Blackwells Capital Activist Presentation Deck slide image

Blackwells Capital Activist Presentation Deck

■ Peloton's access to proprietary data can be utilized to accurately determine market-driven and demographic- based pricing models and help determine the optimal portfolio of Peloton product/service offerings ■ ■ D ■ "BIG DATA" DRIVEN: OPTIMIZE PRICING AND PRODUCT OFFERING Management at Peloton has seemingly been far behind the curve in utilizing data for pricing and product optimization Blackwells' market research indicates that Peloton could raise subscription prices substantially Nearly 80% of existing Peloton owners surveyed indicated that they would continue paying their Connected Fitness subscription no matter the price Of those that indicated price sensitivity, the average price at which they would consider canceling was 33% higher than the current Connected Fitness subscription price BW BLACKWELLS CAPITAL "We love the $39 price point. We did no research on it. I picked the number..." - John Foley What is the most you would be willing to pay for a subscription? I would continue paying no matter what the price is 79% 15% If you would cancel at a specific price, what is the most you would be willing to pay for a subscription? نان $30-$39 Source: Bespoke Market Intelligence April 2022 and December 2021 Peloton Surveys. (1) Source: CEO John Foley at Barclays Global Technology, Media, and Communications Investor Conference, December 11, 2019. 46% $40-$49 28% $50-$59 3% $60-$69 I would cancel at a specific price point 21% 2% $70-$79 1% $80-$89 Average: $52 5% $100+ 46
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