Investor Presentation November 2023

INVESTOR PRESENTATION NOVEMBER 2023 Reductions in Water, Energy and Waste Intensity At the conclusion of our fourth year of formalized corporate ESG programming, we committed to long-term environmental targets for Pebblebrook, including a 35% reduction target for GHG emissions intensity by 2030. We remain committed to environmental protection, awareness, and reducing greenhouse gas emissions. We issued our annual ESG report in early November 2022. Water Highlights (1) 89% of properties have low flow or water- conserving showerheads 85% of properties have low flow toilets 85% of properties have installed low flow aerators to conserve water 81% of properties have implemented at least one measure to improve water efficiency over the past four years 71% of properties use native or drought tolerant landscaping to reduce irrigation needs 53% of properties have a smart irrigation system and/or are equipped with automatic sprinkler systems with moisture sensors to prevent watering during or after rain Energy Highlights(¹) 98% of properties have digital thermostats 85% of properties have undertaken at least one energy conservation measure in the past four years 74% of properties have installed occupancy sensors for reducing heating/cooling when guestrooms are unoccupied 72% of properties have installed LED interior light bulbs property-wide Newly Stated Emissions Goal Waste Highlights (1) 91% of properties have implemented at least one measure to improve waste management over the past four years 87% of properties have recycling available in at least one common area 76% of properties have eliminated plastic straws from the property 51% of properties compost food waste In Pebblebrook's recently published ESG report, we announced that we are targeting to reduce our GHG emissions intensity by 35% by 2030. 10% of our annual cash bonus is tied to a number of ESG initiatives we've committed to in 2022. pebblebrook HOTEL TRUST (1) All metrics represent year-end 2021 figures. 33 33

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