Travel + Leisure — Jul 23, 2025 release

Highlights and outlook include: • Net income of $108 million, $1.62 diluted earnings per share, on net revenue of $1.02 billion • Adjusted EBITDA of $250 million and Adjusted diluted earnings per share of $1.65 (1) • Vacation Ownership revenue of $853 million, a 6 percent increase year-over-year • Volume per guest (VPG) of $3,251, a 7 percent increase year-over-year, on a 3 percent increase in tours • Expects third quarter Adjusted EBITDA of $250 million to $260 million and reaffirms full-year Adjusted EBITDA guidance of $955 million to $985 million • Returned $107 million to shareholders through $37 million of dividends and $70 million of share repurchases “Thanks to the exceptional work of the entire Travel + Leisure Co. team, we delivered another strong quarter. We saw healthy year-over-year growth in VOI sales, with gains in both tour flow and volume per guest. Our VPG performance remains strong as we ended the quarter above the high end of our guidance range,” said Michael D. Brown, President and CEO of Travel + Leisure Co. “Our multi-brand strategy continued to gain momentum in the first half of the year. We announced three exciting new projects: a Margaritaville Vacation Club resort in Orlando, a new Sports Illustrated Resorts location in Nashville, and the launch of our new Asia based Accor Vacation Club in Indonesia. These developments underscore the strength of our brand partnerships and our ability to grow and diversify our vacation ownership portfolio.” (1) This press release includes Adjusted EBITDA, Adjusted diluted EPS, Adjusted free cash flow, Gross VOI sales and Adjusted net income, which are measures that are not calculated in a