Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 196

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 196
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Governance Guidelines require our board of directors to review the independence of all directors at least annually. A director is not
independent unless our board of directors affirmatively determines that he or she does not have a material relationship with us (either
directly or as a partner, director, member, stockholder or officer of an organization that has a relationship with us).

Board Role in Risk Oversight

While our Manager will be
responsible for the day-to-day management of risks faced by the company, our board of directors, as a whole and through its committees,
will have responsibility for the oversight of risk management. No less than quarterly, our entire board will review information regarding
the company’s liquidity, borrowings, operations, legal and regulatory compliance and actual and expected material developments in
our business, as well as the risks associated with each. In addition, each year the board of directors will review our investment strategies
and objectives and their continued viability, and each quarter the directors will review variances in major line items between our current
results and our budget from the prior quarter, review all significant changes to our projections for future periods and discuss risks
related to our property portfolio. The board of directors will also oversee risk management with respect to certain real estate investments
proposed by our Manager and our investment policies and procedures. The audit committee will oversee risk management in the areas of financial
reporting, internal controls and compliance with legal and regulatory requirements. The compensation committee will review and approve,
on an annual basis, the corporate goals and objectives relevant to our Chief Executive Officer’s compensation, if any, and evaluate
our Chief Executive Officer’s performance in light of such goals. The compensation committee will further review and approve, on
an annual basis, the compensation, if any, of all of our other officers, and also administer our incentive compensation equity-based plans,
if any. The nominating and corporate governance committee will be responsible for identifying and recommending to our full board of directors
qualified candidates for election as directors, developing and recommending to our board of directors our Corporate Governance Guidelines,
and implementing and monitoring such guidelines. Although the audit committee, compensation committee and nominating and corporate governance
committee will be responsible for evaluating certain risks and overseeing the management of such risks, the entire board of directors
will be regularly informed through reporting by each such committee about such risks.

Nomination of Directors

Our nominating and corporate
governance committee, which consists of three of our independent directors, has adopted a nominating and corporate governance committee