On June 30, 2022, New England Realty Associates Limited Partnership will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of June 15, 2022. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit. The quarterly distribution per Depositary Receipt will be $0.32.

Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit.