PR Newswire | Jan 21, 2022 04:31PM EST

01/21 15:30 CST

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS IRVINE, Calif., Jan. 21, 2022

IRVINE, Calif., Jan. 21, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate(r) in the hospitality sector, announced the following tax treatment of the 2021 distributions to holders of the Company's preferred stock.

Security Ticker Record Payable Total Ordinary Total SectionDescription CUSIP Symbol Date Date Distribution Dividends 199A Per Share Dividends

Series E Preferred 867892606 SHO/PR E 3/31/2021 4/15/2021 0.434375 0.434375 0.434375

Series E Preferred 867892606 SHO/PR E 6/11/2021 6/11/2021 0.337847 0.337847 0.337847

Series F Preferred 867892705 SHO/PR F 3/31/2021 4/15/2021 0.403125 0.403125 0.403125

Series F Preferred 867892705 SHO/PR F 6/30/2021 7/15/2021 0.403125 0.403125 0.403125

Series F Preferred 867892705 SHO/PR F 8/12/2021 8/12/2021 0.183646 0.183646 0.183646

Series H Preferred 867892804 SHO/PR H 6/30/2021 7/15/2021 0.157378 0.157378 0.157378

Series H Preferred 867892804 SHO/PR H 9/30/2021 10/15/2021 0.382813 0.382813 0.382813

Series H Preferred 867892804 SHO/PR H 12/31/2021 1/18/2022 0.382813 0.382813 0.382813

Series I Preferred 867892887 SHO/PR I 9/30/2021 10/15/2021 0.296875 0.296875 0.296875

Series I Preferred 867892887 SHO/PR I 12/31/2021 1/18/2022 0.356250 0.356250 0.356250

For stockholders with shares held through a bank, broker or nominee, questions regarding the dividend should be directed to the applicable bank, broker or nominee. For registered stockholders, questions regarding the dividend should be directed to Sunstone's transfer agent: Shareholder Services at American Stock Transfer and Trust Company at (718) 921-8124 or toll free at (800) 937-5449.

Shareholders are encouraged to consult with a personal tax advisor regarding their specific tax treatment of the Company's distributions.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT"). Sunstone's business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate(r). For further information, please visit Sunstone's website at www.sunstonehotels.com.

For Additional Information

Bryan GigliaChief Financial OfficerSunstone Hotel Investors, Inc.(949) 382-3036

Aaron ReyesSenior Vice President & TreasurerSunstone Hotel Investors, Inc.(949) 382-3018

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SOURCE Sunstone Hotel Investors, Inc.