Procaccianti Hotel REIT updates Alabama suitability standards for DRIP participants

PROCACCIANTI HOTEL REIT, INC.

Effective Feb 2, 2026, new Alabama investor requirements: net worth ≥$350K (excluding home, car) or net worth ≥$100K and income ≥$100K.
Aggregate investment in non-traded direct participation programs limited to 10% of liquid net worth; exceptions for DRIP and accredited investors.
Amendment applies to Class K, K-I, K-T stockholders participating in the distribution reinvestment plan.
Update deletes and replaces the previous Alabama standard in the prospectus.

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