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Al Shams to Nominate Five Directors to Take Control of Braemar Board

Pembroke, Bermuda – September 11, 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.