ASHFORD HOSPITALITY TRUST ANNOUNCES EXTENSION OF HIGHLAND LOAN AND SUSPENSION OF PREFERRED DIVIDENDS

Core Viewpoint - Ashford Hospitality Trust, Inc. has extended its Highland mortgage loan secured by 18 hotels, reducing the loan balance by $10 million to $723.6 million, which is approximately 65% of the appraised value, with a final maturity date set for July 9, 2026 [1] Group 1: Financial Adjustments - The company has suspended preferred dividends for various series of preferred stock as of December 31, 2025, including Series D, F, G, H, I, J, K, L, and M, which were payable on January 15, 2026 [2] - The company intends to pay previously declared but unpaid dividends as soon as reasonably practicable, with any accrued but unpaid dividends accruing according to the terms outlined in the governing documents for each series of preferred stock [2] Group 2: Company Profile - Ashford Hospitality Trust is a real estate investment trust (REIT) that primarily invests in upper upscale, full-service hotels [3]