Hyatt Hotels — Feb 12, 2026 release

During the first quarter of 2026, the Company adjusted its definition of Adjusted EBITDA and will no longer include Hyatt's pro rata share of unconsolidated owned and leased hospitality ventures' Adjusted EBITDA. 2026 Full Year Outlook 2026 Outlook 2025 Change vs. 2025 System-Wide Hotels RevPAR Growth 1.0% to 3.0% Net Rooms Growth 6.0% to 7.0% (in millions) Net income (loss) attributable to Hyatt Hotels Corporation $235 - $320 $(52) 552% to 715% Gross Fees $1,295 - $1,335 $1,198 8% to 11% Adjusted G&A Expenses 1 $440 - $450 $445 (1)% to 1% Adjusted EBITDA 1 $1,155 - $1,205 $1,025 2 13% to 18% 2 Capital Expenditures Approx. $135 $220 Approx. (39)% Adjusted Free Cash Flow 1 $580 - $630 $474 22% to 33% Capital Returns to Shareholders 3 $325 - $375 1 Refer to the tables on schedule A-14 for a reconciliation of estimated net income (loss) 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. 2 Reflects a reduction of $78 million on to 2025 owned and leased segment Adjusted EBITDA to account for period of ownership of the Playa hotels and the impact of sold hotels and $56 million of pro rata share of unconsolidated owned and leased hospitality ventures' Adjusted EBITDA to reflect the updated definition of Adjusted EBITDA. Refer to schedule A-11 for further details. 3 The Company expects to return capital to shareholders through a combination of cash dividends on its common stock and share