NOTICE IS HEREBY GIVEN THAT the Transfer Books and Register of Unitholders of PARAGON REIT will be closed on 20 February 2023 at 5.00 p.m. for the purpose of determining the entitlements of holders of units in PARAGON REIT to PARAGON REIT's distribution for the period from 1 September 2022 to 31 December 2022. The Distribution comprises the two components of: (a) taxable income distribution of 1.53 cents; and (b) tax-exempt income distribution of 0.19 cents. Unitholders whose securities accounts with The Central Depository (Pte) Limited are credited with Units as at the Record Date will be entitled to the Distribution to be paid on 28 March 2023.