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

On June 18, 2020, Clipper Realty Inc. (the "Company") held its 2020 Annual Meeting of Stockholders (the "Annual Meeting"). The stockholders of the Company approved all of the proposals presented at the Annual Meeting, which are described in detail in the Company's Definitive Proxy Statement on Schedule 14A that was filed with the Securities and Exchange Commission on April 29, 2020 (the "Proxy Statement").

The following are the voting results of the proposals submitted to the Company's stockholders at the Annual Meeting:

Proposal 1: The election of the seven director nominees named in the Proxy Statement.

Director Nominee For Withheld Broker Non-Votes David Bistricer 39,049,378 1,398,664 1,919,894 Sam Levinson 38,871,508 1,576,534 1,919,894 Howard M. Lorber 36,024,936 4,423,106 1,919,894 Robert J. Ivanhoe 35,776,864 4,671,178 1,919,894 Roberto A. Verrone 38,873,130 1,574,912 1,919,894 Harmon S. Spolan 38,469,080 1,978,962 1,919,894 Richard N. Burger 40,297,755 150,287 1,919,894

Proposal 2: The ratification of the appointment of BDO USA, LLP, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2020.





   For     Against Abstain
42,358,192  6,702   3,042

Proposal 3: The approval of an amendment of the Company's 2015 Omnibus Incentive Compensation Plan to increase the number of shares of the Company's common stock issuable under the plan.





   For     Against Abstain Broker Non-Votes
40,171,554 275,388  1,100     1,919,894

Proposal 4: The approval of an amendment of the Company's 2015 Non-Employee Director Plan to increase the number of shares of the Company's common stock issuable under the plan.





   For     Against Abstain Broker Non-Votes
40,154,888 291,054  2,100     1,919,894

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