Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 22

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 22
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 1, and October 1); • the additional cash compensation payable to the chairperson of each of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee remain unchanged as follows: • the chairperson of the Audit Committee receives an additional cash compensation of $7,500 per year, payable in equal quarterly installments of $1,875 on the first day of each calendar quarter ( i.e., January 1, April 1, July 1, and October 1); • the chairperson of the Compensation Committee receives an additional cash compensation of $5,000 per year, payable in equal quarterly installments of $1,250 on the first day of each calendar quarter ( i.e., January 1, April 1, July 1, and October 1); • the chairperson of the Nominating and Corporate Governance Committee receives an additional cash compensation of $2,500 per year, payable in equal quarterly installments of $625 on the first day of each calendar quarter ( i.e., January 1, April 1, July 1, and October 1); • each non-employee director has the option to elect to receive an additional cash compensation of $20,000 payable in a lump sum (the “Cash Option”) or a grant of fully vested Common Shares with a grant date value of $20,000 based on the fair market value of our Common Shares on the date he or she is re-elected to serve on the Board; and • the non-employee director serving on our Loan Approval Committee receives an additional cash compensation of $10,000 per year, payable in equal quarterly installments of $2,500 on the first day of each calendar quarter ( i.e., January 1, April 1, July 1, and October 1). John L. Villano, an executive officer as well as a director, does not receive compensation in connection with his position as a member of the Board. Jeffery C. Walraven, our Interim Chief Financial Officer and a director, does not receive any compensation for his Board service so long as he is serving as Interim Chief Financial Officer. 14

The following table provides compensation information for the year ended December 31, 2024 for each of the non-employee directors. The table excludes Mr. Villano, who is a Named Executive Officer of the company and did not receive any additional compensation for his service as a director in 2024. The compensation received by Mr.