Exhibit A

JOINT FILING AGREEMENT

The undersigned agree that this Schedule 13G Amendment No. 7 dated August 14, 2025 relating to the 5.50% Series B Cumulative Convertible Preferred Stock, of Braemar Hotels & Resorts Inc. shall be filed on behalf of the undersigned.

 

INFRASTRUCTURE CAPITAL ADVISORS, LLC

 

By: /s/ Samuel Caffrey-Agoglia

  Name: Samuel Caffrey-Agoglia
  Title:  General Counsel and Chief Compliance Officer

 

 

 

VIRTUS INFRACAP U.S. PREFERRED STOCK ETF, A SERIES OF ETFIS SERIES TRUST I

 

By: /s/ Samuel Caffrey-Agoglia

  Name: Samuel Caffrey-Agoglia
  Title:  General Counsel and Chief Compliance Officer

 

 

 

JAY HATFIELD

 

By: /s/ Jay Hatfield

 

 

 

INFRACAP EQUITY INCOME FUND ETF, A SERIES OF SERIES PORTFOLIOS TRUST

 

By: /s/ Samuel Caffrey-Agoglia

  Name: Samuel Caffrey-Agoglia
  Title:  General Counsel and Chief Compliance Officer