On July 2, 2024, Safe and Green Development Corporation held its 2024 Annual Meeting of Stockholders, where several key proposals were voted upon. The stockholders elected Paul Galvin, Christopher Melton, and Jeffrey Tweedy as Class I Directors for a three-year term. Additionally, the selection of MK CPAS PLLS as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified. A significant amendment to the Company's Amended and Restated Certificate of Incorporation was approved, allowing a reverse stock split at a ratio to be determined by the Board of Directors. Furthermore, the issuance of up to 9,014,546 shares of Common Stock pursuant to a securities purchase agreement with Peak One Opportunity Fund, L.P., was authorized, in compliance with Nasdaq listing rules. The stockholders also approved the potential adjournment of the Annual Meeting to a later date if necessary, which ultimately was not required due to the approval of the aforementioned proposals.

On July 2, 2024, Safe and Green Development Corporation held its 2024 Annual Meeting of Stockholders, where several key proposals were voted upon. The stockholders elected Paul Galvin, Christopher Melton, and Jeffrey Tweedy as Class I Directors for a three-year term. Additionally, the selection of MK CPAS PLLS as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified. A significant amendment to the Company's Amended and Restated Certificate of Incorporation was approved, allowing a reverse stock split at a ratio to be determined by the Board of Directors. Furthermore, the issuance of up to 9,014,546 shares of Common Stock pursuant to a securities purchase agreement with Peak One Opportunity Fund, L.P., was authorized, in compliance with Nasdaq listing rules. The stockholders also approved the potential adjournment of the Annual Meeting to a later date if necessary, which ultimately was not required due to the approval of the aforementioned proposals.