Strong Resort Performance and …

Full Year Same Property Total RevPAR Increase: 2.1%

Adjusted EBITDA: $359.2 million, a 0.8% increase, exceeding the midpoint of the outlook by $11.2 million

Adjusted FFO per Diluted Share: $1.68, a 5% increase, surpassing the outlook midpoint by $0.09

Fourth Quarter Same Property Total RevPAR Increase: 1.8%

Fourth Quarter Adjusted EBITDA: $62.7 million

Business Interruption Proceeds from Hurricane Ian: $5.4 million

Same Property Resort Occupancy Increase: 3.7% to 65%

California Resorts Occupancy Gain: 6.6 percentage points

California Resorts RevPAR Increase: 8.8%

Food and Beverage Revenue Growth in Q4: 7%

Urban Properties Occupancy Increase in Q4: 2.9 percentage points to 68.1%

Full Year Resort Occupancy Gain: 2.9…