Letter to Braemar on Blackwells Director Nominations

March 10, 2024 The Board of Directors of Braemar Hotels & Resorts Inc. 14185 Dallas Parkway, Suite 1200 Dallas, Texas 75254 Dear Members of the Board of Directors: Today, Blackwells Capital LLC (“Blackwells”), submitted a notice of director nominations and business proposals in connection with the 2024 annual meeting of shareholders of Braemar Hotels &…

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