Hilton Worldwide

Balance Sheet and Liquidity As of December 31, 2024, we had $11.2 billion of debt outstanding, excluding the deduction for deferred financing costs and discounts, with a weighted average interest rate of 4.77 percent.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

Excluding all finance lease liabilities, we had $11.1 billion of debt outstanding with a weighted average interest rate of 4.76 percent and no scheduled maturities until April 2027, other than $500 million of outstanding Senior Notes due May 2025.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

We believe that we have sufficient sources of liquidity and access to debt financing to address the Senior Notes due May 2025 at or prior to their maturity date as well as all indebtedness that becomes due thereafter.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

As of December 31, 2024, no amounts were outstanding under our $2.0 billion senior secured revolving credit facility, which had an available borrowing capacity of $1,910 million after considering $90 million of outstanding letters of credit.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

In December 2024, we paid a quarterly cash dividend of $0.15 per share of common stock, for a total of $37 million, bringing total dividend payments for the year to $150 million.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

In February 2025, our board of directors authorized a regular quarterly cash dividend of $0.15 per share of common stock to be paid on March 28, 2025 to holders of record of our common stock as of the close of business on February 21, 2025.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

(2) Includes hotels that are included in our booking channels and participate in the Hilton Honors guest loyalty program through strategic partnership arrangements.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

(3) The decreases during the three months and year ended December 31, 2024 were primarily due to the timing of certain strategic hotel developments supporting our growth resulting in higher contract acquisition costs during the prior periods.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

We exclude strategic partner hotels from our comparable hotels.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

Of the 8,342 hotels in our system as of December 31, 2024, 409 hotels were strategic partner hotels and 6,050 hotels were classified as comparable hotels.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

Revenues from this segment include: (i) management and franchise fees charged to third-party hotel owners; (ii) licensing fees from our strategic partners, including co-branded credit card providers and third-party hotels we do not manage or franchise but that use our booking channels and related programs ("strategic partner hotels"), and Hilton Grand Vacations Inc.

SEC original ↗Hilton Worldwide — 10-Q Quarterly report10-QOct 27, 2026

Such forward-looking statements are subject to various risks and uncertainties including, among others, risks inherent to the hospitality industry macroeconomic factors beyond our control, such as inflation, changes in interest rates, challenges due to labor shortages or disputes and supply chain disruptions the loss of key senior management personnel competition for hotel guests and management and franchise contracts risks related to doing business with third-party hotel owners performance of our information technology systems growth of reservation channels outside of our system risks of doing business outside of the U.

SEC original ↗Hilton Worldwide — Earnings release (8-K exhibit)EX-99Feb 6, 2025

Legal Proceedings 28 Item 1A.

SEC original ↗Hilton Worldwide — 10-Q Quarterly report10-QOct 27, 2026

We are involved in various claims and lawsuits arising in the ordinary course of business, some of which include claims for substantial sums.

SEC original ↗Hilton Worldwide — 10-Q Quarterly report10-QOct 27, 2026

While the ultimate results of claims and litigation cannot be predicted with certainty, we expect that the 14 ultimate resolution of all pending or threatened claims and litigation as of September 30, 2026 will not have a material adverse effect on our consolidated financial position, results of operations or cash flows.

SEC original ↗Hilton Worldwide — 10-Q Quarterly report10-QOct 27, 2026

Such forward-looking statements are subject to various risks and uncertainties including, among others, risks inherent to the hospitality industry; macroeconomic factors beyond our control, such as inflation, changes in interest rates, challenges due to labor shortages or disputes and supply chain disruptions; the loss of key senior management personnel; competition for hotel guests and management and franchise contracts; risks related to doing business with third-party hotel owners; performance of our information technology systems; growth of reservation channels outside of our system; risks of doing business outside of the U.

SEC original ↗Hilton Worldwide — 10-Q Quarterly report10-QOct 27, 2026

; risks associated with geopolitical conflicts, including Iran; uncertainty resulting from U.

SEC original ↗Hilton Worldwide — 10-Q Quarterly report10-QOct 27, 2026