KKR Real Estate Finance Trust Investor Presentation Deck

Financing Overview: Term Credit Facilities ($ in Millions) Counterparty Drawn Capacity Collateral: Loans / Principal Balance Final Stated Maturity (¹) Weighted Average Pricing Weighted Average Advance Mark-to-market (1) Based on extended maturity date. (2) Based on principal balance of financing. 27 WELLS FARGO $495 $1,000 7 Loans / $753 September 2026 L + 1.4% 65.7% Credit Only Morgan Stanley $260 $600 5 Loans / $360 December 2022 L + 2.0% 72.2% Credit Only Goldman Sachs $92 $240 5 Loans / $157 October 2023 L + 2.4% 58.9% Credit Only Property Type(2): Total / Weighted Average Retail 2% Student Housing 7% $847 $1,840 17 Loans / $1,270 L + 1.7% 66.7% Life Condo Science Single Family 2% 1% Industrial 17% Multi- family 33% Rental 1% Office 37% KKR REAL ESTATE FINANCE TRUST

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