InPoint Commercial Real Estate Income, Inc.

The transaction (purchase and repurchase) price for shares of our common stock is generally based on our prior month’s NAV, plus any applicable upfront selling commissions and dealer manager fees, and is not based on any public trading market. The valuation of our investments is inherently subjective, and our NAV may not accurately reflect the actual price at which our investments could be liquidated on any given day. The NAV presented is rounded to two decimal places.

*Source of Distribution - For the year ended December 31, 2023, 100% of distributions on our common stock were funded by cash flows from operating activities. The distribution rate reflects the current month’s distribution annualized and divided by the NAV as of the end of the month prior to the record date for the distribution.

Annualized monthly distribution rates of distributions to Class I holders since June 30, 2021 have ranged (lowest to highest) from a 6.15% annualized rate of the distribution to record holders as of August 31, 2021 to an annualized rate of 8.22% on the distribution to record holders as of December 31, 2025. The distributions received by holders of Class D, Class S and Class T common stock will be less than the distribution amounts received by holders of Class I and other classes because the amount of the distributions received by Class D, Class S and Class T holders are net of stockholder servicing fees applicable to these classes, respectively. See “Distributions” under the Management’s Discussion and Analysis section of our Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q for additional detail regarding the amount of our distributions, including the amount of distributions relative to our cash flows from operating activities. InPoint cannot guarantee that it will declare and pay distributions. InPoint may pay distributions from sources other than earnings and cash flow from operations, including, without limitation, the sale of assets, borrowings, repayment of real estate debt investments, return of capital or offering proceeds and advances or deferral of fees and expenses reimbursements. InPoint has no limits on the amounts it pays from such sources.

The transaction (purchase and repurchase) price for shares of our common stock is generally based on our prior month’s NAV, plus any applicable upfront selling commissions and dealer manager fees and is not based on any public trading market. The valuation of our investments is inherently subjective, and our NAV may not accurately reflect the actual price at which our investments could be liquidated on any given day. The NAV presented is rounded to two decimal places.

*Source of Distribution - For the year ended December 31, 2023, 100% of distributions on our common stock were funded by cash flows from operating activities. The distribution rate reflects the current month’s distribution annualized and divided by the NAV as of the end of the month prior to the record date for the distribution.

Annualized monthly distribution rates of distributions to Class D holders since June 30, 2021 have ranged (lowest to highest) from a 5.90% annualized rate of the distribution to record holders as of August 31, 2021 to an annualized rate of 7.96% on the distribution to record holders as of December 31, 2025. The distributions received by holders of Class D, Class S and Class T common stock will be less than the distribution amounts received by holders of Class I and other classes because the amount of the distributions received by Class D, Class S and Class T holders are net of stockholder servicing fees applicable to these classes, respectively. See “Distributions” under the Management’s Discussion and Analysis section of our Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q for additional detail regarding the amount of our distributions, including the amount of distributions relative to our cash flows from operating activities. InPoint cannot guarantee that it will declare and pay distributions. InPoint may pay distributions from sources other than earnings and cash flow from operations, including, without limitation, the sale of assets, borrowings, repayment of real estate debt investments, return of capital or offering proceeds and advances or deferral of fees and expenses reimbursements. InPoint has no limits on the amounts it pays from such sources.

The transaction (purchase and repurchase) price for shares of our common stock is generally based on our prior month’s NAV, plus any applicable upfront selling commissions and dealer manager fees, and is not based on any public trading market. The valuation of our investments is inherently subjective, and our NAV may not accurately reflect the actual price at which our investments could be liquidated on any given day. The NAV presented is rounded to two decimal places.

*Source of Distribution - For the year ended December 31, 2023, 100% of distributions on our common stock were funded by cash flows from operating activities. The distribution rate reflects the current month’s distribution annualized and divided by the NAV as of the end of the month prior to the record date for the distribution.

Annualized monthly distribution rates of distributions to Class S holders since June 30, 2021 have ranged (lowest to highest) from a 5.30% annualized rate of the distribution to record holders as of August 31, 2021 to an annualized rate of 7.38% on the distribution to record holders as of December 31, 2025. The distributions received by holders of Class D, Class S and Class T common stock will be less than the distribution amounts received by holders of Class I and other classes because the amount of the distributions received by Class D, Class S and Class T holders are net of stockholder servicing fees applicable to these classes, respectively. See “Distributions” under the Management’s Discussion and Analysis section of our Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q for additional detail regarding the amount of our distributions, including the amount of distributions relative to our cash flows from operating activities. InPoint cannot guarantee that it will declare and pay distributions. InPoint may pay distributions from sources other than earnings and cash flow from operations, including, without limitation, the sale of assets, borrowings, repayment of real estate debt investments, return of capital or offering proceeds and advances or deferral of fees and expenses reimbursements. InPoint has no limits on the amounts it pays from such sources.

The transaction (purchase and repurchase) price for shares of our common stock is generally based on our prior month’s NAV, plus any applicable upfront selling commissions and dealer manager fees, and is not based on any public trading market. The valuation of our investments is inherently subjective, and our NAV may not accurately reflect the actual price at which our investments could be liquidated on any given day. The NAV presented is rounded to two decimal places.

*Source of Distribution - For the year ended December 31, 2023, 100% of distributions on our common stock were funded by cash flows from operating activities. The distribution rate reflects the current month’s distribution annualized and divided by the NAV as of the end of the month prior to the record date for the distribution.

Annualized monthly distribution rates of distributions to Class T holders since June 30, 2021 have ranged (lowest to highest) from a 5.28% annualized rate of the distribution to record holders as of August 31, 2021 to an annualized rate of 7.28% on the distribution to record holders as of December 31, 2025. The distributions received by holders of Class D, Class S and Class T common stock will be less than the distribution amounts received by holders of Class I and other classes because the amount of the distributions received by Class D, Class S and Class T holders are net of stockholder servicing fees applicable to these classes, respectively. See “Distributions” under the Management’s Discussion and Analysis section of our Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q for additional detail regarding the amount of our distributions, including the amount of distributions relative to our cash flows from operating activities. InPoint cannot guarantee that it will declare and pay distributions. InPoint may pay distributions from sources other than earnings and cash flow from operations, including, without limitation, the sale of assets, borrowings, repayment of real estate debt investments, return of capital or offering proceeds and advances or deferral of fees and expenses reimbursements. InPoint has no limits on the amounts it pays from such sources.

Class P Shares are closed to new investments. The transaction (purchase and repurchase) price for shares of our common stock is generally based on our prior month’s NAV, plus any applicable upfront selling commissions and dealer manager fees, and is not based on any public trading market. The valuation of our investments is inherently subjective, and our NAV may not accurately reflect the actual price at which our investments could be liquidated on any given day. The NAV presented is rounded to two decimal places.

*Source of Distribution - For the year ended December 31, 2023, 100% of distributions on our common stock were funded by cash flows from operating activities. The distribution rate reflects the current month’s distribution annualized and divided by the NAV as of the end of the month prior to the record date for the distribution.

Annualized monthly distribution rates of distributions to Class P holders since June 30, 2021 have ranged (lowest to highest) from a 6.17% annualized rate of the distribution to record holders as of August 31, 2021 to an annualized rate of 8.25% on the distribution to record holders as of December 31, 2025. The distributions received by holders of Class D, Class S and Class T common stock will be less than the distribution amounts received by holders of Class I and other classes because the amount of the distributions received by Class D, Class S and Class T holders are net of stockholder servicing fees applicable to these classes, respectively. See “Distributions” under the Management’s Discussion and Analysis section of our Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q for additional detail regarding the amount of our distributions, including the amount of distributions relative to our cash flows from operating activities. InPoint cannot guarantee that it will declare and pay distributions. InPoint may pay distributions from sources other than earnings and cash flow from operations, including, without limitation, the sale of assets, borrowings, repayment of real estate debt investments, return of capital or offering proceeds and advances or deferral of fees and expenses reimbursements. InPoint has no limits on the amounts it pays from such sources.