Table of Contents WEWORK COMPANIES INC. CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN CONVERTIBLE PREFERRED STOCK, NONCONTROLLING INTERESTS AND EQUITY FOR THE SIX MONTHS ENDED JUNE 30, 2019 (UNAUDITED) Convertible Redeemable Preferred Stock Noncontrolling (Amounts in thousands, except share amounts) Shares Amount Interests Balance—December 31, 2018 171,757,571 $ 3,498,696 $ 1,320,637 Issuance of noncontrolling interests — — 3,286 Issuance of stock for services rendered — — — Issuance of stock in connection with acquisitions 1,108,816 92,390 — Net income (loss) — — (218,398) Other comprehensive income (loss), net of tax — — 8,282 Balance—June 30, 2019 172,866,387 $ 3,591,086 $ 1,113,807 WeWork Companies Inc. Shareholders’ Equity (Deficit) Accumulated Common Stock Common Stock Additional Other Class A Class B Paid-In Comprehensive Accumulated Noncontrolling (Amounts in thousands, except share amounts) Shares Amount Shares Amount Capital Income (Loss) Deficit Interests To Balance—December 31, 2018 30,979,421 $ 31 133,660,176 $ 134 $ 797,963 $ 15,511 $ (3,311,285) $ 39,070 $ (2,4 Adoption of ASC 606 (Note 2) — — — — — — 1,701 — Transfer of Common Stock Class B to Class A 6,912,073 7 (6,912,073) (7) — — — Issuance of stock for services rendered 7,588 — — — 9,081 — — 1,889 Stock-based compensation 209,138 — 52,832 — 189,273 — — 422 1 Exercise of stock options 1,335,820 1 1,660,018 2 33,918 — — — Exercise of warrants 187 — — — — — — — Issuance of stock in connection with acquisitions 1,632,071 2 — — 57,907 — — — Issuance of noncontrolling interests — — — — 9,329 — — 234,145 2 Transactions with principal shareholder (see Note 13) — — — — 305,222 — — — 3 Net income (loss) — — — — — — (689,676) 3,422 (6 Other comprehensive income (loss), net of tax — — — — — 2,534 — — Balance—June 30, 2019 41,076,298 $ 41 128,460,953 $ 129 $1,402,693 $ 18,045 $ (3,999,260) $ 278,948 $ (2,2 The accompanying notes are an integral part of these condensed consolidated financial statements. F-71