Company: BHR-PD
Filing Date: 2025-10-30
Form Type: DEF 14A
Source: 0001574085-25-000111
Chunk: 48

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-10-30
Form: DEF 14A
Chunk 48
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,423 |     | $                                   | -1,288,688 |     | $                                                    |   229,486 |     | $                                                    |  -483,842 |     | $                                                | 51.62 |     | $   | 76.40 |     | $                                                                    | -115,481 |     | $                                   |  -4,535 |

(1) For a reconciliation of Adjusted EBITDAreto a measure under GAAP in the United States, see Annex A.

(2) Mr. Stocktonwas PEO in 2024, 2023, 2022, 2021 and 2020.

(3) 2024: Messrs. Rose, Eubanks and Coe; 2023: Messrs. Rose, Eubanks and Nunneley; 2022: Messrs. Rose, Eubanks and Nunneley; 2021: Messrs. Robert G. Haiman, Eubanks, Nunneley and Welter; and 2020: Messrs. Haiman, Eubanks, Welter and J. Robison Hays, III.

(4) FTSE NAREIT Lodging & Resorts Index.

(5) Compensation Actually Paid is the summary compensation table total for the PEO (column (b) above) and average summary compensation table total for the Non-PEO NEOs (column (d) above), as applicable, with the following adjustments to the value of equity adjusted for 2024 as follows pursuant to Item 402(v)(2)(iii)(C) of Regulation S-K:

|                                      |     | PEO |      2024 |     | Non-PEO NEOs |    2024 |
|:-------------------------------------|:----|:----|----------:|:----|:-------------|--------:|
| Summary Compensation Table Total     |     | $   | 2,029,286 |     | $            | 568,325 |
| SCT Reversal                         |     | $   |         — |     | $            |       — |
| New awards outstanding               |     | $   |         — |     | $            |       — |
| Change in value of prior-year awards |     | $   |  -232,709 |     | $            | -68,631 |
| New awards vested during the year    |     | $   |         — |     | $