American Hotel Income Properties REIT LP announced the appointment of Amy Freedman as an independent director and the resignation of Richard Frank as an independent director of the Company. Ms. Freedman was also appointed as the Chair of the Compensation Committee and as a member of each of the Audit Committee and Investment Committee effective October 18, 2023. Amy Freedman is a Partner and Head of Engagement Fund Investment at Ewing Morris & Co.Investment Partners Ltd.Ms. Freedman was previously Chief Executive Officer of Kingsdale Advisors, a leading shareholder services and advisory firm specializing in strategic and defensive advisory, governance advisory, proxy and voting analytics and investor communications.

Prior to Kingsdale, Ms. Freedman spent over 15 years in capital markets as an investment banker with global firms including Stifel and Morgan Stanley in both Toronto and New York. She holds an MBA and JD from the University of Toronto. Ms. Freedman currently serves as a director of Canaccord Genuity Corp.

and Mandalay Resources Corporation. Ms. Freedman was appointed following an extensive search and review of qualified candidates conducted by AHIP as part of its previously disclosed commitment to add a further female director to its Board prior to year end in furtherance of AHIP?s overall commitment to Board diversity. Mr. Frank resigned as a director of the Company and from various Board Committees in order to focus on other opportunities and to allow AHIP to progress its Board gender diversity goals.