Power REIT

Audit Fees

Effective January 20, 2015, the Trust retained MaloneBailey, LLP as its independent registered public accounting firm. MaloneBailey, LLP billed the Trust $201,331 and $178,260 for professional services in the years ended 2024 and 2023, respectively, related to the annual audit of the Trust’s financial statements and the inclusion of financial statements and other financial information in the Trust’s quarterly reports on Form 10-Q, registration statements and other submissions to the SEC.

Audit-Related Fees

The Trust did not pay any Audit Related Fees in the years ended December 31, 2024 and 2023.

Tax Fees

The Trust has engaged Malone Bailey, LLP to prepare its 2023 and 2022 tax return. The trust paid Malone Bailey, LLP $14,420 and $13,390 in 2024 and 2023 for professional services rendered related to the preparation of tax returns.

All Other Fees

No other fees were paid for 2024 or 2023.

Audit Committee Pre-Approval of Services to be Provided by Independent Auditor

Our policies and procedures require our Audit Committee to review and approve in advance all engagements for services to be rendered by the Trust’s independent auditors. In the case of any non-audit services proposed to be rendered by the Trust’s independent auditors, that review includes consideration by the Audit Committee as to whether the provision of such services would be compatible with maintaining the auditors’ independence.

All of the engagements for services rendered in 2024 and 2023 by the Trust’s independent auditors were pre-approved by the Audit Committee.