOs | Base Salary |    2024 |     |   |    2025 |
|:-------------------------------------------------|:-----|:------------|--------:|:----|:--|--------:|
| Mr. Abate,                                       
 Chief Executive Officer                          |      | $           | 950,000 |     | $ | 975,000 |
| Mr. Robinson,                                    
 President                                        |      | $           | 875,000 |     | $ | 890,000 |
| Ms. Carillo,                                     
 Chief Financial Officer                          |      | $           | 825,000 |     | $ | 860,000 |
| Ms. Macomber,                                    
 Chief Human Resource Officer                     |      | $           | 500,