Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 304

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 304
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Under the MGCL, a Maryland
corporation generally is not entitled to dissolve, amend its charter, merge or consolidate with, or convert into another entity, sell
all or substantially all of its assets or engage in a statutory share exchange unless the action is declared advisable by the board of
directors and approved by the affirmative vote of stockholders entitled to cast at least two-thirds of the votes entitled to be cast on
the matter, unless a greater or lesser percentage (but not less than a majority of all of the votes entitled to be cast on the matter)
is specified in the corporation’s charter. Our charter provides for a majority vote in these situations. Our Operating Partnership
has a perpetual existence.

Advance Notice of Director Nominations and New Business

Our bylaws provide that with
respect to an annual meeting of stockholders, nominations of individuals for election to the board of directors and the proposal of business
to be considered by stockholders may be made only (1) pursuant to our notice of the meeting, (2) by or at the direction of
the board of directors, or (3) by any stockholder who is a stockholder of record at the record date for the meeting set by the board
of directors for the purpose of determining stockholders entitled to vote at the annual meeting, at the time of giving the advance notice
required by our bylaws and at the time of the meeting (and any adjournment or postponement thereof), who is entitled to vote at the meeting
in the election of each individual so nominated or on such other business and who has complied with the advance notice procedures of
the bylaws.

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With respect to special meetings
of stockholders, only the business specified in our notice of the meeting may be brought before the meeting. Nominations of individuals
for election to the board of directors at a special meeting may be made only (1) by or at the direction of the board of directors,
or (2) provided that the special meeting has been called in accordance with our bylaws for the purpose of electing directors, by
any stockholder who is a stockholder of record at the record date for the meeting set by the board of directors for the purpose of determining
stockholders entitled to vote at the special meeting, at the time of giving the advance notice required by our bylaws and at the time
of the meeting (and any adjournment or postponement thereof), who is entitled to vote at