Material Agreement, Financial Obligation (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

On June 4, 2025, Claros Mortgage Trust, Inc. (the "Company") and CMTG JNP Finance LLC, a wholly owned subsidiary of the Company, entered into that certain Amended and Restated Uncommitted Master Repurchase Agreement (the "Amended MRA") with JPMorgan Chase Bank, National Association. The Amended MRA, among other things, increased the maximum facility amount to $663.7 million and provides for varying levels of recourse to the Company depending on the asset financed.

The foregoing description of the Amended MRA is only a summary of certain material provisions and is qualified in its entirety by reference to a copy of the Amended MRA, which is filed herewith as Exhibit 10.1 and by this reference incorporated herein.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off Balance Sheet Arrangement of a Registrant.

The information required by Item 2.03 contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.