TravelCenters of America LLC Announces Executive Changes

WESTLAKE, Ohio–(BUSINESS WIRE)–TravelCenters of America LLC (Nasdaq: TA) today announced that Thomas M.
O’Brien, President and Chief Executive Officer has resigned effective
December 31, 2017.

The TA Board has appointed: (i) Andrew J. Rebholz, a 20 year veteran of
TA and currently TA’s Executive Vice President, Chief Financial Officer
and Treasurer, to be TA’s new Chief Executive Officer; (ii) Barry A.
Richards, a 17 year veteran of TA and currently TA’s Executive Vice
President, to be TA’s new President and Chief Operating Officer; and
(iii) William E. Myers, TA’s current Senior Vice President and Chief
Accounting Officer, to be TA’s new Executive Vice President, Chief
Financial Officer and Treasurer.

Commenting upon today’s announcement, Mr. Rebholz said: “I believe I
speak for everyone associated with TA when I say ‘thank you’ to Tom for
the leadership and creative vision that he brought to TA since he was
appointed CEO in 2007. I am excited to take on the leadership of this
dynamic company. I believe TA has become a leader in the travel center
industry by providing a complete package of services to our trucking
company customers, including large parking lots, multiple food options
and driver amenities, a large variety of convenience store goods,
competitively priced fuel and industry leading expertise in truck
maintenance and repair work, which I believe has the ability to
significantly expand. I also expect that we will continue to offer high
quality, value priced goods and services to our existing customers
including in our ‘Minit Mart’ convenience stores and our ‘Quaker Steak &
Lube’ automotive themed restaurants and that we will remain on constant
alert to find ways to serve new customers.”

Mr. Richards added: “During the past few years I have sequentially led
each of the major business lines at TA: TA non-fuel retail operations
including over 800 restaurants and almost 500 convenience stores; TA’s
commercial and retail fuel sales; and, recently, TA’s industry leading
truck maintenance, repair and tire sales and services. I am excited to
realize the potential for each of these businesses and I look forward to
finding more ways to deliver value to our customers.”

Mr. O’Brien said: “It has been an honor to lead TA for almost 11 years.
I am proud to have worked with so many dedicated and knowledgeable
people who have brought TA’s customer service to a level that I do not
believe was previously available, and is not now duplicated, in the
travel center industry. I expect the platform that we together have
created has positioned TA well to address any challenges that the future
may present.”

Mr. O’Brien’s retirement agreement with TA provides that he will remain
an employee of TA to assist with the transition of his duties until June
30, 2018. Thereafter, Mr. O’Brien will be available to assist TA on an
as needed basis.

Mr. O’Brien has also resigned as a Managing Director of TA’s Board of
Directors effective December 31, 2017, and he will be replaced on the
Board by Mr. Adam Portnoy, President and Chief Executive Officer of The
RMR Group Inc. (Nasdaq: RMR). RMR is an alternative asset management
company with approximately $28.5 billion of assets under management as
of September 30, 2017 that provides management services to commercial
real estate companies and related businesses, including TA.

About TravelCenters of America LLC

TA’s nationwide operations includes travel centers located along the
U.S. Interstate Highway System in 43 states and in Canada, stand alone
convenience stores in 11 states and stand alone restaurants in 14
states. TA’s travel centers operate under the brand names “TravelCenters
of America”, “TA”, “Petro Stopping Centers” and “Petro” and offer diesel
and gasoline fueling, full and quick service restaurants, truck
maintenance and repair services, travel/convenience stores and other
goods and services which are designed to provide efficient and
attractive experiences to professional drivers and other motorists. TA’s
convenience stores operate principally under the “Minit Mart” brand name
and offer gasoline fueling as well as non-fuel products and services
such as coffee, groceries, fresh food items and other convenience items.
TA’s stand alone restaurants operate principally under the “Quaker Steak
& Lube” brand name.

WARNING REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN THE
MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND
OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON
CURRENT BELIEFS AND EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS AND
THEIR IMPLICATIONS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR. FOR
EXAMPLE, STATEMENTS MADE BY MESSRS. REBHOLZ, RICHARDS AND O’BRIEN THAT
ARE QUOTED IN THIS PRESS RELEASE MAY IMPLY THAT TA’S FINANCIAL
PERFORMANCE WILL IMPROVE AND INVESTMENTS IN TA’S SECURITIES WILL
INCREASE IN VALUE. IN FACT, TA’S FUTURE FINANCIAL PERFORMANCE MAY NOT
IMPROVE BUT IT MAY DECLINE, AND INVESTING IN TA’S SECURITIES MAY PRODUCE
LOSSES. ANY INVESTMENT IN TA’S SECURITIES IS ALSO SUBJECT TO THE
NUMEROUS RISK FACTORS DESCRIBED IN TA’S PERIODIC REPORTS FILED WITH THE
U.S. SECURITIES AND EXCHANGE COMMISSION, OR THE SEC. TA’S FILINGS WITH
THE SEC CAN BE ACCESSED AT THE SEC’S WEBSITE: WWW.SEC.GOV.

INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD
LOOKING STATEMENTS MADE OR QUOTED BY TA. EXCEPT AS MAY BE REQUIRED BY
LAW, TA DOES NOT UNDERTAKE ANY OBLIGATION TO UPDATE ANY FORWARD LOOKING
STATEMENT AS A RESULT OF CHANGED CIRCUMSTANCES, NEW INFORMATION OR
OTHERWISE.

Contacts

TravelCenters of America LLC
Katie Strohacker, 617-796-8251
Senior
Director, Investor Relations