Investor Presentaiton

WYNDHAM •DESTINATIONS Strengths and Competitive Advantages Leading Size and Scale • Customer acquisition drives top line growth Access to deals that grow the network Flexible points-based product Best at Owner Acquisition . Unassailable leader in Open Market channels Untapped Blue Thread potential Owner base with highly predictable revenues Expansive Brand Portfolio • Differentiated ownership and exchange brands Grow/expand into new markets Development partner of choice 3

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