CMTG · Claros Mortgage Trust, Inc.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date.

Represents annual director grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2027 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2027 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2027 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2027 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.25 to $2.365 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.385 to $2.425 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.255 to $2.28 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Represents shares of common stock held by WillJen2 LLC ("WillJen2"). Mr. Walter is the managing member of WillJen2 and thus is deemed to beneficially own the shares held by WillJen2. Mr. Walter disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.

Due to a scrivener's error on the Reporting Person's Form 4 filed on May 29, 2024, 7,000 shares of common stock was inadvertently reported as acquired by WillJen LLC ("WillJen") rather than by WillJen2. The corrected number of shares beneficially owned by each of WillJen and WillJen2 are correctly reflected in this Form 4.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents annual director grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date.

Represents annual director grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date.

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2026 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2026 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2026 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2026 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.

Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.