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  "documentTitle": "Summit Hotel Properties | Investor Presentation Deck | 32 slides",
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  "authorName": "Summit Hotel Properties",
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  "presentationDate": "2024-09-01 00:00:00",
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      "text": "SUMMIT HOTEL PROPERTIES",
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      "text": "Governance & Resilience Goals\nContinued compliance with all ethics and corporate governance requirements in 2023.\nMeet common industry stakeholders rights in 2023.\nFurther enhance policies to meet new SEC guidelines in 2023.\nConduct property risk assessments annually to ensure proper maintenance and safety.\nEvaluate additional investments in on-site battery storage systems for lodging properties located in areas with high environmental risk for increased resiliency in 2023-2024 program year.",
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      "text": "Environmental Stewardship Goals\nContinue to improve our building efficiencies by increasing the number of properties in our portfolio with guestroom automation systems by 35% over the prior year.\nIncrease our number of green certified lodging properties by 10% over 2022.\nEvaluate additional investments in clean energy, including on-site solar.\nContinue the transition to clean energy by further increasing the number of properties in our portfolio with electric vehicle supply equipment by 25% over the prior year.\nPilot a decommissioning project for recycling and upcycling hard and soft goods during renovations.\nDevelop a standard operating procedure for recycling and upcycling waste during renovations.\nTransition newly acquired properties to keyless entry and provide employee safety devices to each property within a year.",
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      "text": "Social Responsibility Goals\nContribute over $150,000 and 250 hours of volunteer service to support our local communities in 2023.\nSupport our community partner, Partnerships for Children, by building custom storage for their KING mentoring program musical instruments in 2023.\nHost a Holistic Health & Wellness Week to promote employee health & well-being, including social, physical, nutrition, financial and mental wellness segments in 2023.\nComplete biophilic and inclusive design upgrades to our corporate offices, including a wellness room in 2023.\nProvide at least 100 hours of increased development opportunities for underrepresented groups to promote their growth and scope of responsibility in 2023.\nComplete over 150 hours of human rights training, including harassment and human trafficking awareness and prevention training in 2023.",
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      "text": "About Our Program\nWe established our ESG program in 2018 with the purpose of creating long-term value for our stakeholders by investing responsibility in our business, environment, people and communities. Our program aligns with GRI & TCFD frameworks to better identify ESG indictors that are material to our business. In 2021, we set performance reduction targets in alignment with the Greenhouse Gas Protocol (\"GHG Protocol\"), which supplies the world's most widely used greenhouse has standards. Our ESG program and reporting are overseen by our Board of Directors and senior management and a component of executive compensation is tied to the progress of our ESG program.",
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      "text": "Note: Please see the Responsibility section of the Company's website for more information.",
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