REFI · Chicago Atlantic Real Estate Finance, Inc.

3 customers — 23.2% of revenue (the six months ended June 30, 2026)

“As of and for the six months ended June 30, 2026 and 2025, the top three borrowers represented approximately 23.2% and 26.0% of the total interest income, respectively.”

3 customers — 26% of revenue (the six months ended June 30, 2025)

“As of and for the six months ended June 30, 2026 and 2025, the top three borrowers represented approximately 23.2% and 26.0% of the total interest income, respectively.”

3 customers — 31.5% of receivables (June 30, 2026)

“Our total loan portfolio as of June 30, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 31.5% and 25.6% of principal outstanding, respectively.”

One customer — 11.8% of receivables (June 30, 2026)

“The largest loan represented approximately 11.8% and 11.1% of principal outstanding as of June 30, 2026 and December 31, 2025, respectively.”

3 customers — 25.6% of receivables (December 31, 2025)

“Our total loan portfolio as of June 30, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 31.5% and 25.6% of principal outstanding, respectively.”

One customer — 11.1% of receivables (December 31, 2025)

“The largest loan represented approximately 11.8% and 11.1% of principal outstanding as of June 30, 2026 and December 31, 2025, respectively.”