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WeWork Investor Presentation Deck

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 Physical Occupancy Workstations (Q4) % of Capacity (Q4) % of Revenue (Q4) Building Margin (%, Q4) Largest Markets by Workstations (Q4) 11 8 65 0% - 50% 22k 3% 2% (26%) Silicon Valley, San José (Costa Rica), Minneapolis, Salt Lake City 43 34 34 50% - 70% 222k 30% 23% 6% 26 Tokyo, Mexico City, Washington D.C., Los Angeles, Boston 17 19 21 70% - 80% 172k 24% 26% 9% 20 New York, Sydney, Atlanta, Seattle, Austin 28 38 38 80% - 100% 315k 43% 49% 29% London, São Paulo, Paris, Seoul, San Francisco 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 48 Consolidated Total (Q4) # of Markets: 99 Workstation Capacity: 731k Occupancy: 75% Building Margin: 17% wework © 2023 WeWork
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