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CIM Real Assets & Credit Fund Announces Quarterly Dividend

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CIM Real Assets & Credit Fund announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share for each of July, August and September 2020, representing an annual distribution rate of 6.0% of NAV (as of June 26, 2020) per share. The dividend will be payable as follows: $0.125 per share to be paid on July 6, 2020 to stockholders of record at the close of business on July 1, 2020; $0.125 per share to be paid on August 5, 2020 to stockholders of record at the close of business on August 3, 2020; and $0.125 per share to be paid on September 3, 2020 to stockholders of record at the close of business on September 1, 2020.

About CIM Real Assets & Credit Fund (CIM RACR)

CIM RACR (the Fund) is a newly organized, non-diversified, closed-end management investment company, registered under the 1940 Act that continuously offers its common shares and is operated as an interval fund. The Fund invests across real assets and corporate credit, providing an opportunity to invest alongside CIM Groups income-oriented strategies. CIM RACRs investment objective is to generate current income through cash distributions and preserve and protect shareholders capital across various market cycles, with a secondary objective of capital appreciation. The Fund is advised by CIM Capital IC Management, LLC and sub-advised by CIM Capital SA Management, LLC and OFS Capital Management, LLC, each of which are investment advisers registered under the Advisers Act and affiliates of CIM Group, LLC. For additional information, please visit www.cimgroup.com.

Forward-Looking Statements

Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including statements relating managements belief that CIM RACR will benefit from CIM Groups combined real assets, credit and transaction experience and deal-sourcing capabilities; the composition of CIM RACRs portfolio of real assets and corporate credit assets and the potential benefits to investors, which may not be realized; opportunities for individuals to invest alongside institutional partners, and whether those opportunities will align the interests among sponsors, partners and shareholders; and other factors may constitute forward-looking statements for purposes of the safe harbor protection under applicable securities laws. Forward-looking statements can be identified by terminology such as anticipate, believe, could, could increase the likelihood, estimate, expect, intend, is planned, may, should, will, will enable, would be expected, look forward, may provide, would or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in CIM RACRs Prospectus filed with the Securities and Exchange Commission (the SEC) on April 30, 2020 under the section Risks as well as other documents that may be filed by CIM RACR from time to time with the SEC. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. CIM RACR is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Relations:

Bill Mendel, 212-397-1030

bill@mendelcommunications.com

or

Investor Relations:

Steve Altebrando, 646-652-8473

shareholders@cimcommercial.com

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