Hyatt Hotels — Oct 31, 2024 release

The dividend is payable on December 6, 2024 to Class A and Class B stockholders of record as of November 22, 2024. 2024 Outlook The Company is providing the following updated outlook for the 2024 fiscal year: Full Year 2024 vs. 2023 System-Wide Hotels RevPAR 1 3.0% to 4.0% Net Rooms Growth 7.75% to 8.25% Net Rooms Growth excluding Bahia Principe Transaction 4.0% to 4.5% (in millions) Full Year 2024 Net Income $1,400 - $1,450 Gross Fees $1,085 - $1,110 Adjusted G&A Expenses 2 $425 - $435 Adjusted EBITDA 2, 3 $1,100 - $1,120 Capital Expenditures Approx. $170 Free Cash Flow 2 $380 - $410 Capital Returns to Shareholders 4 Approx. $1,250 1 RevPAR is based on constant currency whereby previous periods are translated based on the current period exchange rate. RevPAR percentage for 2024 vs. 2023 is based on comparable hotels. 2 Refer to the tables on schedule A-9 for a reconciliation of estimated Net Income attributable to Hyatt Hotels Corporation to Adjusted EBITDA, G&A expenses to Adjusted G&A Expenses, and net cash provided by operating activities to Free Cash Flow. 3 During the nine months ended September 30, 2024, the Company revised its definition of Adjusted EBITDA to exclude transaction and integration costs and recast prior-period results to provide comparability. Adjusted EBITDA outlook reflects the removal of approximately $26 million relating to this definition revision. Refer to page A-5 of the schedules for additional detail. 4 The Company expects to return capital to shareh