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Investor Presentation

Introduction & overview Financial results Strategy & outlook Conclusions Appendices Introduction & overview Q2 financial results . • Continued progression in Q2 with revenue up +43% vs 2021 & +8% vs 2019 Adj EBITDA of £26m in the quarter . • Run-rate Adj EBITDA continues its upward trajectory, reaching £114m in Q2 Opened 9 new gyms in Q2, totalling 18 for H1 with a further 5 as of today Excellent liquidity position with £285m of cash & £430m of total accessible funds¹ Outlook • Recovery continues, but consumer confidence, hot weather & strike disruption are not making it easy • We are deploying increased effort, resources & focus on cost management to compliment continued strong focus on revenue management Investment programme is ramping up - Refurbishment is increasing across the owned estate notably in Denmark Expect to open 50+ sites this year across the group (corporate owned & franchise) Building the capability to double that opening and refurbishment rate next year Remaining cautiously positive about the future, despite obvious economic challenges that lie ahead Notes: (1) Includes £30 million cash held by parent, Pinnacle Topco Limited QPUREG PUREGYM Investor Presentation 25 August 2022 3
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