Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Paired Shares^{F1,F2,F3,F10,F11,F12}	Mar 17, 2017	J	34,900	—	D	3,652,242	I	See Footnotes
Paired Shares^{F1,F2,F4,F10,F11,F12}	Mar 17, 2017	J	35,362	—	D	3,700,632	I	See Footnotes
Paired Shares^{F1,F2,F5,F10,F11,F12}	Mar 17, 2017	J	11,795	—	D	1,234,232	I	See Footnotes
Paired Shares^{F1,F2,F6,F10,F11,F12}	Mar 17, 2017	J	274	—	D	24,888	I	See Footnotes
Paired Shares^{F1,F2,F7,F10,F11,F12}	Mar 17, 2017	J	42,683	—	D	3,849,533	I	See Footnotes
Paired Shares^{F2,F8,F10,F11,F12}	holding	—	—		—	2,348,943	I	See Footnotes
Paired Shares^{F2,F9,F10,F11,F12}	holding	—	—		—	5,049,488	I	See Footnotes

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B Common Stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit. A Form 4 reflecting the holdings of Paired Shares by the Reporting Persons shown on this Form 4 has been concurrently filed with respect to ESH Hospitality, Inc. as issuer.
F10The general partner of each of the Partnerships, Blackstone Real Estate Partners VI.TE.1-ESH L.P. and Blackstone Real Estate Partners VI.TE.2-ESH L.P. is Blackstone Real Estate Associates VI-ESH L.P. The general partner of Blackstone Real Estate Associates VI-ESH L.P. is BREA VI-ESH L.L.C. The managing member of BREA VI-ESH L.L.C. is Blackstone Holdings III L.P. The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The managing member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
F11Each of such Blackstone entities (other than the Partnerships, Blackstone Real Estate Partners VI.TE.1-ESH L.P. and Blackstone Real Estate Partners VI.TE.2-ESH L.P. to the extent of their direct holdings) and Mr. Schwarzman may be deemed to beneficially own the Paired Shares beneficially owned by the Partnerships, Blackstone Real Estate Partners VI.TE.1-ESH L.P. and Blackstone Real Estate Partners VI.TE.2-ESH L.P. directly or indirectly controlled by it or him, but each disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
F12Due to the limitations of the Securities and Exchange Commission's EDGAR system, certain Reporting Persons have filed a separate Form 4.
F2Represents a distribution of Paired Shares previously held directly by Blackstone Real Estate Partners VI.A-ESH L.P., Blackstone Real Estate Partners VI.B-ESH L.P., Blackstone Real Estate Partners VI.C-ESH L.P., Blackstone Real Estate Partners (AIV) VI-ESH L.P. and Blackstone Real Estate Partners VI.F-ESH L.P. (collectively, the "Partnerships"), as applicable, to members of BREA VI-ESH L.L.C. in respect of their indirect interests in such Partnerships. Each Partnership distributed the shares reported in this Form 4 to Blackstone Real Estate Associates VI-ESH L.P., its general partner, who distributed such shares to BREA VI-ESH L.L.C., its general partner, who distributed such shares to Stephen A. Schwarzman and other members. The shares distributed to Mr. Schwarzman were beneficially owned indirectly by him prior to such distribution.
F3These Paired Shares are directly held by Blackstone Real Estate Partners VI.A-ESH L.P.
F4These Paired Shares are directly held by Blackstone Real Estate Partners VI.B-ESH L.P.
F5These Paired Shares are directly held by Blackstone Real Estate Partners VI.C-ESH L.P.
F6These Paired Shares are directly held by Blackstone Real Estate Partners (AIV) VI-ESH L.P.
F7These Paired Shares are directly held by Blackstone Real Estate Partners VI.F-ESH L.P.
F8These Paired Shares are directly held by Blackstone Real Estate Partners VI.TE.1-ESH L.P.
F9These Paired Shares are directly held by Blackstone Real Estate Partners VI.TE.2-ESH L.P.