X0306 4 2020-03-11 0 0001786248 NexPoint Real Estate Finance, Inc. NREF 0001636204 Goetz Matthew 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 1 0 0 See Remarks Common Stock 2020-03-11 4 P 0 6042 16.39 A 32357 D Common Stock 65700 I See Footnote These shares are held by NexPoint Real Estate Strategies Fund ("NRESF"). The Reporting Person is a co-portfolio manager of NRESF, and may be deemed to be an indirect beneficial owner of shares held by NRESF. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Senior VP-Investments and Asset Management /s/ Lauren Thedford, as attorney-in-fact for Matt Goetz 2020-03-13