Investor Presentaiton

LOAN PORTFOLIO KEY METRICS LC LADDER CAPITAL Type of Loan Loan Balance' ($mm) % of Loan Portfolio % of Total Assets Business Plan Rate Weighted- Average Coupon Weighted- Average LTV Balance Sheet First Mortgage Loans $2,709 95.1% 50.0% Held for investment Generally floating-rate 5.4% 67.2% Conduit First $38 1.3% 0.7% Held for sale Mortgage Loans Generally fixed-rate 3.9% 68.6% Mezzanine and Other CRE-Related Loans $102 3.6% 1.9% Held for investment Fixed or floating-rate 10.9% 68.2% Total $2,849 100.0% 52.6% Note: As of 09/30/2021 1. Amounts are shown before $33.6 million allowance for loan losses 5.5% 67.2% 22

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