EXECUTIVE SUMMARY: PELOTON’S PERFORMANCE HAS BEEN ABYSMAL Peloton’s 2021 total shareholder return of -76% was the worst of any company in the Nasdaq 300 Index 2021 Total Shareholder Return of Nasdaq 300 Companies -76% -100% -50% 0% 50% 100% 150% 200% Source: FactSet. Calendar year 2021 7