Ready Capital Investor Presentation Deck

Company History and Evolution 2011 Ready Capital, then Sutherland Asset Management was founded ■ July 2014 Acquired SBA ownership license, $570mm portfolio, and $1.2bn of SBA servicing rights from CIT Small Business Lending ■ October 2016 Became a public company via a merger into a subsidiary of ZAIS Financial Corp (ZFC) and acquired GMFS with the transaction H ▪ ZAIS was the legal surviving entity and changed its name to Sutherland Asset Management Corporation; ticker symbol was changed to (NYSE: SLD) September 2018 ▪ Sutherland Asset Management changed its name to Ready Capital Corporation Changed the ticker symbol to trade under (NYSE: RC) ■ March 2019 ■ Completed the $179mm acquisition of Owens Realty Mortgage ▪ The transaction increased the Company's equity capitalization, supported continued growth of the Company's platform and execution of the Company's strategy, and provided the Company with improved scale, liquidity and capital alternatives, including additional borrowing capacity Corporate Capital Markets Activity Feb. 2017 - Jan. 2018 $180mm senior secured notes 2017 Aug. 2017 $115mm convertible note 2018 Apr. 2018 $50mm baby bond Dec. 2019 $106mm equity follow on 2019 Jul. 2019 Dec. 2019 $104mm baby bond October 2019 Acquired Knight Capital, a technology-driven platform that provides working capital to small and medium businesses across the U.S., for $27.8mm June 2020 As 1 of 14 non-bank SBA lenders, facilitated the fundings of ~$2.7bn of loans through Paycheck Protection Program March 2021 Completed the $338mm acquisition of Anworth Mortgage Asset Corporation (ANH) ▪ Transaction created a scaled commercial mortgage REIT with a combined capital base in excess of $1bn July 2021 Completed the $70mm acquisition of Red Stone LLC, a real estate finance and investment company that provides innovative financial products and services to the multifamily affordable housing industry March 2022 Completed merger to acquire a series of privately held, real estate structured finance opportunities funds, with a focus on construction lending, managed by MREC Management LLC Following the merger Ready Capital increased its capital base to just below $1.9B 2021 June 2021 $115mm preferred stock READY CAPITAL. Feb. 2021 $201mm baby bond Dec. 2021 110mm senior notes Oct. 2021 $350mm senior secured notes 2022 Apr. 2022 $120mm senior notes Jan. 2022 $107.1mm equity follow-on Sep. 2022 $20mm senior notes Jul. 2022 $80mm senior notes 6

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