CitizenM

2026 Citizen M FDD: 3926071v2 (03/31/2026) 19 Plaintiffs seek treble damages of an amount to be determined at trial, injunctive relief, and attorneys’ fees and costs. Marriott and the other defendants filed a joint motion to dismiss on May 17, 2024. Plaintiffs filed their opposition to the motion to dismiss on July 22, 2024, and defendants filed our reply on August 28, 2024. The motion to dismiss was granted without prejudice in August 2025, and plaintiffs then filed an amended complaint. Defendant’s motion to dismiss the latest complaint was fully briefed as of January 6, 2026, and is pending with the court. MII intends to defend vigorously against plaintiffs’ claims. 2. Segal v. Amadeus IT Group, S.A., Case No. 1:24-cv-01783 (United States District Court for the Northern District of Illinois). On March 1, 2024, plaintiffs filed this putative class action lawsuit against Amadeus and numerous hotel companies, including MII, Hilton, Hyatt, and others. The lawsuit alleges the unlawful sharing of information and price-fixing in violation of U.S. antitrust laws, focusing on the use of Amadeus’s Demand360 at luxury hotels in over forty metropolitan markets in the U.S. Plaintiffs seek treble damages of an amount to be determined at trial, injunctive relief, and attorneys’ fees and costs. Marriott and the other defendants filed a joint motion to dismiss on June 24, 2024. Defendants’ motion to dismiss was granted without prejudice in March 2025, and plaintiff then filed a third amended complaint. Defendants’ motion to dismiss the latest complaint was fully briefed as of August 27, 2025, and is pending with the court. MII intends to defend vigorously against plaintiffs’ claims.

1. District of Columbia v. Marriott International, Inc., Case No. 2019 CA 004497 B (D.C. Super. Ct.). On July 9, 2019, the District of Columbia filed a lawsuit against MII in the Superior Court of the District of Columbia alleging violations of the District of Columbia’s Consumer Protection Procedures Act (“CPPA”), D.C. Code §§ 28-3901, et seq. The District of Columbia sought an injunction, restitution, statutory civil penalties, and attorneys' fees and costs, in amounts to be proven at trial. Following the end of discovery, both parties moved for summary judgment. On August 18, 2025, the parties entered into a settlement pursuant and the parties filed a stipulated dismissal of the lawsuit, fully resolving the case. C. Other Pending Actions 1. Portillo v. CoSTAR Group, Inc., Case No. 2:24-cv-00229, United States District Court for the Western District of Washington. On February 20, 2024, plaintiffs filed this putative class action lawsuit against CoSTAR and numerous hotel companies, including MII, Hilton, Hyatt, and others. The lawsuit alleges the unlawful sharing of information in violation of U.S. antitrust laws, focusing on the use of STR reports at luxury hotels in certain markets: Austin, Boston, Chicago, Denver, Kansas City, Los Angeles, Miami, Nashville, New York, Phoenix, Portland, San Diego, San Francisco, Washington D.C., and Seattle.

2026 Citizen M FDD: 3926071v2 (03/31/2026) 66 provide discounted car rental programs for owners, franchisees, and Marriott associates. Under the terms of the agreements, we and our affiliates may receive allowances if certain volume thresholds are met. In 2025, we and our affiliates received $130,000 as a result of this arrangement. We and our affiliates have an arrangement with OpenTable Inc. (“OpenTable”) that allows hotels to participate in OpenTable's table management and inventory distribution platform at a discounted rate. Under the terms of the arrangement, we and our affiliates may receive rebates if certain hotel enrollment thresholds and spend volumes are met. In 2025, we and our affiliates received $375,000 in rebates from OpenTable, which were utilized to offset costs that would have otherwise been charged to Company Brand Hotels through the program services contributions.

2026 Citizen M FDD: 3926071v2 (03/31/2026) 65 cost of products or services purchased by Company Brand Hotels, and MIP Americas may retain such funds as revenue. In 2025, MIP Americas received approximately $605,286 as a result of purchases by franchised Company Brand Hotels. Although it had no obligation to do so, MIP Americas utilized $396,583 of this revenue to offset costs that otherwise would have been charged to hotels and distributed $208,703 to participating franchised Company Brand Hotels. The amount of any rebates, commissions, and markups are subject to change. We and our affiliates pay Sabre Inc. (“Sabre”) a fee for each transaction that is delivered from travel agencies through Sabre’s global distribution system. These fees are funded through the costs charged to the hotels for each reservation directly or through the Program Services Contribution (“Reservation System Fees”). If we purchase select Sabre Travel Network media products and services in amounts above certain thresholds during any year, then we will receive a credit for such year. In 2025, we and our affiliates received approximately $393,000 as a result of this arrangement, all of which will be used to offset reservation system costs.

1. Portillo v. CoSTAR Group, Inc., Case No. 2:24-cv-00229, United States District Court for the Western District of Washington. On February 20, 2024, plaintiffs filed this putative class action lawsuit against CoSTAR and numerous hotel companies, including MII, Hilton, Hyatt, and others. The lawsuit alleges the unlawful sharing of information in violation of U.S. antitrust laws, focusing on the use of STR reports at luxury hotels in certain markets: Austin, Boston, Chicago, Denver, Kansas City, Los Angeles, Miami, Nashville, New York, Phoenix, Portland, San Diego, San Francisco, Washington D.C., and Seattle.

14 Through the Transaction-Based Media Program, we develop advertising materials and pay third parties to place listings and paid ads in search engines (such as Google, Yahoo, and Bing), AI engines (such as Google, OpenAI, Anthropic), through advertising networks and direct referral partners (such as TripAdvisor, Google 2026 Citizen M FDD: 3926071v2 (03/31/2026) 54 Hotel Ads, Trivago, and Kayak), and through third-party websites and apps (such as social networks) that feature links to Company Brand websites. When a consumer clicks on a Transaction-Based Media Program listing or ad, they are referred to a Company Brand website to make a direct booking. Hotels will incur a fee if the referral results in a qualified stay. Hotels are not charged on rates such as special corporate or group room rates. Optional add-on services are available at an additional cost. We may expand or otherwise modify the scope of this program to reflect, among other things, changes in consumer searching and booking preferences, and we may adjust the charge for digitally generated stays accordingly.

Ms. Lee has been a Director of MII since June 2004. Ms. Lee was Chairman of the Board and Chief Executive Officer of BET Networks, a subsidiary of Viacom, Inc., from 2006 until her retirement in May 2018, and has been Chair of the Leading Women Defined Foundation since June 2018. She has served as a Director of Warner Brothers Discovery since April 2022, Burberry Group plc. since October 2019, and Procter & Gamble since August 2020. She previously served as a director of AT&T Inc. until April 2022, WGL Holdings, Inc. from 1999 to 2018, Twitter, Inc. from May 2016 to August 2019, Eastman Kodak Company from 1999 to May 2011, and Revlon, Inc. from 2005 to 2015. Director: Aylwin B. Lewis

The arrangements described in this Note 13 are of a limited duration and may be renegotiated periodically. 13 In addition to the Digital Marketing program, hotels may participate in optional, self-serve email marketing campaigns using our designated platform. Email campaigns to drive room nights cost approximately $1,000 to $10,000 per campaign, depending on delivery volume. Email campaigns to drive ancillary spend on food and beverage, spa, golf, skiing, and other amenities require a subscription to our designated platform, which costs approximately $200 per month. An optional MSB Marketing & Digital Essentials program for hotels without dedicated marketing support is available at a cost of approximately $1,123.09 per month. 14 Through the Transaction-Based Media Program, we develop advertising materials and pay third parties to place listings and paid ads in search engines (such as Google, Yahoo, and Bing), AI engines (such as Google, OpenAI, Anthropic), through advertising networks and direct referral partners (such as TripAdvisor, Google