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BRAEMAR HOTELS & RESORTS INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and BRAEMAR HOTELS & RESORTS INC.’s Form 8-K, filed 2024-12-20 (Item 5.07 on EDGAR). Page generated 02 October 2026.

30Reported items
145Asset managers
1,341Fund votes
2024-12-17Meeting date

Proxy season: 2024-2025 2025-2026

Explore BRAEMAR HOTELS & RESORTS INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by BRAEMAR HOTELS & RESORTS INC.

These tallies are BRAEMAR HOTELS & RESORTS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-12-20 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

BRAEMAR HOTELS & RESORTS INC. — official shareholder meeting results, meeting held 2024-12-17
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Monty J. Bennett	17,664,513	33,747,503	551,216	--	15,651,078	Majority: no
Elect Director: Stefani D. Carter	17,307,589	34,100,910	554,733	--	15,651,078	Majority: no
Elect Director: Candace Evans	26,933,967	24,470,918	558,347	--	15,651,078	Majority: yes
Elect Director: Kenneth H. Fearn, Jr.	26,852,660	24,553,875	556,697	--	15,651,078	Majority: yes
Elect Director: Rebeca Odino-Johnson	26,950,424	24,462,030	550,778	--	15,651,078	Majority: yes
Elect Director: Matthew D. Rinaldi	20,540,188	30,868,061	554,983	--	15,651,078	Majority: no
Elect Director: Jay H. Shah	42,281,912	9,105,087	576,233	--	15,651,078	Majority: yes
Elect Director: Richard J. Stockton	42,093,112	9,315,760	554,360	--	15,651,078	Majority: yes
Elect Director: Abteen Vaziri	24,952,984	26,442,083	568,165	--	15,651,078	Majority: no
Proposal 3: Proposal Three – To ratify the appointment of BDO USA, PC, a national public accounting firm, as the Company's independent auditors for the fiscal year ending December 31, 2024.	59,478,496	7,551,392	584,422	--	--	Majority: yes

Source: BRAEMAR HOTELS & RESORTS INC., Form 8-K, filed with the SEC on 2024-12-20 — read the filing on EDGAR.

How asset managers voted at the BRAEMAR HOTELS & RESORTS INC. 2024-2025 meeting

Each item below shows how the 145 asset managers that disclosed a BRAEMAR HOTELS & RESORTS INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BRAEMAR HOTELS & RESORTS INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. TO OBTAIN ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-17.

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 139 asset managers below cast 99.8% of the shares they voted on this item FOR (28,590,420 for, 35,792 against).

FOR: 28,590,420 (99.9%)AGAINST: 35,792 (0.1%)NOT VOTED: 2,450 (0.0%)

Largest asset managers voting on “TO OBTAIN ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION.” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Vote
BlackRock	6,246,220	For
Vanguard	3,444,429	For
ZAZOVE ASSOCIATES LLC	3,408,306	For
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	2,300,700	For
GEODE CAPITAL MANAGEMENT, LLC	1,396,794	For
Fidelity	1,286,269	For
State Street	992,853	For
Dimensional	759,237	For
LSV ASSET MANAGEMENT	733,000	For
Goldman Sachs	637,585	For
SEI	493,812	For
UI BVK Kapitalverwaltungsgesellschaft mbH	480,000	For
Northern Trust	477,104	For
T. Rowe Price	458,744	For
Charles Schwab	373,570	For
Prudential/PGIM	370,226	For
Universal-Investment-Gesellschaft mbH	352,643	For
Invesco	324,430	For
Rhumbline	317,414	For
Renaissance	316,779	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	233,173	For
MELLON INVESTMENTS Corp	192,659	For
Nuveen	173,256	For
Equitable	168,215	For
TIAA	166,485	For

Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.

2. Election of Directors: Abteen Vaziri

DIRECTOR ELECTIONSMajority of the votes cast: no

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

48.6% Majority: no · of votes cast

FOR 48.6%AGAINST 51.4%

FOR: 24,952,984AGAINST: 26,442,083

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Abteen Vaziri”): 24,952,984 for, 26,442,083 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 38% for, 40% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 90% of the shares they voted on this item FOR (9,763,814 for, 1,089,268 against).

FOR 90%10%

FOR: 9,763,814 (90.0%)AGAINST: 1,089,268 (10.0%)

Largest asset managers voting on “Election of Directors: Abteen Vaziri” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	3,511,712	0	For
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	0	678,023	Against
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	186,785	0	For
Equitable	94,565	73,650	For
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	100,714	0	For
Nationwide	5,716	91,272	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	34,845	0	For
John Hancock	0	26,233	Against
Bridge Builder Trust	24,587	0	For
Voya	0	23,976	Against
Pacific Life	21,656	0	For
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	0	15,405	Against

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

3. Election of Directors: Candace Evans

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

52.4% Majority: yes · of votes cast

FOR 52.4%AGAINST 47.6%

FOR: 26,933,967AGAINST: 24,470,918

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Candace Evans”): 26,933,967 for, 24,470,918 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 40% for, 37% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 90% of the shares they voted on this item FOR (9,804,280 for, 1,048,802 against).

FOR 90%10%

FOR: 9,804,280 (90.3%)AGAINST: 1,048,802 (9.7%)

Largest asset managers voting on “Election of Directors: Candace Evans” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	3,511,712	0	For
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	0	678,023	Against
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	186,785	0	For
Equitable	94,565	73,650	For
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	100,714	0	For
Nationwide	5,716	91,272	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	34,845	0	For
John Hancock	0	26,233	Against
Bridge Builder Trust	24,587	0	For
Voya	23,976	0	For
Pacific Life	21,656	0	For
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	15,405	0	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

4. Election of Directors: Jay H. Shah

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

82% Majority: yes · of votes cast

FOR 82%AGAINST 18%

FOR: 42,281,912AGAINST: 9,105,087

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Jay H. Shah”): 42,281,912 for, 9,105,087 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 64% for, 14% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 100% of the shares they voted on this item FOR (10,853,082 for, 0 against).

FOR 100%

FOR: 10,853,082 (100.0%)

Largest asset managers voting on “Election of Directors: Jay H. Shah” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Vote
BlackRock	3,511,712	For
Vanguard	3,387,359	For
Fidelity	1,280,162	For
Dimensional	678,023	For
SEI	246,633	For
T. Rowe Price	209,293	For
Charles Schwab	186,785	For
Equitable	168,215	For
TIAA	166,485	For
Invesco	154,681	For
QUANTITATIVE MASTER SERIES LLC	100,714	For
Nationwide	96,988	For
ALPS ETF Trust	95,983	For
Prudential/PGIM	92,500	For
TARGET PORTFOLIO TRUST	88,700	For
Lincoln Financial	50,900	For
Northern Trust	39,642	For
Global X	36,966	For
MASTER INVESTMENT PORTFOLIO	34,845	For
John Hancock	26,233	For
Bridge Builder Trust	24,587	For
Voya	23,976	For
Pacific Life	21,656	For
WILMINGTON FUNDS	15,550	For
GPS Funds I	15,405	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

5. Election of Directors: Kenneth H. Fearn, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

52.2% Majority: yes · of votes cast

FOR 52.2%AGAINST 47.8%

FOR: 26,852,660AGAINST: 24,553,875

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Kenneth H. Fearn, Jr.”): 26,852,660 for, 24,553,875 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 40% for, 37% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 90% of the shares they voted on this item FOR (9,804,280 for, 1,048,802 against).

FOR 90%10%

FOR: 9,804,280 (90.3%)AGAINST: 1,048,802 (9.7%)

Largest asset managers voting on “Election of Directors: Kenneth H. Fearn, Jr.” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	3,511,712	0	For
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	0	678,023	Against
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	186,785	0	For
Equitable	94,565	73,650	For
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	100,714	0	For
Nationwide	5,716	91,272	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	34,845	0	For
John Hancock	0	26,233	Against
Bridge Builder Trust	24,587	0	For
Voya	23,976	0	For
Pacific Life	21,656	0	For
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	15,405	0	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

6. Election of Directors: Matthew D. Rinaldi

DIRECTOR ELECTIONSMajority of the votes cast: no

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

40% Majority: no · of votes cast

FOR 40%AGAINST 60%

FOR: 20,540,188AGAINST: 30,868,061

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Matthew D. Rinaldi”): 20,540,188 for, 30,868,061 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 31% for, 46.4% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 55% of the shares they voted on this item FOR (6,013,671 for, 4,839,411 against).

FOR 55%AGAINST 45%

FOR: 6,013,671 (55.4%)AGAINST: 4,839,411 (44.6%)

Largest asset managers voting on “Election of Directors: Matthew D. Rinaldi” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	0	3,511,712	Against
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	0	678,023	Against
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	186,785	0	For
Equitable	0	168,215	Against
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	0	100,714	Against
Nationwide	5,716	91,272	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	0	34,845	Against
John Hancock	0	26,233	Against
Bridge Builder Trust	0	24,587	Against
Voya	23,976	0	For
Pacific Life	0	21,656	Against
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	15,405	0	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

7. Election of Directors: Monty J. Bennett

DIRECTOR ELECTIONSMajority of the votes cast: no

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

34% Majority: no · of votes cast

FOR 34%AGAINST 66%

FOR: 17,664,513AGAINST: 33,747,503

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Monty J. Bennett”): 17,664,513 for, 33,747,503 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 27% for, 50.7% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 40% of the shares they voted on this item FOR (4,335,832 for, 6,517,250 against).

FOR 40%AGAINST 60%

FOR: 4,335,832 (40.0%)AGAINST: 6,517,250 (60.0%)

Largest asset managers voting on “Election of Directors: Monty J. Bennett” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	0	3,511,712	Against
Vanguard	3,387,359	0	For
Fidelity	0	1,280,162	Against
Dimensional	0	678,023	Against
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	0	186,785	Against
Equitable	0	168,215	Against
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	0	100,714	Against
Nationwide	0	96,988	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	0	92,500	Against
TARGET PORTFOLIO TRUST	0	88,700	Against
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	0	34,845	Against
John Hancock	0	26,233	Against
Bridge Builder Trust	0	24,587	Against
Voya	0	23,976	Against
Pacific Life	0	21,656	Against
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	15,405	0	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

8. Election of Directors: Rebeca Odino-Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

52.4% Majority: yes · of votes cast

FOR 52.4%AGAINST 47.6%

FOR: 26,950,424AGAINST: 24,462,030

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Rebeca Odino-Johnson”): 26,950,424 for, 24,462,030 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 41% for, 37% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 90% of the shares they voted on this item FOR (9,804,280 for, 1,048,802 against).

FOR 90%10%

FOR: 9,804,280 (90.3%)AGAINST: 1,048,802 (9.7%)

Largest asset managers voting on “Election of Directors: Rebeca Odino-Johnson” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	3,511,712	0	For
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	0	678,023	Against
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	186,785	0	For
Equitable	94,565	73,650	For
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	100,714	0	For
Nationwide	5,716	91,272	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	34,845	0	For
John Hancock	0	26,233	Against
Bridge Builder Trust	24,587	0	For
Voya	23,976	0	For
Pacific Life	21,656	0	For
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	15,405	0	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

9. Election of Directors: Richard J. Stockton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

82% Majority: yes · of votes cast

FOR 82%AGAINST 18%

FOR: 42,093,112AGAINST: 9,315,760

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Richard J. Stockton”): 42,093,112 for, 9,315,760 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 63% for, 14% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 99.3% of the shares they voted on this item FOR (10,779,432 for, 73,650 against).

FOR 99.3%

FOR: 10,779,432 (99.3%)AGAINST: 73,650 (0.7%)

Largest asset managers voting on “Election of Directors: Richard J. Stockton” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	3,511,712	0	For
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	678,023	0	For
SEI	246,633	0	For
T. Rowe Price	209,293	0	For
Charles Schwab	186,785	0	For
Equitable	94,565	73,650	For
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	100,714	0	For
Nationwide	96,988	0	For
ALPS ETF Trust	95,983	0	For
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	50,900	0	For
Northern Trust	39,642	0	For
Global X	36,966	0	For
MASTER INVESTMENT PORTFOLIO	34,845	0	For
John Hancock	26,233	0	For
Bridge Builder Trust	24,587	0	For
Voya	23,976	0	For
Pacific Life	21,656	0	For
WILMINGTON FUNDS	15,550	0	For
GPS Funds I	15,405	0	For

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

10. Election of Directors: Stefani D. Carter

DIRECTOR ELECTIONSMajority of the votes cast: no

Meeting held 2024-12-17.

Combines 2 wordings of this item as funds reported it.

34% Majority: no · of votes cast

FOR 34%AGAINST 66%

FOR: 17,307,589AGAINST: 34,100,910

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Elect Director: Stefani D. Carter”): 17,307,589 for, 34,100,910 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 26% for, 51.3% against (77% of the company cast a for/against vote).

The 43 asset managers below cast 50.1% of the shares they voted on this item FOR (5,434,885 for, 5,418,197 against).

FOR 50.1%AGAINST 49.9%

FOR: 5,434,885 (50.1%)AGAINST: 5,418,197 (49.9%)

Largest asset managers voting on “Election of Directors: Stefani D. Carter” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	0	3,511,712	Against
Vanguard	3,387,359	0	For
Fidelity	1,280,162	0	For
Dimensional	0	678,023	Against
SEI	0	246,633	Against
T. Rowe Price	209,293	0	For
Charles Schwab	0	186,785	Against
Equitable	0	168,215	Against
TIAA	166,485	0	For
Invesco	154,681	0	For
QUANTITATIVE MASTER SERIES LLC	0	100,714	Against
Nationwide	0	96,988	Against
ALPS ETF Trust	0	95,983	Against
Prudential/PGIM	92,500	0	For
TARGET PORTFOLIO TRUST	88,700	0	For
Lincoln Financial	0	50,900	Against
Northern Trust	39,642	0	For
Global X	0	36,966	Against
MASTER INVESTMENT PORTFOLIO	0	34,845	Against
John Hancock	0	26,233	Against
Bridge Builder Trust	0	24,587	Against
Voya	0	23,976	Against
Pacific Life	0	21,656	Against
WILMINGTON FUNDS	0	15,550	Against
GPS Funds I	0	15,405	Against

Showing the 25 largest of 43 asset managers. See all 43 in the interactive database.

11. TO RATIFY THE APPOINTMENT OF BDO USA, P.C., A NATIONAL PUBLIC ACCOUNTING FIRM, AS THE COMPANY'S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2024-12-17.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 59,478,496AGAINST: 7,551,392

BRAEMAR HOTELS & RESORTS INC.’s own tally for this item (“Proposal 3: Proposal Three – To ratify the appointment of BDO USA, PC, a national public accounting firm, as the Company's independent auditors for the fiscal year ending December 31, 2024.”): 59,478,496 for, 7,551,392 against, per its Form 8-K filed 2024-12-20 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 66,522,206 outstanding shares: 89% for, 11% against (100% of the company cast a for/against vote).

The 42 asset managers below cast 100% of the shares they voted on this item FOR (10,852,602 for, 0 against).

FOR 100%

FOR: 10,852,602 (100.0%)

Largest asset managers voting on “TO RATIFY THE APPOINTMENT OF BDO USA, P.C., A NATIONAL PUBLIC ACCOUNTING FIRM, AS THE COMPANY'S INDEPENDENT AU” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Vote
BlackRock	3,511,712	For
Vanguard	3,387,359	For
Fidelity	1,280,162	For
Dimensional	678,023	For
SEI	246,633	For
T. Rowe Price	209,293	For
Charles Schwab	186,785	For
Equitable	168,215	For
TIAA	166,485	For
Invesco	154,681	For
QUANTITATIVE MASTER SERIES LLC	100,714	For
Nationwide	96,988	For
ALPS ETF Trust	95,983	For
Prudential/PGIM	92,500	For
TARGET PORTFOLIO TRUST	88,700	For
Lincoln Financial	50,900	For
Northern Trust	39,642	For
Global X	36,966	For
MASTER INVESTMENT PORTFOLIO	34,845	For
John Hancock	26,233	For
Bridge Builder Trust	24,587	For
Voya	23,976	For
Pacific Life	21,656	For
WILMINGTON FUNDS	15,550	For
GPS Funds I	15,405	For

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

12. To obtain advisory approval of the Company's executive compensation.

COMPENSATION

Reported under meeting date 2024-07-30; no official results on file for that date.

Combines 2 wordings of this item as funds reported it.

0.2% fund support · no official result

AGAINST 99.8%

The 3 asset managers below cast 0.2% of the shares they voted on this item FOR (480 for, 357,618 against).

FOR: 480 (0.1%)AGAINST: 357,618 (99.9%)

Largest asset managers voting on “To obtain advisory approval of the Company's executive compensation.” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Vote
ETF Series Solutions	0	332,667	Against
Sessa Capital IM, L.P.	0	24,951	Against
CITY NATIONAL ROCHDALE FUNDS	480	0	For

13. BLACKWELLS NOMINEES: Betsy L. McCoy

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 333,147 (100.0%)

Largest asset managers voting on “BLACKWELLS NOMINEES: Betsy L. McCoy” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	0	0	332,667	0	Abstain
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

14. BLACKWELLS NOMINEES: Jennifer M. Hill

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (332,667 for, 0 against).

FOR: 332,667 (99.9%)ABSTAIN: 480 (0.1%)

Largest asset managers voting on “BLACKWELLS NOMINEES: Jennifer M. Hill” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

15. BLACKWELLS NOMINEES: Michael Cricenti

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (332,667 for, 0 against).

FOR: 332,667 (99.9%)ABSTAIN: 480 (0.1%)

Largest asset managers voting on “BLACKWELLS NOMINEES: Michael Cricenti” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

16. BLACKWELLS NOMINEES: Steven J. Pully

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 333,147 (100.0%)

Largest asset managers voting on “BLACKWELLS NOMINEES: Steven J. Pully” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	0	0	332,667	0	Abstain
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

17. COMPANY NOMINEES: Abteen Vaziri

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

ABSTAIN 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (480 for, 0 against).

FOR: 480 (0.1%)ABSTAIN: 332,667 (99.9%)

Largest asset managers voting on “COMPANY NOMINEES: Abteen Vaziri” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	0	0	332,667	0	Abstain
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

18. COMPANY NOMINEES: Candace Evans

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (333,147 for, 0 against).

FOR: 333,147 (100.0%)

Largest asset managers voting on “COMPANY NOMINEES: Candace Evans” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

19. COMPANY NOMINEES: Kenneth H. Fearn, Jr.

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (333,147 for, 0 against).

FOR: 333,147 (100.0%)

Largest asset managers voting on “COMPANY NOMINEES: Kenneth H. Fearn, Jr.” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

20. COMPANY NOMINEES: Matthew D. Rinaldi

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

ABSTAIN 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (480 for, 0 against).

FOR: 480 (0.1%)ABSTAIN: 332,667 (99.9%)

Largest asset managers voting on “COMPANY NOMINEES: Matthew D. Rinaldi” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	0	0	332,667	0	Abstain
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

21. COMPANY NOMINEES: Monty J. Bennett

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (333,147 for, 0 against).

FOR: 333,147 (100.0%)

Largest asset managers voting on “COMPANY NOMINEES: Monty J. Bennett” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

22. COMPANY NOMINEES: Rebeca Odino-Johnson

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

ABSTAIN 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (480 for, 0 against).

FOR: 480 (0.1%)ABSTAIN: 332,667 (99.9%)

Largest asset managers voting on “COMPANY NOMINEES: Rebeca Odino-Johnson” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	0	0	332,667	0	Abstain
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

23. COMPANY NOMINEES: Richard J. Stockton

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

ABSTAIN 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (480 for, 0 against).

FOR: 480 (0.1%)ABSTAIN: 332,667 (99.9%)

Largest asset managers voting on “COMPANY NOMINEES: Richard J. Stockton” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	0	0	332,667	0	Abstain
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

24. COMPANY NOMINEES: Stefani D. Carter

DIRECTOR ELECTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (333,147 for, 0 against).

FOR: 333,147 (100.0%)

Largest asset managers voting on “COMPANY NOMINEES: Stefani D. Carter” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

25. The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution requiring the Board to disclose all compensation paid by the Company to members of the Bennett family, The Dallas Express and employees, directors or agents of The Dallas Express, including Louis Darrouzet.

COMPENSATION

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (332,667 for, 0 against).

FOR: 332,667 (99.9%)ABSTAIN: 480 (0.1%)

Largest asset managers voting on “The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution req” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

26. The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution requiring the Board to disclose all extraordinary transaction proposals made by stockholders, affiliates and third parties during the two most recently completed calendar years and the terms of those proposed transactions.

EXTRAORDINARY TRANSACTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (332,667 for, 0 against).

FOR: 332,667 (99.9%)ABSTAIN: 480 (0.1%)

Largest asset managers voting on “The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution req” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

27. The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution to urge the Board to amend the Company's Bylaws to remove clause (iv) of Section 11(a)(3)(D) of Article I of the Company's Bylaws.

CORPORATE GOVERNANCE

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (332,667 for, 0 against).

FOR: 332,667 (99.9%)ABSTAIN: 480 (0.1%)

Largest asset managers voting on “The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution to ” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

28. The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution urging the Board to amend the Company's Corporate Governance Guidelines to add a provision precluding any current or former employee of Ashford Hospitality Trust, Inc., a Maryland corporation, Ashford Hospitality Limited Partnership, a Delaware limited partnership, Ashford Inc., a Nevada corp

EXTRAORDINARY TRANSACTIONS

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 99.8%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (332,667 for, 0 against).

FOR: 332,667 (99.9%)ABSTAIN: 480 (0.1%)

Largest asset managers voting on “The Blackwells proposal, if properly presented at the meeting, to adopt a non-binding, advisory resolution urg” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	480	0	Abstain

29. To ratify the appointment of BDO USA, P.C., a national public accounting firm, as the Company's independent auditors for the fiscal year ending December 31, 2024.

AUDIT-RELATED

Reported under meeting date 2024-07-30; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (333,147 for, 0 against).

FOR: 333,147 (100.0%)

Largest asset managers voting on “To ratify the appointment of BDO USA, P.C., a national public accounting firm, as the Company's independent au” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Series Solutions	332,667	0	0	0	For
CITY NATIONAL ROCHDALE FUNDS	480	0	0	0	For

30. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-12-17.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (40,614 for, 0 against).

FOR: 40,614 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at BRAEMAR HOTELS & RESORTS INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
JPMorgan	28,724	0	0	0	For
ALGERT GLOBAL LLC	11,890	0	0	0	For

Largest BRAEMAR HOTELS & RESORTS INC. shareholders voting in 2024-2025

Ranked by the number of BRAEMAR HOTELS & RESORTS INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 66,522,206 shares outstanding at the time of that meeting.

Top BRAEMAR HOTELS & RESORTS INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	BlackRock	9.39%
2	Vanguard	5.18%
3	ZAZOVE ASSOCIATES LLC	5.12%
4	DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	3.46%
5	GEODE CAPITAL MANAGEMENT, LLC	2.10%
6	Fidelity	1.93%
7	State Street	1.49%
8	Dimensional	1.14%
9	LSV ASSET MANAGEMENT	1.10%
10	Goldman Sachs	0.96%

Reported BRAEMAR HOTELS & RESORTS INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

BRAEMAR HOTELS & RESORTS INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock	13.80%	13F
Al Shams Investments LTD	9.79%	13D
ZAZOVE ASSOCIATES LLC	9.41%	13G
Vanguard Group	5.20%	13F
Ghassemieh Babak	3.96%	13D
Morning View Hotels BH I, LLC	3.76%	13D
Geode Capital	2.16%	13F
State Street	1.92%	13F
Dimensional Fund Advisors	1.18%	13F
Renaissance Technologies	1.03%	13F

Percentages above are of 66,522,206 shares outstanding, as reported by BRAEMAR HOTELS & RESORTS INC. on its Form 10-Q dated 2024-11-06 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BRAEMAR HOTELS & RESORTS INC.’s 10-Q dated 2024-11-06. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At BRAEMAR HOTELS & RESORTS INC.'s shareholder meeting held 2024-12-17, in the 2024-2025 proxy season, 145 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,341 separate fund positions. Their filings are grouped here into 30 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. BRAEMAR HOTELS & RESORTS INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — TO OBTAIN ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION. — the reporting funds cast 99.8% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

BRAEMAR HOTELS & RESORTS INC. proxy season coverage: 2024-2025 (this page) · 2025-2026.