SCHEDULE 13G/A 0000921895-25-000503 0001730145 XXXXXXXX LIVE 1 Ordinary Shares, (euro)0.10 par value 03/31/2025 0001692412 Playa Hotels & Resorts N.V. N70544106 KEIZERSGRACHT 555 1017 DR AMSTERDAM P7 NA Rule 13d-1(c) Voss Value Master Fund, LP E9 0.00 0.00 0.00 0.00 0.00 N 0 PN Voss Value-Oriented Special Situations Fund, LP TX 100000.00 0.00 100000.00 0.00 100000.00 N 0.1 PN Voss Advisors GP, LLC TX 100000.00 0.00 100000.00 0.00 100000.00 N 0.1 OO Voss Capital, LP TX 100000.00 0.00 100000.00 0.00 100000.00 N 0.1 OO Cocke Travis W. X1 100000.00 0.00 100000.00 0.00 100000.00 N 0.1 IN Playa Hotels & Resorts N.V. KEIZERSGRACHT 555, 1017 DR, AMSTERDAM, NETHERLANDS NA The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are: Voss Value Master Fund, L.P. ("Voss Value Master Fund"); Voss Value-Oriented Special Situations Fund, L.P. ("Voss Value-Oriented Special Situations Fund"); Voss Advisors GP, LLC ("Voss GP"); Voss Capital, L.P. ("Voss Capital"); and Travis W. Cocke. Voss Value Master Fund 3773 Richmond, Suite 850 Houston, Texas 77046 Voss Value-Oriented Special Situations Fund 3773 Richmond, Suite 850 Houston, Texas 77046 Voss GP 3773 Richmond, Suite 850 Houston, Texas 77046 Voss Capital 3773 Richmond, Suite 850 Houston, Texas 77046 Travis W. Cocke 3773 Richmond, Suite 850 Houston, Texas 77046 Voss Value Master Fund Cayman Islands Voss Value-Oriented Special Situations Fund Texas Voss GP Texas Voss Capital Texas Travis W. Cocke USA Y As of the close of business on March 31, 2025: (i) Voss Value Master Fund beneficially owned 0 Ordinary Shares, (euro)0.10 par value (the "Shares"); (ii) Voss Value-Oriented Special Situations Fund beneficially owned 100,000 Shares; (iii) Voss GP, as the general partner of Voss Value-Oriented Special Situations Fund, may be deemed the beneficial owner of the 100,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund; (iv) Voss Capital, as the investment manager of Voss Value-Oriented Special Situations Fund, may be deemed the beneficial owner of the 100,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund. (v) Mr. Cocke, as the managing member of each of Voss Capital and Voss GP, may be deemed the beneficial owner of the 100,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund. The aggregate percentage of the Shares reported owned by each person named herein is based upon 122,988,198 Shares outstanding as of March 20, 2025, which is the total number of Shares outstanding as reported in the Issuer's Definitive Merger Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 21, 2025. As of the close of business on March 31, 2025: (i) Voss Value Master Fund beneficially owned 0% of the outstanding Shares; (ii) Voss Value-Oriented Special Situations Fund may be deemed to beneficially own less than 1% of the outstanding Shares; (iii) Voss GP may be deemed to beneficially own less than 1% of the outstanding Shares; (iv) Voss Capital may be deemed to beneficially own less than 1% of the outstanding Shares; and (v) Mr. Cocke may be deemed to beneficially own less than 1% of the outstanding Shares. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. N Y Y Y N See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on February 14, 2025. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. Voss Value Master Fund, LP /s/ Travis W. Cocke 05/14/2025 Voss Value-Oriented Special Situations Fund, LP /s/ Travis W. Cocke 05/14/2025 Voss Advisors GP, LLC /s/ Travis W. Cocke 05/14/2025 Voss Capital, LP /s/ Travis W. Cocke 05/14/2025 Cocke Travis W. /s/ Travis W. Cocke 05/14/2025