Al Shams targets Braemar board control with majority slate of independent director nominees

• Al Shams, Braemar Hotels & Resorts’ largest shareholder, signaled a proxy fight ahead of the 2026 annual meeting.
• Investor plans to nominate a majority slate of independent directors, targeting a change in control of the board.
• Board nomination deadline set for Sept. 14, following the company’s Sept. 4 annual meeting date announcement.
• Al Shams criticized the shortened nomination window as a governance tactic, citing broader concerns about governance and the external management structure.
• Five nominees expected to be disclosed shortly, with submissions planned within the required timeframe.

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 PR Newswire (Ref. ID: NY42453) on September 08, 2026, and is solely responsible for the information contained therein.