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\n\nA simple logo consisting of the word \"Blackstone\" written in a white, serif typeface, centered horizontally on a solid black rectangular background.
\n\n**Forward-Looking Statements and Other Matters**\nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and\nSection 21E of the Securities Exchange Act of 1934, as amended, which reflect BXMT's current views with respect to, among other things,\nits operations and financial performance, its business plans and the impact of the current macroeconomic environment, including\ninterest rate changes. You can identify these forward-looking statements by the use of words such as \"outlook,\" \"objective,\" \"indicator,\"\n\"believes,\" \"expects,\" \"potential,\" \"continues,\" \"may,\" \"will,\" \"should,\" \"seeks,\" \"predicts,\" \"intends,\" \"plans,\" \"estimates,\"\n\"anticipates\" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various\nrisks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ\nmaterially from those indicated in these statements. BXMT believes these factors include but are not limited to those described under\nthe section entitled \"Risk Factors\" in its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be\nupdated from time to time in its periodic filings with the Securities and Exchange Commission (\"SEC\") which are accessible on the SEC's\nwebsite at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other\ncautionary statements that are included in this release and in the filings. BXMT assumes no obligation to update or supplement forward-\nlooking statements that become untrue because of subsequent events or circumstances.\n\n\nWe refer to \u201cDistributable EPS\u201d and \u201cDistributable EPS prior to realized gains and losses,\u201d which are non-GAAP financial measures, in this\npress release. A reconciliation to net income attributable to Blackstone Mortgage Trust, the most directly comparable GAAP measure, is\nincluded in our full detailed presentation of first-quarter 2026 results and is available on our website at www.bxmt.com.\n\n\nInvestor Relations\nBlackstone\n+1 (888) 756-8443\nBlackstoneShareholderRelations@Blackstone.com\n\nPublic Affairs \nBlackstone \n+1 (212) 583-5263 \nPressInquiries@Blackstone.com \n\nBlackstone Mortgage Trust, Inc.\n345 Park Avenue\nNew York, New York 10154\nT 212 655 0220\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 2615 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "figure", "id": "figure-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 214 }, "box": 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