On January 6, 2014, Hyatt Hotels Corporation (Hyatt) and Hotel Investors I, Inc., as Borrowers, certain subsidiaries of Hyatt (the Guarantors), various Lenders, Wells Fargo Bank, National Association, as Administrative Agent, Bank of America, N.A., as Syndication Agent, Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Deutsche Bank Securities, Inc., as Joint Book Runners and Co-Lead Arrangers, and JPMorgan Chase Bank, N.A., Deutsche Bank Securities, Inc. and SunTrust Bank, as Co-Documentation Agents, entered into a Second Amended and Restated Credit Agreement (the Second Amended and Restated Credit Agreement). The Second Amended and Restated Credit Agreement provides for a $1.5 billion senior unsecured revolving credit facility (the Credit Facility) that matures on January 4, 2019. The Second Amended and Restated Credit Agreement amends and restates that certain Amended and Restated Credit Agreement, dated as of September 9, 2011, as amended, by and among Hyatt and Hotel Investors I, Inc., the guarantors party thereto, the lenders party thereto, Wells Fargo Bank, National Association, as administrative agent, Bank of America, N.A., as syndication agent, Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint book runners, Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Deutsche Bank Securities, Inc., as co-lead arrangers, and JPMorgan Chase Bank, N.A., Deutsche Bank Securities, Inc., and SunTrust Bank, as co-documentation agents, and provides for the making of revolving loans to the Borrowers and the issuance of up to $250 million of letters of credit for the account of the Borrowers.

Hyatt has the option during the term of the Credit Facility to increase the Credit Facility by an aggregate amount of up to an additional $500,000,000 (provided, among other things, new and/or existing lenders agree to provide commitments for this increased amount).