X0206 3 2017-05-31 0 0001468174 Hyatt Hotels Corp H 0001707974 Tao Invest LLC 1 LETTERMAN DRIVE, SUITE C4-420 SAN FRANCISCO CA 94129 0 0 0 1 member of 10% owner group Class B Common Stock 0.00 Class A Common Stock 1216660 D As provided in the Issuer's Amended and Restated Certificate of Incorporation, each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. Represents shares contributed by P.G. Nicholas Trust, Second Universe Trust and Nicholas J. Pritzker Revocable Trust pursuant to Contribution Agreements. As consideration for the contributions, the Reporting Person issued to P.G. Nicholas Trust, Second Universe Trust and Nicholas J. Pritzker Revocable Trust interests in the Reporting Person. The transfer of shares of Class B Common Stock to the Reporting Person constitutes a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation. Contemporaneous with such transfer, Joseph I. Perkovich, as President of Tao Capital Partners LLC, the Managing Member of the Reporting Person, has executed a joinder to, and thereby has become subject to the provisions of, the Amended and Restated Global Hyatt Agreement and the Amended and Restated Foreign Global Hyatt Agreement. Accordingly, immediately following the transfer, the shares will remain shares of Class B Common Stock. Member of 10% owner group. The Reporting Person may be deemed to be a member of a group because the Reporting Person has agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. /s/ Joseph I. Perkovich,, President 2017-06-12