Company: BHR-PD
Filing Date: 2025-04-29
Form Type: 10-K/A
Source: 0001574085-25-000040
Chunk: 31

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-04-29
Form: 10-K/A
Chunk 31
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 general, the Company does not permit the timed disclosure of material non-public informationfor the purpose of affecting the value of executive compensation. Additionally, the Compensation Committee approves equity awardsfor our named executive officers on or before the date of grant.

#### Director Compensation
Each of our non-executive directors (other than our Chairman, Mr. Bennett) is paid an annual base cash retainer of $55,000, and an additional fee of $2,000 for each Board or committee meeting that he or she attends in person (in a non-committee chairperson capacity), $3,000 for each committee meeting that he or she attends as committee chairperson and $500 for each Board or committee meeting that he or she attends via teleconference. Non-executive directors (other than Mr. Bennett) serving in the following capacities also receive the additional annual cash retainers set forth below:

| Capacity                                                      |     | Additional Annual Retainer |        |
|:--------------------------------------------------------------|:----|:---------------------------|-------:|
| Lead Director                                                 |     | $                          | 25,000 |
| Audit Committee Chairperson                                   |     | $                          | 25,000 |
| Audit Committee Member (Non-Chairperson)                      |     | $                          |  5,000 |
| Compensation Committee Chairperson                            |     | $                          | 15,000 |
| Nominating and Corporate Governance Committee Chairperson     |     | $                          | 10,000 |
| Related Party Transactions Committee Chairperson              |     | $                          | 15,000 |
| Related Party Transactions Committee Member (Non-Chairperson) |     | $                          | 10,000 |

Non-executive directors may also be paid additional cash retainers from time to time for service on special committees. Officers receive no additional compensation for serving on the Board. We reimburse all directors for reasonable out-of-pocket expenses incurred in connection with their services on the Board.

In addition, on the date of the first meeting of the Board of Directors following each annual meeting of stockholders at which a non-executive director is initially elected or re-elected to our Board of Directors or as soon as reasonably practicable thereafter, each non-executive director receives a grant of shares of our common stock or, at the election of each director, long-term incentive partnership units (“LTIP units”) in Braemar Hospitality Limited Partnership (“Braemar OP”), which are issued

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under our Second Amended and Restated