Company: PEB
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001474098-25-000062
Chunk: 46

Company: Pebblebrook Hotel Trust
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 46
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410 million 2025 term loan maturity.

• Accounting and Compliance Goals (5%) - This objective requires the company to maintain a strong internal control environment to prevent any material weaknesses in its financial controls for 2024.

#### Annual Objectives - Performance Achieved
In February 2025, the Compensation Committee assessed performance against each annual objective to determine the payout percentage of target for the cash incentive bonuses as set forth in the following table:

<div align='center'>- 33 -</div>

| Annual Objective                          |     |                                     |            Result Achieved (actual) |     | Result Achieved 
 (% of target)   |     | Objective’s Weighting |      |   |     | Payout Achieved     
 (% of target total) |       |    |
| 2024 Adjusted FFO per Share               |     |                                     |                               $1.68 |     | 250.0%          |     |                       | 25.0 | % |     |                     |  62.5 | %  |
| Gross Proceeds from Dispositions          |     |                                     |                          $0 million |     | —%              |     |                       | 20.0 | % |     |                     |     — | %  |
| Relative Hotel EBITDA per Key             |     |                                     |                     Second of eight |     | 250.0%          |     |                       | 10.0 | % |     |                     |  25.0 | %  |
| Portfolio RevPAR Penetration Index Growth |     |                                     |                             10  bps |     | —%              |     |                       | 15.0 | % |     |                     |     — | %  |
| CSR Results                               |     |                                     |                            14 of 14 |     | 250.0%          |     |                       | 10.0 | % |     |                     |  25.0 | %  |
| Capital Market and Balance Sheet          |     |                                     | > 250% of debt maturities addressed |     | 250.0%          |     |                       | 15.0 | % |     |                     |  37.5 | %  |
| Accounting and Compliance                 |     |                                     |              No material weaknesses |     | 100.0%          |     |                       |  5.0 | % |     |                     |   5.0 | %  |
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