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Sonder Results Presentation Deck

Third Quarter 2021 Summary Results Robust travel demand has helped drive continued growth in ADRs, while occupancy rates have stabilized near ~70%, yielding 26% QOQ RevPAR growth in Q3'21 Quarterly ADR ($) and Occupancy Rate (%) Quarterly RevPAR ($) (ADR x Occupancy) ADR YOY ADR QoQ $156 63% Q1'20 2% (13)% 57% $83 Q2'20 (58)% 74% $103 Q3'20 (46)% 24% 68% $109 Q4'20 (39)% 6% 66% $115 Q1'21 (26)% 6% 68% $147 Q2'21 77% 28% $184 68% Q3'21 79% 25% $98 Q1'20 Bookable Nights 428,435 Bookable Nights QoQ $47 23% Q2'20 399,698 $77 Q3'20 345,989 $74 Q4'20 384,657 $77 11% Q1'21 411,387 62% of Q2'19 RevPAR (47)% (7)% (13)% Note: Occupancy Rate (OR) is defined as Occupied Nights divided by Bookable Nights, expressed as a percentage, and represents the percentage of occupied nights out of the total available nights. Occupied Nights represent the total number of nights occupied across all Live Units. Bookable Nights represent the total number of nights available for stays across all Live Units. This excludes nights lost to full building closures greater than 30 nights. Average Daily Rate (ADR) is defined as Revenue divided by Occupied Nights, expressed in U.S. dollars, and represents the average revenue earned per night occupied. 7% $100 Q2'21 473,393 83% of Q3'19 RevPAR 15% $126 Q3'21 535,603 13% 7
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