Ready Capital Investor Presentation Deck

Debt - Leverage PPPLF Securitized Debt Obligations Non-Recourse Secured Borrowings Recourse Secured Borrowing Corporate Debt Debt Balance $306 $4,430 $1,545 $1,803 $1,119 Leverage Ratio 0.1x 2.4x 0.8x 1.0x 0.6x ● Total leverage of 4.9x Recourse leverage ratio of 1.6x Majority of secured borrowings subject to non-recourse or limited recourse terms Recourse Leverage by Reporting Segment(¹) ($ in millions) $1,500 $1,000 $500 $0 $1,449 0.5x SBC 1.8x $148 SBL Debt READY CAPITAL. 1.3x $206 Residential Recourse Leverage 1. Recourse leverage by reporting segment is based on the segment recourse debt balance over invested equity in the segment and excludes guaranteed loan financings $1,119 0.6x Corporate 10.0 8.0 6.0 4.0 2.0 0.0 -2.0 29

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