An anonymous trustee reports

NEXPOINT HOSPITALITY TRUST ANNOUNCES INTENT TO ADJOURN UPCOMING UNITHOLDER MEETING

Nexpoint Hospitality Trust intends to adjourn the annual and special meeting of unitholders currently scheduled for Thursday, Oct. 12, 2023, at 10 a.m. Toronto time, and to reconvene the meeting on Thursday, Oct. 26, 2023, at 10 a.m. Toronto time. To implement the adjournment, the meeting will still be convened on Oct. 12, 2023, but it will be immediately adjourned. Other than a motion to adjourn the meeting, there will be no voting or other matters conducted at the meeting.

The real estate investment trust is adjourning the meeting to accommodate the hearing of an application filed with the Capital Markets Tribunal seeking additional disclosure with regard to the resolution to be considered at the meeting approving certain amendments to the COVID loans (as defined in the REIT's management information circular dated Sept. 11, 2023). The REIT believes that the circular includes all required information; however, it has agreed to adjourn the meeting to accommodate timing for a hearing before the tribunal.

No changes have been, or are expected to be, made to the record date or the proposals to be brought before the meeting, which are presented in the circular. All proxies submitted to date remain valid ,including those submitted after the original proxy deadline for the meeting. Given the adjournment, proxies may be received by the REIT's transfer agent, TSX Trust Company, until Tuesday, Oct. 24, at 10 a.m. Toronto time.

About Nexpoint Hospitality Trust

Nexpoint is a publicly traded real estate investment trust, with its units listed on the TSX Venture Exchange under the ticker NHT.U. Nexpoint is focused on acquiring, owning and operating well-located hospitality properties in the United States that offer a high current yield and in many cases are underperforming assets with the potential to increase in value through investments in capital improvements, a market-based recovery, brand repositioning, revenue enhancements, operational improvements, expense inefficiencies, and exploiting excess land or underutilized space. Nexpoint owns nine branded properties sponsored by Marriott, Hilton, Hyatt and Intercontinental Hotels Group, located across the United States. Nexpoint is externally advised by Nexpoint Real Estate Advisors VI LP.