Sonder Investor Presentation Deck

Financial Overview Overhead & CapEx Initiatives Reduced corporate headcount by 21% in June 2022, and a further 14% in March 2023. Reducing non-headcount overhead through zero-based budgeting with savings materializing as we renegotiate contracts as they expire. Containing growth investments via lower inventory and opening capex. Sonder Overhead' declined 19% y/y, despite 30% y/y revenue growth. Non-Property Level Operating Expenses² and CapEx ($M) Non-Property Level Operating Expenses² $12 $61 Q1'22 $7 $60 Q2'22 $8 $59 Q3 '22 CapEx $5 $57 Q4 '22 $7 $49 Q1 '23 $2 $49 Q2 '23 (1) Non-property level operating expenses. (2) This is a Non-GAAP Financial Measure. Refer to section titled Non-GAAP Reconciliations for the reconciliation of our Non-GAAP Financial Measures to the most directly comparable GAAP Financial Measure. Non-Property Level Operating Expenses also includes pre-opening costs. 20

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