Paramount Announces Tax Treatment of 2024 Common Stock Dividends

NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount’s dividends.

Common Shares (CUSIP #69924R108)

Record Date		Payable Date		Total Dividends Per Share				Total Dividends Allocable to 2024				2024 Taxable Ordinary Dividends (1)				Total Capital Gain Distribution				Total Section 1250 Unrecaptured Gain				2024 Non-taxable Dividend (Return of Capital)
12/29/2023		01/12/2024		$	0.035000			$	0.035000			$	0.019610			$	0.000000			$	0.000000			$	0.015390
03/28/2024		04/15/2024			0.035000				0.035000				0.019610				0.000000				0.000000				0.015390
06/28/2024		07/15/2024			0.035000				0.035000				0.019610				0.000000				0.000000				0.015390
Totals for 2024				$	0.105000			$	0.105000			$	0.058830			$	0.000000			$	0.000000			$	0.046170
(1) The amounts in this column are treated as “qualified REIT dividends” for purposes of Internal Revenue Code Section 199A.

About Paramount Group, Inc.

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250121755406/en/

Wilbur Paes

Chief Operating Officer,

Chief Financial Officer and Treasurer

212-237-3122

ir@pgre.com

Tom Hennessy

Vice President, Investor Relations and

Business Development

212-237-3138

ir@pgre.com

Media:

212-492-2285

pr@pgre.com

Source: Paramount Group, Inc.