Highlights Continued Growth of Rithm's Diversified Asset Management Platform

Rithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company"))), a global, multi-dimensional asset manager, today announced it has entered into a strategic partnership with a large institutional investor, marking the latest milestone in Rithm's ongoing strategy to cultivate long-term, value driven collaborations. As part of the agreement, the partnership will fund the near-term acquisition of up to $500 million of residential transitional loans, with the potential to acquire up to $1.5 billion.

This partnership underscores Rithm's growing asset management platform, which offers a broad suite of products and leverages origination, underwriting, and servicing expertise through Rithm's family of operating companies. These capabilities, combined with Rithm's experience navigating market and economic cycles and its robust capital base, enable the Company to deliver customized investment solutions that provide investors with flexibility around the pace of growth, investment tenure, and overall portfolio size.

The parties will form a dedicated investment partnership to fund the acquisition of the loans and will be managed by Rithm Capital Advisors LLC. The loans will be serviced by Rithm's subsidiary Genesis Capital LLC, a leading residential transitional lender that provides innovative debt solutions to professional real estate investors.