MONTY MUST GO
Blackwells Capital LLC (“Blackwells”), a stockholder of Ashford Hospitality Trust, Inc. (“Ashford Hospitality Trust” or the “Company”) (NYSE: AHT), is urging stockholders to vote “AGAINST” the election of Monty J. Bennett, Amish Gupta, J. Robison Hays, III, Kamal Jafarnia, David W. Johnson, Frederick J. Kleisner, Sheri L. Pantermuehl, Davinder “Sonny” Sra and Alan L. Tallis to the Company’s Board of Directors at the Company’s 2024 annual meeting of stockholders, which is scheduled to be held on May 14, 2024.
The Company’s external manager, Ashford Hospitality Advisors LLC (“Ashford LLC”), a subsidiary of Ashford Inc. (together with Ashford LLC, “Ashford”), has collected more than $489 MILLION since 2014 while at least $620 MILLION of market capitalization vanished.(1)
IF THIS IS NOT Corporate PIRACY, WE DO NOT KNOW WHAT IS.
Vote "AGAINST" each of Ashford Hospitality Trust's Incumbent Directors
We urge you to vote “AGAINST” the election of Monty J. Bennett, Amish Gupta, J. Robinson Hays, III, Kamal Jafarnia, David W. Johnson, Frederick J. Kleisner, Sheri L. Pantermuehl, Davinder “Sonny” Sra and Alan L. Tallis.
Vote "AGAINST" Advisory Approval of Executive Compensation
This proposal, commonly known as a “Say-on-Pay” proposal, is not intended to address any specific item of compensation, but rather the overall compensation of the Company’s named executive officers. The Company is asking stockholders to approve, on an advisory basis, the compensation of its named executive officer.
WE RECOMMEND THAT YOU VOTE “AGAINST” THIS SAY-ON-PAY PROPOSAL.
Vote "FOR" The Ratification of BDO as the Company's Independent Auditors
The Company is asking stockholders to ratify the Audit Committee’s appointment of BDO. WE RECOMMEND YOU VOTE “FOR” PROPOSAL
(1)$620 million calculated as the difference in AHT market capitalization between December 31, 2014 market capitalization vs. April 8, 2024 from Capital IQ. This does not include additional equity issuance over this period which would greatly increase this figure as this equity was also wiped.
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