Date Issued  5/10/2016

Shares Issued  3,000,000   Overallotment Shares  None

S&P Rating   NR   Moodys Rating   NR

Ticker Symbol   SHO-F       OTC Temp Ticker    STNHP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2016

Quarterly Dividend   .403   Annual Dividend   1.6125

Securities may be redeemed, at the issuers option, as early as 05/17/2021 for a redemption price of $25/share plus accrued interest

Distribution Payment Will NOT be a Qualified Distributions — Preferred Stocks of REITs are not qualified distributions

Maturity Date   None

Company Investor Relations Page for Sunstone Hotels

Below you can find the offering Prospectus and Final Pricing Document