Hilton Grand Vacations Inc. (NYSE:HGV) ("HGV" or "the Company") today announced that its Board of Directors has approved a two-year share repurchase plan authorizing the Company to repurchase up to an aggregate of $600 million of its outstanding shares of common stock.

The new repurchase plan will commence once the existing two-year repurchase plan, which was approved by the Board of Directors in July 2025 for an aggregate amount of up to $600 million, is fully completed. As of Aug. 17, 2026, the Company had approximately $61 million remaining under the 2025 repurchase plan.

"As we near the completion of our existing repurchase plan, we’re pleased to have the support of our Board in authorizing an additional $600 million of share repurchases over the next two years," said Dan Mathewes, president and CFO of Hilton Grand Vacations. "We’ve repurchased more than 60 million shares since the inception of our program in 2018, returning over $2.5 billion to shareholders during that period. With this new authorization, we’re reinforcing our commitment to delivering long-term shareholder value through the disciplined execution of our strategic priorities and continued capital returns."

HGV may repurchase shares in the open market, in privately negotiated transactions or in such other manners as determined by the Company, including through repurchase plans complying with the rules and regulations of the U.S. Securities and Exchange Commission. The amount and timing of any repurchases made under the share repurchase plans will depend on a variety of factors, including available liquidity, cash flow and market conditions. The share repurchase plans do not obligate HGV to repurchase any dollar amount or number of shares of common stock and may be suspended or discontinued at any time.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements convey management's expectations as to the future of HGV and are based on management's beliefs, expectations, assumptions and such plans, estimates, projections and other information available to management at the time HGV makes such statements. Forward-looking statements include all statements that are not historical facts, and may be identified by terminology such as the words "outlook," "believe," "expect," "potential," "goal," "continues," "may," "will," "should," "could," "would," "seeks," "approximately," "projects," "predicts," "intends," "plans," "estimates," "anticipates," "future," "guidance," "target," or the negative version of these words or other comparable words, although not all forward-looking statements may contain such words. The forward-looking statements contained in this press release include statements related to HGV’s expectations regarding the use of its share repurchase plans and other anticipated future events and expectations that are not historical facts. HGV cautions you that our forward-looking statements involve known and unknown risks, uncertainties and other factors, including those that are beyond HGV's control, which may cause the actual results, performance or achievements to be materially different from the future results. Any one or more of these risks or uncertainties could adversely impact HGV's operations, revenue, operating profits and margins, key business operational metrics, financial condition or credit rating. For a more detailed discussion of these factors, see the information under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in HGV's most recent Annual Report on Form 10-K, which may be supplemented and updated by the risk factors in HGV's quarterly reports, current reports and other filings HGV makes with the SEC, including HGV's most recent Quarterly Report on Form 10-Q. HGV's forward-looking statements speak only as of the date of this communication or as of the date they are made. HGV disclaims any intent or obligation to update any "forward-looking statement" made in this communication to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

About Hilton Grand Vacations Inc.

Hilton Grand Vacations Inc. (NYSE:HGV) is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets, and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. Hilton Grand Vacations has a reputation for delivering a consistently exceptional standard of service, and unforgettable vacation experiences for guests and more than 720,000 Club Members. Membership with the Company provides best-in-class programs, exclusive services and maximum flexibility for our Members around the world.

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Investor Contact:

Mark Melnyk

407-613-3327

mark.melnyk@hgv.com

Media Contact:

Lauren George

407-613-8431

lauren.george@hgv.com