ARI declares $3.75/sh dividend and plans to dissolve, liquidate assets, return capital

Apollo Commercial Real Estate Finance, Inc.

Dividend of $3.75 per share declared, payable July 15, 2026 to holders of record June 30, 2026; primarily return of capital.
Board determined dissolution and liquidation advisable and in best interest of ARI and stockholders.
Dissolution requires stockholder approval; preliminary proxy statement to be filed with SEC for complete liquidation plan.
Follows completion of loan portfolio sale in April 2026; remaining properties to be sold and net proceeds distributed.
Board may terminate or amend plan without stockholder approval or pursue merger/other strategic alternative.

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