Paramount Declares Regular Quarterly Dividend

Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from January 1, 2024 to March 31, 2024. The dividend will be payable on April 15, 2024, to stockholders of record as of the close of business on March 28, 2024.

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.

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Wilbur Paes Chief Operating Officer, Chief Financial Officer and Treasurer 212-237-3122 [e-mail]

Tom Hennessy Vice President, Investor Relations and Business Development 212-237-3138 [e-mail]

Media: 212-492-2285 [e-mail]