Item 5.07. Submission of Matters to a Vote of Security Holders

On June 27, 2022, Pillarstone Capital REIT (the "Company") held its 2022 Annual Meeting of Shareholders (the "Annual Meeting"). The shareholders voted on each of the five proposals presented, which are described in more detail in the Company's Definitive Proxy Statement on Schedule A14A filed with the Securities and Exchange Commission on May 9, 2022 (the "Proxy Statement"). The shareholders cast their votes as described below.

Proposal No. 1: Election of Trustee

The Company's shareholders elected to the Board of Trustees one Class I trustee, to serve a three-year term ending at the annual meeting of shareholders in 2025, as set forth below:

Election of Trustee by Shareholders For Withheld Broker Non-Votes James C. Mastandrea

                 2,757,686   589         99,147

Proposal No. 2: Adopt and Approve the Company's Shareholder Rights Plan

The Company's shareholders adopted and approved the Shareholder Rights Plan as set forth below:



   For    Against Abstain Broker Non-Votes
2,757,710   138     427        99,147

Proposal No. 3: Advisory Vote on Executive Compensation

The Company's shareholders approved on an advisory, non-binding basis, the executive officer compensation of the Company's named executive officers described in the Proxy Statement, as set forth below:



   For    Against Abstain Broker Non-Votes
2,757,336   207     732        99,147

Proposal No. 4: Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation

The Company's shareholders approved on an advisory, non-binding basis, the frequency to cast an advisory, non-binding vote on the compensation of the Company's named executive officers, as set forth below:



1 Year 2 Years  3 Years  Abstain Broker Non-Votes
29,237   305   2,728,306   427        99,147

Following the Annual Meeting, the Board of Trustees determined, consistent with the vote of the Company's shareholders and in accordance with the Board of Trustees' recommendation, that the Company will continue to hold future advisory votes on the compensation of the Company's named executive officers every three years, the next such vote to occur in 2025, and until the next required vote on the frequency of such advisory votes is presented to shareholders in 2028.

Proposal No. 5: Ratification of the Appointment of the Independent Registered Public Accounting Firm

The Company's shareholders ratified the appointment of Pannell Kerr Forster of Texas, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022 as set forth below:



   For    Against Abstentions
2,856,073   922       427

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