Central Securities Corporation declared a distribution of $2.25 per share on its Common Stock. The dividend is payable December 22, 2022 to stockholders of record on November 14, 2022. The distribution will be paid in additional shares of stock unless stockholders elect to receive the distribution in cash.

The cut-off date for election of cash is December 1, 2022 (the “Cut-Off Date”). Stockholders who own their shares in brokerage accounts should make the election with their broker.