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Seven Hills Realty Trust Announces 2021 Dividend Allocations for Seven Hills Realty Trust and Tremont Mortgage Trust

Seven Hills Realty Trust Announces 2021 Dividend Allocations for Seven Hills Realty Trust and Tremont Mortgage Trust
Written by Publishing Team

Newton, Mass – (work wireSeven Hills Realty Trust (Nasdaq: SEVN) today announced the characterization of dividends for 2021 income tax reporting purposes for both SEVN and Tremont Mortgage Trust (“TRMT”), prior to and within TRMT’s merger with SEVN, as follows:

Common stock SEVN

profit distribution

per share

Section

sum

not taken

a permit

register

Paid / Payable

earnings

Normal

199A

qualified

Capital

Section 1250

back

dates

dates

dates

per share

Enter

Dividend(1)

Dividend(2)

he won

he won(3)

Capital

04/15/21

04/26/21

05/20/21

$0.15

$0.1181

$0.1181

$0.000

$0.000

$0.000

0.0319 dollars

07/15/21

07/26/21

08/19/21

$0.15

$0.1181

$0.1181

$0.000

$0.000

$0.000

0.0319 dollars

08/27/21

07/09/21

09/29/21

$0.15

$0.1181

$0.1181

$0.000

$0.000

$0.000

0.0319 dollars

Totals:

0.45 dollars

$0.3543

$0.3543

$0.000

$0.000

$0.000

$0.0957

(1) Section 199A dividends are a subset of and included in the amount of ordinary income.

(ii) Qualified dividend is a subset of the amount of ordinary income and is included in the amount of ordinary income.

(3) Unearned Section 1250 gains are a subset of the total capital gain amount and are included therein.

TRMT Common Stock

profit distribution

per share

Section

sum

not taken

a permit

register

Paid / Payable

earnings

Normal

199A

qualified

Capital

Section 1250

back

dates

dates

dates

per share

Enter

Dividend(1)

Dividend(2)

he won

he won(3)

Capital

04/15/21

04/26/21

05/20/21

$0.10

$0.1000

$0.1000

$0.000

$0.000

$0.000

$0.000

07/15/21

07/26/21

08/19/21

$0.10

$0.1000

$0.1000

$0.000

$0.000

$0.000

$0.000

08/27/21

07/09/21

09/29/21

$0.17

$0.1700

$0.1700

$0.000

$0.000

$0.000

$0.000

Totals:

$0.37

$0.3700

$0.3700

$0.000

$0.000

$0.000

$0.000

(1) Section 199A dividends are a subset of and included in the amount of ordinary income.

(ii) Qualified dividend is a subset of the amount of ordinary income and is included in the amount of ordinary income.

(3) Unearned Section 1250 gains are a subset of the total capital gain amount and are included therein.

For information regarding the effect on the tax basis for TRMT Shares exchanged for SEVN shares, please see Form(s) 8937 posted on the SEVN website: https://sevnreit.com/investors/stock-information/default.aspx.

SEVN’s common CUSIP number is 81784E101. This information represents the final income appropriation.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace Form 1099-DIV.

Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate finance company that creates and invests in middle market secured first mortgage loans and transitional commercial properties. SEVN is managed by Tremont Realty Capital, a subsidiary of RMR Group (Nasdaq: RMR), a leading US alternative asset manager with more than $32 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and Operation of commercial real estate. For more information on SEVN, please visit www.sevnreit.com.

Maryland real estate investment fund with convertible shares of interest listed on NASDAQ.

No shareholder, trustee or liability shall be held personally liable for any act or obligation of the Trust.

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