Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On November 7, 2024, Safe and Green Development Corporation (the "Company") filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware (the "Certificate of Amendment") that was effective on such date that increased the number of the Company's authorized shares of common stock, $0.001 par value per share from 50,000,000 shares to 100,000,000 shares. The foregoing description is a summary only and is qualified in its entirety by reference to the full text of the Certificate of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference herein.