Table of Contents Below are some examples of early platform successes: Insurance. We entered into a partnership with a major global professional employer organization to enable our member companies to obtain convenient and affordable health insurance for their employees and a range of human resources solutions to help simplify the complexity of running a small business. To date, more than 2,600 members have signed up to receive insurance and human resources solutions for more than 15,000 of their employees globally. This is a win-win partnership: we have helped our members scale and support their employees, we have connected valuable customers to a major global insurance provider, and we have created a new higher-margin revenue stream for our platform. Education. We acquired Flatiron School, a software programming education platform, in October 2017 because we believe in the empowerment of a modern workforce and that our global platform could fuel its growth. Since operating under The We Company umbrella, Flatiron School has expanded from offering one course at one location in New York to offering courses on software engineering, data science and UI/UX design at nine campuses across the United States and London. This expansion, made possible in part due to our expertise in building out space quickly, allowed us to increase revenues from Flatiron School locations by over 1,000% from October 2017 to March 2019. In addition, Flatiron School has been able to leverage our relationships with universities to develop partnerships that benefit the university students, while also providing Flatiron School graduates access to employment opportunities with our members. This is a win-win acquisition: we have provided access to skills training to thousands of students, we have accelerated Flatiron School’s expansion and we have created a new higher-margin revenue stream for our platform. Technology. We entered into a partnership with Sentant Networks in November of 2017. Founded in San Francisco in 2015, Sentant specializes in supporting fast-growing businesses that require flexible, reliable cloud-first technology solutions. Our members rely on technology not only to perform their core job functions, but also to support employee productivity, communication and collaboration. By partnering with Sentant to deliver agile technology solutions, such as infrastructure security, our members are able to mitigate risk to their businesses and focus on what matters most to their customers. This is a win-win partnership: we have connected numerous members to mission critical IT services to keep their business running smoothly, we have helped a small business reach new customers and we have generated a new higher-margin revenue stream for our platform. Lifestyle. We entered into a partnership with Rent the Runway because we believe in making our members’ lives easier and that our global platform could become Rent the Runway’s physical retail outpost. Rent the Runway is a subscription fashion service that allows users to rent unlimited designer styles for everyday and evening wear. We started by adding physical drop-off boxes in our locations across six cities. Due to the combination of a high density of people in our locations and the convenience of co-located drop-off boxes, Rent the Runway’s customer engagement has increased significantly in our initial partnership cities. As of June 30, 2019, Rent the Runway has seen over 300,000 items returned to drop-off boxes, and the partnership was recently awarded Glossy’s 2019 honor for Best Brand Collaboration. This is a win-win partnership: we have provided a significant convenience to hundreds of thousands of working women, we have helped fuel Rent the Runway’s physical expansion strategy and we have monetized underutilized areas of our locations by creating a new higher-margin revenue stream for our platform. Human Resources. We entered into a partnership with Clarity Recruiting in January of 2017 to help our members find top talent to grow their teams. Clarity Recruiting is a woman-owned boutique staffing agency headquartered in New York City with a mission to simplify the recruitment process in order to build better teams. Talent acquisition is a critical need for every growing business, but it has become increasingly difficult for companies to hire exclusively using in-house resources. By working with The We Company platform, Clarity Recruiting has been able to grow their business and fuel their national expansion. This is a win-win partnership: we have helped hundreds of our members hire talent to grow their businesses, we have helped a small business scale and we have created a new higher margin revenue stream for our platform. Food. We entered into a partnership with sweetgreen because we believe in the benefits of providing our members with access to healthy, sustainable food, and that our platform could serve as the physical basis for food delivery at scale without requiring direct access to a cooking facility. The mission of sweetgreen is to inspire healthier communities by connecting people to real food. In 2018, we launched a collaboration with sweetgreen on their Outpost business to bring their food directly to our spaces. We have since expanded the partnership to over 50 WeWork locations around the United States. This is a win-win partnership: We have provided access to a healthy lunchtime solution for our 159
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