WeWork Investor Presentation Deck

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

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