On March 30, 2022, the board of directors of FRP Holdings, Inc. unanimously voted to expand the size of the board of directors by two seats and to elect Nicole Thomas and John Surface to fill the vacant seats, effective April 1, 2022. Nicole B. Thomas, FACHE, is the hospital president of Baptist Medical Center Jacksonville. Prior to joining Baptist Health, she was assistant vice president of Physician Operations for St.

Luke's Episcopal Health System in Houston. John Surface is the Chief Executive Officer of Covius Services and a member of the board of directors of Covius Holdings, Inc. Mr. Surface previously had an 18-year tenure at EverBank Financial Corp, where he served as Senior Executive Vice President. Mr. Surface will serve on the Audit Committee, the ESG and Governance Committee and the Compensation Committee of the board of directors.