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Item 4. Controls and Procedures

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Item 4. Controls and Procedures

Controls and Procedures (Host Hotels & Resorts, Inc.)

Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures pursuant to Exchange Act Rule 13a-15(b) as of the end of the period covered by this report. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that these disclosure controls and procedures are effective.

Changes to Internal Control over Financial Reporting

There have been no changes in our internal control over financial reporting during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Controls and Procedures (Host Hotels & Resorts, L.P.)

Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including Host Inc.’s Chief Executive Officer and Chief Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures pursuant to Exchange Act Rule 13a-15(b) as of the end of the period covered by this report. Based on that evaluation, Host Inc.’s Chief Executive Officer and Chief Financial Officer have concluded that these disclosure controls and procedures are effective.

Changes to Internal Control over Financial Reporting

There have been no changes in our internal control over financial reporting during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

Item 2. Unregistered Sales o****f Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities (Host Hotels & Resorts, Inc.)

On August 3, 2022, the Board of Directors authorized an increase in the amount authorized under the Company’s share repurchase program from the existing $371 remaining available to $1 billion. The common stock may be purchased from time to time depending upon market conditions and repurchases may be made in the open market or through private transactions or by other means, including principal transactions with various financial institutions, accelerated share repurchases, forwards, options and similar transactions, and through one or more trading plans designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The program does not obligate us to repurchase any specific number of shares or any specific dollar amount and may be suspended at any time at our discretion.

PeriodTotal Number of Host Inc. Common Shares PurchasedAverage Price Paid per Common ShareTotal Number of Common Shares Purchased as Part of Publicly Announced Plans or ProgramsApproximate Dollar Value of Common Shares that May Yet Be Purchased Under the Plans or Programs (in millions)
April 1, 2023 – April 30, 2023—$——$923
May 1, 2023 – May 31, 2023———923
June 1, 2023 – June 30, 2023———923
Total—$——$923

Issuer Purchases of Equity Securities (Host Hotels & Resorts, L.P.)

PeriodTotal Number of Host L.P. Common OP Units PurchasedAverage Price Paid per Common OP UnitTotal Number of OP Units Purchased as Part of Publicly Announced Plans or ProgramsApproximate Dollar Value of Units that May Yet Be Purchased Under the Plans or Programs (in millions)
April 1, 2023 – April 30, 20234,953*1.021494 shares of Host Hotels & Resorts, Inc. common stock——
May 1, 2023 – May 31, 202323,691*1.021494 shares of Host Hotels & Resorts, Inc. common stock——
June 1, 2023 – June 30, 2023115,219*1.021494 shares of Host Hotels & Resorts, Inc. common stock——
Total143,863*——
___________

*Reflects common OP units offered for redemption by limited partners in exchange for shares of Host Inc.'s common stock.

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