13D Filing: Hill Path Capital LP and Seaworld Entertainment Inc. (SEAS)

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I. Hill Path
(a)

Hill
Path, as the investment manager of each of Hill Path Capital, Hill Path Co-Investment, Hill Path H, Hill Path E and Hill Path
E2, may be deemed the beneficial owner of the (i) 5,024,464 Shares owned by Hill Path Capital, (ii) 154,336 Shares owned by Hill
Path Co-Investment, (iii) 1,334,162 Shares owned by Hill Path H, (iv) 2,556,237 Shares owned by Hill Path E and (v) 205,563 Shares
owned by Hill Path E2

Percentage: Approximately 10.2%

(b) 1. Sole power to vote or direct vote: 9,274,762
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 9,274,762
4. Shared power to dispose or direct the disposition: 0
(c) Hill Path has not entered into any transactions in the Shares since the filing of the Schedule
13D. The transactions in the Shares on behalf of each of Hill Path E and Hill Path E2 since the filing of the Schedule 13D are
set forth in Schedule A and are incorporated herein by reference.
J. Hill Path Holdings
(a)

Hill Path
Holdings, as the general partner of Hill Path, may be
deemed the beneficial owner of the (i) 5,024,464 Shares owned by Hill Path Capital, (ii) 154,336 Shares owned by Hill Path Co-Investment
(iii) 1,334,162 Shares owned by Hill Path H, (iv) 2,556,237 Shares owned by Hill Path E and (v) 205,563 Shares owned by Hill Path
E2.

Percentage: Approximately 10.2%

(b) 1. Sole power to vote or direct vote: 9,274,762
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 9,274,762
4. Shared power to dispose or direct the disposition: 0
(c) Hill Path Holdings has not entered into any transactions in the Shares since the filing of the
Schedule 13D. The transactions in the Shares on behalf of each of Hill Path E and Hill Path E2 since the filing of the Schedule
13D are set forth in Schedule A and are incorporated herein by reference.
K. Mr. Ross
(a)

Mr. Ross,
as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed the beneficial
owner of the (i) 5,024,464 Shares owned by Hill Path Capital, (ii) 154,336 Shares owned by Hill Path Co-Investment, (iii) 1,334,162
Shares owned by Hill Path H, (iv) 2,556,237 Shares owned by Hill Path E and (v) 205,563 Shares owned by Hill Path E2.

Percentage: Approximately 10.2%

(b) 1. Sole power to vote or direct vote: 9,274,762
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 9,274,762
4. Shared power to dispose or direct the disposition: 0
(c) Mr. Ross has not entered into any transactions in the Shares since the filing of the Schedule 13D.
The transactions in the Shares on behalf of each of Hill Path E and Hill Path E2 since the filing of the Schedule 13D are set forth
in Schedule A and are incorporated herein by reference.

Each of the Reporting
Persons, as a member of a “group” with the other Reporting Persons for purposes of Rule 13d-5(b)(1) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), may be deemed to beneficially own the Shares owned by the other
Reporting Persons.  The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are,
for purposes of Section 13(d) of the Exchange Act, the beneficial owners of any Shares he or it does not directly own.  Each
of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that he or it does not directly
own.

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