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    January 14, 2022
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DAKOTA REIT Invest. Protect. Diversify. Grow. DISTRIBUTION DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly distribution at 21 cents per share, (5.09% rate of return) payable January 7, 2022 to shareholders of record as of December 31, 2021. Dakota REIT has paid distributions for 23 years and this is its 97th consecutive quarterly distribution. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32nd Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com DAKOTA REIT Invest. Protect. Diversify. Grow. DISTRIBUTION DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly distribution at 21 cents per share, (5.09% rate of return) payable January 7, 2022 to shareholders of record as of December 31, 2021. Dakota REIT has paid distributions for 23 years and this is its 97th consecutive quarterly distribution. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32nd Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com