Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 24, 2021, the Company's President, John V. Winfield resigned effective immediately and the Company's Board of Directors had elected David C. Gonzalez as the Company's new President, effective as of May 24, 2021.

Mr. Gonzalez, age 53, was appointed Vice President Real Estate of The InterGroup Corporation ("InterGroup", NASDAQ: INTG), Portsmouth's parent company, on January 31, 2001. Since 1989, Mr. Gonzalez has served in numerous capacities with InterGroup, including Controller and Director of Real Estate. Mr. Gonzalez was appointed advisor of the Executive Strategic Real Estate and Securities Investment Committee of InterGroup and Portsmouth in February 2020.

Item 5.07. Submission of Matters to a Vote of Security Holders.

The Fiscal 2020 Annual Meeting of the Shareholders of Portsmouth Square, Inc. (the "Company") was held on May 24, 2021 at the Hilton San Francisco Financial District, 750 Kearny Street, San Francisco, California. At that meeting, all of management's nominees: John V. Winfield, Jerold R. Babin, John C. Love, William J. Nance and Steve Grunwald were elected as Directors of the Company to serve until the next Annual Meeting. At the Annual Meeting, the shareholders also voted in favor of the ratification of the Audit Committee's selection of Moss Adams LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2021.

The final tabulation of the votes follows:

Proposal (1) - Election of Directors:





    Nominee          For     Against   Abstain   Broker Non-Votes

John V. Winfield   608,216    2,057      557          31,902
Jerold R. Babin    608,223    2,407      200          31,902
  John C. Love     608,223    2,407      200          31,902
William J. Nance   608,390    2,207      233          31,902
 Steve Grunwald    608,686    1,944      200          31,902

Proposal (2) - Ratification of the Appointment of Moss Adams LLP as The Company's Independent Registered Public Accounting Firm for the fiscal year ending June 30, 2021:





Votes For   Against   Abstain   Broker Non-Votes

 642,133      124       475            -




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