Summit Hotel Properties launches $200M ATM equity program with forward sales

Summit Hotel Properties, Inc.

Equity distribution agreement dated Aug 7, 2026 allows sale of up to $200M common stock via 15 managers.
Proceeds to fund hotel acquisitions, repay debt, capital improvements, and general corporate purposes.
Sales at market prices on NYSE; manager commissions capped at 2.0% of gross sales price.
Forward sale agreements permit physical, cash, or net share settlement; company expects physical settlement.
Program uses existing shelf registration (File No. 333-293752) with prospectus supplement dated Aug 7, 2026.

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