Bluegreen Vacations Holding Corporation (NYSE:BVH) (OTCQX:BVHBB) (the "Company") announced today that its Board of Directors has expanded the Company's share repurchase program by authorizing the repurchase of an additional $50 million of shares of the Company's Class A and Class B Common Stock.

On August 9, 2021, the Company announced that its Board of Directors had approved a share repurchase program which authorized the Company, in management's discretion, to repurchase shares from time to time, subject to market conditions and other factors considered by management, for an aggregate purchase price of up to $40 million. Since the inception of this share repurchase program, the Company has repurchased approximately 1.2 million shares of its Class A Common Stock and approximately 19,000 shares of its Class B Common Stock for an aggregate purchase price of approximately $27.3 million. Based on the Board's expansion of the program, approximately $62.7 million will be available for repurchasing shares in the future.

The timing, price, and number of shares repurchased under the program in the future will be based on market conditions, applicable securities laws, and other factors considered by management. Share repurchases under the program may be made through solicited or unsolicited transactions in the open market or in privately negotiated transactions. The share repurchase program does not obligate the Company to repurchase any specific amount of shares and may be suspended, modified, or terminated at any time without prior notice.

About the Company: Bluegreen Vacations Holding Corporation (NYSE:BVH, OTCQX:BVHBB) is a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with 68 Club and Club Associate Resorts and access to nearly 11,300 other hotels and resorts through partnerships and exchange networks. The Company, through Bluegreen Vacations Corporation, also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services to, or on behalf of, third parties.

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Bluegreen Vacations Holding Corporation: www.BVHCorp.com

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