Company: DBRG
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001679688-25-000100
Chunk: 61

Company: DigitalBridge Group, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 61
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 outstanding effective April 2024 (Note 6) of 3,076,309 shares for the nine months ended September 30, 2024.(2)    The calculation of diluted earnings per share excludes the effects of the following as their inclusion would be antidilutive: (i) performance stock units (Note 12) of 509,161 for the three months ended September 30, 2024 and (ii) DBRG stock warrants that were in-the-money (Note 9) of 485,841 and 816,572 for the three and nine months ended September 30, 2024, respectively.(3)    OP units may be redeemed for registered or unregistered class A common stock of the Company on a one-for-one basis and are not dilutive. At September 30, 2025 and 2024, 5,795,134 and 12,123,371 of OP units, respectively, were not included in the computation of diluted earnings per share in the respective periods presented.

11. Fee RevenueThe following table presents the Company's fee revenue by type.Three Months Ended September 30,Nine Months Ended September 30,(In thousands)2025202420252024Management fees$93,206 $76,011 $267,439 $223,542 Incentive fees— 291 606 2,823 Other fees94 280 656 1,777 Total fee revenue $93,300 $76,582 $268,701 $228,142 Management Fees—Management fees are generally calculated based upon the following per annum contractual rates:

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•Commingled equity funds—up to 1.60% of investors' committed capital during the commitment period, and thereafter, invested capital (subject to certain reductions for NAV write-downs); •Credit and other equity funds—up to 2.00% of contributed or invested capital from inception;  •Co-investment vehicles—up to 1.25% of contributed or invested capital from inception; and•Liquid strategy funds and InfraBridge co-investment vehicles—up to 1.25% of NAV or gross asset value, respectively. Also, co-investment vehicles may charge a one-time fee upfront on committed or invested capital, generally to be paid in tranches, but with recognition of fee revenue over the expected investment holding period. Certain co-investment vehicles may be non fee-bearing.Incentive Fees—The