Company: SQFTP
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001641172-25-005264
Chunk: 60

Company: Presidio Property Trust, Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 60
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 compliance with our code of ethics and conduct;                                                                                            |
| ■ | The ultimate authority                                                                                                                     
 over the appointment, retention, compensation, oversight and evaluation of the work of our independent registered public accounting        
 firm;                                                                                                                                      |

| ■ | Preparing the report that                                                                                                                 
 the SEC requires in our annual proxy statement; and                                                                                       |
| ■ | The selection, approval                                                                                                                   
 and engagement of our independent registered public accounting firm, including approving any special assignments given to the independent 
 accounting firm and reviewing:                                                                                                            |

| ■ | The independence of the                                                        
 independent registered public accounting firm;                                 |
| ■ | Any audit and non-audit                                                        
 services to be performed by the independent registered public accounting firm; |
| ■ | Our guidelines and policies                                                    
 with respect to risk assessment and risk management; and                       |
| ■ | Our compliance with legal                                                      
 and regulatory requirements.                                                   |

| 41 |

The Audit Committee operates pursuant to a written charter that is available on the Company’s website at https://presidiopt.com/corporate-governance/.

In determining whether to appoint or reappoint the independent registered public accounting firm as our independent auditor, the Audit Committee takes into consideration a number of factors, including audit fees, the expertise of the lead audit partner with respect to real estate and, specifically REITs, the length of time the firm has been engaged by us, the quality of the Audit Committee’s ongoing discussions with its independent registered public accounting firm and an assessment of the professional qualifications, external data relating to audit quality and performance, including recent Public Company Accounting Oversight Board reports relating to our independent registered public accounting firm and past performance of the firm’s lead audit partner responsible for our audit. The Audit Committee has also been involved in the selection of the lead audit partner.

<div align='center'>AUDIT COMMITTEE REPORT</div>

Management of the Company has the primary responsibility for the preparation of the financial statements as well as executing the financial reporting process, principles and internal controls. The independent registered public accounting firm is responsible for performing an audit of the Company’s financial statements and expressing an opinion as to the conformity of such financial statements with accounting principles generally accepted in the United States. The Audit Committee is responsible for assisting the Board of Directors in overseeing the conduct of these activities by the Company’s management and the independent auditors.

The Audit Committee, with respect to the audit of the Company’s 2024 consolidated financial statements, reports as follows:

| ■ 
 ■ | The Audit Committee