Ready Capital Investor Presentation Deck

Debt - Leverage PPPLF Securitized Debt Obligations Non-Recourse Secured Borrowings Recourse Secured Borrowings Corporate Debt Debt Balance $201 $4,903 $1,290 $1,556 $1,121 Leverage Ratio 0.1x 2.8x 0.7x 0.9x 0.6x ● Total leverage of 5.1x Recourse leverage ratio of 1.5x Majority of secured borrowings subject to non-recourse or limited recourse terms Recourse Leverage by Reporting Segment(¹) ($ in millions) $1,500 $1,000 $500 $0 $1,213 0.4x SBC 1.5x $161 SBL READY CAPITAL. Debt 1.2x $182 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 $1,121 0.6x Corporate 10.0 8.0 6.0 4.0 2.0 0.0 -2.0 29

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