Table of Contents Other Senior Leadership Our global leaders are supported by an experienced senior leadership team that has a proven track record of leading successful tech-enabled services businesses in areas such as operations, product development, design and technology. Local Leadership Teams Each of our regions is supported by a team of mission-driven local leaders. Our regional managers oversee our business operations and community in each region. These regional managers are in turn supported by a team of general managers that oversee territories within these regions. Within these territories, each location is supported by a core community team that is integral to developing and maintaining the distinct personality and culture within that location. Each of these community teams is led by a community manager, who is supported by a group of community leads and community associates. We believe our local community teams, led by our community managers, are the heart and soul of our global platform. Charitable Commitments of our Co-Founders and Other Senior Leaders In connection with this offering, our co-founders and senior leaders are dedicating additional resources to amplify the positive global impact of our organization. This effort is designed to enable us to scale our social and global impact as the Company grows. • Rebekah and Adam Neumann have pledged $1 billion to fund charitable causes. To fulfill this pledge, Rebekah and Adam will contribute cash and equity to charitable causes within the 10 years following this offering. Their first contribution aids in the conservation of over 20 million acres of intact tropical forest, including the region pictured on the final page of this prospectus. • Miguel McKelvey has pledged 50% of the value of his equity to fund causes aligned with our mission. • Each of our named executive officers has pledged to donate to charity the equivalent of 10% of proceeds from sales of their equity. • Each of our senior leaders who received option awards and profits interests as described under “Executive Compensation—Incentivizing Our Leadership Team” has indicated their intent to donate to charity 10% of the proceeds from sales of such equity. Election of Executive Officers Each of our executive officers serves at the discretion of our board of directors and holds office until his or her successor is duly appointed and qualified or until his or her earlier resignation or removal. There are no family relationships among any of our directors or executive officers. Code of Business Conduct and Ethics We have adopted a written code of business conduct and ethics that applies to our directors, officers and employees, including our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. We have posted a current copy of the code on our website at www.we.co. In addition, we intend to post on our website all disclosures that are required by law or the listing standards concerning any amendments to, or waivers from, any provision of the code. Information contained on, or accessible through, our website is not a part of this prospectus, and the inclusion of our website address in this prospectus is an inactive textual reference. Non-employee Directors In addition to Adam Neumann, our board of directors includes six non-employee directors. The following sets forth certain information relating to these directors as of June 30, 2019. Several of our directors were designated by certain of our stockholders. Bruce Dunlevie was designated to serve on our board of directors by Benchmark, John Zhao was designated to serve on our board of directors by Hony Capital and Ron Fisher was designated to serve on our board of directors by Softbank Vision Fund L.P., in each case in accordance with the stockholders’ agreement described in “Certain Relationships and Related Party Transactions—Stockholders’ Agreement”. The stockholders’ agreement terminates automatically in accordance with its terms immediately prior to the completion of this offering. 173