Company: CMCT
Filing Date: 2025-04-30
Form Type: 10-K/A
Source: 0000908311-25-000030
Chunk: 26

Company: Creative Media & Community Trust Corp
Filing Date: 2025-04-30
Form: 10-K/A
Chunk 26
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.....         |     | $20,000 |

The annual Board retainer and the annual Audit Committee chairman retainer are payable quarterly in advance. No separate retainer is paid for an independent director’s serving as chair of the Compensation Committee or the Nominating and Corporate Governance Committee.

On an annual basis, each director is expected to receive restricted shares of Common Stock valued at $55,000 on the date of grant (based on the closing price of our Common Stock on the date of the grant). These shares vest on the anniversary of the grant if the grantee continues to serve as a director of the Company at such time.

The compensation arrangement for each independent director in 2025 is expected to be substantially the same as the annualized compensation arrangement for the independent directors in 2024, which is set forth in the table below:

#### Director Compensation in 2024
The following table sets forth certain information with respect to our director compensation during the fiscal year ended December 31, 2024:

| Name             |     | Fees Earned 
 or Paid in  
 Cash        |        |     | ShareAwards(1) |        |     | Total |     |
|:-----------------|:----|:------------|-------:|:----|:---------------|-------:|:----|:------|----:|
| Douglas Bech     |     | $           | 55,000 |     | $              | 54,786 |     | $     | 108 |
| John Hope Bryant |     | $           | 55,000 |     | $              | 54,786 |     | $     | 108 |
| Marcie Edwards   |     | $           | 55,000 |     | $              | 54,786 |     | $     | 108 |
| Elaine Wong      |     | $           | 75,000 |     | $              | 54,786 |     | $     | 108 |

___________________

(1) Represents the grant date fair value of the restricted shares or share options, as the case may be, for purposes of ASC Topic 718, Compensation—Stock Compensation. Each of Mr. Bech, Mr. Bryant, Ms. Edwards and Ms. Wong received a grant of 108 restricted shares of Common Stock on August 6, 2024. The grant date fair value of the restricted shares is based on the per share closing price of our Common Stock on August 6, 2024, which