Bluerock Homes Trust, Inc. announced that in connection with the Separation and the Distribution, effective as of the Effective Time, the following individuals were elected as executive officers of the Company as set forth in the table below: Jordan B. Ruddy President, Ryan S. MacDonald Chief Investment Officer, James G. Babb, III Chief Strategy Officer, Michael DiFranco Executive Vice President, Operations, Jason Emala Chief Legal Officer and Secretary. On September 26, 2022, when the Company's Registration Statement on Form 10 (File No. 001-41322), initially publicly filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 9, 2022 and subsequently amended, was declared effective, the members of the Board consisted of Jordan Ruddy.

On September 27, 2022, the day prior to the start of when-issued trading, the size of the Board expanded to consist of two directors, and I. Bobby Majumder was appointed to the Board and the Audit Committee, effective as of such date. In connection with the Separation and the Distribution, effective as of immediately prior to the Effective Time, the size of the Board expanded again to consist of five directors, and Jordan Ruddy resigned from the Board. Each of R. Ramin Kamfar, Elizabeth Harrison, Kamal Jafarnia, and Romano Tio was appointed to the Board effective as of the Effective Time.

I. Bobby Majumder remains on the Board and will continue to serve as a director of the Company. As of the effective time of their election to the Board: Each of I. Bobby Majumder, Kamal Jafarnia, and Romano Tio were appointed to serve as members of the Audit Committee of the Board and effective as of immediately prior to the Effective Time, I. Bobby Majumder was appointed Chair of the Audit Committee; Each of Romano Tio, Elizabeth Harrison, and I. Bobby Majumder were appointed to serve as members of the Compensation Committee of the Board and Romano Tio was appointed Chair of the Compensation Committee; Each of I. Bobby Majumder, Kamal Jafarnia, and Romano Tio were appointed to serve as members of the Nominating and Corporate Governance Committee of the Board and I. Bobby Majumder was appointed Chair of the Nominating and Governance Committee; and R. Ramin Kamfar was appointed Chairman of the Board.