STARWOOD PROPERTY TRUST, INC.

The Nominating and Corporate Governance Committee coordinates an annual self-assessment of the Board’s performance as well as the performance of each committee of the Board. The Nominating and Corporate Governance Committee discusses the results and then presents the results to the full Board. The assessment includes a review of any areas in which the Board or management believes the Board can enhance its effectiveness. The Nominating and Corporate Governance Committee utilizes the results of this self-evaluation process in assessing and determining the characteristics and critical skills required of prospective candidates for election to the Board and making recommendations to the Board with respect to assignments of Board members to various committees.