Review queue — flagged extraction decisions

Each section shows one table with flagged decisions: the table as printed, the extraction output with the flagged cells highlighted — red where the page contradicts the output (defect), gold where the output could not be verified against the page (unverified), green where the extraction added a conventional label the page does not print (total_label_added / header_label_added) — and the reasoning recorded for each. Printed text that reached no output cell is listed as 'header_text_dropped'.

529b0f1e2c2c0650-p6-t1: Consolidated Balance Sheets

As printed (page 6)

Extraction output (red = defect, gold = unverified, green = added label)

Item	June 30, 2026	December 31, 2025
	(unaudited)	(audited)
Assets
Cash and cash equivalents	$ 28,819	$ 10,924
Investment securities (at fair value)	803	936
Loans held for investment (net of deferred loan fees of $1,753 and $2,230)	335,804	375,188
Allowance for credit losses	(13,491)	(11,510)
Loans held for investment, net	322,313	363,678
Interest and fees receivable (net of allowance of $1,233 and $2,598)	3,975	4,116
Due from borrowers (net of allowance of $2,043 and $1,084)	4,413	6,978
Real estate owned (net of impairment of $1,028 and $1,110)	20,968	16,402
Investments in limited liability companies	34,237	39,132
Investments in developmental real estate, net	45,536	9,719
Property and equipment, net	3,043	3,160
Other assets	8,793	5,002
Total assets	$ 472,900	$ 460,047
Liabilities and Shareholders' Equity
Liabilities:
Notes payable (net of deferred financing costs of $1,213 and $1,905)	$ 172,041	$ 171,349
Senior secured notes payable (net of deferred financing costs of $3,152 and $3,427)	96,848	86,573
Mortgage payable	873	917
Lines of credit	36,500	19,000
Accounts payable and accrued liabilities	4,727	3,255
Advances from borrowers	3,119	4,016
Total liabilities	314,108	285,110
Commitments and Contingencies - Note 14
Shareholders' equity:
Preferred shares - $0.001 par value; 5,000,000 shares authorized; 3,332,000 shares designated as Series A Preferred Stock; 2,312,758 shares of Series A Preferred Stock issued and outstanding at June 30, 2026 and December 31, 2025, respectively	2	2
Common Shares - $0.001 par value; 200,000,000 shares authorized; 47,954,632 and 47,684,955 issued and outstanding at June 30, 2026 and December 31, 2025, respectively	48	48
Additional paid-in capital	258,332	257,905
Cumulative net earnings	30,372	41,826
Cumulative dividends paid	(129,962)	(124,844)
Total shareholders' equity	158,792	174,937
Total liabilities and shareholders' equity	$ 472,900	$ 460,047

Flagged decisions

• (0,0) header_label_added 'Item': The table header row shows only the date columns (June 30, 2026 and December 31, 2025) with no label printed above the first column of item names.
• (16,0) defect 'Liabilities and Shareholders' Equity': The page prints 'Liabilities and Shareholders' Equity' as a section heading at this position.
• (26,0) defect 'Shareholders' equity:': The page prints 'Shareholders' equity:' as a section heading at this position.
• (32,0) defect 'Total shareholders' equity': The page prints 'Total shareholders' equity' as a row label at this position.
• (33,0) defect 'Total liabilities and shareholders' equity': The page prints 'Total liabilities and shareholders' equity' as a row label at this position.

529b0f1e2c2c0650-p7-t1: SACHEM CAPITAL CORP.

As printed (page 7)

Extraction output (red = defect, gold = unverified, green = added label)

Item	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Interest income from loans	$ 7,252	$ 7,482	$ 16,006	$ 15,370
Interest income from limited liability company investments	750	859	1,608	2,801
Interest expense and amortization of deferred financing costs	(6,328)	(6,139)	(12,387)	(12,233)
Net interest income	1,674	2,202	5,227	5,938
Provision for credit losses related to loans held for investment	(2,551)	(925)	(7,923)	(1,977)
Change in valuation allowance related to loans held for sale	—	1,043	—	1,047
Net interest (loss) income after provision for credit losses related to loans held for investment and changes in valuation allowance related to loans held for sale	(877)	2,320	(2,696)	5,008
Other income
Fee income from loans	1,146	1,771	2,438	3,196
Income from limited liability company investments	71	119	176	229
Other investment income	4	12	7	17
Gain (loss) on equity securities	7	821	(133)	696
Other income	134	532	277	604
Total other income	1,362	3,255	2,765	4,742
Operating expenses
Compensation and employee benefits	(1,937)	(1,821)	(4,075)	(3,592)
General and administrative expenses	(1,450)	(1,304)	(3,413)	(2,659)
Transaction expenses	(2,567)	—	(4,175)	—
Impairment loss on real estate	(288)	—	(191)	—
Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net	475	131	671	131
Other expenses	(95)	(694)	(340)	(839)
Total operating expenses	(5,862)	(3,688)	(11,523)	(6,959)
Net (loss) income	(5,377)	1,887	(11,454)	2,791
Preferred stock dividends	(1,120)	(1,118)	(2,240)	(2,235)
Net (loss) income attributable to common shareholders	$ (6,497)	$ 769	$ (13,694)	$ 556
Basic and diluted (loss) income per common share	$ (0.14)	$ 0.02	$ (0.29)	$ 0.01
Basic and diluted weighted average number of common shares outstanding	47,281,931	46,875,187	47,230,349	46,830,215

Flagged decisions

• (0,0) header_label_added 'Item': The leftmost column of the table has no printed header; the first row contains row labels like 'Interest income from loans' that begin the data rows.

529b0f1e2c2c0650-p9-t1: SACHEM CAPITAL CORP.

As printed (page 9)

Extraction output (red = defect, gold = unverified, green = added label)

Description	Preferred Shares Shares	Preferred Shares Amount	Common Shares Shares	Common Shares Amount	Additional Paid in Capital	Cumulative Net Earnings	Cumulative Dividends Paid	Totals
FOR THE SIX MONTHS ENDED JUNE 30, 2026
Balance, January 1, 2026	2,312,758	$ 2	47,684,955	$ 48	$ 257,905	$ 41,826	$ (124,844)	$ 174,937
Stock-based compensation, less shares forfeited	—	—	269,677	—	427	—	—	427
Dividends paid on Series A Preferred Stock	—	—	—	—	—	—	(2,240)	(2,240)
Dividends paid on Common Shares	—	—	—	—	—	—	(2,878)	(2,878)
Net loss	—	—	—	—	—	(11,454)	—	(11,454)
Balance, June 30, 2026	2,312,758	$ 2	47,954,632	$ 48	$ 258,332	$ 30,372	$ (129,962)	$ 158,792
FOR THE SIX MONTHS ENDED JUNE 30, 2025
Balance, January 1, 2025	2,306,748	$ 2	46,965,306	$ 47	$ 256,956	$ 35,518	$ (110,872)	$ 181,651
Stock-based compensation, less shares forfeited	—	—	344,833	—	428	—	—	428
Dividends paid on Series A Preferred Stock	—	—	—	—	—	—	(2,235)	(2,235)
Dividends paid on Common Shares	—	—	—	—	—	—	(4,728)	(4,728)
Net income	—	—	—	—	—	2,791	—	2,791
Balance, June 30, 2025	2,306,748	$ 2	47,310,139	$ 47	$ 257,384	$ 38,309	$ (117,835)	$ 177,907

Flagged decisions

• (0,0) header_label_added 'Description': The image shows no printed text in the leftmost column header position above the row labels.

529b0f1e2c2c0650-p23-t1: FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025

As printed (page 23)

Extraction output (red = defect, gold = unverified, green = added label)

(in thousands)	Current	90-119 days past due	120+ days past due	Total
Principal modification, with no term extension	$ 15,268	$ —	$ —	$ 15,268
Term extension	61,692	12,895	—	74,587
Allowance for credit losses

Flagged decisions

• (table) header_text_dropped 'to borrowers experiencing financial difficulty, of which none of 31 defaulted during the period.': printed above the table's first value row but carried into no output cell.

529b0f1e2c2c0650-p23-t3: Financial statement line items impacted by allowance for credit losses - six months ended June 30, 2026

As printed (page 23)

Extraction output (red = defect, gold = unverified, green = added label)

Item	Balance as of December 31, 2025	Provision for (recovery of) credit losses related to loans	Charge-offs	Balance as of June 30, 2026
Loans held for investment	$ 11,510	$ 5,873	$ (3,892)	$ 13,491
Interest and fees receivable	2,598	473	(1,838)	1,233
Due from borrower	1,084	1,460	(501)	2,043
Unfunded commitments	670	117	—	787
Total allowance for credit losses	$ 15,862	$ 7,923	$ (6,231)	$ 17,554

Flagged decisions

• (0,0) header_label_added 'Item': The image shows a table with a header row containing column labels, and the leftmost column header position is blank—no text is printed there.

529b0f1e2c2c0650-p24-t1: Allowance for credit losses by region

As printed (page 24)

Extraction output (red = defect, gold = unverified, green = added label)

Region	Balance as of March 31, 2026	Provision for (recovery of) credit losses related to loans	Charge-offs	Allowance for credit losses as of June 30, 2026
New England	$ 6,599	$ 1,065	$ —	$ 7,664
Mid-Atlantic	2,411	(158)	—	2,253
South	1,803	(55)	(12)	1,736
West	1,588	250	—	1,838
Total	$ 12,401	$ 1,102	$ (12)	$ 13,491

Flagged decisions

• (0,0) unverified 'Region': The image shows no text printed in the header position at the leftmost column; the header row contains only the column labels for the data columns (Balance as of March 31, 2026, Provision for (recovery of) credit losses related to loans, Charge-offs, and Allowance for credit losses as of June 30, 2026).

529b0f1e2c2c0650-p27-t1: The following table presents the Company's REO activity during the six months ended June 30, 2026 and June 30, 2025:

As printed (page 27)

Extraction output (red = defect, gold = unverified, green = added label)

Item	June 30, 2026	June 30, 2025
Real estate owned at beginning of period	$ 16,402	$ 18,574
Principal basis transferred to real estate owned	6,500	6,298
Charge-offs on principal transferred	—	(3,978)
Proceeds from sale of real estate owned	(2,402)	(1,559)
Loans origination from sale of real estate owned	—	(840)
Impairment loss on real estate owned	(191)	—
Gain on sale of real estate owned	659	131
Real estate owned at end of period	$ 20,968	$ 18,626

Flagged decisions

• (0,0) header_label_added 'Item': The image shows a table with no printed header row; the first visible row contains the row label 'Real estate owned at beginning of period' in the leftmost column.

529b0f1e2c2c0650-p27-t2: Property and Equipment, Net

As printed (page 27)

Extraction output (red = defect, gold = unverified, green = added label)

(in thousands)	Cost	Accumulated Depreciation	Net investment	Cost	Accumulated Depreciation	Net investment
Building	$ 2,594	$ (211)	$ 2,383	$ 2,594	$ (177)	$ 2,417
Land	255	—	255	255	—	255
Furniture and fixtures	308	(214)	94	308	(185)	123
Computer hardware and software	322	(291)	31	320	(276)	44
Vehicles	502	(222)	280	502	(181)	321
Total property and equipment, net	$ 3,981	$ (938)	$ 3,043	$ 3,979	$ (819)	$ 3,160

Flagged decisions

• (table) header_text_dropped 'June 30, 2026': printed above the table's first value row but carried into no output cell.
• (table) header_text_dropped 'December 31, 2025': printed above the table's first value row but carried into no output cell.

529b0f1e2c2c0650-p39-t1: Investments in LLC's

As printed (page 39)

Extraction output (red = defect, gold = unverified, green = added label)

Investment	June 30, 2026 Carrying Value	June 30, 2026 Ownership Percentage	December 31, 2025 Carrying Value	December 31, 2025 Ownership Percentage
Shem Creek Capital Fund V LLC	$ 770	7.6%	$ 867	7.6%
Shem Creek Capital Fund VI LLC	1,463	9.9%	3,071	9.9%
Shem Creek Capital Fund VII LLC	4,294	13.0%	3,605	13.0%
Shem Creek Sachem V LLC	1,639	49.0%	1,736	49.0%
Shem Creek Sachem VI LLC	10,440	44.6%	13,403	45.5%
Shem Creek Sachem 100 LLC	8,131	69.5%	8,950	67.6%
Shem Creek Capital LLC	5,000	20.0%	5,000	20.0%
Total Shem LLC Investments	$ 31,737		$ 36,632
Cordo CLT Investors LLC	$ 2,500	7.2%	$ 2,500	7.2%
Total investments in LLC's	$ 34,237		$ 39,132

Flagged decisions

• (10,0) unverified 'Total investments in LLC's': The image shows the text 'Total investments in LLC's' printed at this position in the table.

529b0f1e2c2c0650-p41-t1: FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026

As printed (page 41)

Extraction output (red = defect, gold = unverified, green = added label)

Item	June 30, 2026
Deferred Tax Assets:
Net Operating Loss Carryforwards	$ 1,054
Investment in LLCs	179
Basis in REO Assets	261
Total Gross Deferred Tax Assets	1,494
Less: Valuation Allowance	(1,395)
Net Deferred Tax Assets	99
Deferred Tax Liabilities:
Depreciation	(54)
Prepaid Expenses	(12)
Amortization	(33)
Total Deferred Tax Liabilities	(99)
Total Deferred Tax Assets/(Liabilities)	$ —

Flagged decisions

• (0,0) header_label_added 'Item': The image shows a table with a header row containing 'June 30, 2026' in the right column, but the left column of the header is blank with no printed text.
• (table) header_text_dropped 'The table below presents the effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities': printed above the table's first value row but carried into no output cell.

529b0f1e2c2c0650-p44-t1: Our Mortgage Loan Portfolio

As printed (page 44)

Extraction output (red = defect, gold = unverified, green = added label)

	Three Months Ended June 30, 2026	Six Months Ended June 30, 2026
Loans disbursed (1)	$ 40,547	$ 75,747
Loans originated	7	11
Loan repayments	$ 52,310	$ 70,360
Number of loans repaid	14	23
Principal of loans transferred to real estate owned	$ 6,500	$ 6,500
Number of loans transferred to real estate owned	1	1
	As of June 30, 2026	As of December 31, 2025
Number of loans held for investment outstanding	100	115
Gross principal amount of loans held for investment	$ 337,557	$ 377,418
Weighted average contractual interest rate (2)	11.46 %	13.10 %
Weighted average term to maturity (in months) (3)	6	8

Flagged decisions

• (table) header_text_dropped 'of loans)': printed above the table's first value row but carried into no output cell.

529b0f1e2c2c0650-p47-t2: Allowance for Credit Losses Against Unpaid Principal Balance

As printed (page 47)

Extraction output (red = defect, gold = unverified, green = added label)

Item	June 30, 2026 Aggregate Gross Principal Amount	June 30, 2026 Allowance	June 30, 2026 Percentage of Respective Principal	December 31, 2025 Aggregate Gross Principal Amount	December 31, 2025 Allowance	December 31, 2025 Percentage of Respective Principal
Performing – General reserve	$ 228,218	$ (4,599)	2.0 %	$ 259,833	$ (5,262)	2.0 %
Non-performing – Direct reserves	77,712	(2,114)	2.7 %	80,079	(2,054)	2.6 %
Non-performing in Foreclosure – Direct reserves	31,627	(6,778)	21.4 %	37,506	(4,194)	11.2 %
Non-performing subtotal	$ 109,339	$ (8,892)	8.1 %	$ 117,585	$ (6,248)	5.3 %
Total	$ 337,557	$ (13,491)	4.0 %	$ 377,418	$ (11,510)	3.0 %

Flagged decisions

• (0,0) header_label_added 'Item': The image shows no printed text in the leftmost column header position; the table begins with the date headers 'June 30, 2026' and 'December 31, 2025' in the top band, with row labels like 'Performing – General reserve' printed in the leftmost column of the data rows below.

529b0f1e2c2c0650-p48-t1: Investment in Developmental Real Estate

As printed (page 48)

Extraction output (red = defect, gold = unverified, green = added label)

Property Type	Location	Month of Acquisition	Carrying Value
Commercial	Branford, CT	July 2025	$ 1,541
Residential - Single family (2 parcels)	Old Lyme, CT	May 2025	696
Residential - Multifamily (1 parcel)	East Windsor, CT	March 2025	2,259
Residential - Multifamily (2 parcels)	New London, CT	November 2024	4,250
Residential - Multifamily (3 completed units and one parcel)	Naples, FL	January 2026	36,831
Accumulated depreciation			(41)
Total			$ 45,536

Flagged decisions

• (table) header_text_dropped 'As of June 30, 2026, we owned five projects that were classified as investments in developmental real estate. The projects are in': printed above the table's first value row but carried into no output cell.
• (table) header_text_dropped 'various phases of completion. The following table details the carrying value of our investments in developmental real estate owned property': printed above the table's first value row but carried into no output cell.
• (table) header_text_dropped 'reflected on our unaudited Condensed Consolidated Balance Sheet as of June 30, 2026:': printed above the table's first value row but carried into no output cell.

529b0f1e2c2c0650-p50-t1: Three months ended June 30, 2026 compared to three months ended June 30, 2025

As printed (page 50)

Extraction output (red = defect, gold = unverified, green = added label)

Line Item	2026	2025	$ Change	% Change
Interest income from loans	$ 7,252	$ 7,482	$ (230)	(3.1)%
Interest income from limited liability company investments	750	859	(109)	(12.7)%
Interest expense and amortization of deferred financing costs	(6,328)	(6,139)	189	3.1 %
Net interest income	1,674	2,202	(528)	(24.0)%
Net interest margin	1.9 %	2.3 %
Provision for credit losses related to loans held for investment	(2,551)	(925)	1,626	175.8 %
Change in valuation allowance related to loans held for sale	—	1,043	(1,043)	(100.0)%
Net interest (loss) income after provision for credit losses related to loans held for investment and changes in valuation allowance related to loans held for sale	(877)	2,320	(3,197)	(137.8)%
Other income
Fee income from loans	1,146	1,771	(625)	(35.3)%
Income from limited liability company investments	71	119	(48)	(40.3)%
Other investment income	4	12	(8)	(66.7)%
Gain on equity securities	7	821	(814)	(99.1)%
Other income	134	532	(398)	(74.8)%
Total other income	1,362	3,255	(1,893)	(58.2)%
Operating expenses
Compensation and employee benefits	(1,937)	(1,821)	116	6.4 %
General and administrative expenses	(1,450)	(1,304)	146	11.2 %
Transaction expenses	(2,567)	—	2,567	100.0 %
Impairment loss on real estate	(288)	—	288	100.0 %
Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net	475	131	344	262.6 %
Other expenses	(95)	(694)	(599)	(86.3)%
Total operating expenses	(5,862)	(3,688)	2,174	58.9 %
Net (loss) income	(5,377)	1,887	(7,264)	(384.9)%
Preferred stock dividends	(1,120)	(1,118)	2	0.2 %
Net (loss) income attributable to common shareholders	$ (6,497)	$ 769	$ (7,266)	NM
Basic and diluted (loss) income per common share	$ (0.14)	$ 0.02
Basic and diluted weighted average number of common shares outstanding	47,281,931	46,875,187

Flagged decisions

• (0,0) unverified 'Line Item': The image shows no printed text in the first column header position; the table begins directly with the row labels in the leftmost column.

529b0f1e2c2c0650-p57-t1: Six months ended June 30, 2026 compared to six months ended June 30, 2025

As printed (page 57)

Extraction output (red = defect, gold = unverified, green = added label)

Line Item	2026	2025	$ Change	% Change
Interest income from loans	$ 16,006	$ 15,370	$ 636	4.1 %
Interest income from limited liability company investments	1,608	2,801	(1,193)	(42.6)%
Interest expense and amortization of deferred financing costs	(12,387)	(12,233)	154	1.3 %
Net interest income	5,227	5,938	(711)	(12.0)%
Net interest margin	2.9 %	3.2 %
Provision for credit losses related to loans held for investment	(7,923)	(1,977)	5,946	300.8 %
Change in valuation allowance related to loans held for sale	—	1,047	(1,047)	(100.0)%
Net interest (loss) income after provision for credit losses related to loans held for investment and changes in valuation allowance related to loans held for sale	(2,696)	5,008	(7,704)	(153.8)%
Other income
Fee income from loans	2,438	3,196	(758)	(23.7)%
Income from limited liability company investments	176	229	(53)	(23.1)%
Other investment income	7	17	(10)	(58.8)%
(Loss) gain on equity securities	(133)	696	(829)	(119.1)%
Other income	277	604	(327)	(54.1)%
Total other income	2,765	4,742	(1,977)	(41.7)%
Operating expenses
Compensation and employee benefits	(4,075)	(3,592)	483	13.4 %
General and administrative expenses	(3,413)	(2,659)	754	28.4 %
Transaction expenses	(4,175)	—	4,175	100.0 %
Impairment loss on real estate	(191)	—	191	100.0 %
Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net	671	131	540	412.2 %
Other expenses	(340)	(839)	(499)	(59.5)%
Total operating expenses	(11,523)	(6,959)	4,564	65.6 %
Net (loss) income	(11,454)	2,791	(14,245)	(510.4)%
Preferred stock dividends	(2,240)	(2,235)	5	0.2 %
Net (loss) income attributable to common shareholders	$ (13,694)	$ 556	$ (14,250)	NM
Basic and diluted (loss) income per common share	$ (0.29)	$ 0.01
Basic and diluted weighted average number of common shares outstanding	47,230,349	46,830,215

Flagged decisions

• (0,0) unverified 'Line Item': The image shows no printed text in the leftmost column header position; the table begins directly with the data row labels below.

529b0f1e2c2c0650-p71-t1: Table of Contents

As printed (page 71)

Extraction output (red = defect, gold = unverified, green = added label)

Exhibit No.	Description
4.3	Fourth Supplemental Indenture between Sachem Capital Corp. and U.S. Bank National Association, as Trustee (4)
4.4	Form of 6.00% Note due 2026 (attached as Exhibit A to Exhibit 4.3 above).
4.5	Fifth Supplemental Indenture between Sachem Capital Corp. and U.S. Bank Trust Company, National Association, as Trustee (8)
4.6	Form of 6.00% Note due 2027 (attached as Exhibit A to Exhibit 4.5 above)
4.7	Sixth Supplemental Indenture between Sachem Capital Corp. and U.S. Bank Trust Company, National Association, as Trustee (20)
4.8	Form of 7.125% Note due 2027 (attached as Exhibit A to Exhibit 4.7 above)
4.9	Seventh Supplemental Indenture between Sachem Capital Corp. and U.S. Bank Trust Company, National Association, as Trustee (10)
4.10	Form of 8.00% Note due 2027 (attached as Exhibit A to Exhibit 4.9 above)
4.11	Revolving Credit Note, dated March 20, 2025, in the principal amount of $50 million in favor of Needham Bank, as lender (18)
4.12	Note Purchase and Guaranty Agreement, dated June 11, 2025 (21)
10.1**	Employment Agreement by and between John L. Villano and Sachem Capital Corp. (1)
10.1(a)**	Amendment to Employment Agreement by and between John L. Villano and Sachem Capital Corp. (5)
10.2	Sachem Capital Corp. 2016 Equity Compensation Plan (1)
10.3	Credit and Security Agreement, dated as of March 20, 2025, among SN Holdings, as the borrower, Sachem Capital Corp., as the guarantor, the lenders party thereto and Needham Bank, as administrative agent (18)
10.3(a)	Amendment No.1 to the Credit and Security Agreement, dated as of June 9, 2025, among SN Holdings, as the borrower, Sachem Capital Corp., as the guarantor, the lenders party thereto and Needham Bank, as administrative agent (23)
10.3(b)	Amendment No.2 to the Credit and Security Agreement, dated as of January 21, 2026, among SN Holdings, as the borrower, Sachem Capital Corp., as the guarantor, the lenders party thereto and Needham Bank, as administrative agent (9)
10.4**	Final Form of the Restrictive Stock Grant Agreement dated February 17, 2023 under the Sachem Capital Corp. 2016 Equity Compensation Plan between the Company and John L. Villano (13)
10.5**	Final Form of the Restricted Stock Grant Agreement dated March 19, 2024 under the Sachem Capital Corp. 2016 Equity Compensation Plan between the Company and John L. Villano (14)
10.6	Cooperation Agreement, dated August 20, 2024, between Sachem Capital Corp. and Blackwells Capital LLC, Blackwells Onshore I LLC and Jason Aintabi (15)
10.7**	Final Form of the Restrictive Stock Grant Agreement dated September 7, 2023 under the Sachem Capital Corp. 2016 Equity Compensation Plan between Sachem Capital Corp. and each of Leslie Bernhard, Arthur Goldberg and Brian Prinz (16)
10.8**	Final Form of the Restrictive Stock Grant Agreement dated March 10, 2025 under the Sachem Capital Corp. 2016 Equity Compensation Plan between Sachem Capital Corp. and each of Arthur Goldberg, Brian Prinz and Jeffery Walraven (19)
10.9	Sachem Capital Corp. 2025 Omnibus Incentive Plan (22)
10.10	Restricted Stock Award Agreement, dated August 11, 2025, under the Sachem Capital Corp. 2025 Omnibus Incentive Plan between Sachem Capital Corp. and John L. Villano (a portion of the exhibit has been excluded from the exhibit because it both (i) is not material and (ii) is the type that the company treats as private or confidential) (25)
10.11**	Employment Agreement by and between Jeffery C. Walraven and Sachem Capital Corp. effective as of September 1, 2025 (24)
10.12**	Restricted Stock Award Agreement, dated September 3, 2025, under the Sachem Capital Corp. 2025 Omnibus Incentive Plan between Sachem Capital Corp. and Jeffery C. Walraven (a portion of the exhibit has been excluded from the exhibit because it both (i) is not material and (ii) is the type that the company treats as private or confidential) (24)
31.1	Chief Executive Officer Certification as required under section 302 of the Sarbanes Oxley Act *

Flagged decisions

• (0,0) defect 'Exhibit No.': The image shows no header row above the table entries; the first visible row contains exhibit numbers like '4.3' in the left column.
• (0,1) header_label_added 'Description': The image shows no header row above the table entries; the first visible row contains exhibit numbers and descriptions without a 'Description' header.