PELOTON’S STOCK HAS PERFORMED POORLY Peloton One-Year Stock Price Performance $160.00 $140.00 $120.00 $100.00 -84% $80.00 $60.00 $40.00 IPO Price $29.00 $20.00 $0.00 Feb-21 May-21 Aug-21 Nov-21 Source: FactSet. Note: Data as of February 4, 2022. 19