MARRIOTT TO OPEN RITZ-CARLTON RESERVE IN TROJENA

Marriott International, Inc. has recently signed an agreement with NEOM to launch its
second Ritz-Carlton Reserve in Saudi Arabia. The property is expected to open in
Trojena, a mountainous destination situated in the northwest region of the country, and
will provide guests with a luxurious, private retreat throughout the year.

Chadi Hauch, Regional Vice President, Lodging Development, Middle East, Marriott
International said, “Ritz-Carlton Reserve features a portfolio of exclusive properties that
offer an intimate and transformative experience rooted in heartfelt care and human
connection. Together with NEOM, we look forward to bringing this ultra-luxury
experience to Trojena. This signing also marks an important addition to our portfolio in
Saudi Arabia where we continue to see a strong demand for our luxury brands.”
The upcoming resort is anticipated to have 60 spacious villas with one to four
bedrooms. The project also includes several amenities such as a luxurious spa, multiple
swimming pools, and restaurants. Located in a secluded area of Trojena, the resort
promises to offer a serene getaway amidst awe-inspiring views of the desert and
mountain ranges.

Trojena aims to become a destination for adventure sports throughout the year. It will
offer a variety of activities such as skiing, water sports, mountain biking and hiking.,
Trojena will also include apartments, chalets, retail stores, restaurants, entertainment
venues, and a range of recreational and sports facilities. The development will also
house two luxurious hotels, the W Hotel and the JW Marriott Hotel, among other
hospitality offerings.

“Trojena is a rare destination, and we are delighted that Ritz-Carlton Reserve has hand-
picked the mountains of NEOM for their next property.  Together we will create an
experience that can’t be recreated anywhere else. Our visitors and residents will
experience a sanctuary that will capture the magic of Saudi Arabia, embracing ultimate
luxury in an unforgettable location,” said Philip Gullett, Executive Director, and Trojena
Region Head.  

Chris Newman, Executive Director of NEOM Hotel Division, said, “We are excited to
announce the collaboration with Ritz-Carlton Reserve within the unique mountains of
Trojena. This is a very special project which merits only the most exceptional and
exclusive of brands. Only a handful of destinations the world over can lay claim to this
honor, which further strengthens our relationship with Marriott.”

The signing of the Ritz-Carlton Reserve in Trojena marks the seventh collaboration
announced between Marriott International and NEOM. The companies are also
anticipated to unveil two projects later this year.