Our mission: WE PUT THE WORLD ON VACATION

PROVEN RESILIENT FAVORABLE TIMESHARE BUSINESS MODEL MARKET DYNAMICS REALITY VS. PERCEPTION EXPANDING STRONG MARGINS PLATFORM AND FCF ROBUST CAPITAL RETURNS FIRST PARTNERSHIP WITH SPORTS ILLUSTRATED RESORTS ▸ Network of sports-themed resort and lifestyle resorts in popular college towns and leisure destinations Acquired the rights to the vacation ownership business of Sports Hospitality Ventures, LLC ▸ First location planned at the University of Alabama in Tuscaloosa anticipated to open in late 2025 Expected to drive incremental growth starting in the second half of 2025. TRAVEL+ LEISURE G ||||| 23

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