No securities are beneficially owned.
Member of 10% owner group. The Reporting Person serves as trustee for certain trusts that own shares of Class B Common Stock of the Issuer and has executed a joinder to, and thereby became subject to the provisions of the Amended and Restated Global Hyatt Agreement. The Managing Directors of Robin Road Trust Company LLC are David Pelizzon, Mary F. Falcon and Michelle Nakfoor. The voting and investment decisions of Robin Road Trust Company LLC are made by the Trust and Investment Committee of its board of managers, consisting of David Pelizzon, Mary F. Falcon, Michelle Nakfoor, John Ringer and Evangelia Liaskis. The Managing Directors and the members of the Trust and Investment Committee disclaim beneficial ownership as a result of serving as Managing Directors and/or serving on the Trust and Investment Committee.