KIERNAN CONWAY - Corporate Board Profile

UMH PROPERTIES, INC.

Filing Date	Source Excerpt
2022-04-01	Kiernan Conway* Age 59 Director Nominee. Principal and Research Director for Red Shoe Economics, LLC (2020 to present). Chief Economist of the CCIM (Certified Commercial Investment Member) (2017 to present). Institute Instructor at Federal Financial Institutions Examination Council (FFIEC) (2008 to present). Director of Monmouth Real Estate Investment Corporation (2018 to 2022). Director of Research and Corporate Engagement of the Alabama Center for Real Estate (2017-2020). Senior Vice-President of Credit Risk Management for Sun Trust in Atlanta, GA (2014-2017). Prior affiliations with Federal Reserve in Atlanta, GA, South Trust Bank, Colliers International, Cushman and Wakefield, Equitable Real Estate, Wells Fargo Bank and Deloitte. Mr. Conway’s extensive experience as an economist with expertise in real estate, real estate finance and logistics are the primary reasons, among others, why Mr. Conway has been nominated to serve on our Board. Director Since N/A No compensation listed as nominee.
2023-03-31	The current members of the Company’s Audit Committee are Jeffrey A. Carus, Kiernan Conway, Stuart D. Levy, and Kenneth K. Quigley, Jr. (who serves as the Chairman of the Audit Committee). The Board has determined that each member of the Audit Committee is “independent” as defined by the rules of the SEC and the listing standards of the NYSE, is able to read and understand fundamental financial statements, is “financially literate” within the meaning of the rules of the NYSE and is an “audit committee financial expert” within the meaning of the rules of the SEC. The Audit Committee had five meetings during the year ended December 31, 2022, including an executive session with the independent registered public accounting firm, which management did not attend. The Audit Committee operates under the Audit Committee Charter which can be found under the “Governance” tab of the Company’s investor website: www.umh.reit. During 2022, non-employee directors received a fixed annual cash retainer of $50,000, an annual equity retainer to a fixed dollar amount of $50,000 and the Presiding Director was awarded an annual cash retainer of $10,000. Directors who also served as Named Executive Officers for UMH were no longer entitled to any compensation for serving on the board. All meeting fees were eliminated and replaced with the following: Audit committee chairperson: $20,000 Compensation committee chairperson: $15,000 Nominating and corporate governance committee chairperson: $10,000 Cybersecurity subcommittee chairperson: $5,000 Committee member retainer: $5,000 in lieu of meeting fees Subcommittee member retainer: $2,500 in lieu of meeting fees. The table below sets forth a summary of compensation received by the Company’s non-employee directors for the year ended December 31, 2022: Kiernan Conway 35,000 2,500 49,998 87,498
2024-04-05	Kiernan Conway, 61, Independent Director. Founding Principal and Owner for KC-nomics, LLC (2023-present).
2025-04-04	Kiernan Conway, 62, Independent Director. Founding Principal and Owner for KC-nomics, LLC, an economic forecasting and research firm (2023-present). Principal and Research Director for Red Shoe Economics, LLC (2020 to 2023). Chief Economist of the CCIM (Certified Commercial Investment Member) (2017 to 2023). Institute Instructor at Federal Financial Institutions Examination Council (FFIEC) (2008 to present). Director of Monmouth Real Estate Investment Corporation (2018 to 2022). Director of Research and Corporate Engagement of the Alabama Center for Real Estate (2017-2020). Prior affiliations with Federal Reserve in Atlanta, GA, South Trust Bank, Colliers International, Cushman and Wakefield, Equitable Real Estate, Wells Fargo Bank and Deloitte. Mr. Conway’s extensive experience as an economist with expertise in real estate, real estate finance and logistics are the primary reasons, among others, why Mr. Conway has been nominated to serve on our Board. He serves on the Compensation Committee, Nominating and Corporate Responsibility Committee, Sustainability Subcommittee and Retirement Plan Committee. Total compensation for 2024 was $161,176.