On March 21, 2022, Casey R. Wold notified the board of directors of CTO Realty Growth, Inc. that he will not stand for reelection to the Board at the Company's 2022 annual meeting of stockholders (the Annual Meeting"). Accordingly, his term as director will expire at the Annual Meeting and the size of the Board will thereupon be reduced from seven directors to six directors. Mr. Wold's decision not to stand for reelection was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.