Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Provides Update on Corporate Responsibility Achievements

TYSONS, Va., October 21, 2026--Park Hotels & Resorts Inc. (NYSE: PK) ("Park" or the "Company") today announced the publication of its ninth annual Corporate Responsibility ("CR") Report. The CR Report details Park's approach to responsible risk management, environmental stewardship, social impact and governance and highlights the Company's corporate responsibility performance, initiatives and achievements in 2025.

"We are pleased to share our annual Corporate Responsibility Report with our stakeholders," said Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of Park. "We believe that our corporate responsibility initiatives support long-term value creation by strengthening the resilience, efficiency and competitiveness of our portfolio. Since our last report, we have continued to advance our industry-leading risk management program through targeted resiliency investments like the installation of stormwater system pumps in Honolulu and preparedness initiatives such as annual hurricane readiness practice meetings at our coastal assets. Through our Green Park program, we advanced our renewable energy strategy with Park's first solar PV panel project installation at Hilton Waikoloa Village, and we continued to increase the efficiency of our buildings through capital investments that contribute to long-term improvements in environmental performance. We also remain focused on supporting our associates through best-in-class programs that support their well-being and professional development. We are proud of the progress we have made and look forward to building on these efforts as we continue to advance our corporate responsibility priorities."

Park also announced several building certifications that have been achieved in year-to-date 2026 as part of the Company's corporate responsibility strategy for sustainable building certifications. Two of its 2026 hotel renovations achieved LEED Silver certification: the 822-room Rainbow Tower at Hilton Hawaiian Village Waikiki Beach Resort received certification in July, followed by the 414-room Palace Tower at Hilton Waikoloa Village in September. Park achieved its first hotel LEED certification from the renovation of the 1,021-room Tapa Tower at Hilton Hawaiian Village Waikiki Beach Resort in 2025. The Company also stated that two of its hotels earned ENERGY STAR® certification for superior energy performance during year-to-date 2026, continuing Park's commitment to enhancing efficiency in the built environment. Finally, Park announced that six properties have achieved Green Key Global certifications, demonstrating the Company's commitment to advancing sustainable hotel operations.