BHR · Braemar Hotels & Resorts Inc.

Ashford Inc. (the "Company") today announced that Deric Eubanks, Chief Financial Officer and Treasurer, will retire in June following a 23-year career with the Company and its predecessor. Mr. Eubanks will step down as Chief Financial Officer of the Company and the Company's advised REITs, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") and Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar") effective March 31, 2026 and, in order to ensure a smooth transition, will continue to assist the Company, as Senior Managing Director, with financial and transitional matters until June 30, 2026. Afterward, he will continue to remain available as an advisor as needed. Monty Bennett, Ashford's Chairman, commented, "Deric has been with us since 2003 when we launched Ashford Hospitality Trust. He has played an integral role in our companies over the years and has served as Chief Financial Officer for the past 12 years. What speaks to Deric's character is that even as he prepares

Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced monthly preferred dividends for February 2026. The Company's Board of Directors (the "Board") declared and the Company set aside a cash dividend for the Company's 5.5% Series B Cumulative Convertible Preferred Stock equal to: $0.1146 per diluted share which will be paid on April 15, 2026 to stockholders of record as of March 30, 2026. The Board declared and the Company set aside a cash dividend for the Company's 8.25% Series D Cumulative Preferred Stock equal to: $0.17187 per diluted share which will be paid on April 15, 2026 to stockholders of record as of March 31, 2026. The Board declared a monthly cash dividend for all CUSIPs of the Company's Series E Redeemable Preferred Stock, payable as follows: $0.15625 per share will be paid on March 16, 2026, to stockholders of record as of February 27, 2026. The Board declared a monthly cash dividend for CUSIPs 10482B705, 10482B887 and 10482B796 of

Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company") announced today clarifications about its first quarter preferred dividend declarations and 2026 common dividend policy. Richard Stockton, President & Chief Executive Officer of the Company stated, "We are updating our preferred equity securities dividend declaration process to align the dividend cycles of our different preferred stock share classes in conjunction with the Company's previously announced Company Sale process. Because our Series B and Series D preferred stock are pari passu with our Series E and Series M preferred stock with respect to distributions, they must receive equitable treatment regarding dividend declarations. To manage this consistently, we are moving from declaring Series B and Series D dividends at the start of the quarter to "reserving" them on a monthly basis alongside our other Series E and Series M monthly dividend declarations. This ensures all parity requirements with respect to

Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2025 distributions on its common shares and its Series B, D, E and M preferred shares. The amounts below represent the income tax treatment applicable to each distribution that is reportable in 2025. The common and preferred distributions that the Company paid on January 15, 2025 to stockholders of record as of December 31, 2024 are reportable in 2025. The common and preferred distributions that the Company paid on January 15, 2026 to stockholders of record as of December 31, 2025 will be reportable in 2026. Security Description CUSIP Ticker Symbol Distributions Per Share * Ordinary Taxable Dividend Section 199A Dividend Capital Gain Distribution Return of Capital Common Stock 10482B101 BHR $0.2000000 $0.0000000 $0.0000000 $0.0000000 $0.2000000 Series B Cumulative Convertible Preferred Stock 10482B200 BHRPrB $1.3752000 $0.0000000

Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company") announced today that its Board of Directors (the "Board") declared and the Company set aside a cash dividend for the Company's 5.5% Series B Cumulative Convertible Preferred Stock equal to: $0.1146 per diluted share which will be paid on April 15, 2026 to stockholders of record as of March 30, 2026. The Board declared and the Company set aside a cash dividend for the Company's 8.25% Series D Cumulative Preferred Stock equal to: $0.17187 per diluted share which will be paid on April 15, 2026 to stockholders of record as of March 31, 2026. The Board declared a monthly cash dividend for all CUSIPs of the Company's Series E Redeemable Preferred Stock, payable as follows: $0.15625 per share will be paid on February 17, 2026, to stockholders of record as of January 30, 2026. The Board declared a monthly cash dividend for CUSIPs 10482B705, 10482B887 and 10482B796 of the Company's Series M Redeemable Preferred Stock payable as

Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2025. Braemar plans to issue its earnings release for the fourth quarter after the market closes on Thursday, February 26, 2026, and will host a conference call on Friday, February 27, 2026, at 11:00 a.m. ET. The number to call for this interactive teleconference is (646) 960-0284. A replay of the conference call will be available through Friday, March 6, 2026, by dialing (609) 800-9909 and entering the confirmation number, 2925607. The live broadcast of Braemar's quarterly conference call will be available online at the Company's website, www.bhrreit.com , on Friday, February 27, 2026, beginning at 11:00 a.m. ET. The online replay will follow shortly after the call and continue for approximately one year. Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and