HLT

SEC source: 0001585689-17-000183 · wf-form4_150697645180809.xml · nonDerivative · entry 1

SMITH ELIZABETH A · CIK 0001209033 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,856.265

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0001585689-17-000182 · wf-form4_150697635752957.xml · nonDerivative · entry 1

Schreiber John · CIK 0001504918 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,369.132

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0000899243-17-022296 · doc4.xml · nonDerivative · entry 1

GRAY JONATHAN · CIK 0001208590 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 249,316

F1 · kind: Represents a distribution to the Reporting Person of shares of common stock of the issuer previously held directly by HLT Holdco III LLC and HLT A23 Holdco LLC, affiliates of Blackstone (as defined below) in relation to his indirect interests in such entities.

F1 · price: Represents a distribution to the Reporting Person of shares of common stock of the issuer previously held directly by HLT Holdco III LLC and HLT A23 Holdco LLC, affiliates of Blackstone (as defined below) in relation to his indirect interests in such entities.

F2 · balance_after: Reflects an adjustment in connection with the 1-for-3 reverse stock split of the issuer's common stock effected on January 3, 2017.

SEC source: 0000899243-17-022295 · doc4.xml · nonDerivative · entry 2

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 994,439

F6 · kind: Represents a distribution of shares of Common Stock previously held directly by HLT A23 Holdco LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT A23 Holdco LLC.

F7 · kind: HLT A23 Holdco LLC distributed 15,976 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members. HLT A23 Holdco LLC also distributed 4,369 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F6 · price: Represents a distribution of shares of Common Stock previously held directly by HLT A23 Holdco LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT A23 Holdco LLC.

F7 · price: HLT A23 Holdco LLC distributed 15,976 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members. HLT A23 Holdco LLC also distributed 4,369 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F8 · ownership.nature: Reflects shares of Common Stock held directly by HLT A23 Holdco LLC. HLT A23 Holdco LLC is a wholly-owned subsidiary of BH Hotels.

F10 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F12 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F13 · ownership.nature: Due to the limitations of the electronic filing system HLT A23 Holdco LLC, HLT Holdco III LLC, HLT Holdco II LLC, HLT Holdco LLC, BH Hotels Holdco LLC, Blackstone Real Estate Partners VI L.P., Blackstone Real Estate Associates VI L.P. and BREA VI L.L.C. are filing a separate Form 4.

F14 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F15 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-022295 · doc4.xml · nonDerivative · entry 1

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 28,867,417

F1 · kind: Represents a distribution of the shares of common stock of the issuer (the "Common Stock") previously held directly by HLT Holdco III LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT Holdco III LLC.

F2 · kind: HLT Holdco III LLC distributed 511,335 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels Holdco LLC ("BH Hotels"), its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members.

F3 · kind: HLT Holdco III LLC also distributed 136,607 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member of BH Hotels, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F1 · price: Represents a distribution of the shares of common stock of the issuer (the "Common Stock") previously held directly by HLT Holdco III LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT Holdco III LLC.

F2 · price: HLT Holdco III LLC distributed 511,335 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels Holdco LLC ("BH Hotels"), its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members.

F3 · price: HLT Holdco III LLC also distributed 136,607 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member of BH Hotels, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F4 · ownership.nature: Reflects shares of Common Stock held directly by HLT Holdco III LLC.

F5 · ownership.nature: HLT Holdco III LLC is a wholly-owned subsidiary of HLT Holdco II LLC. HLT Holdco II LLC is a wholly-owned subsidiary of HLT Holdco LLC. HLT Holdco LLC is a wholly-owned subsidiary of BH Hotels.

F10 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F12 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F13 · ownership.nature: Due to the limitations of the electronic filing system HLT A23 Holdco LLC, HLT Holdco III LLC, HLT Holdco II LLC, HLT Holdco LLC, BH Hotels Holdco LLC, Blackstone Real Estate Partners VI L.P., Blackstone Real Estate Associates VI L.P. and BREA VI L.L.C. are filing a separate Form 4.

F14 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F15 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-022294 · doc4.xml · nonDerivative · entry 2

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 994,439

F6 · kind: Represents a distribution of shares of Common Stock previously held directly by HLT A23 Holdco LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT A23 Holdco LLC.

F7 · kind: HLT A23 Holdco LLC distributed 15,976 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members. HLT A23 Holdco LLC also distributed 4,369 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F6 · price: Represents a distribution of shares of Common Stock previously held directly by HLT A23 Holdco LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT A23 Holdco LLC.

F7 · price: HLT A23 Holdco LLC distributed 15,976 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members. HLT A23 Holdco LLC also distributed 4,369 shares of Common Stock to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F8 · ownership.nature: Reflects shares of Common Stock held directly by HLT A23 Holdco LLC. HLT A23 Holdco LLC is a wholly-owned subsidiary of BH Hotels.

F10 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F12 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F13 · ownership.nature: Due to the limitations of the electronic filing system BMA V L.L.C., Blackstone Management Associates V L.L.C. and Blackstone Capital Partners V L.P. are filing a separate Form 4.

F14 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F15 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-022294 · doc4.xml · nonDerivative · entry 1

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 28,867,417

F1 · kind: Represents a distribution of the shares of common stock of the issuer (the "Common Stock") previously held directly by HLT Holdco III LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT Holdco III LLC.

F2 · kind: HLT Holdco III LLC distributed 511,335 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels Holdco LLC ("BH Hotels"), its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members.

F3 · kind: HLT Holdco III LLC also distributed 136,607 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member of BH Hotels, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F1 · price: Represents a distribution of the shares of common stock of the issuer (the "Common Stock") previously held directly by HLT Holdco III LLC to members of BREA VI L.L.C. and BMA V L.L.C. in respect of their indirect interests in HLT Holdco III LLC.

F2 · price: HLT Holdco III LLC distributed 511,335 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels Holdco LLC ("BH Hotels"), its sole member, which distributed such shares to Blackstone Real Estate Partners VI L.P. and other members, who distributed such shares to Blackstone Real Estate Associates VI L.P., their general partner, which distributed such shares to BREA VI L.L.C., its general partner, which distributed such shares to Blackstone Holdings III L.P., Jonathan D. Gray, Stephen A. Schwarzman and other members.

F3 · price: HLT Holdco III LLC also distributed 136,607 shares of Common Stock to HLT Holdco II LLC, its sole member, which distributed such shares to HLT Holdco LLC, its sole member, which distributed such shares to BH Hotels, its sole member, which distributed such shares to Blackstone Capital Partners V L.P. and another member of BH Hotels, who distributed such shares to Blackstone Management Associates V L.L.C., their general partner, which distributed such shares to BMA V L.L.C., its sole member, which distributed such shares to Stephen A. Schwarzman and other members.

F4 · ownership.nature: Reflects shares of Common Stock held directly by HLT Holdco III LLC.

F5 · ownership.nature: HLT Holdco III LLC is a wholly-owned subsidiary of HLT Holdco II LLC. HLT Holdco II LLC is a wholly-owned subsidiary of HLT Holdco LLC. HLT Holdco LLC is a wholly-owned subsidiary of BH Hotels.

F10 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F12 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F13 · ownership.nature: Due to the limitations of the electronic filing system BMA V L.L.C., Blackstone Management Associates V L.L.C. and Blackstone Capital Partners V L.P. are filing a separate Form 4.

F14 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F15 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001585689-17-000174 · wf-form4_150464549764287.xml · nonDerivative · entry 1

Healey Melanie · CIK 0001536208 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,548

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0000899243-17-016486 · doc4.xml · nonDerivative · entry 6

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 17,065

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F8 · ownership.nature: Reflects securities held directly by HLT BREH Intl II Holdco LLC. The sole member of HLT BREH Intl II Holdco LLC is HLT BREH Intl II Holdings Holdco LLC. The controlling member of HLT BREH Intl II Holdings Holdco LLC is Blackstone Real Estate Holdings International II-Q L.P. The general partner of Blackstone Real Estate Holdings International II-Q L.P. is BREP International II-Q GP L.P. The general partner of BREP International II-Q GP L.P. is BREP International II-Q GP L.L.C. The sole member of BREP International II-Q GP L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016486 · doc4.xml · nonDerivative · entry 5

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,874,542

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F7 · ownership.nature: Reflects securities held directly by HLT BREP VI.TE.2 Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdco LLC is HLT BREP VI.TE.2 Holdings Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdings Holdco LLC is Blackstone Real Estate Partners VI.TE.2 L.P. The general partner of Blackstone Real Estate Partners VI.TE.2 L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of BREA VI L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016486 · doc4.xml · nonDerivative · entry 4

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 5,958

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F6 · ownership.nature: Reflects securities held directly by HLT A23 BREH VI Holdco LLC. The sole member of HLT A23 BREH VI Holdco LLC is HLT BREH VI-A Holdings Holdco LLC. The sole member of HLT BREH VI-A Holdings Holdco LLC is Blackstone Real Estate Holdings VI L.P. The general partner of Blackstone Real Estate Holdings VI L.P. is BREP VI Side-by-Side GP L.L.C. The sole member of BREP VI Side-by-Side GP L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016486 · doc4.xml · nonDerivative · entry 3

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 101,257

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F4 · ownership.nature: Reflects securities held directly by HLT BREH VI Holdco LLC. The sole member of HLT BREH VI Holdco LLC is BH Hotels.

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016486 · doc4.xml · nonDerivative · entry 2

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 1,014,784

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F3 · ownership.nature: Reflects securities held directly by HLT A23 Holdco LLC. The sole member of HLT A23 Holdco LLC is BH Hotels.

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016486 · doc4.xml · nonDerivative · entry 1

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 29,515,359

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F2 · ownership.nature: Reflects securities held directly by HLT Holdco III LLC. HLT Holdco III LLC is a wholly-owned subsidiary of HLT Holdco II LLC. HLT Holdco II LLC is a wholly-owned subsidiary of HLT Holdco LLC. HLT Holdco LLC is a wholly-owned subsidiary of BH Hotels Holdco LLC ("BH Hotels").

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016490 · doc4.xml · nonDerivative · entry 6

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

HLT BREH VI Holdco LLC · CIK 0001612004 · 10% owner

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT BREH Intl II Holdco LLC · CIK 0001612006 · 10% owner

HLT A23 BREH VI Holdco LLC · CIK 0001613953 · 10% owner

HLT BREP VI.TE.2 Holdco LLC · CIK 0001611975 · 10% owner

HLT BREH VI-A Holdings Holdco LLC · CIK 0001688845 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 17,065

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F8 · ownership.nature: Reflects securities held directly by HLT BREH Intl II Holdco LLC. The sole member of HLT BREH Intl II Holdco LLC is HLT BREH Intl II Holdings Holdco LLC. The controlling member of HLT BREH Intl II Holdings Holdco LLC is Blackstone Real Estate Holdings International II-Q L.P. The general partner of Blackstone Real Estate Holdings International II-Q L.P. is BREP International II-Q GP L.P. The general partner of BREP International II-Q GP L.P. is BREP International II-Q GP L.L.C. The sole member of BREP International II-Q GP L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016490 · doc4.xml · nonDerivative · entry 5

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

HLT BREH VI Holdco LLC · CIK 0001612004 · 10% owner

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT BREH Intl II Holdco LLC · CIK 0001612006 · 10% owner

HLT A23 BREH VI Holdco LLC · CIK 0001613953 · 10% owner

HLT BREP VI.TE.2 Holdco LLC · CIK 0001611975 · 10% owner

HLT BREH VI-A Holdings Holdco LLC · CIK 0001688845 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,874,542

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F7 · ownership.nature: Reflects securities held directly by HLT BREP VI.TE.2 Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdco LLC is HLT BREP VI.TE.2 Holdings Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdings Holdco LLC is Blackstone Real Estate Partners VI.TE.2 L.P. The general partner of Blackstone Real Estate Partners VI.TE.2 L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of BREA VI L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016490 · doc4.xml · nonDerivative · entry 4

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

HLT BREH VI Holdco LLC · CIK 0001612004 · 10% owner

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT BREH Intl II Holdco LLC · CIK 0001612006 · 10% owner

HLT A23 BREH VI Holdco LLC · CIK 0001613953 · 10% owner

HLT BREP VI.TE.2 Holdco LLC · CIK 0001611975 · 10% owner

HLT BREH VI-A Holdings Holdco LLC · CIK 0001688845 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 5,958

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F6 · ownership.nature: Reflects securities held directly by HLT A23 BREH VI Holdco LLC. The sole member of HLT A23 BREH VI Holdco LLC is HLT BREH VI-A Holdings Holdco LLC. The sole member of HLT BREH VI-A Holdings Holdco LLC is Blackstone Real Estate Holdings VI L.P. The general partner of Blackstone Real Estate Holdings VI L.P. is BREP VI Side-by-Side GP L.L.C. The sole member of BREP VI Side-by-Side GP L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016490 · doc4.xml · nonDerivative · entry 3

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

HLT BREH VI Holdco LLC · CIK 0001612004 · 10% owner

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT BREH Intl II Holdco LLC · CIK 0001612006 · 10% owner

HLT A23 BREH VI Holdco LLC · CIK 0001613953 · 10% owner

HLT BREP VI.TE.2 Holdco LLC · CIK 0001611975 · 10% owner

HLT BREH VI-A Holdings Holdco LLC · CIK 0001688845 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 101,257

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F4 · ownership.nature: Reflects securities held directly by HLT BREH VI Holdco LLC. The sole member of HLT BREH VI Holdco LLC is BH Hotels.

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016490 · doc4.xml · nonDerivative · entry 2

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

HLT BREH VI Holdco LLC · CIK 0001612004 · 10% owner

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT BREH Intl II Holdco LLC · CIK 0001612006 · 10% owner

HLT A23 BREH VI Holdco LLC · CIK 0001613953 · 10% owner

HLT BREP VI.TE.2 Holdco LLC · CIK 0001611975 · 10% owner

HLT BREH VI-A Holdings Holdco LLC · CIK 0001688845 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 1,014,784

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F3 · ownership.nature: Reflects securities held directly by HLT A23 Holdco LLC. The sole member of HLT A23 Holdco LLC is BH Hotels.

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016490 · doc4.xml · nonDerivative · entry 1

HLT Holdco III LLC · CIK 0001611999 · 10% owner

HLT Holdco II LLC · CIK 0001612000 · 10% owner

HLT Holdco LLC · CIK 0001593790 · 10% owner

BH Hotels Holdco LLC · CIK 0001593796 · 10% owner

HLT BREH VI Holdco LLC · CIK 0001612004 · 10% owner

HLT A23 Holdco LLC · CIK 0001613952 · 10% owner

HLT BREH Intl II Holdco LLC · CIK 0001612006 · 10% owner

HLT A23 BREH VI Holdco LLC · CIK 0001613953 · 10% owner

HLT BREP VI.TE.2 Holdco LLC · CIK 0001611975 · 10% owner

HLT BREH VI-A Holdings Holdco LLC · CIK 0001688845 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 29,515,359

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F2 · ownership.nature: Reflects securities held directly by HLT Holdco III LLC. HLT Holdco III LLC is a wholly-owned subsidiary of HLT Holdco II LLC. HLT Holdco II LLC is a wholly-owned subsidiary of HLT Holdco LLC. HLT Holdco LLC is a wholly-owned subsidiary of BH Hotels Holdco LLC ("BH Hotels").

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016487 · doc4.xml · nonDerivative · entry 6

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Holdings III L.P. · CIK 0001404073 · 10% owner

Blackstone Holdings III GP L.P. · CIK 0001478809 · 10% owner

Blackstone Holdings III GP Management L.L.C. · CIK 0001478815 · 10% owner

Blackstone Group L.P. · CIK 0001393818 · 10% owner

Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner

SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 17,065

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F8 · ownership.nature: Reflects securities held directly by HLT BREH Intl II Holdco LLC. The sole member of HLT BREH Intl II Holdco LLC is HLT BREH Intl II Holdings Holdco LLC. The controlling member of HLT BREH Intl II Holdings Holdco LLC is Blackstone Real Estate Holdings International II-Q L.P. The general partner of Blackstone Real Estate Holdings International II-Q L.P. is BREP International II-Q GP L.P. The general partner of BREP International II-Q GP L.P. is BREP International II-Q GP L.L.C. The sole member of BREP International II-Q GP L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016487 · doc4.xml · nonDerivative · entry 5

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Holdings III L.P. · CIK 0001404073 · 10% owner

Blackstone Holdings III GP L.P. · CIK 0001478809 · 10% owner

Blackstone Holdings III GP Management L.L.C. · CIK 0001478815 · 10% owner

Blackstone Group L.P. · CIK 0001393818 · 10% owner

Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner

SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,874,542

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F7 · ownership.nature: Reflects securities held directly by HLT BREP VI.TE.2 Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdco LLC is HLT BREP VI.TE.2 Holdings Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdings Holdco LLC is Blackstone Real Estate Partners VI.TE.2 L.P. The general partner of Blackstone Real Estate Partners VI.TE.2 L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of BREA VI L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016487 · doc4.xml · nonDerivative · entry 4

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Holdings III L.P. · CIK 0001404073 · 10% owner

Blackstone Holdings III GP L.P. · CIK 0001478809 · 10% owner

Blackstone Holdings III GP Management L.L.C. · CIK 0001478815 · 10% owner

Blackstone Group L.P. · CIK 0001393818 · 10% owner

Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner

SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 5,958

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F6 · ownership.nature: Reflects securities held directly by HLT A23 BREH VI Holdco LLC. The sole member of HLT A23 BREH VI Holdco LLC is HLT BREH VI-A Holdings Holdco LLC. The sole member of HLT BREH VI-A Holdings Holdco LLC is Blackstone Real Estate Holdings VI L.P. The general partner of Blackstone Real Estate Holdings VI L.P. is BREP VI Side-by-Side GP L.L.C. The sole member of BREP VI Side-by-Side GP L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016487 · doc4.xml · nonDerivative · entry 3

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Holdings III L.P. · CIK 0001404073 · 10% owner

Blackstone Holdings III GP L.P. · CIK 0001478809 · 10% owner

Blackstone Holdings III GP Management L.L.C. · CIK 0001478815 · 10% owner

Blackstone Group L.P. · CIK 0001393818 · 10% owner

Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner

SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 101,257

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F4 · ownership.nature: Reflects securities held directly by HLT BREH VI Holdco LLC. The sole member of HLT BREH VI Holdco LLC is BH Hotels.

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016487 · doc4.xml · nonDerivative · entry 2

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Holdings III L.P. · CIK 0001404073 · 10% owner

Blackstone Holdings III GP L.P. · CIK 0001478809 · 10% owner

Blackstone Holdings III GP Management L.L.C. · CIK 0001478815 · 10% owner

Blackstone Group L.P. · CIK 0001393818 · 10% owner

Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner

SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 1,014,784

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F3 · ownership.nature: Reflects securities held directly by HLT A23 Holdco LLC. The sole member of HLT A23 Holdco LLC is BH Hotels.

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-016487 · doc4.xml · nonDerivative · entry 1

Blackstone Real Estate Associates VI L.P. · CIK 0001587215 · 10% owner

BREA VI L.L.C. · CIK 0001590150 · 10% owner

Blackstone Management Associates V L.L.C. · CIK 0001368609 · 10% owner

BMA V L.L.C. · CIK 0001368608 · 10% owner

Blackstone Holdings III L.P. · CIK 0001404073 · 10% owner

Blackstone Holdings III GP L.P. · CIK 0001478809 · 10% owner

Blackstone Holdings III GP Management L.L.C. · CIK 0001478815 · 10% owner

Blackstone Group L.P. · CIK 0001393818 · 10% owner

Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner

SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 29,515,359

F1 · price: This amount represents the $65.82 sale price per share of the Common Stock ("Common Stock") of Hilton Worldwide Holdings Inc. (the "Issuer") received by the Reporting Persons in connection with a secondary block trade and Issuer share repurchase, each of which closed on June 13, 2017.

F2 · ownership.nature: Reflects securities held directly by HLT Holdco III LLC. HLT Holdco III LLC is a wholly-owned subsidiary of HLT Holdco II LLC. HLT Holdco II LLC is a wholly-owned subsidiary of HLT Holdco LLC. HLT Holdco LLC is a wholly-owned subsidiary of BH Hotels Holdco LLC ("BH Hotels").

F5 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F10 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F11 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F12 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F13 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0001585689-17-000157 · wf-form4_149670013213380.xml · nonDerivative · entry 1

MCHALE JUDITH · CIK 0001134405 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,839.692

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0001585689-17-000160 · wf-form4_149670035480124.xml · nonDerivative · entry 1

STEENLAND DOUGLAS M · CIK 0001244673 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,172.692

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0001585689-17-000159 · wf-form4_149670027236807.xml · nonDerivative · entry 1

SMITH ELIZABETH A · CIK 0001209033 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,839.692

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0001585689-17-000158 · wf-form4_149670020211677.xml · nonDerivative · entry 1

Schreiber John · CIK 0001504918 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,355.406

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0001585689-17-000156 · wf-form4_149670003103248.xml · nonDerivative · entry 1

Huntsman Jon M Jr · CIK 0001541785 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,319.997

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

SEC source: 0001585689-17-000147 · wf-form4_149583050391408.xml · nonDerivative · entry 1

MCHALE JUDITH · CIK 0001134405 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,827.74

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0001585689-17-000150 · wf-form4_149583074833405.xml · nonDerivative · entry 1

STEENLAND DOUGLAS M · CIK 0001244673 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,160.74

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0001585689-17-000145 · wf-form4_149583026366098.xml · nonDerivative · entry 1

BEGLEY CHARLENE T · CIK 0001233150 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,290

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0001585689-17-000149 · wf-form4_149583066032818.xml · nonDerivative · entry 1

SMITH ELIZABETH A · CIK 0001209033 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,827.74

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0001585689-17-000148 · wf-form4_149583058912130.xml · nonDerivative · entry 1

Schreiber John · CIK 0001504918 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,346.38

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0001585689-17-000144 · wf-form4_149583015255193.xml · derivative · entry 4

Witter Jonathan W. · CIK 0001528493 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,998

Underlying: Common Stock · 37,998 shares

Expires 2027-02-27

F4 · derivative.exercise_date: The option vests in three equal annual installments beginning on February 15, 2018.

SEC source: 0001585689-17-000144 · wf-form4_149583015255193.xml · nonDerivative · entry 3

Witter Jonathan W. · CIK 0001528493 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 138,973

F3 · shares: Represents restricted stock units of the Issuer issued pursuant to the Issuer's 2013 Omnibus Incentive Plan, which vest in four equal annual installments beginning on May 24, 2018.

SEC source: 0001585689-17-000144 · wf-form4_149583015255193.xml · nonDerivative · entry 2

Witter Jonathan W. · CIK 0001528493 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,886

F2 · shares: Represents restricted stock units of the Issuer issued pursuant to the Issuer's 2013 Omnibus Incentive Plan, which vest in two equal annual installments beginning on May 24, 2018.

SEC source: 0001585689-17-000144 · wf-form4_149583015255193.xml · nonDerivative · entry 1

Witter Jonathan W. · CIK 0001528493 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,163

F1 · shares: Represents restricted stock units of the issuer issued pursuant to the issuer's 2013 Omnibus Incentive Plan, which vest in two equal annual installments beginning on February 15, 2018.

SEC source: 0001585689-17-000146 · wf-form4_149583033946340.xml · nonDerivative · entry 1

Huntsman Jon M Jr · CIK 0001541785 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,308.83

F1 · shares: Represents deferred share units of the Issuer awarded pursuant to the Hilton 2017 Omnibus Incentive Plan. Each deferred share unit represents one share of Issuer common stock and is fully vested. The underlying shares will be issued to the reporting person upon the earlier to occur of a (i) termination of service as a director and (ii) change in control of the Issuer.

SEC source: 0001585689-17-000113 · wf-form4_149126524473143.xml · nonDerivative · entry 1

MCHALE JUDITH · CIK 0001134405 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,537.74

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

F2 · balance_after: Reflects adjustments made in connection with the Issuer's January 3, 2017 spin-offs of Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. and 1-for-3 reverse stock split of the Issuer's common stock.

SEC source: 0001585689-17-000116 · wf-form4_149126556161825.xml · nonDerivative · entry 1

STEENLAND DOUGLAS M · CIK 0001244673 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,870.74

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

F2 · balance_after: Reflects adjustments made in connection with the Issuer's January 3, 2017 spin-offs of Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. and 1-for-3 reverse stock split of the Issuer's common stock.

SEC source: 0001585689-17-000115 · wf-form4_149126545385930.xml · nonDerivative · entry 1

SMITH ELIZABETH A · CIK 0001209033 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,537.74

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

F2 · balance_after: Reflects adjustments made in connection with the Issuer's January 3, 2017 spin-offs of Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. and 1-for-3 reverse stock split of the Issuer's common stock.

SEC source: 0001585689-17-000114 · wf-form4_149126535860079.xml · nonDerivative · entry 1

Schreiber John · CIK 0001504918 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,056.38

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

F2 · balance_after: Reflects adjustments made in connection with the Issuer's January 3, 2017 spin-offs of Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. and 1-for-3 reverse stock split of the Issuer's common stock.

SEC source: 0001585689-17-000112 · wf-form4_149126512475041.xml · nonDerivative · entry 1

Huntsman Jon M Jr · CIK 0001541785 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,018.83

F1 · shares: Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

F2 · balance_after: Reflects adjustments made in connection with the Issuer's January 3, 2017 spin-offs of Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. and 1-for-3 reverse stock split of the Issuer's common stock.

SEC source: 0000899243-17-008112 · doc4.xml · nonDerivative · entry 6

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 25,675

F13 · balance_after: Reflects an adjustment in connection with the 1-for-3 reverse stock split of the Issuer's common stock effected on January 3, 2017.

F7 · ownership.nature: Reflects securities held directly by HLT BREH Intl II Holdco LLC. The sole member of HLT BREH Intl II Holdco LLC is HLT BREH Intl II Holdings Holdco LLC. The controlling member of HLT BREH Intl II Holdings Holdco LLC is Blackstone Real Estate Holdings International II-Q L.P. The general partner of Blackstone Real Estate Holdings International II-Q L.P. is BREP International II-Q GP L.P. The general partner of BREP International II-Q GP L.P. is BREP International II-Q GP L.L.C. The sole member of BREP International II-Q GP L.L.C. is Blackstone Holdings III L.P.

F9 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F10 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F11 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F12 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-008112 · doc4.xml · nonDerivative · entry 5

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 4,325,050

F13 · balance_after: Reflects an adjustment in connection with the 1-for-3 reverse stock split of the Issuer's common stock effected on January 3, 2017.

F6 · ownership.nature: Reflects securities held directly by HLT BREP VI.TE.2 Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdco LLC is HLT BREP VI.TE.2 Holdings Holdco LLC. The sole member of HLT BREP VI.TE.2 Holdings Holdco LLC is Blackstone Real Estate Partners VI.TE.2 L.P. The general partner of Blackstone Real Estate Partners VI.TE.2 L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of BREA VI L.L.C. is Blackstone Holdings III L.P.

F9 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F10 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F11 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F12 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-008112 · doc4.xml · nonDerivative · entry 4

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 8,964

F13 · balance_after: Reflects an adjustment in connection with the 1-for-3 reverse stock split of the Issuer's common stock effected on January 3, 2017.

F5 · ownership.nature: Reflects securities held directly by HLT A23 BREH VI Holdco LLC. The sole member of HLT A23 BREH VI Holdco LLC is HLT BREH VI-A Holdings Holdco LLC. The sole member of HLT BREH VI-A Holdings Holdco LLC is Blackstone Real Estate Holdings VI L.P. The general partner of Blackstone Real Estate Holdings VI L.P. is BREP VI Side-by-Side GP L.L.C. The sole member of BREP VI Side-by-Side GP L.L.C. is Blackstone Holdings III L.P.

F9 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F10 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F11 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F12 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-17-008112 · doc4.xml · nonDerivative · entry 3

BLACKSTONE REAL ESTATE PARTNERS VI TE 2 L P · CIK 0001391896 · 10% owner

HLT BREP VI.TE.2 Holdings Holdco LLC · CIK 0001688846 · 10% owner

Blackstone Real Estate Holdings VI L.P. · CIK 0001591579 · 10% owner

BREP VI Side-by-Side GP L.L.C. · CIK 0001591665 · 10% owner

HLT BREH Intl II Holdings Holdco LLC · CIK 0001612120 · 10% owner

Blackstone Real Estate Holdings International II-Q L.P. · CIK 0001612222 · 10% owner

BREP International II-Q GP L.P. · CIK 0001612220 · 10% owner

BREP International II-Q GP L.L.C. · CIK 0001612219 · 10% owner

BLACKSTONE REAL ESTATE PARTNERS VI L P · CIK 0001391893 · 10% owner

BLACKSTONE CAPITAL PARTNERS V L P · CIK 0001343206 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 152,352

F13 · balance_after: Reflects an adjustment in connection with the 1-for-3 reverse stock split of the Issuer's common stock effected on January 3, 2017.

F3 · ownership.nature: Reflects securities held directly by HLT BREH VI Holdco LLC. The sole member of HLT BREH VI Holdco LLC is BH Hotels.

F4 · ownership.nature: The managing members of BH Hotels are Blackstone Real Estate Partners VI L.P. and Blackstone Capital Partners V L.P. The general partner of Blackstone Capital Partners V L.P. is Blackstone Management Associates V L.L.C. The sole member of Blackstone Management Associates V L.L.C is BMA V L.L.C. The general partner of Blackstone Real Estate Partners VI L.P. is Blackstone Real Estate Associates VI L.P. The general partner of Blackstone Real Estate Associates VI L.P. is BREA VI L.L.C. The managing member of each of BREA VI L.L.C. and BMA V L.L.C. is Blackstone Holdings III L.P.

F9 · ownership.nature: The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.

F10 · ownership.nature: Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.

F11 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F12 · ownership.nature: Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.