Table of Contents Other We Company Offerings Live. We have applied the WeWork formula of blending space, design, community and technology to living. WeLive offers beautifully designed, fully furnished and serviced short- and long-term stay apartments and hotel rooms. WeLive integrates the benefits of our global community through a broad set of technologies. We seek to transform the housing and hotel model of yesterday into a flexible and community-driven experience for today. We strive to create a convenient, comfortable and connected space with everything you need to live, work and play in a single location. We currently have two open WeLive locations and expect to open more in the future. In addition, we continue to look for ways to extend this mission beyond housing. For example, Meetup is a self-service offering that connects people who share interests, seek to organize events, desire to learn new things, or just want to do more of what they already love. On average over 12,000 Meetup events get self-organized every day, with over 1.1 million total Meetup events taking place at our locations in the six months ended June 30, 2019. We also expect to expand our nascent health and wellness programs to broaden the reach of our mission within our work and live spaces. Grow. Learning is a lifelong process and we believe that education should not be limited to traditional options. WeGrow is an independent elementary school focused on supporting the growth of children’s minds, bodies and souls through an integrated curriculum. We opened the first WeGrow location in New York in 2018. We also expect to expand our education and learning programs to broaden the reach of our grow mission. Our Team We have grown from a start-up in New York City to a truly global organization, supported by teams working in 111 cities across 29 different countries as of June 1, 2019. Our employees reflect the broad ethnic and geographic footprint we currently serve. Almost 27% of our employee base consists of community team members stationed within our member spaces. Our community teams are unique in that they have the privilege to personally meet and share experiences with our members. They are the front line of our locations and the ambassadors of our mission to the world. We have been a community company since inception. The We Company has always been an extension of our founders’ ambition to effect positive change in the world. We seek to realize our goal by surrounding ourselves with team members who not only have exceptional skill sets but who share in our intention to make a global impact. Over time we have strengthened our team by adding members through strategic acquisitions. As of June 30, 2019, we had more than 12,500 employees, of which approximately 7,500 were located in the United States. A small portion of our employees outside of the United States are represented by a labor union or workers’ council and covered by collective bargaining agreements. 168