KKR Real Estate Finance Trust Results Presentation Deck

Financing Overview: Term Credit Facilities ($ in Millions) Counterparty Drawn Capacity Collateral: Loans / Principal Balance Final Stated Maturity (¹) Weighted Average Pricing (2) Weighted Average Advance Mark-to-market (1) (2) (3) WELLS FARGO $666 $1,000 11 Loans / $895 September 2026 + 1.4% 74.4% Credit Only Morgan Stanley $433 $600 9 Loans / $613 December 2023 +1.9% 70.8% Credit Only Goldman Sachs $105 $240 6 Loans / $189 October 2023 + 2.2% 55.7% Credit Only Property Type(3): Total / Weighted Average Life Science 15% $1,204 Student 3% Housing 5% $1,840 26 Loans / $1,697 + 1.7% Industrial 71.0% Based on extended maturity date Weighted average pricing expressed as spread over the relevant floating benchmark rates, which include one-month LIBOR and Term SOFR, as applicable to each financing Based on principal balance of financing KREF Office 36% Single Family Rental 1% Multi- family 40% 13

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