Investor Presentaiton

HIGH-QUALITY CRE EQUITY PORTFOLIO - PREDOMINANTLY NET LEASE LC LADDER CAPITAL Source of stable, recurring net rental income with potential NAV upside; financed with long-term, non-recourse debt CRE Equity Portfolio Metrics CRE Equity Assets by Property Type Total Gross Asset Value Total Net Equity Invested Approx. Total Square Feet $1.2 billion $431 million 7.5 million Net Leased CRE Equity (67% of CRE Equity portfolio) Gross Asset Value Necessity-based businesses, incl. BJ's, Walgreens & Dollar General 100% rent collections¹ Total Single-Tenant Net Leased Properties Weighted-Average Remaining Lease Term % Leased % Ladder Ownership $773 million 163 10.5 years 100% 100% In-Place Annual Net Operating Income Diversified/Other CRE Equity (33% of CRE Equity portfolio) Gross Asset Value Total Diversified/Other CRE Properties % Ladder Ownership In-Place Annual Net Operating Income $49.7 million 98%+ rent collections¹ Dollar Store Office 13% 27% Drug Store 10% Wholesale Other 8% Club 8% Grocery Store Multifamily 15% Other Retail 6% 8% Warehouse 5% CRE Equity Assets by Geography Various 1% Northeast 11% Midwest 24% $381 million 10 84% $21.2 million Note: As of 09/30/2021, and all gross asset amounts represent undepreciated asset values 1. Year-to-date through 09/30/2021 West Southwest 16% 8% South 40% 10 10

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