Bluerock Homes issues 22,252 C-LTIP Units to executives in lieu of cash compensation

Bluerock Homes Trust, Inc.

Issued 22,252 C-LTIP Units (value $210,000) to Manager for Q4 2025 base management fee.
15,894 units ($150,000) directed to CEO R. Ramin Kamfar; 6,358 units ($60,000) to President Jordan Ruddy.
Units represent 80% of each executive's base salary for Q4 2025, fully vested upon issuance.
Units may convert to OP Units, then redeemable for cash or Class A common stock after one year.
Issuance exempt from registration under Section 4(a)(2) and Regulation D to accredited investors.

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