Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 64

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 64
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 |     | $             |     | 500,000 |     | 175%                  |     | $                   |     |   875,000 |

#### Performance-Based Annual Bonuses Earned for 2024
Annual performance-based bonuses earned by executive officers for 2024 consisted of both a Company performance component and an individual performance component. A further discussion of each of these components is set forth below.

Company Performance Component of 2024 Annual Bonuses . As described above, for 2024, the Committee determined that 50% of the target amount of the Company performance component of annual bonuses would be realized based on 2024 Adjusted ROE and the other 50% of the target amount of the Company performance component of annual bonuses would be realized based on 2024 Adjusted EAD ROE.

◦ Redwood’s Adjusted ROE for 2024 was above the initial performance threshold of 2.875% Adjusted ROE, but below the financial performance target of 11.5% Adjusted ROE. Accordingly, the portion of the Company performance component of 2024 annual bonuses determined based on Adjusted ROE was realized at 39% of the target amount for that component.

◦ Redwood’s Adjusted EAD ROE for 2024 was above the initial performance threshold of 1.625%, but below the financial performance target of 6.5% for Adjusted EAD ROE. Accordingly, the portion of the Company performance component of 2024 annual bonuses determined based on Adjusted EAD ROE was realized at 95% of the target amount for that component.

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The table below sets forth the target bonus amount for each NEO for the Company performance component of annual bonus, together with the amount of this component each executive officer realized/earned based on the Company’s financial performance in 2024.

| NEO                                                                               |     | Company      
 Performance  
 Component of 
 2024 Target  
 Annual Bonus 
 ($)          |     |           |     | 2024 Company 
 Performance  
 Component of 
 Annual Bonus 
 Earned       
 ($)          |     |         |     | % of Company Performance Component Earned 
 (%)                                       |
|:----------------------------------------------------------------------------------|:----|:-------------|:----|----------:|:----|:-------------|:----|--------:|:----|:------------------------------------------|
| Mr. Abate,                                                Chief Executive Officer |     | $            |     |