2 THE BOARD NEEDS TO BE REFRESHED Through all election cycles as a public company, ISS has not recommended voting for ANY directors Director ISS Director ISS Recommendation Recommendation Jon Callaghan WITHHOLD Erik Blachford WITHHOLD Independent Director Independent Director Jay Hoag WITHHOLD Howard Draft WITHHOLD Independent Director Ex-Independent Director Pamela Thomas-Graham WITHHOLD Independent Director Source: ISS Report, Peloton Interactive, Inc., November 20, 2020 and November 23, 2021 48
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