CFO Deric Eubanks to depart March 31; Justin Coe named principal financial officer

ASHFORD HOSPITALITY TRUST INC

Deric Eubanks terminates as CFO of Ashford Hospitality Trust (AHT) and Braemar (BHR) effective March 31, 2026.
Justin Coe, current Chief Accounting Officer, will serve as principal financial officer after the termination date.
Eubanks receives $1.796M severance in 12 monthly installments plus $200K transition pay through June 2026.
Outstanding deferred cash grants of $3.316M continue vesting; Eubanks provides consulting up to 40 hrs/month.
Eubanks bound by 12-month non-compete, 24-month non-solicitation, and standstill obligations.

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