Sunstone Hotel Investors, Inc. — fact timeline

Sunstone Hotel Investors, Inc. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2026-05-01 meeting.

“Item 5.07. Submission of Matters to a Vote of Security Holders. ​ On May 1, 2026, the Company held its Annual Meeting of Stockholders. The matters on which the stockholders voted, in person or by proxy, and the results of such voting were as follows: ​ 1) Election of nine directors to serve until the next annual meeting and until their successors are elected and qualified: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes W. Blake Baird ​ 149,914,689 ​ 16,338,177 ​ 350,329 ​ 8,093,655 Michael Barnello ​ 165,830,933 ​ 428,153 ​ 344,109 ​ 8,093,655 Andrew Batinovich ​ 158,482,101 ​ 7,770,796 ​ 350,298 ​ 8,093,655 Monica S. Digilio ​ 160,289,955 ​ 5,376,085 ​ 937,155 ​ 8,093,655 Bryan A. Giglia ​ 165,380,603 ​ 875,687 ​ 346,905 ​ 8,093,655 Kristina M. Leslie ​ 164,608,502 ​ 1,644,395 ​ 350,298 ​ 8,093,655 Murray J. McCabe ​ 162,645,155 ​ 3,613,931 ​ 344,109 ​ 8,093,655 Verett Mims ​ 164,645,838 ​ 1,607,059 ​ 350,298 ​ 8,093,655 Douglas M. Pasquale ​ 139,16”

Sunstone Hotel Investors, Inc. shareholders approved Ratification of the Audit Committee’s appointment of Ernst & Young, LLP to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-01 meeting.

“Item 5.07. Submission of Matters to a Vote of Security Holders. ​ On May 1, 2026, the Company held its Annual Meeting of Stockholders. The matters on which the stockholders voted, in person or by proxy, and the results of such voting were as follows: ​ 1) Election of nine directors to serve until the next annual meeting and until their successors are elected and qualified: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes W. Blake Baird ​ 149,914,689 ​ 16,338,177 ​ 350,329 ​ 8,093,655 Michael Barnello ​ 165,830,933 ​ 428,153 ​ 344,109 ​ 8,093,655 Andrew Batinovich ​ 158,482,101 ​ 7,770,796 ​ 350,298 ​ 8,093,655 Monica S. Digilio ​ 160,289,955 ​ 5,376,085 ​ 937,155 ​ 8,093,655 Bryan A. Giglia ​ 165,380,603 ​ 875,687 ​ 346,905 ​ 8,093,655 Kristina M. Leslie ​ 164,608,502 ​ 1,644,395 ​ 350,298 ​ 8,093,655 Murray J. McCabe ​ 162,645,155 ​ 3,613,931 ​ 344,109 ​ 8,093,655 Verett Mims ​ 164,645,838 ​ 1,607,059 ​ 350,298 ​ 8,093,655 Douglas M. Pasquale ​ 139,16”

Sunstone Hotel Investors, Inc. shareholders approved Election of nine directors to serve until the next annual meeting and until their successors are elected and qualified at the 2026-05-01 meeting.

“Item 5.07. Submission of Matters to a Vote of Security Holders. ​ On May 1, 2026, the Company held its Annual Meeting of Stockholders. The matters on which the stockholders voted, in person or by proxy, and the results of such voting were as follows: ​ 1) Election of nine directors to serve until the next annual meeting and until their successors are elected and qualified: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes W. Blake Baird ​ 149,914,689 ​ 16,338,177 ​ 350,329 ​ 8,093,655 Michael Barnello ​ 165,830,933 ​ 428,153 ​ 344,109 ​ 8,093,655 Andrew Batinovich ​ 158,482,101 ​ 7,770,796 ​ 350,298 ​ 8,093,655 Monica S. Digilio ​ 160,289,955 ​ 5,376,085 ​ 937,155 ​ 8,093,655 Bryan A. Giglia ​ 165,380,603 ​ 875,687 ​ 346,905 ​ 8,093,655 Kristina M. Leslie ​ 164,608,502 ​ 1,644,395 ​ 350,298 ​ 8,093,655 Murray J. McCabe ​ 162,645,155 ​ 3,613,931 ​ 344,109 ​ 8,093,655 Verett Mims ​ 164,645,838 ​ 1,607,059 ​ 350,298 ​ 8,093,655 Douglas M. Pasquale ​ 139,16”

Sunstone Hotel Investors, Inc. reported first quarter ended March 31, 2026 results: net income $16.0 million, EPS $0.08 per diluted share.

“quarter ended March 31, 2026. ​ First Quarter 2026 Operational Results (as compared to First Quarter 2025): ​ ● Net Income: Net income attributable to common stockholders was $16.0 million, or $0.08 per diluted share, as compared to $1.3 million, or $0.01 per diluted share. ● RevPAR : RevPAR for all hotels in the portfolio increased 14.6% to $255.04. The average”

David Klein departed as General Counsel and Secretary at Sunstone Hotel Investors, Inc..

“David Klein will depart from his position as General Counsel and Secretary of the Company, effective May 31, 2026.”

Chris Ostapovicz departed as Chief Operating Officer at Sunstone Hotel Investors, Inc..

“Chris Ostapovicz will depart from his position as Chief Operating Officer of the Company, effective January 21, 2025.”

Sunstone Hotel Investors, Inc. reported first quarter ended March 31, 2024 results: net income $13.0 million, EPS $0.18.

“Sunstone Hotel Investors, Inc. (the "Company") issued a press release regarding its financial results for the first quarter ended March 31, 2024.”

Sunstone Hotel Investors, Inc. shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2024-05-03 meeting.

“Advisory vote to approve the compensation of the Company’s named executive officers:”

Sunstone Hotel Investors, Inc. shareholders approved Ratification of the Audit Committee's appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-03 meeting.

“Ratification of the Audit Committee’s appointment of Ernst & Young LLP to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024:”

Sunstone Hotel Investors, Inc. shareholders approved Election of eight directors to serve until the next annual meeting at the 2024-05-03 meeting.

“Election of eight directors to serve until the next annual meeting and until their successors are elected and qualified:”

Sunstone Hotel Investors, Inc. reported year ended December 31, 2023 results: net income $206.7 million, EPS $0.95.

“Sunstone Hotel Investors, Inc. (the “Company”) issued a press release regarding its financial results for the fourth quarter and year ended December 31, 2023.”

Sunstone Hotel Investors, Inc. reported fourth quarter ended December 31, 2023 results: net income $127.0 million, EPS $0.19.

“Sunstone Hotel Investors, Inc. (the “Company”) issued a press release regarding its financial results for the fourth quarter and year ended December 31, 2023.”

Sunstone Hotel Investors, Inc. reported the third quarter ended September 30, 2023 results: net income Net income was $15.6 million, EPS $0.23 per diluted share.

“On November 7, 2023, Sunstone Hotel Investors, Inc. (the “Company”) issued a press release regarding its financial results for the third quarter ended September 30, 2023.”

Sunstone Hotel Investors, Inc. reported the second quarter ended June 30, 2023 results: net income $43.1 million.

“On August 4, 2023, Sunstone Hotel Investors, Inc. (the “Company”) issued a press release regarding its financial results for the second quarter ended June 30, 2023.”

Sunstone Hotel Investors, Inc. reported the first quarter ended March 31, 2023 results: net income $21.1 million.

“ALISO VIEJO, CA – May 5, 2023 – Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced results for the first quarter ended March 31, 2023.”

Sunstone Hotel Investors, Inc. shareholders approved Advisory vote on the frequency of holding an advisory vote on the compensation of the Company’s named executive officers at the 2023-05-04 meeting.

“Advisory vote on the frequency of holding an advisory vote on the compensation of the Company’s named executive officers: ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 Year ​ 2 Years ​ 3 Years ​ Abstentions ​ Broker Non-Votes 176,166,836 ​ 3,394 ​ 7,583,016 ​ 20,711 ​ 6,307,418”

Sunstone Hotel Investors, Inc. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2023-05-04 meeting.

“Advisory vote to approve the compensation of the Company’s named executive officers: ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes 177,694,295 ​ 5,826,876 ​ 252,786 ​ 6,307,418”

Sunstone Hotel Investors, Inc. shareholders approved Ratification of the Audit Committee’s appointment of Ernst & Young LLP to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-04 meeting.

“Ratification of the Audit Committee’s appointment of Ernst & Young LLP to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes 186,087,763 ​ 3,976,514 ​ 17,098 ​ —”

Sunstone Hotel Investors, Inc. shareholders approved Election of seven directors to serve until the next annual meeting and until their successors are elected and qualified at the 2023-05-04 meeting.

“Election of seven directors to serve until the next annual meeting and until their successors are elected and qualified: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes W. Blake Baird ​ 160,538,382 ​ 22,994,057 ​ 241,518 ​ 6,307,418 Andrew Batinovich ​ 173,845,008 ​ 9,687,434 ​ 241,515 ​ 6,307,418 Monica S. Digilio ​ 172,262,819 ​ 11,269,616 ​ 241,522 ​ 6,307,418 Kristina M. Leslie ​ 175,285,602 ​ 8,246,503 ​ 241,852 ​ 6,307,418 Murray J. McCabe ​ 175,276,426 ​ 8,256,013 ​ 241,518 ​ 6,307,418 Verett Mims ​ 175,692,331 ​ 7,839,377 ​ 242,249 ​ 6,307,418 Douglas M. Pasquale ​ 139,648,401 ​ 43,882,009 ​ 243,547 ​ 6,307,418”

Sunstone Hotel Investors, Inc. entered into Term Loan Agreement with Bank of America, N.A., Wells Fargo Bank, National Association, JPMorgan Chase Bank, N.A., Regions Bank, Truist Bank, U.S. Bank National Association, Sumitomo Mitsui Banking Corporation and Bank of Hawaii valued at $225 million (effective 2023-05-01).

“On May 1, 2023, Sunstone Hotel Investors, Inc. (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) among the Company, Sunstone Hotel Partnership, LLC, Bank of America, N.A., Wells Fargo Bank, National Association, JPMorgan Chase Bank, N.A., Regions Bank, Truist Bank, U.S. Bank National Association, Sumitomo Mitsui Banking Corporation and Bank of Hawaii. The Term Loan Agreement provides for a $225 million unsecured delayed draw term loan facility.”

Sunstone Hotel Investors, Inc.: Board amended and restated the bylaws to update proxy rules, stockholder nominations, emergency procedures, and virtual meetings, effective February 9, 2023 (effective 2023-02-09).

“On February 9, 2023, the Board amended and restated the Company’s bylaws, effective as of February 9, 2023 (as so amended and restated, the “Third Amended and Restated Bylaws”), to, among other things: • address the universal proxy rules adopted by the U.S. Securities and Exchange Commission, by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including applicable notice and solicitation requirements; • enhance procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of proposals regarding other business at stockholder meetings, including requiring additional background information and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder’s solicitation of proxies; • permit the Board and stockh”

Sunstone Hotel Investors, Inc. reported financial results for third quarter ended September 30, 2022.

“On November 8, 2022, Sunstone Hotel Investors, Inc. (the “Company”) issued a press release regarding its financial results for the third quarter ended September 30, 2022.”

Douglas Pasquale was appointed as Executive Chairman at Sunstone Hotel Investors, Inc..

“On March 4, 2022, the Company appointed Douglas Pasquale as Executive Chairman effective as of March 7, 2022 until September 1, 2022.”

Bryan Giglia was appointed as Chief Executive Officer at Sunstone Hotel Investors, Inc..

“appointed Bryan Giglia, age 45, as Chief Executive Officer effective as of March 7, 2022.”

Douglas Pasquale was appointed as Interim Chief Executive Officer at Sunstone Hotel Investors, Inc..

“on September 10, 2021, the Compensation Committee of the Board approved entering into an employment agreement (the “Employment Agreement”) with the Company’s Interim Chief Executive Officer, Douglas Pasquale (the “Executive”).”

Douglas M. Pasquale was appointed as Chief Executive Officer at Sunstone Hotel Investors, Inc..

“The Board has appointed Douglas M. Pasquale, currently chairman of the Board, to serve as the Company’s Chief Executive Officer, effective immediately.”

John V. Arabia departed as President and Chief Executive Officer at Sunstone Hotel Investors, Inc..

“On September 2, 2021, the Board of Directors (the “Board”) of Sunstone Hotel Investors, Inc. (the “Company”) determined to separate with John V. Arabia, with respect to his role as the Company’s President and Chief Executive Officer.”