Marriott Vacations Worldwide Corporation announced that as required by the Company's Corporate Governance Principles, on November 30, 2022, Mr. Stephen P. Weisz offered his resignation from the Company's board of directors (the “Board”) effective December 31, 2022. On December 2, 2022, the Board accepted Mr. Weisz's resignation effective December 31, 2022. On December 2, 2022, the Board voted to appoint Mr. John E. Geller, Jr. as a Class I director of the Board effective January 1, 2023.

Mr. Geller will serve as a member of the Board until the 2025 annual meeting of stockholders, or until his successor is duly elected and qualified. Mr. Geller has not been appointed to any committee at this time. Mr. Geller (55) has been elected to serve as the President of the Company effective January 1, 2023 and has served as President of the Company since January 2, 2021.

Mr. Geller served as the Company's Executive Vice President and Chief Financial and Administrative Officer from January 2018 to January 2021. From 2011 until December 2017, he served as the Company's Executive Vice President and Chief Financial Officer.