On March 16, 2018, KKR Real Estate Finance Trust Inc. and William B. Miller, its Chief Financial Officer and Treasurer, agreed that Mr. Miller will step down from these positions effective as of such date. On March 15, 2018, Mostafa Nagaty was appointed as the Company's Chief Financial Officer and Treasurer, effective March 27, 2018. From 2015 to 2017, Mr. Nagaty, 40, was employed at Annaly Capital Management Inc.