An anonymous director reports

NEXPOINT HOSPITALITY TRUST AMENDS COVID LOANS

Nexpoint Hospitality Trust has entered into certain amendments with each of the lenders in respect of the convertible promissory notes issued by Nexpoint between June, 2021, and September, 2022 (the COVID loans). For further details on the amendments, please see the real estate investment trust's management information circular dated Sept. 11, 2023. The amendments, which were made at the request of the TSX Venture Exchange, constituted related party transactions under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions, and were approved by the requisite majority of disinterested unitholders at Nexpoint's annual and special meeting of unitholders held on Oct. 26, 2023.

About Nexpoint Hospitality Trust

Nexpoint Hospitality Trust is a publicly traded real estate investment trust, with its units listed on the TSX Venture Exchange under the ticker NHT.U. Nexpoint is principally 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 U.S. Nexpoint is externally advised by NexPoint Real Estate Advisors VI LP.