POINTS® & WEEKS® 2021 - 2022 DISCLOSURE GUIDE This publication contains information that indicates resorts participating in, and explains the terms, conditions, and use of, the RCI Points Exchange Program and the RCI Weeks Exchange Program operated by RCI, LLC (RCI). You are urged to read it carefully. Hilton Grand Vacations RCI Exchange Program: Your membership in the Hilton Grand Vacations (HGV) allows you to participate in the RCI Exchange Programs through the corporate affiliation of Hilton Grand Vacations Company and its affiliates. As a result, HGV submits to RCI, on the HGV club members’ behalf, vacation requests for exchanges to RCI resorts. If you have questions concerning the procedures related to making an RCI exchange, please refer to your current HGV Club Member Guide or feel free to contact a Club Member Services at 1-800-932-4482 or 1-317-805-9947. 0490-2021 RCI, TRC 2021-2022 Annual Disclosure Guide Covers.indd 13 5/20/21 10:34 AM This publication contains Disclosure Guides for the RCI Points Exchange Program and the RCI Weeks Exchange Program. Hilton Grand Vacation (“HGV”) Club members have access to portions of the RCI Points Exchange Program and the RCI Weeks Exchange Program through the corporate affiliation of Hilton Grand Vacations Company and its affiliates. The Disclosure Guide to the RCI Points Exchange Program is set forth in Part A of this publication. The Disclosure Guide to the RCI Weeks Exchange Program is set forth in Part B of this publication. If you have questions concerning the procedures related to making an RCI Exchange, please refer to your current HGV Club Member Guide or contact a Club Counselor at 1-800-932- 4482 or 1-317-805-9947. Part A Disclosure Guide To The ® RCI Points Exchange Program DISCLOSURE GUIDE TO THE RCI POINTS Elizabeth Dreyer EXCHANGE PROGRAM Senior Vice President, Chief Accounting Officer, and Manager This Disclosure Guide to the RCI Points Exchange 6277 Sea Harbor Drive, Orlando, FL 32821 Program (“Disclosure Guide”) explains the RCI Points Exchange Program offered to Vacation Owners by Julia A. Frey RCI, LLC (“RCI”). Vacation Owners should carefully Assistant Secretary review this information to ensure full understanding 6277 Sea Harbor Drive, Orlando, FL 32821 of the terms, conditions, operation and use of the RCI Points Exchange Program. Note: Unless otherwise Brian Gray stated herein, capitalized terms in this Disclosure Vice President Guide have the same meaning as those in the Terms 6277 Sea Harbor Drive, Orlando, FL 32821 and Conditions of RCI Points Subscribing Membership, which are made a part of this document. Gary Green Senior Vice President RCI is the owner and operator of the RCI Points 6277 Sea Harbor Drive, Orlando, FL 32821 Exchange Program. No government agency has approved the merits of this exchange program. Joseph M. Hollingshead Senior Vice President and Treasurer RCI is a Delaware limited liability company (registered 6277 Sea Harbor Drive, Orlando, FL 32821 as Resort Condominiums International, LLC in Connecticut, Massachusetts, New Jersey, North Stacey Jagielski Carolina, Ohio, Texas, Washington, and Wisconsin) Assistant Secretary with its principal offices located at: 6277 Sea Harbor Drive, Orlando, FL 32821 6277 Sea Harbor Drive Stanley Kreydin Orlando, FL 32821 Senior Vice President 9998 North Michigan Road, Carmel, IN 46032 Exchanges through the RCI Points Exchange Program are processed at: Ryan Morettini Group Vice President 9998 North Michigan Road 6277 Sea Harbor Drive, Orlando, FL 32821 Carmel, IN 46032 Terry D. Motsenbocker RCI is a subsidiary of Travel + Leisure Co., a Delaware Senior Vice President corporation. 9998 North Michigan Road, Carmel, IN 46032 Officers Tammy Peter Senior Vice President Sherri Avara 6277 Sea Harbor Drive, Orlando, FL 32821 Vice President 6277 Sea Harbor Drive, Orlando, FL 32821 Richard G. Ruff Senior Vice President Sandy Bowman 9998 North Michigan Road, Carmel, IN 46032 Vice President 6277 Sea Harbor Drive, Orlando, FL 32821 Frank Sassano Vice President and Assistant Treasurer Kenneth Erik Brandt 6277 Sea Harbor Drive, Orlando, FL 32821 Vice President 6277 Sea Harbor Drive, Orlando, FL 32821 Amy Sinelli Senior Vice President, Manager, and Secretary Olivier Chavy 6277 Sea Harbor Drive, Orlando, FL 32821 President 6277 Sea Harbor Drive, Orlando, FL 32821 Ciara E. Sisk Senior Vice President Christopher Delaney 14 Sylvan Way, Parsippany, NJ 07054 Vice President 9998 North Michigan Road, Carmel, IN 46032 Michael J. Toscano Senior Vice President, Chief Financial Officer, and Fiona G. Downing Manager Senior Vice President 14 Sylvan Way, Parsippany, NJ 07054 14 Sylvan Way, Parsippany, NJ 07054 P1 RCI provides the RCI Points Exchange Program and Member retains title to his or her Vacation Ownership, other related services and benefits to Members. subject to this Deposit. The Deposit is for the benefit, Travel + Leisure Co. (“Travel + Leisure”) is the use and enjoyment of the Network Administrator in ultimate parent corporation of RCI and Fairfield accordance with the Network Documents. Deposits Resort Management Services, Inc. (“FRMS”), a shall occur for the term of the Member’s Network resort management company, Wyndham Vacation Participation Agreement, subject to the Network Resorts, Inc. (“WVR”), Wyndham Resort Documents. Development Corporation doing business as WorldMark by Wyndham (“WRDC”), and Equivest The Network Participation Agreement between the Finance, Inc. (“Equivest”) and their respective Member and the Network Administrator is a separate subsidiaries. Some officers and/or directors of and distinct agreement from any agreement that the Travel + Leisure Co. may from time to time serve Member may have with the developer or seller of a as officers and/or directors of RCI, FRMS, WVR, vacation plan, including any agreement with the WRDC, and/or Equivest, and vice versa. FRMS, developer or seller to purchase Vacation Ownership or WVR, WRDC, and Equivest resorts are marked to occupy or use Vacation Time or other property, with a plus symbol “+” if applicable in the Resort benefits or All-Inclusive Packages. The Network List, and Members List both of which are attached provides an opportunity to request exchanges hereto. Certain officers and directors of RCI may pursuant to Network Documents and does not provide own, or have rights to acquire, shares of stock in a right to occupy any specific unit or units of Inventory. Travel + Leisure. Other than as stated in this paragraph, neither RCI nor any of its officers or The deposit of Vacation Time and availability of RCI directors has any legal or beneficial interest in any Points to a Member does not relieve a Member’s developer, seller, managing entity or Vacation obligation to pay all fees or other amounts due RCI, or Ownership plan participating in the RCI Points the obligation to pay any maintenance fees, Exchange Program. RCI is an independent assessments, taxes or other similar charges or fees exchange service company and is not owned, imposed by any applicable local, state or federal operated or controlled by any Resort, developer, government entity (or its equivalent if the Resort is seller, managing entity or Vacation Ownership plan located in a foreign country) or imposed by a Resort, participating in the RCI Points Exchange Program. Inventory provider or Ancillary Travel Products Provider. Network privileges may be suspended, Because vacation exchange is used intermittently as terminated or denied, or a Confirmed Exchanged an adjunct to Vacation Ownership, potential Vacation cancelled, in the Network Administrator’s sole Owners should select a Resort that best meets their discretion, if a Member’s Vacation Ownership ongoing vacation needs. A Member’s decision to Expenses or other charges have not been paid purchase Vacation Ownership should be based when due. Special charges, user fees or primarily upon the benefits to be gained from the government taxes may be charged to a Member or ownership, use and enjoyment of the Vacation guest by an Inventory provider or by Ancillary Ownership and not upon the anticipated benefits Travel Products Provider and it is the Member’s or of the RCI Points Exchange Program. RCI does not guest’s obligation, not RCI’s to pay those charges, guarantee the availability of any accommodations fees, or taxes regardless of whether such charges, or ancillary benefits, including, without limitation fees or taxes are levied by the Member’s Home Ancillary Travel Product options and is not Resort or Home Group. responsible for the financial viability or the quality of accommodations, facilities, amenities, RCI may offer additional benefits to Members, which management and services at any Resort, Inventory may be subject to separate terms and conditions, in provider or Ancillary Travel Products Provider. exchange for Deposited Vacation Time. RCI may change, limit, or eliminate the availability of such PARTICIPATION IN THE NETWORK. Participation in additional benefits, in RCI’s sole discretion. RCI does the Network is voluntary. The rights of membership not guarantee that any additional benefit will be made and term of such memberships may vary among available to Members, or, if made available, will remain Members and RCI may waive certain requirements, in available for any period of time. RCI reserves the right its sole discretion. Membership in the Network may be to impose limits on Members’ use of additional offered for varying lengths of time. Subscribing benefits, including the number of Points that can be membership in the RCI Points Exchange Program applied towards additional benefits. All Members may includes access to the RCI Weeks Exchange not have access to all benefits. Program. NETWORK PROCEDURES AND OBLIGATIONS. By executing a Network Participation Agreement, the The terms and conditions of a Member’s contractual RCI Points Subscribing Member agrees that each relationship with the Network and the procedures for Deposit into the Network, all rights of use, occupancy, utilizing the Network are set forth in the Network access and enjoyment in respect to his or her Vacation Documents.