CENTERSPACE 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Sales of Securities On March 31, 2025, we issued 400 unregistered common shares to limited partners of Centerspace, LP upon exercise of their Exchange Rights for an equal number of Units. All such issuances of our common shares were exempt from registration as private placements under Section 4(a)(2) of the Securities Act. We have registered the resale of such common shares under the Securities Act. 32 Table of Contents Issuer Purchases of Equity Securities Maximum Dollar Total Number of Shares Amount of Shares That Total Number of Average Price Purchased as Part of May Yet Be Purchased Shares and Units Paid per Publicly Announced Under the Plans or Period Purchased (1) Share and Unit (2) Plans or Programs Programs (3) January 1 - 31, 2025 — $ — — $ 4,713,230 February 1 - 28, 2025 — — — 4,713,230 March 1 - 31, 2025 — — — — Total — $ — — (1) Includes Units redeemed for cash pursuant to the exercise of exchange rights. (2) Amount is based on market prices and includes commissions paid. (3) On March 10, 2022, the board authorized a new $50.0 million share repurchase program. This program expired on March 10, 2025. Item 3. Defaults Upon Senior Securities None Item 4. Mine Safety Disclosures Not Applicable