KKR Real Estate Finance Trust Investor Presentation Deck

Multifamily and Office Loan Overview Multifamily: 44% of Loan Portfolio $125 mm Average Loan Size 63% W.A. Occupancy at Closing 69% W.A. LTV 89% (¹) W.A. Occupancy Current 1% Construction Loans Property Locations 2018 Median Year Built Note: Data as of September 30, 2021. (1) Based on most recent data available from our borrowers as of September 30, 2021. 19 Office: 27% of Loan Portfolio $172 mm Average Loan Size 68% W.A. Occupancy at Closing 66% W.A. LTV 70%(¹) W.A. Occupancy Current 2% Co-Working Exposure 6.3 years W.A. Remaining Lease Term Property Locations KKR REAL ESTATE FINANCE TRUST

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