SCHEDULE 13G/A 0001140361-10-005869 0001017918 XXXXXXXX LIVE 17 Class A Common Stock 12/31/2025 0001468174 Hyatt Hotels Corporation 448579102 150 North Riverside Plaza, 8th Floor Chicago IL 60606 Rule 13d-1(b) BAMCO INC /NY/ b NY 0 5068899 0 5068899 5068899 12.12 IA CO Baron Capital Group, Inc. b NY 0 6106485 0 6106485 6106485 14.60 HC CO Baron Capital Management, Inc. b NY 0 1037586 0 1037586 1037586 2.48 IA CO Ronald Baron b X1 0 6106485 0 6106485 6106485 14.60 IN HC Baron Partners Fund b DE 0 3310000 0 3310000 3310000 7.92 IV Hyatt Hotels Corporation 150 North Riverside Plaza, 8th Floor, Chicago, IL 60606 Baron Capital Group, Inc. ("BCG"), BAMCO, Inc. ("BAMCO"), Baron Capital Management, Inc. ("BCM"), Ronald Baron, Baron Partners Fund ("BPF") 767 Fifth Avenue, 49th Floor, New York, NY 10153 BCG, BAMCO and BCM are New York corporations. Ronald Baron is a citizen of the United States. BPF is a series of a Delaware Statutory Trust. N IV IA HC 6,106,485 14.60 0 6,106,485 0 6,106,485 Y N The advisory clients of BAMCO and BCM have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer's common stock in their accounts. To the best of the Filing Persons' knowledge, no such person has such interest relating to more than 5% of the outstanding class of securities. N BAMCO and BCM are subsidiaries of BCG. BPF is an advisory client of BAMCO. Ronald Baron owns a controlling interest in BCG. N Please see Item 3. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. BAMCO INC /NY/ /s/ Ronald Baron 02/17/2026 Baron Capital Group, Inc. /s/ Ronald Baron 02/17/2026 Baron Capital Management, Inc. /s/ Ronald Baron 02/17/2026 Ronald Baron /s/ Ronald Baron 02/17/2026 Baron Partners Fund /s/ Ronald Baron 02/17/2026 Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)