KKR Real Estate Finance Trust Results Presentation Deck

4Q'21 Loan Originations Investment Loan Type Loan Size Location Collateral Loan Purpose LTV(2) Investment Date Originations - Select Case Studies Asset Photos Washington, D.C. Office Floating-Rate Senior Loan $187.7 million Washington, D.C. Class-A Office totaling 357k SF Refinance 55% November 2021 West Palm Beach Multifamily Floating-Rate Senior Loan $171.5 million West Palm Beach, FL 812-unit Class-A Multifamily Refinance 73% December 2021 HERR (1) The total whole loan is $188.0 million, co-originated and co-funded by KREF and a KKR affiliate. KREF's interest was 75% of the loan or $140.3 million. (2) LTV based on initial loan amount divided by the as-is appraised value as of the date the loan was originated. Seattle Life Science Floating-Rate Senior Loan $140.3 million(1) Seattle, WA Class-A Life Science totaling 210k SF Acquisition 69% October 2021 花拉·法出版 KKR REAL ESTATE FINANCE TRUST

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