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Paramount Declares Regular Quarterly Dividend

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NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.07 per share of common stock for the period from July 1, 2021, to September 30, 2021. The dividend will be payable on October 15, 2021, to stockholders of record as of the close of business on September 30, 2021.

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.

Wilbur Paes

Chief Operating Officer,

Chief Financial Officer & Treasurer

212-237-3122

ir@paramount-group.com

Sumit Sharma

Vice President, Business Development &

Investor Relations

212-237-3138

ir@paramount-group.com

Paramount Media Contact:

212-492-2285

pr@paramount-group.com

Source: Paramount Group, Inc.

PARAMOUNT GROUP, INC.

NYSE:PGRE

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About PGRE

paramount real estate group is a real estate company located in 10 pickney colony office park, bluffton, south carolina, united states.