Brancous LP1 Calls for Immediate Governance Reforms at Braemar Hotels & Resorts and Full Transparency Behind Termination Economics That Could Divert Substantial Value from Common Shareholders

ACTON, Ontario, March 02, 2026 (GLOBE NEWSWIRE) -- Brancous LP1 (“Brancous”), a significant shareholder of Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar” or the “Company”), today issued the following statement regarding corporate governance at Braemar and the Board’s approval of termination economics benefiting the Company’s external manager. Brancous believes Braemar’s governance has reached a point where independence exists in form, but not in substance — precisely when independence is most critical ...