Procaccianti Hotel REIT prorates Q4 2024 share repurchases to 93.9% due to DRIP funding limitation

PROCACCIANTI HOTEL REIT, INC.

Board determined Funding Limitation reached for Q4 2024; insufficient net DRIP proceeds to fund all repurchase requests.
Deceased stockholders' shares repurchased on pro rata basis at approximately 93.9% of requested shares.
No repurchase requests from other priority categories (qualifying disabilities, small accounts) were received in Q4.
Unfulfilled repurchase requests will be carried over automatically to subsequent periods unless withdrawn.

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