Portfolio Re-Investment and Growth Opportunities Presentation

COMPANY OVERVIEW 1) 2) RECENT HIGHLIGHTS PORTFOLIO UPDATE GROWTH OPPORTUNITIES CORPORATE RESPONSIBILITY RECONCILIATIONS & SUPPLEMENTAL INFO Path Toward $2 Billion - Potential EBITDA Growth Assumptions. Let's assume our 2023 Adjusted EBITDAre as a starting point(¹)... OPERATIONS Occupancy increase of approximately 4 percentage points beyond 2023, which is roughly half of the occupancy gap between 2023 and 2019 Incremental EBITDA from occupancy increase assumes 2024E Comparable Hotel midpoints of total revenue per occupied room and EBITDA margin EXTERNAL INVESTMENT $3 billion of net acquisitions at a 14x EBITDA multiple followed by stabilization of those assets in 2-3 years at a 12x EBITDA multiple This level of net acquisitions would maintain leverage of 3.0x to 3.5x PORTFOLIO REINVESTMENT $250 million of ROI CapEx investment per year at a 12% cash-on-cash return for several years See Reconciliations & Supplemental Information for items that may affect these potential contributions and other estimates. See slide 2 (Forward Looking Statements) for factors that may affect future results and lodging demand. See slide 33 for calculation of net income measures. 2024 Host Hotels & Resorts, Inc. 37

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