Company: SLND-WT
Filing Date: 2025-04-03
Form Type: PRE 14A
Source: 0001558370-25-004402
Chunk: 28

Company: Southland Holdings, Inc.
Filing Date: 2025-04-03
Form: PRE 14A
Chunk 28
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claims beneficial ownership of such shares except to the extent of his ultimate pecuniary interest therein. |

| (3) | Represents (i) 6,092,998 shares held directly by Mr. Renda; (ii) 1,560,155 shares held by the Rudolph V. Renda, Jr. 2015 Irrevocable Trust; (iii) 744,829 shares held by the Angelo Joseph Renda Trust; (iv) 744,829 shares held directly by the Lola Sofia Renda Trust; and (v) 69,446 shares held directly by the Christy Lee Renda 2015 Irrevocable Trust. With respect to the shares referenced in (ii)-(v) in this footnote, Mr. Renda disclaims beneficial ownership of such shares except to the extent of his ultimate pecuniary interest therein. |

| (4) | Represents (i) 1,906,207 shares held directly by Mr. Winn; and (ii) 1,675,863 shares held by certain 2024 Irrevocable Trusts for Mr. Winn’s children. |

| (5) | Represents (i) 641,804 shares held directly by Mr. Monahan and (ii) 2,500 shares issuable upon exercise of warrants exercisable within 60 days held directly by Mr. Monahan. |

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS In addition to the compensation arrangements with executive officers and directors as described above, the following is a description of each transaction since January 1, 2022, and each currently proposed transaction in which:

| ● | we have been or are to be a participant; |

| ● | the amount involved exceeds or will exceed the lesser of $120,000 or one percent of the average of the Company’s total assets at year end for the last two completed fiscal years; and |

| ● | any of our directors, executive officers or beneficial holders of more than 5% of our capital stock, or any immediate family member of, or person sharing the household with, any of these individuals (other than tenants or employees), had or will have a direct or indirect material interest. |

Family Relationships Frank Renda and Rudy V. Renda are first cousins.

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Certain Relationships and Related Party Transactions

Related Party Loans

On November 30, 2016, Southland issued a promissory note for the principal amount of $3.2 million to Frank S. R