Pebblebrook Hotel Trust Authorizes New Share Repurchase Program

On October 21, 2025, Pebblebrook Hotel Trust announced that its Board authorized a new share repurchase program of up to $150.0 million of the Company's outstanding common shares. This new program replaces the prior common share repurchase program. The Company may repurchase common shares from time to time in transactions on the open market or by private agreement. The timing, manner, price, and amount of any repurchases will be determined by the Company based on various factors, including legal requirements, price, liquidity, economic considerations, and market conditions. The program does not require the Company to repurchase any specific number of shares and does not have an expiration date. It may be suspended, modified, or discontinued at any time.