Blackwells Capital Activist Presentation Deck

BW BW BLACKWELLS CAPITAL Two months since Peloton hired one of the highest paid CEOs in all of corporate America, nothing has fundamentally changed. BLACKWELLS CAPITAL Peloton's powerful brand, proprietary technology, engaging instructors, and fiercely loyal subscriber base can be shaped into a much more attractive business. But this cannot happen effectively in the public markets, especially with the current leadership in place. 4

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