Item 5.07 Submissions of Matters to a Vote of Security Holders

On August 24, 2022, Gyrodyne, LLC (the "Company") held its 2022 annual meeting of shareholders (the "Annual Meeting"). The shareholders considered three proposals. Of the 1,482,680 shares of the Company's common stock outstanding and eligible to vote at the Annual Meeting, 1,270,616 shares, or 85.70% of the eligible common stock, were present either in person or represented by proxy. Set forth below are the results of the matters submitted for a vote at the Annual Meeting.

Proposal No. 1: Election of two (2) directors to serve for a term of three years, and until their respective successors shall have been duly elected and qualified. The votes were cast as follows:



    DIRECTOR       FOR        WITHHOLD       BROKER
                                            NON-VOTE


  Paul L. Lamb   443,666      576,900       249,960


Richard B. Smith 446,127       574,529      249,960

Proposal No. 2: Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers, as disclosed in the definitive proxy statement. The votes were cast as follows:

FOR AGAINST ABSTAIN BROKER


                        NON-VOTE


434,230 586,424    2    249,960

Proposal No. 3: Ratification of the engagement of Baker Tilly US, LLP as independent public accounting firm for the 2022 fiscal year. The votes were cast as follows:



   FOR    AGAINST ABSTAIN


1,141,119 119,894  9,603

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses