Watermark Lodging Trust

Stockholder Liquidity Transaction

Watermark Lodging Trust, Inc. (WLT) completed its previously announced sale to private real estate funds managed by Brookfield (www.brookfield.com) on October 21, 2022, pursuant to the terms of the Agreement and Plan of Merger, dated May 6, 2022.

The transaction provided cash liquidity for Watermark Lodging Trust stockholders, which will be paid in the form of check sent to address of record or paid to alternative distribution instructions if established on the account. If shares are held in a custodial or broker-controlled account, payment will be made to the custodian or broker.