AMREP dismisses Marcum LLP, appoints Baker Tilly as auditor for FY 2023

AMREP CORP.

On Sept 12, 2022, the Audit Committee dismissed Marcum LLP as independent auditor.
Baker Tilly US, LLP was engaged as new independent registered public accounting firm.
No disagreements or reportable events occurred during past two fiscal years or interim.
No prior consultations with Baker Tilly regarding accounting or audit opinions.
Marcum's audit reports for FY 2022 and 2021 were unqualified with no adverse opinions.

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