On December 21, 2023, the board of directors of ACRES Commercial Realty Corp. increased the number of directors on the Board from nine to ten, and appointed David J. Bryant as a member of the Board effective January 1, 2024. Mr. Bryant, age 65, has been the Company?s Senior Vice President, Chief Financial Officer and Treasurer since June 2006 through his planned retirement effective on December 31, 2023, and was the Company?s Chief Accounting Officer from 2006 to 2014.

From 2005 to 2006 Mr. Bryant served as Senior Vice-President, Real Estate Services, at Pennsylvania Real Estate Investment Trust (?PRET?), a REIT principally engaged in owning, managing, developing and leasing malls and strip centers in the eastern United States. From 2000 to 2005, Mr. Bryant served as PRET?s Senior Vice President-Finance and Treasurer, and was its principal accounting officer. Prior to that time, Mr. Bryant was Vice President-Finance and Controller at PRET and its predecessor, The Rubin Organization.

Mr. Bryant serves as chairman of the board of the Freire charter schools in Philadelphia, Pennsylvania. Mr. Bryant is a non-active certified public accountant.