Investor Presentaiton

National Direct Origination Platform Direct Origination and National Market Coverage Benefits of Broad Direct Origination Footprint West¹ $1.2 billion Las Denver, CO Angeles, CA ~26 investment professionals in the Real Estate Debt Group Midwest¹ $1.1 billion Chicago, IL Atlanta, GA Southwest¹ $848 million Southeast' $1.7 billion Legend Ares Real Estate Debt Group Office and Coverage Location Additional Business Infrastructure/Support Office East¹ $1.2 billion New York, NY Washington, D.C 1 Widens the funnel to provide larger deal universe 2 Increases control over structures and better economics 3 Enables proactive portfolio construction 4 Drives strong credit performance Broad investment capabilities combined with direct origination focus strengthen investment sourcing, selectivity and structuring As of September 30, 2021, unless otherwise indicated. Diversification does not assure profit or protect against market loss. 1. Past performance is not indicative of future results. Map excludes $0.8 billion of investment portfolios backed by properties located in multiple regions across the U.S. 7 ARES COMMERCIAL REAL ESTATE CORPORATION

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