On November 10, 2026 (the "Effective Date"), Justin Coe notified Ashford Hospitality Trust, Inc. (the "Company") of his resignation as the Company's principal financial officer, principal accounting officer and Chief Accounting Officer, effective as of the Effective Date. Mr. Coe’s resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

 

Effective as of the Effective Date, the Company's Board of Directors appointed Randy Jones to serve as the Company's principal financial officer, principal accounting officer and Chief Accounting Officer, in each case succeeding Mr. Coe.

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