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Investor Presentaiton

QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS Reconciliation of Non-GAAP Measures ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION ("EBITDA") ($thousands) Net income Income tax expense Interest expense Interest income Other (gains) losses Equity in operating net (gain) loss of affiliates, net of impairments Loss on impairment of affiliate Gain on sale of affiliate Gain on sale of assets Depreciation and amortization Mark to market adjustments on non-qualified retirement plan investments Operational restructuring charges Share-based compensation Due diligence costs Extraordinary termination fees from franchisee Expenses associated with legal claims Net reimbursable revenues from franchised and managed properties Exceptional allowances attributable to COVID-19 Franchise agreement acquisition costs amortization Adjusted EBITDA REVENUES, EXCLUDING REIMBURSABLE REVENUE FROM FRANCHISED AND MANAGED PROPERTIES AND EXTRAORDINARY TERMINATION FEES ($thousands) Total revenues Adjustments: Marketing and reservation system activities Revenues, excl. reimbursable revenue from franchised and managed properties and extraordinary termination fees Adjusted EBITDA margin *Figures are calculated using guidelines from the ASC 606 Revenue Recognition Standard. APPENDIX Q3 2022* 103,079 Q3 2021* 116,653 33,696 34,934 9,362 11,638 (2,348) (1,202) 2,303 407 (1,075) 957 (4,283) (13,379) 9,668 5,883 (1,419) (61) 5,416 4,662 3,016 19,496 (22,647) 3,000 (9,702) (40,655) 989 2,262 139,373 $ 1,961 133,238 Q3 2022 414,265 Q3 2021 323,368 (189,382) 200,991 69% (135,988) $ 166,497 80% 14
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