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 21.5 cents per share, (5.13% rate of return) payable April 7, 2022 to shareholders of record as of March 31, 2021. Dakota REIT has paid distributions for 24 years and this is its 98th 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 21.5 cents per share, (5.13% rate of return) payable April 7, 2022 to shareholders of record as of March 31, 2021. Dakota REIT has paid distributions for 24 years and this is its 98th 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