ARI Apollo Commercial Real Estate Finance Inc

On January 10, 2022, Apollo Commercial Real Estate Finance, Inc. (the “Company”) announced that its Board of Directors (the “Board”) appointed Anastasia Mironova to the positions of Chief Financial Officer, Secretary and Treasurer of the Company. Ms. Mironova’s appointment is effective upon the commencement of her employment with ACREFI Management, LLC or its affiliate, which is expected to be at the beginning of the second quarter of 2022. As previously disclosed in the Company’s Form 8-K filed on September 1, 2021, Jai Agarwal, the current Chief Financial Officer, Treasurer and Secretary of the Company informed the Company on August 26, 2021 of his intention to resign from the Company. In connection with Ms. Mironova’s appointment, the Company and Mr. Agarwal agreed to set the effective date of Mr. Agarwal’s resignation, which was previously not determined, to be January 21, 2022. Prior to Ms. Mironova’s start, Stuart Rothstein, the Company’s Chief Executive Officer and President, will serve as interim Chief Financial Officer, Secretary and Treasurer for the period in between the departure of Mr. Agarwal until the effective date of Ms. Mironova’s appointment. Prior to becoming the Company’s Chief Executive Officer and President in March 2012, Mr. Rothstein served as the Company’s Chief Financial Officer from its initial public offering in September 2009 until April 1, 2013. For Mr. Rothstein’s biography, please refer to the Company’s proxy statement on Schedule 14A filed on April 27, 2021.

Ms. Mironova, age 36, joins ARI from BDO USA, LLP (“BDO”) where she served as a partner focused on public REITs and debt funds from May 2021. Prior to BDO, Ms. Mironova spent 15 years until April 2021 at Deloitte (including her tenure in Deloitte & Touche LLP in the United States and Deloitte CIS in Russia), where her main area of focus was public mortgage REITs. Ms. Mironova graduated from the Finance Academy under the Government of the Russian Federation with a Masters in Finance and Credit. She is a Certified Public Accountant and is a member of both the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

There is no arrangement or understanding between Ms. Mironova and any other persons pursuant to which Ms. Mironova was appointed as the Company’s Chief Financial Officer, Treasurer and Secretary. There are no related person transactions involving Ms. Mironova that are reportable under Item 404(a) of Regulation S-K. There are no family relationships between Ms. Mironova and any director or executive officer of the Company. Ms. Mironova will enter into an indemnification agreement with the Company in substantially the same form that the Company has entered into with its directors and other executive officers.

In connection with her appointment, Ms. Mironova will receive restricted stock units (“RSUs”) of the Company with a value of $100,000, which RSUs will vest in three equal annual installments. The RSUs will be granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan.