#United States #Broomfield #Vail Resorts #Shareholder Engagement #Board Refreshment

Vail Resorts Board Update

BROOMFIELD, Colo., September 11, 2026 - Vail Resorts, Inc. (NYSE: MTN) has officially provided information regarding the recent closure of its nominations window for election to the Board of Directors. The company received several notices of intent to nominate individuals, confirming ongoing engagement with its shareholders.

The company noted that the following nominations were received from Oasis Management:

• - Robert A. Chapek (Florida)
• - M. Ashton Hudson (Florida)
• - Bryce Roberts (Utah)
• - Picabo Street (Utah)

Additionally, a self-nomination was submitted by Gregory Syvert Meyer (Florida).

Vail Resorts has emphasized its commitment to maintaining open communication with shareholders and is dedicated to fostering discussions focused on enhancing long-term shareholder value. As part of this commitment, the search for a new independent Director is currently in progress, with expectations to finalize this search by early 2027.

After thorough evaluations of all the nominees, the Board will present its recommended slate of nominees in the upcoming proxy statement, which will be filed with the Securities and Exchange Commission. This document will be shared with all shareholders eligible to vote at the approaching annual meeting. Importantly, Vail Resorts shares that no action is required from shareholders at this time.

Overview of Vail Resorts

Vail Resorts operates a significant network of skiing destinations. Notable locations under its brand include Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and many others throughout North America. International resorts include Andermatt-Sedrun and Crans-Montana in Switzerland, as well as several destinations in Australia. The company is committed to delivering exceptional experiences for both guests and employees and has set an ambitious goal - achieving a zero net operating footprint by 2030.

Vail Resorts also manages a collection of upscale hotels under the RockResorts brand and oversees a range of vacation rentals and condominiums located near its mountain resorts. Additionally, Vail Resorts Retail serves a variety of retail and rental locations across North America. For more details, interested parties are encouraged to visit www.VailResorts.com and explore the various resort offerings at www.EpicPass.com.

Forward-Looking Statements

While this release includes information regarding its future actions, Vail Resorts urges readers to avoid placing excessive reliance on forward-looking statements as they may be subject to inherent risks and uncertainties. Variables that could significantly impact the company's actual performance compared to these forward-looking statements include fluctuations in economic conditions, unpredictable weather patterns, and shifts in consumer behavior among others.

As Vail Resorts gears up for a pivotal annual meeting of its stockholders, expected to take place in 2026, they will file a proxy statement and other important documentation with the SEC. Shareholders are encouraged to remain attentive to these filings as they will contain critical information regarding the candidates for board positions among other agenda items for the annual meeting.

Conclusion

The transparent process around nominations and board refreshment reflects Vail Resorts’ dedication to its shareholders. The company’s strategic moves are designed to enhance decision-making and governance, setting a course that aims to secure its standing in the competitive outdoor recreation industry. As the search for a new director continues, it will be intriguing to see how these new nominations might shape the future of Vail Resorts as they navigate through these changing times.