X0306 4 2020-04-20 0 0001717547 Colony Credit Real Estate, Inc. CLNC 0001472235 Tangen Darren J. 515 SOUTH FLOWER STREET 44TH FLOOR LOS ANGELES CA 90071 1 0 0 0 Class A Common Stock 2020-04-20 4 F 0 16764 4.08 D 138995 I By Family Trust The shares were withheld by the Issuer in satisfaction of withholding taxes incurred in connection with the vesting of certain shares of Class A common stock acquired through prior grants. /s/ David A. Palame, Attorney-in-Fact 2020-04-21