Company: OLP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001140361-25-013961
Chunk: 47

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 47
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 will have the opportunity to make a statement if he or she desires to do so and will be available to respond to appropriate questions. We are not required to have our stockholders ratify the selection of E&Y as our independent registered public accounting firm. We are doing so because we believe it is good corporate practice. If the stockholders do not ratify the selection, the audit committee will reconsider whether or not to retain E&Y, but may, in its discretion, decide to retain such firm. Even if the selection is ratified, the audit committee, in its discretion, may change the appointment at any time during the year if it determines that such a change would be in our and our stockholders’ interests. THE BOARD OF DIRECTORS RECOMMENDS THAT STOCKHOLDERS VOTE FOR RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025. Audit and Other Fees The following table presents E&Y’s fees for the services and years indicated:

|                    |     |     2024 |     |     2023 |
| Audit fees(1)      |     | $899,800 |     | $842,500 |
| Audit-related fees |     |        — |     |        — |
| Tax fees(2)        |     |   19,000 |     |   18,400 |
| All other fees     |     |        — |     |        — |
| Total fees         |     | $918,800 |     | $860,900 |

| (1) | Includes fees for audit services and related expenses associated with the annual audit of our consolidated financial statements, including reviews of our quarterly reports, comfort letters, consents, review of documents filed with the SEC. |

| (2) | Tax fees consist of fees for certain tax compliance services and tax advice. |

The audit committee has concluded that the provision of non-audit services listed above is compatible with maintaining the independence of E&Y. Pre-Approval Policy for Audit and Non-Audit Services The audit committee must pre-approve all audit and non-audit services involving our independent registered public accounting firm. In addition to the audit work necessary for us to file required reports under the Exchange Act ( i.e., Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K), our independent registered public accounting firm may perform non-audit services, other than those prohibited by the Sarbanes-O