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Investor Presentaiton

Second Quarter 2021 Results Earnings / Dividends Returns ■ Net income of $30.9 million¹, or $0.38 per common share ■ Distributable earnings of $41.4 million¹, or $0.52 per common share ■ Declared dividend of $0.42 per common share ■ Return on Equity² of 10.0% ■ Distributable Return on Equity³ of 13.8% ☐ Dividend Yield 4 of 10.6% Loan Originations5/ Acquisitions ■ CRE originations and acquisitions of $1.1 billion ■ SBA loan originations of $145.7 million ■ Residential mortgage loan originations of $1.1 billion Balance Sheet ☐ Adjusted net book value of $14.87 per common share READY CAPITAL. ■ Recourse leverage ratio of 1.8x consisting of 1.1x of warehouse credit facilities and borrowings under repurchase agreements, 0.5x of corporate debt and 0.2x of agency secured borrowings 1. Before dividends on preferred securities and inclusive of non-controlling interest 2. Return on Equity is an annualized percentage equal to quarterly net income over the average monthly total stockholders' equity for the period 3. Distributable Return on Equity is an annualized percentage equal to Distributable earnings over the average monthly total stockholders' equity for the period. Refer to the "Distributable Earnings Reconciliation" slide for a reconciliation of GAAP Net Income to Distributable Earnings 4. Q2 Dividend yield for the period based on the 06/30/2021 closing share price of $15.87 5. Represents fully committed amounts 6. Excludes the equity component of our 2017 convertible note issuance 27 27
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