Page 1

TRAVEL + LEISURE THREE MONTHS ENDED 12/31/20 $ Travel + Leisure Co. 4Q & FY 2020 Results 鱼 Net Revenue Gross VOI Sales Adj . EBITDA VPG Increased $ 645M $ 281M $ 148M TWELVE MONTHS ENDED 12/31/20 $ s iS 24 % $ Net Revenue Gross VOI Sales Adj . EBITDA Adj . Free Cash Flow $ 2.2B $ 967M $ 259M $ 35M All results are for the three and twelve months ended December 31 , 2020 , compared to the same period in 2019 . For full financial data and non - GAAP reconciliation , please see the Company's 4Q'20 earnings release at : investor.travelandleisureco.com HIGHLIGHTS Acquired the Travel + Leisure brand on January 5 , 2021 for $ 100M and changed company name to Travel + Leisure Co. $ 1.6B of liquidity in Cash and Cash Equivalents and Revolving Credit Facility Capacity Paid 4Q dividend of $ 0.30 per share ; $ 138M in dividends paid to shareholders in 2020 In 2021 , named to Forbes list of America's Best Large Employers and Newsweek's list of Most Responsible Companies