An anonymous trustee reports

NEXPOINT HOSPITALITY TRUST ANNOUNCES RESIGNATION OF AUDITOR

Frazier & Deeter LLC (F&D) has resigned as auditor of Nexpoint Hospitality Trust, effective Nov. 27, 2023. F&D's resignation resulted from a position taken by CPA Ontario that, under certain circumstances, foreign accounting firms and their partners may be considered to be engaging in public accounting work in Ontario as a result of performing audits of Ontario reporting issuers, thereby triggering a requirement to be licensed by CPA Ontario. The REIT has commenced a process to engage a successor auditor for the 2023 fiscal year.

In accordance with National Instrument 51-102 -- Continuous Disclosure Obligations, the REIT will file a notice of change of auditor within 14 days of the date of resignation. To the REIT's knowledge, there were no reportable events, disagreements or unresolved issues (as such terms are defined in NI 51-102) between the REIT and F&D.

About Nexpoint Hospitality Trust

Nexpoint is a publicly traded real estate investment trust. 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 United States. Nexpoint is externally advised by Nexpoint Real Estate Advisors VI LP.