About Sunstone Hotel Investors, Inc.

Sunstone Hotel Investors, Inc. (NYSE:SHO) is a lodging real estate investment trust (REIT) that, as of the date hereof, has interests in 18 hotels comprised of 9,147 rooms, the majority of which are operated under nationally recognized brands.

We create long-term stakeholder value through the active ownership of Long-Term Relevant Real Estate^® within the hospitality sector.

Long-Term Relevant Real Estate^®

LTRR^®

The Sunstone team is focused on achieving industry-leading stockholder returns by improving our portfolio quality and scale while gradually deleveraging our balance sheet. Sunstone’s strategy is predicated on:

Proactive Portfolio Management: Improving our overall portfolio quality and growth potential through portfolio-wide initiatives such as market complexing and the sale of certain non-strategic assets;

Intensive Asset Management: Positioning our portfolio for growth as a result of recent and ongoing renovations and asset management initiatives, including streamlining of F&B operations and staffing models and energy retro-commissioning;

Disciplined External Growth: Pursuing high-quality acquisitions using our shares as currency when such acquisitions can be executed at attractive relative valuations;

Measured Balance Sheet Improvement: Reducing our corporate leverage and increasing our debt-service coverage through improving operations, selling highly-levered assets and by acquiring high-quality, unencumbered hotels.