Portfolio Re-Investment and Growth Opportunities Presentation slide image

Portfolio Re-Investment and Growth Opportunities Presentation

COMPANY OVERVIEW RECENT HIGHLIGHTS PORTFOLIO UPDATE GROWTH OPPORTUNITIES CORPORATE RESPONSIBILITY RECONCILIATIONS & SUPPLEMENTAL INFO Recent Capital Allocation. DIVIDEND $1.2B CAPITAL RETURN TO STOCKHOLDERS Total dividends paid since re-introducing the dividend post-pandemic in 2022 SHARE REPURCHASE $208M Since 2022, 13.1 million shares repurchased at an average price of $15.93 $792 million of remaining capacity under the current repurchase program RE-INVESTMENT $1.7B PORTFOLIO INVESTMENTS Portfolio re-investment on ROI capex projects between 2019-2024E ► Projects include comprehensive renovations and ROI developments ACCRETIVE RECYCLING (1) ACQUISITIONS DISPOSITIONS $2.4B @ 13.0x $1.5B @ 17.5x EBITDA From 2021-2024, accretively recycled assets in the portfolio to elevate the EBITDA growth profile EBITDA ► Acquired 10 fee-simple assets in 6 new markets with no meaningful near-term capex expected Disposed of 11 legacy assets, 3 on ground leases, and avoided $470 million in estimated near-term capex 1) See footnote 1 on slide 10 for comparable GAAP metrics. 2024 Host Hotels & Resorts, Inc. 18
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