WeWork Investor Presentation Deck

Quarterly Financial Results US$ millions Membership & Services Revenue Other Revenue Total Revenue Location Operating Expenses Pre-Opening Expenses SG&A (1) Adj. EBITDA Building Margin & Physical Membership ARPM Membership & Services Revenue Less: Unconsolidated Management Fee Revenue Adj. Membership & Services Revenue (A) Less: All Access & On Demand Revenue Physical Membership Revenue (B) Location Operating Expenses Less: Indirect Location Operating Expenses Adj. Location Operating Expenses (C) Building Margin (A - C) % Building Margin Average Physical Memberships (D) Physical Membership Monthly ARPM (B / D) ARPM at Company's Budget FX Rate 1. SG&A exclusive of stock-based compensation and other expenses excluded from Adjusted EBITDA 24 Q2'20 759 55 $814 (794) (74) (343) ($397) Q2'20 759 1 $758 $758 (794) (34) ($760) ($2) 0% 507k $499 Q3'20 665 76 $741 (836) (60) (338) ($492) Q3'20 665 1 $665 $665 (836) (28) ($808) ($144) (22%) 439k $505 Q4'20 612 54 $666 (813) (46) (279) ($472) Q4'20 612 3 $609 $609 (813) (21) ($792) ($183) (30%) 397k $512 Q1'21 579 19 $598 (809) (33) (201) ($446) Q1'21 579 4 $575 9 $567 (809) (25) ($784) ($209) (36%) 378k $500 Q2'21 565 28 $593 (780) (43) (219) ($449) Q2'21 565 1 $564 13 $551 (780) (24) ($756) ($192) (34%) 381k $482 Q3'21 627 34 $661 (752) (40) (225) ($356) Q3'21 627 2 $625 20 $605 (752) (24) ($728) ($103) (16%) 416k $485 Q4'21 696 21 $718 (729) (42) (230) ($283) Q4'21 696 2 $694 29 $665 (729) (26) ($703) ($9) (1%) 458k $484 Q1'22 747 18 $765 (734) (47) (196) ($212) Q1'22 747 3 $744 36 $708 (734) (24) ($710) $34 5% 488k $484 Q2'22 801 14 $815 (734) (38) (177) ($134) Q2'22 801 5 $796 45 $751 (734) (24) ($710) $86 11% 521k $481 $497 wework Ⓒ2022 WeWork

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