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    Kevin J. Jacobs

    CFO and President, Global Development at Hilton Worldwide Holdings Inc
    Since 2013
    Age
    52 years
    Education
    Graduated from the Cornell University School of Hotel Administration.
    Tenure
    Joined HLT in 2008 and held various leadership roles including Treasurer (2009), Executive Vice President and Chief of Staff (2012), CFO (2013), and President, Global Development (2020).

    Also at Hilton Worldwide Holdings Inc

    About

    Kevin J. Jacobs is currently 52 years old as of March 21, 2025 and graduated from the Cornell University School of Hotel Administration.

    He began his tenure at HLT in 2008 as Senior Vice President, Corporate Strategy, and then advanced through several leadership roles including Treasurer in 2009, Executive Vice President and Chief of Staff in 2012, and assumed the CFO role in 2013 before adding the responsibility of President, Global Development in 2020.

    Beyond his roles at HLT, he has contributed significantly through prior positions at major hospitality organizations and by serving on various boards and advisory committees, underscoring his extensive experience in corporate strategy, finance, and real estate.

    Past Roles

    OrganizationRoleDate RangeDetails
    Hilton Worldwide Holdings Inc. Executive Vice President and Chief of Staff 2012-2013 Predecessor role prior to CFO appointment
    Hilton Worldwide Holdings Inc. Treasurer 2009-2012 Elected in 2009 before subsequent promotions
    Hilton Worldwide Holdings Inc. Senior Vice President, Corporate Strategy 2008-2009 Joined in 2008 before taking on later roles
    Fairmont Raffles Hotels International Senior Vice President, Mergers & Acquisitions and Treasurer N/A (N/A)Served in mergers & acquisitions and treasury roles
    Host Hotels and Resorts, Inc. Vice President, Corporate Strategy & Investor Relations N/A (N/A)Worked for seven years
    PricewaterhouseCoopers LLP Various roles in the Hospitality Consulting Practice N/A (N/A)N/A
    Cushman & Wakefield, Inc. Role in the Hospitality Valuation Group N/A (N/A)N/A

    External Roles

    OrganizationRoleDate RangeDetails
    Omega Healthcare Investors, Inc. Member of the Board of Directors N/A (N/A)Triple‑net equity REIT supporting financing for skilled nursing and assisted living facilities
    Cornell University Trustee and Dean's Advisory Board Member, Cornell University School of Hotel Administration N/A (N/A)N/A
    Goodwill of Greater Washington Chair of the Board of Directors N/A (N/A)N/A
    American Hotel & Lodging Association Immediate Past Chair and Executive Board Member N/A (N/A)N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Salary$990,385 AnnualEarned during 2023; may be paid or deferred under Company benefit plans.
    RSUs$1,624,902 Vest in three equal annual installments starting March 3, 202411,115 shares granted on March 2, 2023 with the grant date fair value provided.
    Option Awards$1,624,955 Vest in three equal annual installments starting March 3, 202431,058 stock options granted on March 2, 2023 with an exercise price of $146.19 per share and corresponding grant date fair value.
    All Other Compensation$57,226 Paid as incurred/annuallyComprises a Company 401(k) match of $13,200, executive physical of $3,750, and other travel perquisites of $40,276.

    Performance Compensation

    Data from  FY 2023

    Non-Equity Incentive Plan Compensation for 2023

    MetricValueDetails
    Actual Incentive Earned$1,386,503 Annual cash incentive based on performance objectives.
    Performance MetricsAdjusted EBITDA; Non-Financial Objectives Primary financial metric is Adjusted EBITDA, with additional non-financial objectives tied to key strategic priorities.
    Payout Threshold50% of base salary Minimum level required to earn any incentive.
    Payout Target100% of base salary Standard performance target.
    Payout Maximum200% of base salary Cap on incentive payout.
    Payout DetailsFinancial: 140%; Business: 138%; Total: 139% Breakdown of performance achievements resulting in the final payout percentage.
    Evaluation PeriodCalendar year 2023 Performance measured over the annual period.

    Performance Share Units (PSUs) for 2023

    MetricValueDetails
    Grant DateMarch 2, 2023 PSUs granted on this date.
    Grant Date Fair Value$3,249,950 Total fair value of the PSU award on the grant date.
    Grant Date Stock Price$146.19 per share Same as the exercise price for Option Awards.
    Performance MetricsFCF per share; Adjusted EBITDA; NUG CAGR; RPI Growth Four equally weighted indicators drive the vesting outcomes.
    Vesting Threshold50% of target; 11,115 PSUs Minimum performance level required for partial vesting.
    Vesting Target100% of target; 22,231 PSUs Performance level that awards the full target number of units.
    Vesting Maximum200% of target; 44,462 PSUs Upper limit on PSU awards based on performance.
    Vesting ScheduleVests at end of three-year periodPerformance period runs from January 1, 2023 to December 31, 2025; awards determined post evaluation.
    Evaluation PeriodJanuary 1, 2023 - December 31, 2025 Metrics for FCF, Adjusted EBITDA, and RPI Growth are measured in the final year; NUG CAGR measured over the full period.
    Award Condition0% to 200% of targetAward percentage varies based on the level of achievement of the performance metrics.