Company: ADAMM
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001273685-25-000038
Chunk: 103

Company: ADAMAS TRUST, INC.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 103
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(2) |           |     | Option 
 Awards |   |     | Non-Equity Incentive Plan Compensation |   |     | All Other Compensation(3) |           |     | Benefits(4) |        |     | Total |           |
|:----------------------|:----|:-------|:--|:----|:------|:--|:----|:----------|----------:|:----|:-------|:--|:----|:---------------------------------------|:--|:----|:--------------------------|----------:|:----|:------------|-------:|:----|:------|----------:|
| Jason T. Serrano      |     | $      | — |     | $     | — |     | $         | 3,507,934 |     | $      | — |     | $                                      | — |     | $                         | 4,493,750 |     | $           | 51,734 |     | $     | 8,053,418 |
| Nicholas Mah          |     | $      | — |     | $     | — |     | $         | 2,586,560 |     | $      | — |     | $                                      | — |     | $                         | 3,361,125 |     | $           | 51,734 |     | $     | 5,999,419 |
| Kristine R. Nario-Eng |     | $      | — |     | $     | — |     | $         | 1,018,868 |     | $      | — |     | $                                      | — |     | $                         |   975,000 |     | $           | 51,734 |     | $     | 2,045,602 |

(1) See "— Certain Compensation Arrangements Definitions" above for the definitions of Cause and Good Reason applicable to each of Messrs. Serrano and Mah and Ms. Nario-Eng.

(2) Represents the value, based on the closing sale price for our common stock on December 31, 2024, the last trading day of the 2024 fiscal year, of:

• in the case of Mr. Serrano, represents the value, based on the closing sale price of our common stock on December 31, 2024, the last trading day of the 2024 fiscal year, of the sum of (i