On April 9, 2024, Erez Asset Management LLC announced that it has sent a letter to shareholders of Whitestone REIT, stating that it has filed a proxy statement with Securities and Exchange Commission, soliciting the votes of Company?s shareholders for the election of 2 candidates Catherine Clark and Bruce Schanzer to the Company's Board of directors and withhold vote from David Taylor and Nandita Berry, at the 2024 annual meeting of shareholders. In addition, in its letter Erez Asset Management stated in its view the Company owns a portfolio of shopping center assets in attractive and growing markets, and despite the quality of its assets, Company has significantly underperformed its peers and its stock trades at a discount to its net asset value. Further, Erez Asset Management requested the shareholders of the Company to elect its 2 nominees who have the experience, expertise, and independence to help Company's management team make better decisions, develop a strategy to narrow the trading discount of the Company's stock, and drive long-term value of shareholders and all stakeholders.