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Investor Presentation

Building Margin and Occupancy US$ millions 75% 71% 70% 67% 63% Consolidated Physical 56% 50% Occupancy 47% 45% Building Margin ($, millions) ($103) ($9) $144 $105 $86 $34 ($183) ($192) ($209) Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 % Building Margin (30%) (36%) (34%) (16%) (1%) 5% 11% 13% 17% Note: See "Terms and Definitions" page for definition of Building Margin. See "GAAP to non-GAAP Reconciliations" page for a reconciliation of Building Margin to its most comparable GAAP metric. 19 wework © 2023 WeWork
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