Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 84

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 84
---
center'>77</div>

#### 2025 Maximum Total Annual Bonuses
As discussed under the heading “2024 Performance-Based Annual Bonus Compensation” on pages 58-62 within this CD&A, in the fourth quarter of 2023 the Committee lowered the maximum annual bonus opportunity for the CEO and the other executive officers from 3.5x to 3.0x of their target annual bonuses – marking the second reduction to maximum annual bonus opportunities for executive officers since 2022.

#### Compensation Committee Report
The Compensation Committee has reviewed and discussed with management the Compensation Discussion and Analysis and Executive Summary of Compensation Discussion and Analysis included in this Proxy Statement. Based on this review and discussion, the Committee recommended to the Board of Directors that the Compensation Discussion and Analysis and Executive Summary of Compensation Discussion and Analysis be included in this Proxy Statement.

Compensation Committee :

Georganne C. Proctor, Chair

Doneene K. Damon

Greg H. Kubicek

Debora D. Horvath

<div align='center'>78</div>

#### Executive Compensation Tables

#### Summary Compensation
The following table includes information concerning compensation earned by the NEOs for the years ended December 31, 2024, 2023, and 2022, as applicable.

| Name and            Principal Position                                   |     |      |     | Year |         |     |   |         |     | Salary |         |     |   |     | Bonus |           |     |   |           |     | Stock     
 Awards(1) |           |     |   |           |     | Non-Equity           
 Incentive            
 Plan Compensation(2) |           |     |   |        |     | All Other       
 Compensation(3) |           |     |   |           |     | Total |           |
|:-------------------------------------------------------------------------|:----|-----:|:----|-----:|--------:|:----|:--|--------:|:----|:-------|--------:|:----|:--|:----|:------|----------:|:----|:--|----------:|:----|:----------|----------:|:----|:--|----------:|:----|:---------------------|----------:|:----|:--|-------:|:----|:----------------|----------:|:----|:--|----------:|:----|:------|----------:|
| Christopher J. Abate,                                                    
 Chief Executive Officer                                                  |