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Investor Presentation

Key principles 1 We remain committed to our members, our employees, our landlord partners and our investors 2 3 Our unparalleled expansion, global brand, best-in-class product, and unique value proposition have enabled us to secure a first-mover advantage in a growing category, while our business structure is designed and expected to provide resiliency across business cycles We will focus on the core WeWork desk business, prioritize disciplined growth with profitability, and right-size our operations to account for this long-term strategy 4 Our business model has strong underlying economics - our locations generate recurring revenues and consistent cash flows, which we expect will only improve as our portfolio matures and our enterprise offering grows. 5 Our management team has a proven track record of leading membership-based businesses, has worked closely together over the past few years, and is excited to execute on our new strategy LO 5
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