BRAEMAR HOTELS & RESORTS INC

Ticker: BHR CUSIP: 10482B101 Class: Common Stock

NORDEA INVESTMENT MANAGEMENT AB's Holding History (CIK: 0001218210)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 326,072 Value ($000) $3,981 Avg Close — Range —

Q4 2018

Shares 250,672 Value ($000) $2,238 Avg Close — Range —

Q3 2018

Shares 191,272 Value ($000) $2,251 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	326,072	$3,981	—	—
Q4 2018	250,672	$2,238	—	—
Q3 2018	191,272	$2,251	—	—