Company: BHR-PD
Filing Date: 2025-10-30
Form Type: DEF 14A
Source: 0001574085-25-000111
Chunk: 2

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-10-30
Form: DEF 14A
Chunk 2
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 Stock as of the close of business on October 30, 2025.

Review your proxy statement and vote in one of four ways

• In person: Attend the annual meeting and vote by ballot.

• By telephone: Call the telephone number and follow the instructions on your proxy card.

• Via the internet: Go to the website address shown on your proxy card and follow the instructions on the website.

• By mail: Mark, sign, date and return the enclosed proxy card in the postage paid envelope.

Regardless of the number of shares of the Company’s common stock, Series E Preferred Stock or Series M Preferred Stock that you own, your vote is important. Thank you for your continued support, interest, and investment in the Company.

By order of the Board of Directors,

Deric S. Eubanks

Chief Financial Officer

14185 Dallas Parkway, Suite 1200

Dallas, Texas 75254

October 30, 2025

#### TABLE OF CONTENTS
This Notice of the Annual Meeting of Stockholders and the accompanying proxy statement are first being made available to stockholders of record as of October 20, 2025, on or about October 30, 2025.

If you have any questions or require any assistance in voting your shares, please contact our proxy solicitor:

<div align='center'>430 Park Avenue

New York, NY 10022

Stockholders Call (800) 662-5200 Toll Free

or (203) 658-9400

Email: BHR@info.sodali.com</div>

#### TABLE OF CONTENTS
| INTRODUCTION                                                                                      |     |  1 |
| SUMMARY                                                                                           |     |  1 |
| Annual Meeting of Stockholders                                                                    |     |  2 |
| Voting Matters                                                                                    |     |  2 |
| Board Nominees                                                                                    |     |  2 |
| Summary of Director Diversity and Experience                                                      |     |  3 |
| Corporate Governance Highlights                                                                   |     |  4 |
| PROPOSAL NUMBER ONE-ELECTION OF DIRECTORS                                                         |     |  6 |
| Nominees for Election as Directors                                                                |     |  7 |
| Summary of Director Qualifications, Skills, Attributes and Experience                             |     | 12 |
| CORPORATE GOVERNANCE                                                                              |     | 13 |
| Code of Business Conduct and Ethics                                                               |     | 13 |
| Board Leadership Structure                                                                        |     | 13 |
| Board Role                                                                                        |     |