KKR Real Estate Finance Trust Results Presentation Deck

Consolidated Statements of Income (in thousands - except share and per share data) Net Interest Income Interest income Interest expense Total net interest income Other Income Income (loss) from equity method investments Revenue from real estate owned operations Income (loss) from equity method investments Other income Total other income (loss) Operating Expenses General and administrative Provision for (reversal of) credit losses, net Management fees to affiliate Incentive compensation to affiliate Expenses from real estate owned operations Total operating expenses Income (Loss) Before Income Taxes, Noncontrolling Interests, Preferred Dividends, Redemption Value Adjustment and Participating Securities' Share in Earnings Income tax expense Net Income (Loss) Noncontrolling interests in (income) loss of consolidated joint venture Net Income (Loss) Attributable to KREF Trust Inc. and Subsidiaries Preferred Stock dividends and redemption value adjustment Participating securities' share in earnings Net Income (Loss) Attributable to Common Stockholders Net Income (Loss) Per Share of Common Stock, Basic Net Income (Loss) Per Share of Common Stock, Diluted Weighted Average Number of Shares of Common Stock Outstanding, Basic Weighted Average Number of Shares of Common Stock Outstanding, Diluted Dividends Declared per Share of Common Stock KREF $ $ $ $ $ March 31, 2022 73,230 32,459 40,771 2,629 1,886 1,915 6,430 4,446 (1,218) 6,007 2,554 11,789 35,412 35,412 56 35,468 5,326 346 29,796 0.47 0.46 63,086,452 69,402,626 Three Months Ended December 31, 2021 $ $ $ $ 0.43 $ 72,715 30,266 42,449 5,126 1,863 390 7,379 3,383 (3,077) 5,289 3,463 9,058 40,770 427 40,343 40,343 4,966 179 35,198 $ $ 0.59 $ 0.59 $ 59,364,672 59,453,264 0.43 $ March 31, 2021 64,766 27,383 37,383 1,090 66 1,156 3,505 (1,588) 4,290 2,192 8,399 30,140 48 30,092 30,092 908 29,184 0.52 0.52 55,619,428 55,731,061 0.43 22

View entire presentation