Vacasa, Inc. announced that on February 23, 2024, the Company and John Banczak, the Company's Chief Operating Officer, agreed that Mr. Banczak will step down from his position as Chief Operating Officer on March 31, 2024. The Company has retained an executive search firm to assist in conducting a search for a new chief operating officer. Mr. Banczak will continue to serve as an advisor to the Company through September 30, 2024 in order to facilitate an orderly transition.

Mr. Banczak's departure is not the result of any disagreements between Mr. Banczak and the Company.