Braemar Hotels & Resorts

Dallas – October 17, 2026 -- Braemar Hotels & Resorts (NYSE: BHR) declared fourth-quarter 2026 preferred dividends on its Series B, D, E and M stock, with the largest per-share payout, $0.5156, going to Series D holders.

Quarterly payouts on Series B and D are due October 17, 2026

The Board set a quarterly dividend of $0.3438 per share on the 5.5% Series B Cumulative Convertible Preferred Stock, for holders of record on October 17, 2026. The 8.25% Series D Cumulative Preferred Stock receives $0.5156 per share, for holders of record on October 17, 2026. Both are payable October 17, 2026.

Series E and M holders receive three monthly payments through January 2027

Series E Redeemable Preferred Stock pays $0.15625 per share monthly across all CUSIPs. Payment dates are November 16 and October 17, 2026, and October 17, 2026. Record dates are October 30, November 30 and October 17, 2026.

Pembroke, Bermuda – September 12, 2026 -- Al Shams Investments Limited, the largest shareholder of Braemar Hotels & Resorts Inc. (NYSE: BHR), said it will nominate a full slate of five independent directors sufficient to take control of the hotel REIT's board.

Braemar set a September 14 nomination deadline days after announcing its annual meeting

Braemar disclosed the date of its 2026 Annual Meeting on September 4, attaching a shareholder director-nomination deadline of September 14 and making the announcement immediately ahead of a long holiday weekend. Al Shams called the compressed window part of a pattern of governance practices it has criticized in prior letters to shareholders.