Travel + Leisure — Apr 23, 2025 release

Share Repurchases — During the first quarter of 2025, the Company repurchased 1.3 million shares of common stock for $70 million at a weighted average price of $52.27 per share. As of March 31, 2025, the Company had $373 million remaining in its share repurchase authorization. Dividend — The Company paid $41 million ($0.56 per share) in cash dividends on March 31, 2025 to shareholders of record as of March 17, 2025 . Management will recommend a second quarter dividend of $0.56 per share for approval by the Company’s Board of Directors in May 2025. 3 Outlook The Company is providing guidance for the second quarter 2025: • Adjusted EBITDA of $245 million to $255 million • Gross VOI sales of $620 million to $640 million • VPG of $3,050 to $3,150 The Company is providing guidance for the 2025 full year: • Adjusted EBITDA of $955 million to $985 million • Gross VOI sales of $2.4 billion to $2.5 billion • VPG of $3,050 to $3,150 • Travel and Membership Adjusted EBITDA of flat to down 2% This guidance is presented only on a non-GAAP basis because not all of the information necessary for a quantitative reconciliation of forward-looking non-GAAP financial measures to the most directly comparable GAAP financial measure is available without unreasonable effort, primarily due to uncertainties relating to the occurrence or amount of these adjustments that may arise in the future. Where one or more of the currently unavailable items is applicable, some items could be material, individually or in the aggregate, to GAAP repo