Apple Hospitality REIT, Inc. announced that on October 9, 2014, James Barden, Kent Colton, Michael Waters and Robert Wily each notified the company of his respective intention to retire from the Board of Directors of the company effective January 1, 2015. Barden, Colton, Waters and Wily did not resign pursuant to any disagreement with the company. At the time of their respective resignations, Mr. Barden was a member of the Audit Committee and Compensation Committee; Mr. Colton was a member of the Audit Committee and Nominating and Corporate Governance Committee; Mr. Waters was a member and Chair of the Audit Committee; and Mr. Wily was a member of the Executive Committee, Governance Committee and Compensation Committee.

On October 9, 2014, the Board, with the recommendation of the Governance Committee, appointed Jon Fosheim, L. Hugh Redd, Daryl Nickel and Justin Knight to the Board to fill the vacancies created by the retirement of Barden, Colton, Waters and Wily. The appointment of Fosheim, Redd, Nickel and Knight to the Board will be effective as of January 1, 2015. Additionally, the Board approved the appointment of Fosheim, Nickel, Redd and Knight to the following committees of the Board, also effective as of January 1, 2015: Jon Fosheim: Audit Committee and Governance Committee; L. Hugh Redd: Audit Committee (as Chair) and Compensation Committee; Daryl Nickel: Executive Committee, Governance Committee and Compensation Committee; and Justin Knight: Executive Committee.

Additional information about Fosheim, Redd, Nickel and Knight is provided below: Jon A. Fosheim. Jon Fosheim, 63, was the Chief Executive Officer of Oak Hill REIT Management, LLC from 2005 until he retired in 2011. L. Hugh Redd.

L. Hugh Redd, 57, was the Senior Vice President and Chief Financial Officer of General Dynamics Corporation until December 31, 2013. Daryl Nickel. Daryl Nickel, completed a 22-year career at Marriott International, Inc. in 2009.

He served as a corporate officer of Marriott International from 1998 until his retirement and as Executive Vice President, Lodging Development, Select Service and Extended Brands, since 2001. Justin Knight. Justin Knight, has served as President of the Company since its inception and was appointed Chief Executive Officer of the company in May 2014.