Investor Presentation

Continued improvement in operations As of December 31, 2022, 68 out of 99 consolidated markets were over 70% physical occupancy, with average physical occupancy of 81% and building margin of 22%. Number of Markets Q1 2022 Q2 2022 Q3 2022 Q4 2022 11 8 6 5 43 34 34 26 19 17 21 21 20 28 38 38 48 Consolidated Total (Q4) # of Markets: 99 Workstation Capacity: 731k Occupancy: 75% Building Margin: 17% Physical Occupancy 0% - 50% Workstations (Q4) % of Capacity (Q4) 22k 3% % of Revenue (Q4) 2% Building Margin (%, Q4) Largest Markets by Workstations (Q4) (26%) Silicon Valley, San José (Costa Rica), Minneapolis, Salt Lake City 50% - 70% 70% - 80% 80%-100% 222k 172k 315k 30% 24% 43% 23% 26% 49% 6% 9% 29% New York, Sydney, Atlanta, Seattle, Austin London, São Paulo, Paris, Seoul, San Francisco Tokyo, Mexico City, Washington D.C., Los Angeles, Boston Note: See "Terms and Definitions" page for definition of Building Margin. See "GAAP to non-GAAP Reconciliations" page for a reconciliation of Building Margin to its most comparable GAAP metric. 18 wework © 2023 WeWork

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