Company: SQFTP
Filing Date: 2025-04-07
Form Type: PRE 14A
Source: 0001641172-25-003040
Chunk: 28

Company: Presidio Property Trust, Inc.
Filing Date: 2025-04-07
Form: PRE 14A
Chunk 28
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| ■ | The                                                                                                                                        
 director (or an immediate family member of the director) is, or has been within the last three years, employed as an executive officer     
 of another company where any of our executives serve or served on that company’s compensation committee;                                   |
| ■ | The                                                                                                                                        
 director, or an immediate family member of the director, is currently a controlling stockholder, partner or executive officer of           
 another company that made payments to, or received payments from us or any of our subsidiaries for property or services in an amount       
 which, in any of the last three fiscal years, exceeds the greater of $200,000, or 5% of such other company’s consolidated gross            
 revenues; or                                                                                                                               |
| ■ | The                                                                                                                                        
 director (or an immediate family member of the director) was, within the last three years, an officer, director or trustee of a charitable 
 organization where our (or an affiliated charitable foundation’s) annual discretionary charitable contributions to the charitable          
 organization exceeded the greater of $200,000 or 5% of that organization’s consolidated gross revenues.                                    |

An “affiliate” includes any person beneficially owning in excess of 10% of the voting power of, or a general partner or managing member of, a company.

| 19 |

<div align='center'>Meetings and Attendance</div>

The Board met [ ] times during 2024 and the various committees of the Board met a total of [ ] times. For the 2024 fiscal year, all directors attended at least 100% of the total number of meetings of the Board and of the committees of the Board on which the director served during the year. Although the Company has no policy with regard to Board members’ attendance at the Company’s Annual Meeting, the Company expects all Board members to attend any meeting of stockholders at which stockholders are anticipated by the Company to be present. Since very few stockholders attend annual meetings, no independent director attended the 2024 Annual Meeting. To ensure free and open discussion among the independent directors of the Board, if necessary, the independent directors may meet prior to or after Board meetings, but in no event fewer than two times per year.

<div align='center'>Board Leadership Structure and Role in Risk Oversight</div>

The Board believes the combined role of Chairman and Chief Executive Officer, together with a Lead Independent Director, is in the best interests of the Company because it provides the appropriate balance between strategic development and independent oversight of management.

The Company believes the