X0306 4 2020-08-17 0 0001679688 Colony Capital, Inc. CLNY 0001472236 Hedstrom Mark M. C/O COLONY CAPITAL, INC., 515 S. FLOWER STREET, 44TH FLOOR LOS ANGELES CA 90071 0 1 0 0 Chief Operating Officer Class A Common Stock 2020-08-17 4 P 0 25000 2.7992 A 722727 D Represents a weighted average price per share. These shares were purchased in multiple transactions ranging from $2.74 to $2.875, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, 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 2020-08-18