On January 11, 2022, Joseph C. Bencivenga informed the board of directors of Broad Street Realty, Inc. of his resignation as a member of the Board, effective immediately. Mr. Bencivenga's resignation was not the result of any disagreements with the Company. Mr. Bencivenga also served as a member of the Nominating and Corporate Governance Committee of the Board.

Appointment of Donna Brandin as a Member of the Board of Directors On January 12, 2022, the Board appointed Donna Brandin as a member of the Board, effective immediately, to fill the vacancy created by the resignation of Mr. Bencivenga. Ms. Brandin will serve until the Company's 2022 annual meeting of stockholders or until her successor is duly elected and qualifies. The Board affirmatively determined that Ms. Brandin is independent within the meaning of the OTCQX Rules for U.S. Companies.

Ms. Brandin has not been named to any Board committees at this time. Ms. Brandin serves on the board of directors of Nuveen Global Cities REIT, Inc., a public, non-listed real estate investment trust (“REIT”), where she serves as the chairperson of the Audit Committee. Ms. Brandin also serves on the board of directors of Cion Man Residential REIT, Inc., a non-public REIT, where she serves as the chair of the Audit Committee.

From April 2008 to June 2018, she served as the Executive Vice President, Chief Financial Officer and Treasurer of the Lightstone Group. In addition, during this time period she served as Chief Financial Officer, Treasurer and Principal Accounting Officer of five public, non-listed REITs sponsored by the Lightstone Group. From October 2014 to June 2018, Ms. Brandin served as a director of Lightstone Enterprises Limited.

From October 2019 to October 2021, Ms. Brandin served on the strategic advisory board of eResi for Prominent NYC Family Office, a company focused on launching investment products based on a technology efficient platform. From July 2019 to May 2021.