Brancous seeks five Braemar board seats, challenges rejection of nominees ahead of annual meeting

• Braemar Hotels & Resorts rejected Brancous’ five director nominations ahead of its December 21, 2026, annual meeting, citing bylaw violations.
• Brancous sued on October 21, 2026, in Maryland state court, seeking a declaration that its nominations were valid.
• Absent a court order, votes for Brancous’ candidates will not count; the board urges shareholders to elect its eight nominees.
• A court order validating the nominations would trigger new universal proxy cards, requiring shareholders who already voted company cards to vote again.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braemar Hotel & Resorts Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001574085-26-000179), on November 10, 2026, and is solely responsible for the information contained therein.