Total Undepreciated Assets - $32.2B <::Pie chart showing a diversified asset base: U.S. office represents only 7.6% of our diversified asset base Commercial Loans 53% Owned Properties 21% Pie Chart Slices: Multifamily 19% Industrial 8% Hotel 6% Data Center 4% Mixed Use 1% Retail 1% Other 4% Residential Lending 8% Net Lease 9% Florida Affordable Housing Fund 5% Property - Other 4% Medical Office 3% Infrastructure Lending 9% REIS CMBS 4% Cash & A/R 2% Other 2% Intangibles 1% U.S. Office 8% Int'l Office 2% : pie chart::> NOTE: Total assets and property related amounts exclude $410M of accumulated depreciation and amortization STARWOOD PROPERTY TRUST 11