Insider Ownership Filing for Jim Plohg

This filing details the ownership of Braemar Hotels & Resorts Inc. (BHR) securities by Jim Plohg, Executive Vice President, General Counsel, and Secretary. As of December 16, 2025, Mr. Plohg directly owns 17,474 shares of Common Stock. Additionally, he has indirect ownership of Series B Preferred Stock through various entities and accounts: 498 shares through JKP Ventures LLC, 1,851 shares through his Retirement Account, 2,550 shares through his Spouse's Retirement Account, and 900 shares through Minor Child's Retirement Accounts. The filing indicates no securities were acquired or disposed of in the transaction, and the reported shares represent the total holdings post-transaction.