WeWork Investor Day Presentation Deck

Right company, right time WeWork has overhauled its business operations and cost structure, right-sized its real estate portfolio and refined its value proposition 1. 2. Streamlined Operations and Expenses Optimized location operating expenses by $400M on a per square foot basis(1) Cut SG&A expenses by $1.1B on an annualized, run-rate basis(1) Divested all non-core businesses As of Q2 2021 as compared to Q4 2019. As of 9/30/21. Preliminary and subject to change. Optimized Portfolio _ Over 150 full lease exits and 350 lease amendments from the beginning of 2020 through Q2 2021 _Achieved an estimated $400M in annualized rent savings as a result of our portfolio optimization efforts to date _Executed franchise and other management agreements in China, Israel and Latin America where local capital and expertise can strengthen WeWork's international business Strengthened Value Proposition _ Outsized growth vs commercial office market Sequential growth in occupancy and revenue since April 2021 show continued momentum All Access memberships reached 32,000 (2) as Enterprise clients and SMBs alike continue strong adoption _ Launching technology platform for operators and occupiers to manage their space, becoming a true end-to-end solution for modern workplace needs 9 wework Ⓒ2021 WeWork. Confidential.

View entire presentation