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Legal Disclosures

What is the Club?

Marriott Vacation Club Destinations, Australia timeshare Managed Investment Scheme (the “Club”) is a registered managed investment (Australia registered scheme number 610 612 676) through which members can obtain the opportunity to vacation in Club Property. Club Property is described in the documents provided at the time of sale, and more particularly in the Marriott Vacation Club Destinations, Australia Product Disclosure Statement, which may be revised from time to time. The Responsible Entity for the Club is Club Holidays Australia Limited, ACN 607 151 655.

As of March 17, 2016, there is only 1 Club Property, which is designated with the symbol "C" on this website.

2Marriott Vacation Club Destinations Exchange Program

Members of the Club also have the opportunity to access Marriott Vacation Club Destinations Exchange Program [operated by Marriott Vacation Club International and its affiliates] (Exchange Company) which provides access to other holidays properties and usage opportunities.

As of March 17, 2016, there are currently 60 resorts, including 1 Club Property resort, with accommodations available for exchange through the Marriott Vacation Club Destinations Exchange Program. Please see the applicable Marriott Vacation Club Destinations Exchange Program documents for more information.

The Marriott Vacation Club Destinations Exchange Program is currently a Club benefit but this may change from time to time. The Club's involvement with the Marriott Vacation Club Destinations Exchange Program depends on the Responsible Entity for the Club continuing its affiliation with the Marriott Vacation Club Destinations Exchange Program.

The Exchange Company's ability to confirm a specific exchange request through the Marriott Vacation Club Destinations Exchange Program is dependent upon the timeshare interests and use periods available or as provided by the provider of accommodations or services. Therefore, Marriott Vacation Club Destinations Exchange Program cannot guarantee specific resort choices, dates of travel, or types or sizes of accommodations. The earlier an exchange is requested, the better the possibility that a specific request may be confirmed.

Benefits made available through Exchange Program

Certain adventure tours, cruises, and events are available through and reservations will be made directly with travel associates of the Exchange Company. Access to tours, cruises and event opportunities and included features are subject to the terms and conditions of these travel associates, and those of the Marriott Vacation Club Destinations Exchange Program documents. Such tours, cruises and events may not be available in the future. Actual experiences will be provided via contractual arrangements with third-party providers and may require the payment of additional fees. The experiences described herein are examples of potential vacation opportunities and are subject to change.

The rate for cruises typically includes accommodations, most meals, activities and entertainment while onboard the ship. Some items, such as beverages and optional specialty dining, are not included and are dependent upon the cruise line you have selected. Other items, such as spa services and shore excursions, are not included. Please see the terms and conditions of the specific cruise for more details. Not every cruise line, cabin or sailing is offered through the Marriott Vacation Club Destinations Exchange Program, and they are subject to change. The number of Club Points required for a particular cruise is based on double occupancy per stateroom. Offers are based on availability. Taxes and port fees are additional and cannot be paid in Club Points. Club Point values for cruises are subject to change without notice. Restrictions may apply.

3Marriott Bonvoy Program

Access to locations through the use of Marriott Bonvoy points is provided via membership in the Marriott Bonvoy program which is established and operated by Marriott International, Inc., and is subject to the Marriott Bonvoy Terms & Conditions and the terms and conditions as outlined in the applicable Marriott Vacation Club Destinations Exchange Program documents or the Marriott Bonvoy program information received by a Member at the time of their purchase. Actual participating resorts and hotels are subject to change. The Marriott Bonvoy program is subject to change and may be discontinued at any time without notice.

4Explorer Collection

Access to the Explorer Collection is made available through the Marriott Vacation Club Destinations Exchange Program and is subject to the terms and conditions as outlined in the applicable Marriott Vacation Club Destinations Exchange Program documents. Actual experiences will be provided via contractual arrangements with third party providers and may require the payment of additional fees. The experiences described herein are examples of potential vacation opportunities and are subject to change.

5Exchange with Interval International

Members of the Club are also currently provided with the opportunity to participate in the exchange program known as Interval International. Interval International is not owned or operated by the Responsible Entity or any of its affiliates and the right of a Member to use Interval International depends on the Exchange Company retaining its affiliation with Interval International.

Access to resorts and services described as part of the Exchange Partner Resorts within the Marriott Vacation Club Destinations Exchange Program are provided via an affiliation with Interval International, Inc. and is subject to Interval International, Inc.'s terms and conditions. Actual participating resorts are subject to change. Participation in Exchange Partner Resorts may require the payment of additional fees.

6The Marriott Vacation Club℠ Resorts is comprised of accommodations owned by the Responsible Entity (or Custodian as its nominee) (“Club Property”) and available for usage through the Club and accommodations that are available for usage through the Marriott Vacation Club Destinations Exchange Program. Please see the applicable Marriott Vacation Club Destinations Exchange Program documents for more information. Club Property is described in the documents provided at the time of sale, and more particularly in the Product Disclosure Statement, which may be revised from time to time. Request for occupancy at a resort with small amounts of property in the Club may be fulfilled primarily through the Marriott Vacation Club Destinations Exchange Program. As of March 17, 2016 there is only 1 Club Property, which is designated with the symbol “C”. As of March 17, 2016, there are currently 60 Marriott Vacation Club Resorts, including the aforementioned 1 Club Property, with accommodations available for exchange through the Marriott Vacation Club Destinations Exchange Program (the other Marriott Vacation Club Resorts are designated with the “E”), or through the Exchange Partner Resorts. Please see the applicable Marriott Vacation Club Destinations Exchange Program documents for more information.

A Member must consult the Reservation Procedures Documents or Exchange Procedures for more details.

No warranty

Marriott International, Inc., Marriott Vacation Club International and their respective affiliates, and subsidiaries, make no warranty, express or implied, as to the condition, capacity, performance or any other aspect of the activities, events, or service providers listed on this website. No inquiry has been made into the activities or events, or the qualifications or the quality of services offered by the providers. Do not consider this an endorsement of or recommendation for any of the activities, events, or providers. Features, furnishings and amenities may be proposed and are subject to change.

Nothing in this website excludes or affects the liability of the Responsible Entity or its representatives which arises under statute or the Constitution in relation to the operation or the promotion of the Club.

Illustrations only

The vacation examples depicted in this website are for illustrative purposes only and should not be considered a guarantee that specific resorts will be available for specific dates. This website may contain drawings or representations of resorts or proposed resorts and we do not guarantee their accuracy. The Club Points necessary to occupy specific resorts on specific dates are not guaranteed and may change from time to time. Please see the applicable Marriott Vacation Club Destinations, Australia Product Disclosure Statement and/or Marriott Vacation Club Destinations Exchange Program documents for more information.

No offer

Nothing in this presentation constitutes an offer in any jurisdiction to any person to whom it would be unlawful to do so.

General advice only

The information contained in this presentation is general information only and does not take into account your objectives, financial situation or needs. You should consider whether becoming a Member is appropriate for you in light of your specific circumstances. You are encouraged to read the Marriott Vacation Club Destinations, Australia Product Disclosure Statement carefully and obtain professional advice before deciding whether to become a Member.

Privacy

We respect the privacy of the information you give us and will only use it in accordance with our privacy policy. A copy of the privacy policy is available on our website at https://www.marriottvacationclub.com/general-information/privacy-policy.shtml or we can provide a copy to you on request.

Price and charges

Information about the price of Club Points is available in the Marriott Vacation Destinations, Australia Public Disclosure Statement and Supplementary Product Disclosure Statement, which may be revised from time to time.

There are other fees and charges which must be paid by Members and there may be additional costs payable by Members who book accommodation and other benefits through the Marriott Vacation Club Destinations Exchange Program. For more information, please see the Marriott Vacation Destinations, Australia Product Disclosure Statement and the Exchange Procedures or Reservation Procedures.

Brand

Marriott Vacation Club International and the programs and products provided under the Marriott Vacation Club brand are not owned, developed, or sold by Marriott International, Inc. Marriott Vacation Club International uses the Marriott marks under license from Marriott International, Inc. and its affiliates.

1. In the event point values are changed, no Club Member will be prevented from using the accommodations in the same manner as was provided for under the original Application.

2. Subject to the limitation in item 1 above, the Points requirements set forth on the Club Points charts contained on www.MarriottVacationClub.com.au/re_documents are subject to change by the Responsible Entity (for Club Property) and by the Program Manager (for property available through the Marriott Vacation Club Destinations Exchange Program) at any time, in accordance with Article III of the Reservation Procedures for Marriott Vacation Club Destinations, Australia program. For the most current Club Points charts, please refer to www.MarriottVacationClub.com.au/re_documents.

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