Investor Presentaiton

WYNDHAM •DESTINATIONS WYND's Positioning Far Superior to Prior Cycles 2008 2018 VO segment Stronger margins 16% 24% adjusted EBITDA margins Capital efficient Capital efficient inventory sourcing <25% >85% 1 inventory mix Average FICO on Credit quality improved 691 727 new originations Average down payment Increased down payment requirements 13% 22% % of financed VOI sales 2 Hotel affinity sales Blue Thread sales - $66M Vacation ownership Large geographic footprint 150 224 resorts 12 1. Average of last four years 2. Represents average down payment percentage on financed sales in the U.S. only 24

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