AMREP awards CEO $150k bonus and 7,200 restricted shares; salary raised to $375k

AMREP CORP.

CEO Vitale awarded $150k cash bonus + 7,200 restricted shares vesting over 3 years; salary raised to $375k.
VP Finance Uleau awarded $55k cash bonus + 1,890 restricted shares vesting over 3 years; salary raised to $180k.
Both awards under 2016 Equity Plan; vesting contingent on continued employment.
Bylaws amended effective July 19, 2024 for technical and administrative changes.

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