Sonder Investor Presentation Deck slide image

Sonder Investor Presentation Deck

Financial Overview We're on a path to achieving sustainable positive free cash flow with a healthy cash cushion and without a need for additional fundraising. Revenue and Free Cash Flow ($M) Revenue $202 Free Cash Flow¹ $ (107) 1H 2022 $259 $ (69) 2H 2022 $278 Q4 2023 based on guidance → $ (68) 1H 2023 I $326 - $336 Implied FY2023 ending total cash balance: $138M $148M² $(55) - $(45) 2H 2023E Our path to sustainable free cash flow positivity is driven by 4 levers: 1. RevPAR growth and improving property-level financial performance 2. Nearly 50% embedded live unit growth 3. Declining overhead costs 4. Declining pre-opening costs SonderThis is a Non-GAAP Financial Measure. Refer to section titled Non-GAAP Reconciliations for the reconciliation of our Non-GAAP Financial Measures to the most directly comparable GAAP Financial Measure. (2) $30M one-time principal payment in Q4 2023, which should not impact FCF as it is part of Cash from Financing, but should impact cash balance. 15
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