Company: BHR-PD
Filing Date: 2025-10-30
Form Type: DEF 14A
Source: 0001574085-25-000111
Chunk: 23

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-10-30
Form: DEF 14A
Chunk 23
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 |     | •                                                                                                                                                   |     | when requested by our Board, recommend to our Board director nominees for each committee of our Board;                                                                                                                                            |
|                                               |     | •                                                                                                                                                   |     | develop and recommend to our Board our Corporate Governance Guidelines and periodically review and update such Corporate Governance Guidelines as well as make recommendations concerning changes to the charters of each committee of our Board; |
|                                               |     | •                                                                                                                                                   |     | perform a leadership role in shaping our corporate governance policies and procedures; and                                                                                                                                                        |
|                                               |     | •                                                                                                                                                   |     | oversee a self-evaluation of our Board.                                                                                                                                                                                                           |

| Related Party Transactions Committee |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Current Members:                     |     | Rebeca Obino-Johnson (chair), Stefani D. Carter and Matthew D. Rinaldi                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Number of Meetings in 2024:          |     | Four                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Key Responsibilities:                |     | Review any transaction in which our officers, directors, Ashford Inc. or Ashford Trust or their officers, directors or respective affiliates have an interest, including any other related party and their respective affiliates, before recommending approval by a majority of our independent directors. The Related Party Transactions Committee can deny any proposed transaction or recommend for approval to the independent directors. Also, the Related Party Transactions Committee periodically reviews and reports to independent directors on past-approved related party transactions. |

2025 Proxy Statement 19

#### TABLE OF CONTENTS

#### Director Compensation
Each of our non-executive directors (other than our Chairman, Mr. Monty J. 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 |