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lagship Communities Real Estate Investment Trust (the "REIT") announced a cash distribution of US$0.0517 per REIT unit for May 2025, representing an annual rate of US$0.62 per unit. The payment will be made on or about June 16, 2025, to unitholders of record as of May 30, 2025. Canadian and non-US unitholders should note that distributions may be subject to US withholding tax.

    Flagship Communities REIT is a leading operator of affordable residential Manufactured Housing Communities serving working families in the US Midwest. The REIT owns and operates communities in eight states, offering exceptional living experiences and investment opportunities.

    This press release contains forward-looking statements reflecting current expectations about future events, including intended monthly distributions. Management assumes sufficient cash to pay distributions but acknowledges known and unknown risks that may cause actual results to differ from these expectations. Readers are cautioned against relying on forward-looking statements, which the REIT undertakes no obligation to update or revise.

    Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential Manufactured Housing Communities primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences in family-oriented communities across eight US states. For more information, visit www.flagshipcommunities.com.

    Unitholders should consult their tax advisors regarding the tax consequences of receiving distributions from the REIT.