Sonder Results Presentation Deck
Third Quarter 2021 Summary Results
Q3 2021 Corporate Highlights
Announced additional capital to allow us to pursue our ambitious growth and expansion strategy
yen
Parián, Mexico City
Opened in September 2021
$530M
Total Capital ¹,2
+
Up to $450M SPAC
proceeds
16K+
Units
Total Portfolio³
as of 9/30
De-risked balance sheet with
fully funded plan
-$530M¹,2 of Total Capital following closing +
up to $450M proceeds from SPAC trust
Continued portfolio growth -
on pace to achieve 18K units
by EOY
35% Total Portfolio³ growth since EOY '20
Newly launched & signed properties in Paris,
Mexico City, Dubai and continued expansion in
the U.S
(1) Total Capital following closing includes -$530M of total capital, in addition to $450M proceeds from SPAC trust. (2) $530M of Total Capital following closing includes approximately $200M in the Existing PIPE, approximately $110M in additional PIPE commitments and a signed non-binding term sheet for $220
million of Delayed Draw Notes with existing PIPE investors to be available following the closing of the proposed business combination. (3) Total Portfolio as of 9/30/2021. Sonder defines its Total Portfolio as Live Units plus Contracted Units. This includes any unit that has a signed real estate contract, regardless of
whether or not the unit is available for guests to book. This excludes any units that have been dropped (i.e., the lease was terminated or allowed to expire).
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