Adamas Trust is a real estate investment trust (REIT) that acquires, invests in, finances and manages primarily mortgage-related assets and financial assets. We’ve built a diversified portfolio of investments that includes certain credit sensitive assets, and in recent years, investments sourced from distressed markets that create the potential for capital gains, as well as more traditional types of mortgage-related investments that generate interest income. We generate a combination of net interest margin and net realized capital gains, from an investment portfolio diversified among interest rate and credit risks, to deliver stable distributions to our stockholders over various economic cycles. FOUNDED 2003 HEADQUARTERS New York, NY INVESTMENT PORTFOLIO VALUE $8.6b* ANNUALIZED DIVIDEND YIELD 11.9%* NASDAQ ADAM *Data As of 06/30/2025 Our proven investment strategy of focusing on core portfolio strengths of single family and multifamily residential assets, which we believe will deliver better risk adjusted returns over time. Our targeted investments include (i) residential loans, including business purpose loans, (ii) structured multifamily property investments such as preferred equity in, and mezzanine loans to, owners of multifamily properties, (iii) Agency RMBS, (iv) non-Agency RMBS, (v) CMBS and (vi) certain other mortgage-, residential housing- and credit-related assets and strategic investments in companies from which we purchase, or may in the future purchase, our targeted assets.