BRAEMAR HOTELS & RESORTS DECLARES MONTHLY PREFERRED DIVIDENDS FOR JANUARY 2026 (Form 8-K)

BRAEMAR HOTELS & RESORTS DECLARES

MONTHLY PREFERRED DIVIDENDS FOR JANUARY 2026

DALLAS, January 26, 2026 - Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company") announced today that its Board of Directors (the "Board") declared and the Company set aside a cash dividend for the Company's 5.5% Series B Cumulative Convertible Preferred Stock equal to: $0.1146 per diluted share which will be paid on April 15, 2026 to stockholders of record as of March 30, 2026.

The Board declared and the Company set aside a cash dividend for the Company's 8.25% Series D Cumulative Preferred Stock equal to: $0.17187 per diluted share which will be paid on April 15, 2026 to stockholders of record as of March 31, 2026.

The Board declared a monthly cash dividend for all CUSIPs of the Company's Series E Redeemable Preferred Stock, payable as follows: $0.15625 per share will be paid on February 17, 2026, to stockholders of record as of January 30, 2026.

The Board declared a monthly cash dividend for CUSIPs 10482B705, 10482B887 and 10482B796 of the Company's Series M Redeemable Preferred Stock payable as follows: $0.17917 per share will be paid on February 17, 2026 to stockholders of record as of January 30, 2026.

The Board declared a monthly cash dividend for all remaining CUSIPs of the Company's Series M Redeemable Preferred Stock payable as follows: $0.17708 per share will be paid on February 17, 2026 to stockholders of record as of January 30, 2026.

As of December 31, 2025, there were 12,027,130 shares of the Company's Series E Redeemable Preferred Stock and 1,393,780 shares of the Company's Series M Redeemable Preferred Stock issued and outstanding.

About Braemar Hotels & Resorts

Braemar Hotels & Resorts Inc. (NYSE: BHR) is a real estate investment trust (REIT) focused on the high-growth luxury hotel and resort sector. The Company targets high-performance luxury urban and resort properties, specializing in assets that generate revenue per available room (RevPAR) at least twice the U.S. national average. Its industry-leading portfolio features luxury properties across the United States and the U.S. territories in the Caribbean. Externally advised by Ashford Hospitality Advisors LLC, Braemar leverages deep industry expertise and disciplined asset management to drive outsized performance.