Apple Hospitality REIT Company Culture

Mr. Justin G. Knight serves as the President of Apple REIT Ten, Inc., Apple Suites, Inc. and Apple Nine Hospitality Ownership, Inc. Mr. Knight serves as the Chief Operating Officer and Senior Vice President of Acquisitions at Apple REIT Nine, Inc. He has been the Chief Executive Officer at Apple Hospitality REIT, Inc. since May 15, 2014 and serves as its President. He served as President of Apple REIT Seven, Inc. and Apple REIT Eight, Inc. until the mergers were completed in March 2014. He also served as President of Apple Hospitality Two, Inc. until it was sold to an affiliate of ING Clarion in May 2007, as President of Apple Hospitality Five, Inc. until it was sold to Inland American Real Estate Trust, Inc. in October 2007 and as President of Apple REIT Six, Inc. until it merged with an affiliate of Blackstone Real Estate Partners VII in May 2013. He serves as a Director at Apple Hospitality REIT, Inc. Mr. Knight joined the Apple REIT companies in 2000. He currently serves on the Board of Trustees for Southern Virginia University in Buena Vista, Virginia. Mr. Knight serves on the Marriott Owners Advisory Council, the Residence Inn Association Board, the American Hotel and Lodging Association Board of Directors and is the Co-chair of the American Hotel and Lodging Association Owners Council. He is also member of the national advisory council for the Marriott School. Mr. Knight is a board member for the Valentine Museum, Venture Richmond and St. Michael's Episcopal School. He holds a Master of Business Administration degree with an emphasis in Corporate Strategy and Finance from the Marriott School at Brigham Young University, Provo, Utah. Mr. Knight also holds a Bachelor of Arts degree, Cum Laude, in Political Science from Brigham Young University, Provo, Utah.

Mr. Bryan F. Peery, CPA, serves as the Chief Financial Officer and Executive Vice President at Apple REIT Ten, Inc. and Apple Hospitality REIT, Inc. Mr. Peery serves as Senior Vice President, Chief Financial Officer, Principal Accounting Officer and Treasurer at Apple REIT Seven Inc. He serves as Chief Accounting Officer of Apple Suites, Inc. Mr. Peery served as Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Treasurer of Apple REIT Eight, Inc and Apple REIT Six Inc. He served as Senior Vice President and Treasurer for Apple Hospitality Two Inc. and Apple Hospitality Five Inc. Mr. Peery served as Chief Financial Officer of Apple Hospitality Five Inc., since May 12, 2005. Prior to his service with these companies, he served as President from 2000 to 2003, Vice President of Finance from 1998 to 2000 and Controller from 1997 to 1998, of This End Up Furniture Company. Mr. Peery was with Owens & Minor, Inc. from 1991 until 1997, where he last served as Director and Assistant Controller-Financial Reporting. His experience also includes five years of service with KPMG LLP. Mr. Peery is an active member of the American Institute of Certified Public Accountants. He is a Certified Public Accountant. Mr. Peery holds a Bachelor of Business Administration degree in Accounting from the College of William and Mary, Williamsburg, Virginia.