Investor Presentation

Enterprise continues to drive significant revenue backlog Enterprise Memberships (1) Total Enterprise Memberships % of Total Memberships 43% 41% 40% 38% 34% 30% 28% 28% 25% Committed Revenue Backlog(2) 264K 214K 191K 154K 109K 81K 39K 51K 62K 3Q '17 4Q '17 1Q '18 2Q '18 3Q '18 4Q '18 Average New Commitment Length (in months) 1Q '19 2Q '19 3Q '19 23 20 20 17 14 10 14 9 1 7 2016 2017 2018 Non-Enterprise ⚫Enterprise Q3 '19 E Total $0.5B $4.0B $3.5B 9x increase $2.6B +$4.3B $0.1B 4Q '16 1Q '17 2Q '17 3Q '17 4Q '17 1Q '18 2Q '18 3Q '18 4Q '18 1Q '19 2Q '19 3Q '19E (1) (2) Note: KPIs displayed as first day of last month in a given period. Q3'19E financials and metrics are preliminary and subject to change. See "Disclaimer" for additional information. Enterprise Memberships are defined as organizations who have +500 full time employees globally. Enterprise membership percentage represents total enterprise memberships divided by total memberships Committed revenue backlog for a particular calendar quarter represents total contractual value, inclusive of discounts, of new reservations for desks entered into during that quarter that members will occupy in future months as well as remaining contractual value on prior commitments. For month-to-month commitments, the relevant commitment period used for calculating backlog is one month. Although backlog reflects reservations that are considered to be firm, cancellations, deferrals or scope adjustments may occur and may not be reflected until later periods 24

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