Cash distributions are paid on the 15th of the month (or the next business day) for the preceding month to unitholders of record on the last business day of the preceding month. If necessary an extra distribution will be declared on December 31 each year such that the REIT will not be liable for tax that year.

Northwest suspended its Distribution Reinvestment Plan (“DRIP”) on June, 7 2023 (June 2023 distribution, July 17, 2023 payment date). Northwest reinstated the DRIP on December 15, 2023 (December 2023 distribution, January 15, 2024 payment date). Unitholders that were enrolled in the DRIP at the time of its suspension and remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP.