Travel+Leisure Timeshare Market Dynamics and Financial Overview

TRAVEL+ LEISURE PROVEN RESILIENT BUSINESS MODEL FAVORABLE MARKET DYNAMICS Annual Dividend Growth $2.00 $1.80 $1.60 $1.50 $1.00 $0.50 $0.00 2019 2020 TIMESHARE REALITY VS. PERCEPTION EXPANDING PLATFORM +20% STRONG MARGINS AND FCF ROBUST CAPITAL RETURNS $1.80 (1) $1.60 $1.25 2021 2022 2023 (1) Annualized dividend amount includes expected 2023 dividends that are subject to declaration at the discretion of the Board of Directors. 30

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