Business Wire | Jan 18, 2022 04:15PM EST

Diversified Healthcare Trust Announces 2021 Dividend Allocation

Jan. 18, 2022

NEWTON, Mass.--(BUSINESS WIRE)--Jan. 18, 2022--Diversified Healthcare Trust (Nasdaq: DHC) today announced that the characterization of dividends for 2021 income tax reporting purposes is as follows:

Common Shares

Dividend Allocation

Per Share

Section Total Unrecaptured

Declaration Record Paid/ Dividends Ordinary 199A Qualified Capital Section 1250 Return Payable of

Dates Dates Dates Per Share Income Dividend Dividend^ Gain Gain^(3) Capital ^(1) (2)

01/14/21 01/25/ 02/18/ $0.01 $ 0.00 $ 0.00 $ 0.00 $ 0.01 $ 0.00 $ 0.00 21 21

04/15/21 04/26/ 05/20/ $0.01 $ 0.00 $ 0.00 $ 0.00 $ 0.01 $ 0.00 $ 0.00 21 21

07/15/21 07/26/ 08/19/ $0.01 $ 0.00 $ 0.00 $ 0.00 $ 0.01 $ 0.00 $ 0.00 21 21

10/14/21 10/25/ 11/18/ $0.01 $ 0.00 $ 0.00 $ 0.00 $ 0.01 $ 0.00 $ 0.00 21 21

TOTALS: $0.04 $ 0.00 $ 0.00 $ 0.00 $ 0.04 $ 0.00 $ 0.00

* Section 199A Dividends are a subset of, and included in, the Ordinary Income amount. * Qualified Dividends are a subset of, and included in, the Ordinary Income amount. * Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount. DHC's common share CUSIP number is 25525P107. This information represents final income allocations.

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

Diversified Healthcare Trust (Nasdaq: DHC) is a real estate investment trust (REIT) focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum: by care delivery and practice type, by scientific research disciplines, and by property type and location. DHC's more than $7.0 billion portfolio includes over 390 properties in 36 states and Washington, D.C., occupied by almost 600 tenants, and totaling approximately 10 million square feet of life science and medical office properties and approximately 28,000 senior living units. DHC is managed by The RMR Group (Nasdaq: RMR), a leading alternative asset management company with more than $32 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. To learn more about DHC, visit www.dhcreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq. No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

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CONTACT: Michael Kodesch, Director, Investor Relations (617) 796-8234 www.dhcreit.com