CNL Strategic Residential Credit, Inc.

Determination of Net Asset Value for Outstanding Shares for the month ended September 30, 2026

On October 26, 2026, the board of directors (the "Board") of CNL Strategic Residential Credit, Inc. (the "Company") determined the Company's net asset value per share for each share class in a manner consistent with the Company's valuation policy. This table provides the Company's aggregate net asset value and net asset value per share for its Class FA and Class E shares as of September 30, 2026:

Month Ended September 30, 2026 Class E Class FA Total

Number of Outstanding Shares 990,016 636,872 1,626,888

Net Asset Value, Per Share $24.64 $23.88

On October 26, 2026, the Company's Board approved the new per share offering price for each share class in the Company's private offering. As of September 30, 2026, the Company had not sold any Class A, Class T or Class I shares. The new per share offering prices for the Company's Class A, Class T and Class I shares are based on the Company's aggregate net asset value per share as of September 30, 2026 and are adjusted for applicable upfront selling commissions and dealer manager fees. The new offering prices will be used for the Company's next monthly closing for subscriptions on October 30, 2026. The purchase price for shares purchased under our distribution reinvestment plan will be equal to the net asset value per share for each share class as of September 30, 2026. A subscriber may also obtain this information by calling us by telephone at (866) 650-0650. The following table provides the new offering prices and applicable upfront selling commissions and dealer manager fees, if any, for each share class available in the Company's current private offering:

Class E Class FA Class A Class T Class I

Selling Commissions, Per Share - - $1.57 $0.75 -

Dealer Manager Fees, Per Share - - $0.65 $0.44 -

Distribution Record Date Distribution Payment Date Declared Distribution Per Share for Each Share Class

As of September 30, 2026, the Company held investments in 260 residential mortgage whole loans (the "Loans") with an approximate value of $84.5 million and investments in the preferred equity of entities that acquire residential mortgage servicing rights (the "MSRs") interests with an approximate value of $10.3 million. As of September 30, 2026, the Company had total assets of approximately $108.4 million, including the Loans, the MSRs and other assets.

Cautionary Note Regarding Forward-Looking Statements