Marriott International — May 6, 2025 release

Compared to prior expectations, it incorporates somewhat softer expectations in the U.S. & Canada region. Second Quarter 2025 vs. Second Quarter 2024 Full Year 2025 vs. Full Year 2024 Comparable systemwide constant $ RevPAR growth Worldwide 1.5% to 2.5% 1.5% to 3.5% Year-End 2025 vs. Year-End 2024 Net rooms growth Approaching 5% ($ in millions, except EPS) Second Quarter 2025 Full Year 2025 Gross fee revenues $1,380 to $1,395 $5,365 to $5,475 Owned, leased, and other revenue, net of direct expenses Approx. $100 $345 to $355 General, administrative, and other expenses $245 to $240 $985 to $965 Adjusted EBITDA 1,2 $1,370 to $1,390 $5,285 to $5,425 Adjusted EPS – diluted 2,3 $2.57 to $2.62 $9.82 to $10.19 Effective tax rate Approx. 27% Approx. 26% Investment spending (including $355 million for citizenM) 4 $1,355 to $1,455 Capital return to shareholders 5 Approx. $4,000 1 See the press release schedules for the adjusted EBITDA calculations. 2 Adjusted EBITDA and Adjusted EPS – dil uted for second quarter and full year 2025 do not include cost reimbursement revenue, reimbursed expenses, restructuring and merger-related charges, income tax special items or any potential asset sales or property or brand acquisitions that may occur during the year (other than our planned acquisition of the citizenM brand, which we assume to occur in the second half of 2025), each of which the company cannot forecast with sufficient accuracy and without unreasonable