Choice Hotels — Feb 20, 2025 release

• Repurchased 3.1 million shares of common stock for $382.1 million during full-year 2024, representing 6% of the company’s market capitalization at the beginning of 2024. • Full-year 2025 net income is expected to range between $ 288 to $300 million; full-year 2025 adjusted EBITDA is expected to range between $625 and $640 million. “Choice Hotels generated another year of strong results in 2024, exceeding the top end of our earnings guidance and delivering a 4.3% year-over-year net increase in our more revenue-intense domestic rooms portfolio, a testament to the success of our growth strategy,” said Patrick Pacious, President and Chief Executive Officer. “In 2024, we also successfully relaunched four brands, substantially expanded our partnerships business, significantly increased our international footprint, achieved record organic rewards program growth, and unlocked new value through additional ancillary revenue opportunities. As we enter 2025, we will continue to realize the earnings growth from our past investments, meaningfully expand the scale of our business, and accelerate our growth in the coming years.” Financial Performance ($ in millions, except per share amounts) Three months ended December 31 Twelve months ended December 31 2024 2023 2024 2023 Total Revenues $390 $358 $1,585 $1,544 Revenues Excluding Reimbursable Revenue from Franchised and Managed Properties 1 $229 $213 $947 $835 Net Income $76 $29 $300 $259 Adjusted Net Income $74 $72 $332 $312 Diluted Earnings per Share $1.59 $0.58 $6.20 $