REFI

SEC source: 0001193125-26-374170 · ownership.xml · nonDerivative · entry 2

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 526,562

SEC source: 0001193125-26-374170 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 519,032

F1 · price: The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.65 to $10.67 per share. Upon request, the Reporting Person has agreed to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares purchased at each price within the range set forth in this footnote.

SEC source: 0001193125-26-365324 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 478,851

SEC source: 0001193125-26-360717 · ownership.xml · nonDerivative · entry 3

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 123,356

F1 · balance_after: On April 20, 2026, Mr. Sack was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001193125-26-360717 · ownership.xml · nonDerivative · entry 2

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,356

F1 · balance_after: On April 20, 2026, Mr. Sack was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001193125-26-360717 · ownership.xml · nonDerivative · entry 1

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,856

F1 · balance_after: On April 20, 2026, Mr. Sack was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-26-091788 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 478,706

F1 · price: The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.17 to $10.29 per share. Upon request, the Reporting Person has agreed to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares purchased at each price within the range set forth in this footnote.

SEC source: 0001213900-26-091787 · ownership.xml · nonDerivative · entry 1

Cappell Anthony · CIK 0001897431 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 466,706

F1 · price: The price reported reflects the weighted-average purchase price from (3) discrete transactions executed throughout the Transaction Date at prices that ranged from $10.32 to $10.42 per share. Upon request, the Reporting Person has agreed to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares purchased at each price within the range set forth in this footnote.

SEC source: 0001213900-26-046831 · ownership.xml · nonDerivative · entry 1

Stavola Elizabeth Mary · CIK 0002075633 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,324

F1 · balance_after: On April 20, 2026, Ms. Stavola was awarded 6,324 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 6,324 restricted shares of common stock will vest over a one year period.

SEC source: 0001213900-26-046832 · ownership.xml · nonDerivative · entry 1

Silverman Phillip · CIK 0001948271 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 71,516

F1 · balance_after: On April 20, 2026, Mr. Silverman was awarded 32,462 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 32,462 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-26-046834 · ownership.xml · nonDerivative · entry 1

Konigsberg Brandon · CIK 0001894715 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,870

F1 · balance_after: On April 20, 2026, Mr. Konigsberg was awarded 6,324 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 6,324 restricted shares of common stock will vest over a one-year period.

SEC source: 0001213900-26-046827 · ownership.xml · nonDerivative · entry 1

Papastavrou Jason D · CIK 0001329290 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,870

F1 · balance_after: On April 20, 2026, Dr. Papastavrou was awarded 6,324 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 6,324 restricted shares of common stock will vest over a one-year period.

SEC source: 0001213900-26-046833 · ownership.xml · nonDerivative · entry 1

Kite David · CIK 0001884240 · President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 96,615

F1 · balance_after: On April 20, 2026, Mr. Kite was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-26-046830 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 453,706

F1 · balance_after: On April 20, 2026, Mr. Mazarakis was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-26-046829 · ownership.xml · nonDerivative · entry 1

Cappell Anthony · CIK 0001897431 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 421,706

F1 · balance_after: On April 20, 2026, Mr. Cappell was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-26-046826 · ownership.xml · nonDerivative · entry 1

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 118,356

F1 · balance_after: On April 20, 2026, Mr. Sack was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001193125-25-241563 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 416,607

SEC source: 0001193125-25-241640 · ownership.xml · nonDerivative · entry 3

Papastavrou Jason D · CIK 0001329290 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Self as Custodian for Michael Athans

Disclosed balance after: 3,000

F3 · ownership.nature: The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

SEC source: 0001193125-25-241640 · ownership.xml · nonDerivative · entry 2

Papastavrou Jason D · CIK 0001329290 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Self as Trustee for Michael Athans Trust

Disclosed balance after: 5,000

F2 · ownership.nature: The Reporting Person disclaims beneficial ownership of shares held in trust for which he serves as trustee or co-trustee.

SEC source: 0001193125-25-241640 · ownership.xml · nonDerivative · entry 1

Papastavrou Jason D · CIK 0001329290 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 49,546

F1 · balance_after: On April 1, 2025, Dr. Papastavrou was awarded 5,071 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 5,071 restricted shares of common stock will vest over a one-year period.

SEC source: 0001193125-25-241575 · ownership.xml · nonDerivative · entry 2

Kite David · CIK 0001884240 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,516

F1 · balance_after: On April 1, 2025, Mr. Kite was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001193125-25-241569 · ownership.xml · nonDerivative · entry 1

Konigsberg Brandon · CIK 0001894715 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,546

SEC source: 0001193125-25-241575 · ownership.xml · nonDerivative · entry 1

Kite David · CIK 0001884240 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 57,016

F1 · balance_after: On April 1, 2025, Mr. Kite was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001193125-25-241567 · ownership.xml · nonDerivative · entry 1

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,257

F1 · balance_after: On April 1, 2025, Mr. Sack was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001193125-25-227618 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 408,607

SEC source: 0001213900-25-030641 · ownership.xml · nonDerivative · entry 1

Silverman Phillip · CIK 0001948271 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,054

F1 · price: The price reported is a weighted average price. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each specific price.

SEC source: 0001213900-25-028734 · ownership.xml · nonDerivative · entry 1

Silverman Phillip · CIK 0001948271 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,285

F1 · balance_after: On April 1, 2025, Mr. Silverman was awarded 8,993 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 8,993 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-25-028739 · ownership.xml · nonDerivative · entry 1

Konigsberg Brandon · CIK 0001894715 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,546

F1 · balance_after: On April 1, 2025, Mr. Konigsberg was awarded 5,071 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 5,071 restricted shares of common stock will vest over a one-year period.

SEC source: 0001213900-25-028741 · ownership.xml · nonDerivative · entry 1

Papastavrou Jason D · CIK 0001329290 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,546

F1 · balance_after: On April 1, 2025, Dr. Papastavrou was awarded 5,071 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 5,071 restricted shares of common stock will vest over a one-year period.

SEC source: 0001213900-25-028743 · ownership.xml · nonDerivative · entry 1

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 73,107

F1 · balance_after: On April 1, 2025, Mr. Sack was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-25-028740 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive COB

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 401,107

F1 · balance_after: On April 1, 2025, Mr. Mazarakis was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-25-028738 · ownership.xml · nonDerivative · entry 1

Kite David · CIK 0001884240 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,516

F1 · balance_after: On April 1, 2025, Mr. Kite was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-25-028737 · ownership.xml · nonDerivative · entry 1

Bodmeier Andreas · CIK 0001867951 · President and CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 391,534

F1 · balance_after: On April 1, 2025, Dr. Bodmeier was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-25-028736 · ownership.xml · nonDerivative · entry 1

Cappell Anthony · CIK 0001897431 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 384,607

F1 · balance_after: On April 1, 2025, Mr. Cappell was awarded 28,398 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 28,398 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-25-028735 · ownership.xml · nonDerivative · entry 1

Steiner Michael L. · CIK 0001893939 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 274,109

F1 · balance_after: On April 1, 2025, Mr. Steiner was awarded 5,071 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 5,071 restricted shares of common stock will vest over a one year period.

F2 · balance_after: Includes 185,931 shares distributed by Chicago Atlantic Management, LLC and Chicago Atlantic CRE Manager, LLC, the managing members of Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC, respectively, in connection with the distribution of shares of Chicago Atlantic Real Estate Finance, Inc. held by Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC to their members pursuant to the terms of their respective operating agreements for no consideration.

F3 · balance_after: Includes shares acquired through the Registrant's dividend reinvestment plan.

SEC source: 0001213900-24-096036 · ownership.xml · nonDerivative · entry 2

Mazarakis John · CIK 0001867660 · Director · Executive COB

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 372,709

F1 · kind: The Reporting Person's sale of Issuer's common stock reported herein was transacted by the Reporting Person's broker as a result of a new margin requirement recently instituted for the account. Upon discovery of such transaction, the Reporting Person acquired an equivalent number of Issuer's shares in the open market. The Reporting Person realized short-swing profits of $105 under Section 16(b) of the Securities Exchange Act of 1934, as amended, as a result of the sale and subsequent purchase of the Issuer's common shares reported herein. The Reporting Person has voluntarily disgorged to the Issuer all of such short-swing profits realized by the Reporting Person from such transactions.

SEC source: 0001213900-24-096036 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive COB

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 369,930

F1 · kind: The Reporting Person's sale of Issuer's common stock reported herein was transacted by the Reporting Person's broker as a result of a new margin requirement recently instituted for the account. Upon discovery of such transaction, the Reporting Person acquired an equivalent number of Issuer's shares in the open market. The Reporting Person realized short-swing profits of $105 under Section 16(b) of the Securities Exchange Act of 1934, as amended, as a result of the sale and subsequent purchase of the Issuer's common shares reported herein. The Reporting Person has voluntarily disgorged to the Issuer all of such short-swing profits realized by the Reporting Person from such transactions.

SEC source: 0001213900-24-030048 · ownership.xml · nonDerivative · entry 1

Silverman Phillip · CIK 0001948271 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,292

F1 · balance_after: On April 1, 2024, Mr. Silverman was awarded 5,717 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 5,717 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-24-030044 · ownership.xml · nonDerivative · entry 1

Konigsberg Brandon · CIK 0001894715 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,475

F1 · balance_after: On April 1, 2024, Mr. Konigsberg was awarded 4,811 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 4,811 restricted shares of common stock will vest over a one year period.

SEC source: 0001213900-24-030043 · ownership.xml · nonDerivative · entry 1

HERBST FREDERICK C · CIK 0001285197 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,475

F1 · balance_after: On April 1, 2024, Mr. Herbst was awarded 4,811 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 4,811 restricted shares of common stock will vest over a one year period.

SEC source: 0001213900-24-030046 · ownership.xml · nonDerivative · entry 1

Papastavrou Jason D · CIK 0001329290 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,475

F1 · balance_after: On April 1, 2024, Dr. Papastavrou was awarded 4,811 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 4,811 restricted shares of common stock will vest over a one year period.

SEC source: 0001213900-24-030045 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive COB

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 372,709

F1 · balance_after: On April 1, 2024, Mr. Mazarakis was awarded 43,655 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 43,655 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-24-030049 · ownership.xml · nonDerivative · entry 1

Steiner Michael L. · CIK 0001893939 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 232,009

F1 · balance_after: On April 1, 2024, Mr. Steiner was awarded 4,811 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 4,811 restricted shares of common stock will vest over a one year period.

F2 · balance_after: Includes 185,931 shares distributed by Chicago Atlantic Management, LLC and Chicago Atlantic CRE Manager, LLC, the managing members of Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC, respectively, in connection with the distribution of shares of Chicago Atlantic Real Estate Finance, Inc. held by Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC to their members pursuant to the terms of their respective operating agreements for no consideration.

F3 · balance_after: Includes shares acquired through the Registrant's dividend reinvestment plan.

SEC source: 0001213900-24-030042 · ownership.xml · nonDerivative · entry 1

Gulbrandsen Donald E. · CIK 0001890445 · Director · Co-President and CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 851,445

F1 · balance_after: On April 1, 2024, Mr. Gulbrandsen was awarded 4,811 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 4,811 restricted shares of common stock will vest over a one year period.

F2 · balance_after: Includes 836,970 shares distributed by Chicago Atlantic Management, LLC and Chicago Atlantic CRE Manager, LLC, the managing members of Chicago Atlantic Fund QP, LLC and Chicago Atlantic CRE Holdings, LLC, respectively, in connection with the distribution of shares of Chicago Atlantic Real Estate Finance, Inc. held by Chicago Atlantic Fund QP, LLC and Chicago Atlantic CRE Holdings, LLC to their members pursuant to the terms of their respective operating agreements for no consideration.

SEC source: 0001213900-24-030047 · ownership.xml · nonDerivative · entry 1

Sack Peter · CIK 0001897415 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,709

F1 · balance_after: On April 1, 2024, Mr. Sack was awarded 11,388 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 11,388 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-24-030041 · ownership.xml · nonDerivative · entry 1

Cappell Anthony · CIK 0001897431 · Director · Co-Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 356,209

F1 · balance_after: On April 1, 2024, Mr. Cappell was awarded 43,655 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 43,655 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-24-030040 · ownership.xml · nonDerivative · entry 1

Bodmeier Andreas · CIK 0001867951 · Director · President and CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 363,136

F1 · balance_after: On April 1, 2024, Dr. Bodmeier was awarded 43,655 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 43,655 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-23-045897 · ownership.xml · nonDerivative · entry 1

Silverman Phillip · CIK 0001948271 · Interim CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,575

F1 · balance_after: On June 1, 2023, Mr. Silverman was awarded 11,500 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 11,500 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-23-045895 · ownership.xml · nonDerivative · entry 1

Mazarakis John · CIK 0001867660 · Director · Executive COB

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 365,578

F1 · balance_after: On June 1, 2023, Mr. Mazarakis was awarded 85,100 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 85,100 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

SEC source: 0001213900-23-045894 · ownership.xml · nonDerivative · entry 1

Cappell Anthony · CIK 0001897431 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 312,554

F1 · balance_after: On June 1, 2023, Mr. Cappell was awarded 85,100 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 85,100 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.