Sonder Results Presentation Deck

Appendix Property Level Profit (Loss) Quarterly Non-GAAP Reconciliation GAAP to Non-GAAP Bridges ($ in 000s) Loss from operations Operations & Support, General & Administrative, Research & Development and Sales & Marketing Property Level Costs Property Level Profit (Loss) memo: GAAP rent to Landlord Payments adjustment Revenue Q1 2020 $(71,229) (-) Property Level Costs = Property Level Profit $66,184 $(14,423) $(19,468) Prior PLP (PLL) Methodology $1,267 (-) Non-GAAP Cost of Revenue: (includes benefit of upfront rent abatement) Landlord Payments Cleaning Credit Card Fees Q2 2020 $(54,265) $(52,197) $44,719 Q3 2020 $(16,935) $54,160 $(7,389) $(9,034) $(7,071) $3,765 $(5,693) Q4 2020 $(66,131) $57,442 Q1 2021 $(71,049) $5,577 $63,402 Q2 2021 $(64,934) $3,811 $(19,104) $(19,160) $(12,836) $68,458 Updated PLP (PLL) Methodology $(10,415) $(11,513) $(16,360) $(19,433) $3,188 Q3 2021 Revenue (-) GAAP Cost of Revenue: (rent abatement & capex allowance amortized over term of lease) GAAP Rent Cleaning Credit Card Fees (-) Property Level Costs = Property Level Profit $(55,401) $70,453 $(4,381) $5,706 Note: All references to Property Level Profit (Loss) (PLP or PLL) in this document are based on our revised methodology as of September 2021. Property Level Profit (Loss) (PLP or PLL) methodology prior to September 2021 utilized Non-GAAP rent (which accounted for the benefit of rent abatement in the period in which it was received). Property Level Profit (Loss) (PLP or PLL) now utilizes GAAP rent, which amortizes the benefit of both rent abatement and benefit of Capex Allowance over the term of the lease. Property Level Profit (Loss) (PLP or PLL) is now defined as loss from operations after adding back corporate-level expenses less Property Level Costs. Property Level Costs (PLC) are costs directly associated with guest-facing functions in each of Sonder's buildings. These costs include (i) channel fees paid to Online Travel Agencies (OTAS), (ii) customer service costs, (ii) laundry/consumables costs, (iv) maintenance costs, and (v) utilities & insurance costs. 13

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