Dakota REIT’s amended and restated Distribution Reinvestment Plan (DRIP) became effective January 1, 2020. The DRIP allows for the reinvestment of distributions for additional shares at a price equal to 95% of the current asking price. A shareholder may elect to participate at any time. The initial Subscription Agreement provides the shareholder the option to 1) select the distribution paid in cash or 2) reinvest in shares at a discount of 5%. After the initial election, if a shareholder wants to change their DRIP status, the change is completed by signing a
Shareholder Change Form. The Shareholder Change Form may be obtained on the Dakota REIT website or by writing to Dakota REIT Management, LLC, 3003 32nd Avenue South, Fargo, ND 58103 or by calling Investor Relations at (701) 239-6879 x2. The DRIP is offered to residents in the states Dakota REIT has registered with the SEC.