Company: CLPR
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001437749-25-013840
Chunk: 5

Company: Clipper Realty Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 5
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ittance. Authorizing a proxy in response to this solicitation will not affect a stockholder’s right to attend the Annual Meeting and to vote in person. Please note that if you hold your shares in “street name” (that is, through a broker, bank or other nominee), you will need to provide proof of beneficial ownership as of April 30, 2025, such as a copy of a brokerage statement reflecting your stock ownership as of April 30, 2025, or a voting instruction form provided by your broker, banker or other nominee, or other similar evidence of ownership, as well as your photo identification, to gain admittance to the Annual Meeting.

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What is the purpose of the Annual Meeting?

At the Annual Meeting, you may consider and vote on:

| (1) | the election of seven directors; |

| (2) | the ratification of the appointment of PKF O’CONNOR DAVIES, LLP, as our independent registered public accounting firm for the fiscal year ending December 31, 2025; |

| (3) | the approval of the 2025 Omnibus Incentive Compensation Plan; |

| (4) | the approval of the 2025 Non-Employee Director Plan; and |

| (5) | any other business properly introduced at the Annual Meeting. |

What are the Board’s recommendations?

The Board recommends a vote:

| ● | “FOR” the election of each director nominee named in this Proxy Statement (see Proposal No. 1); |

| ● | “FOR” the approval of the 2025 Omnibus Incentive Compensation Plan (see Proposal No. 3); and |

| ● | “FOR” the approval of the 2025 Non-Employee Director Plan (see Proposal No. 4). |

Unless you give other instructions on your proxy card, the persons named as proxy holders on the proxy card will vote in accordance with the recommendations of the Board as noted immediately above, and in their discretion on any other business properly introduced at the Annual Meeting.

Who may vote?

You may vote if you owned shares of our common stock or special voting stock of record at the close of business on April 30, 2025, which is the record date for the Annual Meeting. As of April 30, 2025, we had 16,146,546 shares of common stock and 26,317,396 shares of special voting stock outstanding, for an aggregate of