At its regular meeting on March 15, 2022, the Board of Directors of J. W. Mays, Inc., upon the recommendation of the Governance and Nominating Committee, elected Ms. Jennifer L. Caruso to the Board. Ms. Caruso has also been appointed to the Investment Advisory Committee of the Board. The Board increased its size from six to seven members and elected Ms. Caruso to fill the vacancy caused by the death of Jack Schwartz for an initial term expiring at the Annual Meeting of Shareholders to be held in November 2022.

Ms. Caruso is a practicing attorney and has been a member of the law firm Michael V. Caruso, P.C. since 2018.