Company: SQFTP
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001641172-25-005264
Chunk: 28

Company: Presidio Property Trust, Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 28
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 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 eight (8) times during 2024 and the various committees of the Board met a total of eight (8) 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 chosen leadership structure is the most appropriate for its size and business. Since our inception, Jack K. Heilbron has served as both Chairman of the Board and Chief Executive Officer. The Company has a Lead Independent Director, James R. Durfey. As Lead Independent Director, Mr. Durfey presides over all meetings of the Board at which the Chairman of the Board is not present, including any executive sessions of the independent directors, reviews Board meeting schedules and agendas in collaboration with the Chairman of the Board and acts as the liaison between the independent directors and the Chief Executive Officer and Chairman of