On April 23, 2024, Braemar Hotels & Resorts Inc. announced that it has postponed its 2024 Annual Meeting of Stockholders to be held on July 30, 2024 which was previously scheduled to be held on May 15, 2024. The Company added that itself and Blackwells Capital LLC are litigants in a consolidated action in the United States District Court for the Northern District of Texas with respect to the validity of the purported nomination by Blackwells of director nominees for the 2024 Annual Meeting which is currently stayed. The Company stated that it intends to file with the Securities and Exchange Commission a revised proxy statement reflecting the new date of the 2024 Annual Meeting and related record date as set forth herein.