Braemar Hotels & Resorts Inc.

Public companies file this within four business days when something important happens that investors should know about before the next quarterly report.

Braemar Hotels & Resorts Inc. filed this to release information to investors under Regulation FD — usually a press release, conference presentation, or other event the company considers important. 1 NEWS RELEASE Contact: Justin Coe Allison Beach Joe Germani Chief Accounting Officer Public Relations Longacre Square Partners 972-778-9795 abeach@ashfordinc. com BRAEMAR HOTELS & RESORTS ANNOUNCES CONCLUSION OF STRATEGIC REVIEW PROCESS AND PLAN TO BECOME A SELF-MANAGED REIT AND REMAIN PUBLICLY TRADED Initiates Process to Terminate Advisory Agreement with A…