Item 5.07 Submission of Matters to a Vote of Security Holders

On December 16, 2021, Lightstone Value Plus REIT III, Inc. (the "Company") held its annual meeting of stockholders. A total of 6.8 million shares of the Company's common stock outstanding and entitled to vote were represented at the meeting in person or by proxy, representing approximately 51.2% of the total number of shares entitled to vote at the meeting.

The matter submitted to the stockholders for a vote was the election of three directors to serve until the 2022 annual meeting of stockholders and until their successors are duly elected and qualify.

The following table sets forth the results of voting on this matter:





                                                                                  Number of
                                                                                    Votes
                                                                Number of         AGAINST/
Matter:                                                         Votes FOR         WITHHOLD
Election of Directors:

David Lichtenstein (Director)                                     6,264,812           502,242

George R. Whittemore (Independent Director)                       6,281,140           485,914

Yehuda "Judah" L. Angster (Independent Director)                  6,220,178           546,876

All of the director nominees were elected.





                                     - 2 -

© Edgar Online, source Glimpses