X0306 4 2019-08-14 0 0001679688 Colony Capital, Inc. CLNY 0001628418 Fosheim Jon A C/O COLONY CAPITAL, INC. 515 S. FLOWER ST., 44TH FLOOR LOS ANGELES CA 90071 1 0 0 0 7.125% Series J Preferred Stock 2019-08-14 4 P 0 4400 22.83 A 4400 D Represents the weighted average price per share. These shares were purchased in multiple transactions at prices ranging from $22.79 to $22.85, 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 range set forth in this footnote. /s/ Jenny B. Neslin, as Attorney-in-fact 2019-08-16