Travel + Leisure — Feb 18, 2026 release

3 Outlook The Company is providing guidance for the 2026 full year: • Adjusted EBITDA to range from $1,030 million to $1,055 million • Gross VOI sales of $2.5 billion to $2.6 billion • VPG of $3,175 to $3,275 The Company is providing guidance for the first quarter 2026: • Adjusted EBITDA to range from $210 million to $220 million • Gross VOI sales of $520 million to $540 million • VPG of $3,200 to $3,250 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 reported results. 4 Conference Call Information Travel + Leisure Co. will hold a conference call with investors to discuss the Company’s results and outlook today at 8:30 a.m. ET. Participants may listen to a simultaneous webcast of the conference call, which may be accessed through the Company's website at travelandleisureco.com/investors, or by dialing 877-733-4794 ten minutes before the scheduled start time. For those unable to listen to the live broadcast, an archive of the webcast will be available on the Company's website for 90 days beginning at 12:00 p.m. ET today. Presentation of Financial Information Financial information