Ready Capital Investor Presentation Deck

I I Debt - Leverage PPPLF Securitized Debt Obligations Non-Recourse Secured Borrowings Recourse Secured Borrowings Corporate Debt Debt Balance $170 $5,301 $1,093 $1,392 $1,122 Leverage Ratio 0.1x 3.0x 0.6x 0.8x 0.6x ● Total leverage of 5.1x Recourse leverage ratio of 1.4x Majority of secured borrowings subject to non-recourse or limited recourse terms Recourse Leverage by Reporting Segment(¹) ($ in millions) $1,500 $1,000 $500 $0 $1,012 0.4x SBC 1.3x $163 SBL Debt READY CAPITAL. 1.9x $217 Residential Recourse Leverage 1. Recourse leverage by reporting segment is based on the segment recourse debt balance over invested equity in the segment and excludes guaranteed loan financings $1,122 0.6x Corporate 10.0 8.0 6.0 4.0 2.0 0.0 -2.0 29

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