Sachem Capital (SACH) Proxy Filing summary

Executive summary

• The 2024 Annual Meeting will be held virtually on October 1, 2024, with shareholders able to vote online, by phone, mail, or during the meeting.

• Key proposals include electing five directors, approving the independent auditor, a say-on-pay vote, and a vote on the frequency of future say-on-pay votes.

• Shareholders of record as of August 27, 2024, are entitled to vote; a majority of outstanding shares is required for quorum.

• Proxy materials and the annual report are available online for shareholder review.

Voting matters and shareholder proposals

• Proposals: elect five directors, approve Hoberman & Lesser CPA's, LLP as auditor, advisory vote on executive compensation, and advisory vote on frequency of say-on-pay (Board recommends every three years).

• Shareholders may submit proposals for the 2025 meeting by May 1, 2025, and must follow universal proxy rules for director nominations.

• Voting can be done via internet, phone, mail, or during the virtual meeting; broker non-votes apply to non-routine matters.

Board of directors and corporate governance

• Board consists of five members, four of whom are independent; all standing committees are composed entirely of independent directors.

• Recent board refreshment added Jeffery C. Walraven in August 2024, bringing additional real estate and capital markets expertise.

• Board leadership structure combines Chairman and CEO roles, currently held by John L. Villano.

• Board succession planning and governance practices are regularly reviewed and updated.

• Code of ethics applies to directors and key officers and is available on the company website.