Investor Presentaiton

Park Hotels & Resorts: Board of Directors (cont'd) Name 33 | Principal Occupation • EVP and Chief Financial Officer Jones Lang LaSalle Incorporated Christie B. Kelly Chair of Audit Committee Park Hotels and Resorts Experience Executive Vice President and Chief Financial Officer of Jones Lang LaSalle (NYSE: JLL) since 2013 • Executive Vice President and Chief Financial Officer of Duke Realty (NYSE: DRE) from 2009 until June 2013 • Former Senior Vice President, global real estate at Lehman Brothers Serves on the board of Kite Realty Trust (NYSE: KRG) . Senior counsel with Kasowitz, Benson, Torres & Friedman LLP Senior Counsel Senator Joseph I. Lieberman Kasowitz, Benson, Torres & Friedman LLP Xianyi Mu Timothy J. Naughton Stephen I. Sadove Chief Investment Officer HNA Holding Group Co., Ltd. Chairman, Chief Executive Officer and President AvalonBay Communities, Inc. Chair of Nominating and Corporate Governance Committee Founding Partner • • • JW Levin Management Partners LLC Chair of Compensation Committee Served 24 years in the U.S. Senate (Connecticut), retiring in January 2013; served as Chairman of the Committee on Homeland Security and Government Affairs, helping to shape legislation for homeland security, foreign policy, fiscal policy, environmental protection, human rights, health care, trade, energy, cyber security and taxes . Attorney General of the State of Connecticut - 1983 until 1988 Chief Investment Officer of HNA Holding Group Co., Ltd. since December 2016 Previously served as the President of HNA Investment Group Co. Ltd. from 2015 until 2016 and as the Vice President and Chief Financial Officer of HNA Hotel Group Co., Ltd. from 2011 until 2014 Served on the board of directors of NH Hotel Group SA from 2013 until 2016 Chairman, Chief Executive Officer and President of AvalonBay Communities (NYSE: AVB). Has served as Chairman of AvalonBay since May 2013, as Chief Executive Officer since January 2012 and as President since February 2005 Serves on the board of directors of Welltower (NYSE: HCN) Serves as Chair of NAREIT, is a member of The Real Estate Round Table and is a member and past Chairman of the Multifamily Council of the ULI Founding partner of JW Levin Management Partners LLC, a private management and investment firm, since 2015 Chairman and Chief Executive Officer of Saks Incorporated from 2007 until 2013 President of Bristol-Myers (NYSE: BMY) from 1991 until 2001 • Serves on the board of directors of Colgate-Palmolive Company (NYSE: CL), Ruby Tuesday (NYSE: RT), and Aramark (NYSE: ARMK). Also serves as the chairman of the Board of Trustees of Hamilton College PARK HOTELS & RESORTS

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