On June 16, 2020, Pillarstone Capital REIT (the “Company”) held its 2020 Annual Meeting of Shareholders (the “Annual Meeting”). The shareholders voted on each of the three proposals presented, which are described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 7, 2020 (the “Proxy Statement”). The shareholders cast their votes as described below.

Proposal No. 1

The Company’s shareholders elected to the Board of Trustees two Class III trustees, to serve a three-year term ending at the annual meeting of shareholders in 2023, as set forth below:

Proposal No. 2

The Company’s shareholders approved on an advisory, non-binding basis, the executive officer compensation of the Company’s named executive officers as described in the Proxy Statement, as set forth below:

Proposal No. 3

The Company’s shareholders ratified the appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s independent auditors for the fiscal year ending December 31, 2020 as set forth below:

About Pillarstone Capital REIT (OTCMKTS:PRLE)

Pillarstone Capital REIT, formerly Paragon Real Estate Equity and Investment Trust, is a shell company. The Company is a real estate investment trust (REIT). The Company focuses on maintaining its trust existence and Securities and Exchange Commission (SEC) reporting history to enable it in the future to raise additional capital and make real estate investments. The Company focuses on making real estate investments, which include acquisition and development of retail, office, office warehouse, industrial, multifamily, hotel, and other commercial properties; acquisition of or merger with a REIT or a real estate operating company, and joint venture investments. The Company focuses on investing its excess funds in marketable securities of other real estate companies. The Company has not generated any revenues.