Amendment to Master Repurchase and Securities Contract and Guarantee Agreements

BrightSpire Capital, Inc. (the Company) has executed multiple amendments to its master repurchase and securities contract and guarantee agreements with various financial institutions, including Wells Fargo Bank, Barclays Bank PLC, Citibank, N.A., and Morgan Stanley Bank, N.A. These amendments, dated as of December 16, 2025, and other dates, primarily involve adjustments to the facility sizes, maturity dates, and the required minimum consolidated tangible net worth of the Guarantor. Specifically, the amendments with Wells Fargo and Barclays reduce the minimum net worth requirement from $1.11 billion to $900 million and increase the facility sizes. The amendment with Citibank also reduces the minimum net worth requirement to $900 million. The amendments reflect ongoing adjustments to the Company's financing arrangements, including the extension of maturity dates and modifications to credit facility terms. These changes are part of the Company's strategy to manage its financial obligations and operations.