Procaccianti Hotel REIT renews advisory agreement; updates CA suitability standards

PROCACCIANTI HOTEL REIT, INC.

Board authorized one-year renewal of Advisory Agreement with Procaccianti Hotel Advisors, LLC, effective Aug 2, 2026.
Renewal follows board review of Advisor's performance over the past year.
Suitability standards for Class K and K-I shares updated for California DRIP participants effective Aug 4, 2026.
New CA standards: liquid net worth >= $350k OR gross income >= $100k and net worth >= $100k; max investment 10% of net worth.

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