Investor Presentation November 2023

INVESTOR PRESENTATION NOVEMBER 2023 Reasons to Invest in Pebblebrook $ Major capital investments & recent and ongoing operating efficiency initiatives are expected to generate significant EBITDA growth across the portfolio Hotel demand recovery is poised to significantly increase EBITDA, as occupancy is still substantially below pre-pandemic levels [4] Opportunity to acquire ownership in the Company at a +50% discount to current NAV pebblebrook TRUST 6

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