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Paramount Declares Regular Quarterly Dividend

September 13, 2019

NEW YORK--(BUSINESS WIRE)--Sep 13, 2019--

Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.10 per share of common stock for the period from July 1, 2019 to September 30, 2019. The dividend will be payable on October 15 , 2019 to stockholders of record as of the close of business on September 30, 2019.

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, San Francisco and Washington, D.C. 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190913005037/en/

CONTACT: Wilbur Paes

Executive Vice President, Chief Financial Officer

212-237-3122

ir@paramount-group.comRobert Simone

Director, Business Development & Investor Relations

212-237-3138

ir@paramount-group.comMedia:

212-492-2285

pr@paramount-group.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT

SOURCE: Paramount Group, Inc.

Copyright Business Wire 2019.

PUB: 09/13/2019 08:00 AM/DISC: 09/13/2019 08:02 AM

http://www.businesswire.com/news/home/20190913005037/en

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