Travel & Leisure Co.

(a)Disclosure Controls and Procedures. As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our principal executive and principal financial officers, of the effectiveness of the design and operation of our disclosure controls and procedures (as such term is defined in Rule 13(a)-15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”)). Based on such evaluation, our principal executive and principal financial officers concluded that our disclosure controls and procedures were designed and functioning effectively as of the end of the period covered by this report to provide reasonable assurance that information required to be disclosed by us in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and to provide reasonable assurance that such information is accumulated and communicated to our management, including our principal executive and principal financial officers, as appropriate, to allow timely decisions regarding required disclosure.

(b)Internal Control Over Financial Reporting. During the quarter ended September 30, 2026, we implemented the first phase of a new enterprise resource planning (“ERP”) system to update our existing core financial systems. As a result of this implementation, we updated certain existing controls and procedures related to the ERP system to maintain appropriate internal control over financial reporting.

The Company completed the acquisitions of Yes& Vacations and Spinnaker Resorts (collectively the “Acquisitions”) during the quarter ended September 30, 2026. We are currently assessing internal controls over financial reporting and integrating the Acquisitions with our existing internal controls over financial reporting. As permitted by the SEC guidance for newly acquired businesses, management intends to exclude the Acquisitions from our evaluation of internal control over financial reporting for the year ended December 31, 2026.

There were no other changes in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) during the period to which this report relates that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. As of September 30, 2026, we utilized the criteria established in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

PART II – OTHER INFORMATION