CENTERSPACE ANNOUNCES 2024 DIVIDEND ALLOCATIONS

Centerspace (NYSE:CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2024 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Centerspace distributions.

Security Record Payable Cash Box 1a Box 1b Box 2a Box 2b Box 3 Box 5Description Date Date Distribution Ordinary Qualified Long-Term Unrecaptured Nondividend Section 199A Per Share Taxable Dividend Capital Gain Sec. 1250 Distribution Dividend Dividend (1) Gain (2) (1)Common Shares 12/29/23 01/12/24$0.7300000 $0.3044544 $0.0000000$0.0000000 $0.0000000 $0.4255456 $0.3044544 03/28/24 04/08/24$0.7500000 $0.3127957 $0.0000000$0.0000000 $0.0000000 $0.4372043 $0.3127957CUSIP: 15202L107 06/28/24 07/10/24$0.7500000 $0.3127957 $0.0000000$0.0000000 $0.0000000 $0.4372043 $0.3127957Symbol: CSR 09/30/24 10/10/24$0.7500000 $0.3127957 $0.0000000$0.0000000 $0.0000000 $0.4372043 $0.3127957 $2.9800000 $1.2428415 $0.0000000$0.0000000 $0.0000000 $1.7371585 $1.2428415Security Record Payable Cash Box 1a Box 1b Box 2a Box 2b Box 3 Box 5Description Date Date Distribution Ordinary Qualified Long-Term Unrecaptured Nondividend Section 199A Per Share Taxable Dividend Capital Gain Sec. 1250 Distribution Dividend Dividend (1) Gain (2) (1)Series C Preferred 03/15/24 03/28/24$0.4140625 $0.4140625 $0.0000000$0.0000000 $0.0000000 $0.0000000 $0.4140625Shares 06/14/24 06/28/24$0.4140625 $0.4140625 $0.0000000$0.0000000 $0.0000000 $0.0000000 $0.4140625CUSIP: 15202L206 09/16/24 09/30/24$0.4140625 $0.4140625 $0.0000000$0.0000000 $0.0000000 $0.0000000 $0.4140625Symbol: CSR PRC $1.2421875 $1.2421875 $0.0000000$0.0000000 $0.0000000 $0.0000000 $1.2421875

(1) These amounts are a subset of, and included in, the amounts in Box 1a.(2) These amounts are a subset of, and included in, the amounts in Box 2a.

About CenterspaceCenterspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, the company currently owns 71 apartment communities consisting of 13,012 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a top workplace for the fifth consecutive year in 2024 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

If you would like more information about this topic, please contact Josh Klaetsch, Investor Relations, at (952) 401-6600 or IR@centerspacehomes.com.

Contact InformationJosh Klaetsch, Investor RelationsPhone : (952) 401-6600E-mail : IR@centerspacehomes.com

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