Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 67

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 67
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 leadership and talent development.

The Committee evaluated achievement of this goal in the context of various factors, including that during 2024 management’s initiatives relating to human capital resulted in: maintaining a strong workforce culture with a consistent cadence of employee programming, training, and events that were the foundation for maintaining a below-industry level of voluntary turnover and furthering workforce engagement, despite a rationalization of the workforce in the first quarter of 2024; consistent and constructive interaction among employees at all levels of the organization, including through regular company-wide and business unit-specific “town hall” meetings, community and volunteer events, and recognition and celebration of employee achievements; and implementation of an updated talent review and promotion framework that further clarified criteria for advancement, streamlined our promotion process, and provided management with further visibility into our succession pipeline.

Based on the review described above, the individual performance components of annual bonuses for each NEO for 2024 were determined, as set forth in the table below.

| NEO                                                                               |     | Individual               
 Performance              
 Component of             
 2024 Target Annual Bonus 
 ($)                      |     |          |     | % of Individual Performance Component Earned 
 (%)                                          |     | 2024 Individual Performance Component of Annual Bonus Realized/Earned |     |      ($) |
|:----------------------------------------------------------------------------------|:----|:-------------------------|:----|---------:|:----|:---------------------------------------------|:----|:----------------------------------------------------------------------|:----|---------:|
| Mr. Abate,                                                Chief Executive Officer |     | $                        |     | $475,000 |     | 130%                                         |     | $                                                                     |     | $617,500 |
| Mr. Robinson,                              President                              |     | $                        |     | $426,563 |     | 130%                                         |     | $                                                                     |     | $554,531 |
| Ms. Carillo,                                         Chief Financial Officer      |     | $                        |     | $391,875 |     | 140%                                         |     | $                                                                     |     | $548,625 |
| Ms. Macomber,                                                                     
 Chief Human Resource Officer                                                      |     | $                        |     | $218,750 |     | 120%                                         |     |                                                                       |     | $262,500 |
| Mr. Stone,                                    Executive Vice President and        
 Chief Legal Officer                                                               |     | $                        |     | $218,750 |     | 120%                                         |     | $                                                                     |     | $262,500 |

Total