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TRAVEL+ LEISURE PROVEN RESILIENT FAVORABLE TIMESHARE BUSINESS MODEL MARKET DYNAMICS REALITY VS. PERCEPTION EXPANDING PLATFORM STRONG MARGINS AND FCF ROBUST CAPITAL RETURNS YOUNGER GENERATIONS ARE BUYING Gen-X¹ 25% of new owner sales Millennial and Gen-Z¹ 41% of new owner sales Family formation drives interest in timeshare (1) New owner sales for the nine months ended September 30, 2023. CLUB WYNDHAM DESERT BLUE 19

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