Table of Contents THE OFFERING Shares offered by us in this offering: Class A common stock shares. Option to purchase additional shares of Class A common stock shares. Shares to be outstanding upon completion of this offering: Class A common stock shares (or shares if the underwriters exercise in full their option to purchase additional shares of our Class A common stock). Class B common stock shares. Class C common stock shares. Each holder of partnership interests (including profits interests) in the We Company Partnership (other than the direct and indirect subsidiaries of The We Company) will hold one share of Class C common stock per partnership interest in the We Company Partnership. Shares of Class C common stock have no economic rights. Voting rights: Class A common stock One vote per share, representing, in the aggregate, approximately % of the combined voting power of our capital stock outstanding upon completion of this offering (or % if the underwriters exercise in full their option to purchase additional shares of our Class A common stock). Class B common stock Twenty votes per share, representing, in the aggregate, approximately % of the combined voting power of our capital stock outstanding upon completion of this offering (or % if the underwriters exercise in full their option to purchase additional shares of our Class A common stock). Class C common stock Twenty votes per share, representing, in the aggregate, approximately % of the combined voting power of our capital stock outstanding upon completion of this offering (or % if the underwriters exercise in full their option to purchase additional shares of our Class A common stock). Voting as a single class Holders of our Class A common stock, Class B common stock and Class C common stock vote together as a single class on all matters presented to our stockholders for their vote or approval, except as otherwise set forth in this prospectus or as required by applicable law. Adam Neumann, our Co-Founder and Chief Executive Officer, will hold or have the ability to control approximately % of the total voting power of our outstanding capital stock upon completion of this offering (or approximately % of the total voting power of our outstanding capital stock if the underwriters exercise in full their option to purchase additional shares of our Class A common stock) and will have the ability to control the outcome of matters submitted to our stockholders for approval, including the election of our directors. See “Description of Capital Stock”. Conversion and related rights: Class A common stock Our Class A common stock is not convertible into any other class of shares. Class B common stock Our Class B common stock is convertible into shares of our Class A common stock on a one-for-one basis at the option of the holder. In addition, each share of Class B common stock will convert automatically 18