KREF KKR Real Estate Finance Trust Inc

KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2024 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.’s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2024:

  Tax Treatment of 2024 Common Stock Dividends Record Date Payment Date CashDistribution Adjustment TotalDistribution OrdinaryDividends QualifiedDividends Capital GainDividends Return ofCapital December 29, 2023 January 12, 2024

$0.43000

$0.00000

$0.43000

$0.00000

$0.00000

$0.00000

$0.43000

March 28, 2024 April 15, 2024

$0.25000

$0.00000

$0.25000

$0.00000

$0.00000

$0.00000

$0.25000

June 28, 2024 July 15, 2024

$0.25000

$0.00000

$0.25000

$0.00000

$0.00000

$0.00000

$0.25000

September 30, 2024 October 15, 2024

$0.25000

$0.00000

$0.25000

$0.00000

$0.00000

$0.00000

$0.25000

$1.18000

$0.00000

$1.18000

$0.00000

$0.00000

$0.00000

$1.18000

Tax Treatment of 2024 Series A Preferred Stock Dividends Record Date Payment Date CashDistribution Adjustment TotalDistribution OrdinaryDividends(1) QualifiedDividends Capital GainDividends Return ofCapital February 29, 2024 March 15, 2024

$0.40625

$0.00000

$0.40625

$0.37597

$0.00000

$0.00000

$0.03028

May 31, 2024 June 14, 2024

$0.40625

$0.00000

$0.40625

$0.37597

$0.00000

$0.00000

$0.03028

August 30, 2024 September 13, 2024

$0.40625

$0.00000

$0.40625

$0.37597

$0.00000

$0.00000

$0.03028

November 29, 2024 December 13, 2024

$0.40625

$0.00000

$0.40625

$0.37597

$0.00000

$0.00000

$0.03028

$1.62500

$0.00000

$1.62500

$1.50388

$0.00000

$0.00000

$0.12112

(1)

Ordinary dividends may be eligible for the 20% deduction applicable to “qualified REIT dividends” under IRC Section 199A(b)(1)(B). Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company's distributions.

About KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc. is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc. For additional information about KREF, please visit its website at www.kkrreit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250131879601/en/

Investor Relations: Jack Switala (212) 763-9048 kref-ir@kkr.com

Media: Miles Radcliffe-Trenner Tel: (212) 750-8300 media@kkr.com