Investor Presentation

Record desk adds drove dip in occupancy in Q3'19 Building Occupancy (1) -Mature (2) -Total Total Memberships ■WeWork Memberships On Demand Non-Mature 91% 91% 89% 89% 89% 90% 88% 89% +88% YoY 580K 88% 88% 87% 42K 85% 85% 83% 82% 82% 83% 83% 446K 503K 31K 81% 81% 387K 29K 80% 80% 80% 80% 80% 30K 78% 78% 78% 310K 78% 76% 22K 75% 73% 539K 472K 416K 357K 287K 69% I 2017 Avg. 2018 Avg. I Occ: 78% I Occ: 84% YTD 2019 Avg. Occ: 81% 3Q '18 4Q '18 1Q '19 2Q '19 3Q '19 Occupancy (1) 85% 80% 81% 83% 80% 1Q '17 2Q '17 3Q '17 4Q '17 1Q '18 2Q '18 3Q '18 4Q '18 1Q '19 2Q '19 3Q '19 Desks 22K 25K 22K 32K 34K 48K 49K 105K 70K 55K 108K Added A Mature Location Occupancy (2) 90% 88% 88% 89% 87% (1) Note: Figures exclude IndiaCo locations. Components may not add due to rounding. Occupancy reflects total physical memberships divided by total desks. (2) Represents occupancy at locations that have been open for greater than 24 months 28

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