Pebblebrook Hotel Trust Launches Proxy Website

8/5/18

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) today announced the launch of its campaign website in connection with its opposition to LaSalle Hotel Properties’ (NYSE:LHO) merger agreement with BRE Landmark L.P., an affiliate of the Blackstone Group L.P. (NYSE:BX) (together with BRE, “Blackstone”), at a take-under price of $33.50 per share. The site includes press releases and SEC filings that outline Pebblebrook’s rationale in opposing the transaction, as well as instructions on how to vote against the merger agreement at the September 6, 2018 LaSalle Shareholder Meeting. The website can be accessed by visiting the Investor Relations section of Pebblebrook’s website, investor.pebblebrookhotels.com or by clicking here.

HOW TO VOTE

To vote “AGAINST” the BRE Proposal, the Payout Proposal and the Adjournment Proposal at the Special Meeting, please follow these instructions.

We urge you to vote in advance of the meeting by signing and dating the GOLD proxy card and returning it using the postage-paid envelope mailed to you.

Vote by Mail

If you hold LaSalle Common Shares directly in your name as a shareholder of record, please complete, sign and date the GOLD proxy card and return it promptly in the postage-paid envelope.

To be able to vote your LaSalle Common Shares in accordance with your instructions at the Special Meeting, please send us your proxy as soon as possible. You may vote your LaSalle Common Shares without submitting a proxy to us if you vote in person or submit a proxy to LaSalle.

If you hold LaSalle Common Shares in “street name,” meaning through a broker, bank, nominee or other holder of record, to vote by mail, you will need to sign, date and mark the voting instruction form provided by your broker, bank, nominee or other holder of record with the proxy materials mailed to you and return it in the postage-paid return envelope provided. Your broker, bank, nominee or other holder of record must receive your voting instruction form in sufficient time to vote your shares.

Vote in Person

If you hold LaSalle Common Shares directly in your name as a shareholder of record, you may vote in person at the Special Meeting on September 6. Shareholders of record also may be represented by another person at the Special Meeting by executing a proper proxy designating that person in writing.

However, if you hold LaSalle Common Shares in “street name,” meaning through a broker, bank, nominee or other holder of record, you must obtain a legal proxy from that institution in order to vote your LaSalle Common Shares at the Special Meeting. To request a legal proxy, please contact your broker, bank, nominee or other holder of record.

Vote by Telephone

If you hold LaSalle Common Shares directly in your name as a shareholder of record, locate the Control Number located in the box on your Gold Voting Instruction Form, dial 1 (800) 454-8683 and follow the voting instructions.

However, if you hold LaSalle Common Shares in “street name,” meaning through a broker, bank, nominee or other holder of record, you must obtain a legal proxy from that institution in order to vote your LaSalle Common Shares at the Special Meeting. To request a legal proxy, please contact your broker, bank, nominee or other holder of record.

Vote by the Internet

If you hold LaSalle Common Shares directly in your name as a shareholder of record, locate the Control Number located in the box on your Gold Voting Instruction Form, go to www.Proxyvote.com to vote.

However, if you hold LaSalle Common Shares in “street name,” meaning through a broker, bank, nominee or other holder of record, you must obtain a legal proxy from that institution in order to vote your LaSalle Common Shares at the Special Meeting. To request a legal proxy, please contact your broker, bank, nominee or other holder of record.

For Additional Information

Okapi Partners LLC, or Okapi, is assisting Pebblebrook with its efforts to solicit proxies. If you have any questions concerning Pebblebrook’s Definitive Proxy Statement or would like additional copies, please contact:
Okapi Partners LLC 1212 Avenue of the Americas, 24th Floor
New York, NY 10036
(212) 297-0720
Shareholders may call toll free: (855) 305-0855
E-mail: info@okapipartners.com

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (“REIT”) organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. The Company owns 28 hotels, with a total of 6,973 guest rooms. The Company owns hotels located in 9 states and the District of Columbia, including: Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Washington, DC; Coral Gables, Florida; Naples, Florida; Buckhead, Georgia; Boston, Massachusetts; Minneapolis, Minnesota; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington. For more information, please visit us at www.pebblebrookhotels.com and follow us on Twitter at @PebblebrookPEB.

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