1 INVESTOR INVESTOR PRESENTATION PRESENTATION OCTOBER 2021 MAY 2022 NYSE: LADR NYSE: LADR A Leading Commercial Real Estate Investment Trust A Leading Commercial Real Estate Investment Trust DISCLAIMERS 2 This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries and affiliates (collectively, "Ladder Capital," "Ladder," "LADR," or the "Company"). Any statement concern ...

Financial Performance - Net income for the three months ended March 31, 2022, was $19.2 million, a decrease of $7.9 million compared to $27.1 million for the previous quarter [288]. - Distributable earnings for the three months ended March 31, 2022, totaled $31.5 million, up from $27.7 million in the previous quarter, reflecting a $7.6 million increase in real estate sales [289]. - The net income for the three months ended March 31, 2022, was $19.2 million, a significant increase from $0.4 million for the same period in 2021 [316]. - Distributable earnings totaled $31.5 million for the three months ended March 31, 2022, compared to $3.2 million for the same period in 2021, reflecting a $28.3 million increase [317]. - Total other income increased by $16.1 million to $65.2 million, driven by a $10.5 million increase in realized gain on sale of real estate and a $4.4 million increase in fee and other income [290]. Assets and Investments - As of March 31, 2022, total assets amounted to $6.0 billion, with total equity at $1.5 billion [234]. - Ladder Capital's total investments reached $5.4 billion, representing 90.4% of total assets as of March 31, 2022 [238]. - The company held a portfolio of 143 balance sheet first mortgage loans with an aggregate book value of $3.8 billion, with a weighted average loan-to-value ratio of 68.2% [240]. - As of March 31, 2022, Ladder Capital owned 158 single tenant net leased properties valued at $520.3 million, with 100% of rent collected during the three months ended March 31, 2022 [246]. - The company has invested $12.9 billion in predominantly investment grade-rated securities secured by first mortgage loans on commercial real estate [232]. Debt and Borrowings - As of March 31, 2022, the company had $1.6 billion of unsecured corporate bonds outstanding, including $348.0 million in 5.25% senior notes due 2025, $651.8 million in 4.25% senior notes due 2027, and $650.0 million in 4.75% senior notes due 2029 [257]. - Total debt obligations as of March 31, 2022, were $4.34 billion, including senior unsecured notes of $1.63 billion and CLO debt of $1.06 billion [365]. - The company had $412.3 million of borrowings outstanding under committed loan repurchase facilities, with an additional $0.9 billion of committed financing available [368]. - The company had $1.1 billion of matched term, non-mark-to-market and non-recourse CLO debt included in its debt obligations as of March 31, 2022 [261]. - The company generally seeks to maintain a debt-to-equity ratio of approximately 3.0:1.0 or below, with expectations of fluctuations due to business operations [278]. Cash Flow - Net cash used in operating activities for the three months ended March 31, 2022, was $(30.0) million, driven by $(54.8) million of mortgage loan originations held for sale [353]. - Net cash provided by financing activities was $75.6 million, resulting from net borrowings of $115.4 million, partially offset by $(26.1) million in dividend payments [355]. - Net cash provided by investing activities was $688.7 million, driven by $394.4 million in mortgage loan receivables repayment and $329.1 million from the sale of real estate securities [358]. - Net cash used in financing activities amounted to $(477.4) million, primarily due to net borrowings of $(445.6) million and $26.2 million in dividend payments [359]. - The company held cash, cash equivalents, and restricted cash of $495.2 million as of March 31, 2022, with $431.8 million being unrestricted [349]. Loan and Securities Management - The company originated and funded $703.4 million in commercial mortgage loans during the three months ended March 31, 2022, offset by $349.9 million in principal repayments [286]. - The weighted average yield on mortgage loan receivables was 5.4% as of March 31, 2022, down from 5.7% as of December 31, 2021 [294]. - The company recorded a $16.9 million increase in interest income for the three months ended March 31, 2022, attributed to increased net originations and higher prevailing rate benchmarks [319]. - The company had outstanding borrowings secured by mortgage loan receivables equal to 40.7% of their carrying value as of March 31, 2022, up from 39.0% as of December 31, 2021 [294]. - The company acquired $29.8 million in new securities during the three months ended March 31, 2022, contributing to a net decrease in the securities portfolio of $40.3 million [286]. Risk Management and Provisions - The total provision for loan loss reserves increased by $0.9 million for the three months ended March 31, 2022, due to a $0.6 million increase in general reserves and a $0.3 million increase related to unfunded loan commitments [297]. - The estimated provision for loan losses increased to $33.1 million at March 31, 2022, compared to $32.2 million at December 31, 2021 [422]. - The provision for loan losses for the three months ended March 31, 2022, was $0.9 million, while the allowance for loan losses stood at $32.3 million [423]. - The company evaluates loans for impairment at least quarterly, with impairment occurring when it is probable that the company will not collect all amounts due [417]. - The company utilizes a current expected credit loss model (CECL) for estimating loan loss provisions, which includes both portfolio-based and asset-specific components [416]. Management and Governance - Ladder Capital's management team holds over 10% of the company's total equity, with an average of 26 years of industry experience [236]. - The Company intends to declare regular quarterly distributions to its shareholders approximating at least 90% of the REIT's annual net taxable income [397]. - Approximately $1.2 billion of Tuebor's member's capital was restricted from transfer via dividend to Tuebor's parent without prior approval of state insurance regulators [387]. - The company has no known material cash requirements beyond its contractual obligations and unfunded commitments [409]. - The company had two properties classified as held for sale at March 31, 2022, and did not record any impairments for the three months ended March 31, 2022 [427].

DRAFT (03/31/2022; 4:30 PM) INVESTOR S-0 PRESENTATION SUPPLEMENTAL DATA FOR THE QUARTER ENDED MARCH 31, 2022 OCTOBER 2021 NYSE: LADR NYSE: LADR A Leading Commercial Real Estate Investment Trust A Leading Commercial Real Estate Investment Trust DISCLAIMERS S-1 This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries and affiliates (collectively, "Ladder Capital," "L ...

Ladder Capital Corp. (NYSE:LADR) Q1 2022 Results Conference Call April 28, 2022 5:00 PM ET Company Participants Pamela McCormack - President Brian Harris - CEO Paul Miceli - CFO Robert Perelman - Head, Asset Management Conference Call Participants Jade Rahmani - KBW Ricardo Chinchilla - Deutsche Bank Eric Hagen - BTIG Matthew Howlett - B. Riley Chris Muller - JMP Securities Operator Good afternoon, and welcome to Ladder Capital Corp's Earnings Call for the First Quarter of 2022. As a reminder, today's call ...

DRAFT (12/31/2021; 4:30 PM) S-0 INVESTOR SUPPLEMENTAL DATA FOR THE PRESENTATION QUARTER AND YEAR ENDED DECEMBER 31, 2021 OCTOBER 2021 NYSE: LADR NYSE: LADR A Leading Commercial Real Estate Investment Trust A Leading Commercial Real Estate Investment Trust DISCLAIMERS S-1 This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries and affiliates (collectively, "Ladder ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) (State or other jurisdiction of i ...

Ladder Capital Corp. (NYSE:LADR) Q4 2021 Earnings Conference Call February 10, 2022 5:00 PM ET Company Participants Pamela McCormack – President Paul Miceli – Chief Financial Officer Brian Harris – Chief Executive Officer Conference Call Participants Tim Hayes – BTIG Jade Rahmani – KBW Steve Delaney – JMP Securities Operator Good afternoon, and welcome to Ladder Capital Corp's Earnings Call for the Fourth Quarter and Full Year 2021. As a reminder, today's call is being recorded. This afternoon, Ladder rele ...

DRAFT (09/30/2021; 4:30 PM) S-0 INVESTOR SUPPLEMENTAL DATA FOR PRESENTATION THE QUARTER ENDED SEPTEMBER 30, 2021 OCTOBER 2021 NYSE: LADR NYSE: LADR A Leading Commercial Real Estate Investment Trust A Leading Commercial Real Estate Investment Trust DISCLAIMERS S-1 This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries and affiliates (collectively, "Ladder Capital, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (Sta ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (State or ...