Hyatt Hotels — Feb 13, 2025 release

The Company is not providing an outlook for capital returns to shareholders at this time due to the pending Playa Transaction. Full Year 2025 vs. 2024 System-Wide Hotels RevPAR 1 Growth 2.0% to 4.0% Net Rooms Growth 6.0% to 7.0% (in millions) Full Year 2025 Net Income $190 - $240 Gross Fees $1,200 - $1,230 Adjusted G&A Expenses 2, 3 $450 - $460 Adjusted EBITDA 2 $1,100 - $1,150 Capital Expenditures Approx. $150 Adjusted Free Cash Flow 2 $450 - $500 1 RevPAR is based on constant currency whereby previous periods are translated based on the current period exchange rate. System-wide hotels RevPAR growth percentage for 2025 vs. 2024 is based on comparable hotels. 2 Refer to the tables on schedule A-11 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 and Adjusted Free Cash Flow. 3 During the year ended December 31, 2024, the Company revised its definition of Adjusted EBITDA to exclude transaction and integration costs and recast prior-period results to provide comparability. Refer to page A-6 of the schedules for additional detail. No disposition or acquisition activity beyond what has been completed as of the date of this release has been included in the 2025 Outlook. The Company's 2025 Outlook is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. If actual results vary from these assumptions, the Comp