Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 92

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 92
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 is set forth on the following page.]

83</div>

| PSUs                  
 Scheduled to Vest On: |     | PSUs   Shown |     | Christopher J. 
 Abate          |           |     | Dashiell I. Robinson |         |     | Brooke E. Carillo |         |     |         |     | Andrew P. 
 Stone     |         |     | Sasha G. Macomber |         |
| 1/1/2025              |     | Target       |     |                |   191,326 |     |                      | 143,494 |     |                   |  87,691 |     |         |     |           |  47,831 |     |                   |  47,831 |
| 1/1/2026              |     | Target       |     |                |   439,961 |     |                      | 178,734 |     |                   | 164,985 |     |         |     |           |  68,744 |     |                   |  68,744 |
| 1/1/2027              |     | Target       |     |                |   255,988 |     |                      | 198,660 |     |                   | 184,470 |     |         |     |           |  85,140 |     |                   |  85,140 |
| 1/1/2028              |     | Target       |     |                |   318,893 |     |                      | 239,920 |     |                   | 233,255 |     |         |     |           |  99,966 |     |                   |  99,966 |
|                       |     | TOTAL        |     |                | 1,206,168 |     |                      | 760,808 |     |                   | 670,401 |     | 670,401 |     |           | 301,681 |     |                   | 301,681 |

(4) Represents the applicable number of PSUs, including cash-settled performance stock units, multiplied by a value per share of $6.53 (the closing price of Redwood common stock on the NYSE on December 31, 2024). Please refer to the preceding “Grants of Plan-Based Awards” table for additional detail on the vesting of PSUs.

#### O

#### ptions Exercised and Stock Vested