Service Properties Trust (SPT)

Business Partners’ Code of Conduct

We are committed to conducting our business in an ethical manner that promotes the
accomplishment of our goals. We have no employees of our own. All the employees that make
up our workforce are employees of our manager, The RMR Group LLC. We expect the members
of our Board of Trustees, our officers and our manager’s employees to act in accordance with
the highest standards of personal and professional integrity and to comply with all applicable
laws...