Rent the Runway, Inc. (NASDAQ:RENT) Q3 2022 Earnings Conference Call December 7, 2022 4:30 PM ET Company Participants Jackie Blatt - Head, Investor Relations Jennifer Hyman - Co-Founder and CEO Scarlett O’Sullivan - Chief Financial Officer Conference Call Participants Abbey Zvejnieks - Piper Sandler Michael Binetti - Credit Suisse Eric Sheridan - Goldman Sachs Rick Patel - Raymond James Nathan Feather - Morgan Stanley Ashley Helgans - Jefferies Andrew Boone - JMP Securities Operator Welcome to Rent the Runw ...

RENT THE RUNWAY RENT THE RUNWAY Q3 2022 Earnings Presentation cember 7, 2022 2RENT THE RUNWAY CONFIDENTIAL Forward-Looking Statements Disclaimer This presentation contains forward-looking statements within the meaning of the the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward looking statements. These statements include, but are not limited to, statements regarding our future results ...

Financial Data and Key Metrics Changes - Revenue grew 64% year-over-year to $76.5 million, marking the highest quarterly revenue to date [7] - Adjusted EBITDA was positive for the first time since the IPO, generating $1.8 million with a 2.4% margin [7][51] - Active subscribers increased 27% year-over-year to 124,000 but declined 8% quarter-over-quarter [43] Business Line Data and Key Metrics Changes - Subscription and reserve revenue grew 63% year-over-year [7] - Event-based rental business saw strong demand for wedding and party attire [9] - Resale business demonstrated excellent performance [9] Market Data and Key Metrics Changes - The company observed an increase in subscriber pause rates and a decrease in retention starting mid-June [10] - Total subscribers increased 37% year-over-year to 173,000 but declined 2% quarter-over-quarter [45] - Average revenue per user (ARPU) is expected to increase approximately 5% for fiscal year 2022 [46] Company Strategy and Development Direction - The company aims to build a profitable business with strong margins and self-funding capabilities [6] - A restructuring plan was announced to reduce annual operating costs by $25 million to $27 million [20] - The company plans to focus on customer experience and efficiency to drive profitability [19][36] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the difficulty in predicting customer behavior in the current macro environment [11] - There is confidence in the long-term growth potential of the business despite short-term challenges [10][12] - The company is committed to maintaining a healthy cash position to navigate potential economic downturns [23] Other Important Information - The company plans to roll out a loyalty program to enhance customer retention [14] - A partnership with Saks OFF 5TH to sell pre-owned clothing was successful, indicating a favorable market trend [17] - The company expects to generate a mid-teens adjusted EBITDA margin at approximately $400 million in revenue [22][35] Q&A Session Summary Question: Can you elaborate on the cost initiatives and the timing of the cuts? - Management stated that the reductions are aimed at both growth and efficiency, allowing for reinvestment in customer experience [62][65] Question: Can you walk through the near- and medium-term margin targets? - The near-term goal is to achieve a mid-teens adjusted EBITDA margin at approximately $400 million in revenue, with a focus on cost discipline [70][75] Question: Where were the bulk of the cuts made in the restructuring? - Cuts were primarily in back-office functions, with a focus on maintaining customer-related functions and growth initiatives [82][85] Question: How do you feel about the price-value relationship in the current macro environment? - Management noted increased pricing sensitivity among customers but emphasized the value proposition of renting versus buying [87][108] Question: What factors contributed to the slowdown in subscriber growth? - Changes in customer behavior post-pandemic and macroeconomic factors were cited as potential contributors to the slowdown [94][96] Question: Can you provide more detail on the improvement in subscribers early in Q3? - The company has emphasized value-oriented messaging in marketing efforts, which has contributed to improved subscriber metrics [130][131]

RENT THE RUNWAY RENT THE RUNWAY Q2 2022 Earnings Presentation September 12, 2022 Forward-Looking Statements Disclaimer CONFIDENTIAL This presentation contains forward-looking statements within the meaning of the the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward looking statements. These statements include, but are not limited to, statements regarding our future results of operation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number 001-40958 RENT THE RUNWAY, INC. ____________________________ (Exact name of registrant as specified in its charter) FORM 10-Q ____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

Rent the Runway, Inc. (NASDAQ:RENT) Q1 2022 Earnings Conference Call June 9, 2022 4:30 PM ET Company Participants Janine Stichter - Vice President of Investor Relations Jenn Hyman - Co-Founder, Chairman & Chief Executive Officer Scarlett OÂ'Sullivan - Chief Financial Officer Conference Call Participants Lauren Schenk - Morgan Stanley Ike Boruchow - Wells Fargo Ross Sandler - Barclays Eric Sheridan - Goldman Sachs Michael Binetti - Credit Suisse Abbey Zvejnieks - Piper Sandler Andrew Boone - JMP Securities A ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-Q ____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number 001-40958 RENT THE RUNWAY, INC. _________________________ ...

Rent the Runway, Inc. (NASDAQ:RENT) Q4 2021 Earnings Conference Call April 13, 2022 5:00 PM ET Company Participants Janine Stichter - Vice President of Investor Relations Jen Hyman - Co-Founder, Chair & Chief Executive Officer Scarlett O'Sullivan - Chief Financial Officer Conference Call Participants Lauren Schenk - Morgan Stanley Ike Boruchow - Wells Fargo Dan Silverstein - Credit Suisse Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Andrew Boone - JMP Securities Dana Telsey - Telsey Advisory Group ...

RENT THE RUNWAY RENT THE RUNWAY RENT THE RUNWAY Q4 2021 Earnings Presentation ril 13, 2022 Forward-Looking Statements Disclaimer CONFIDENTIAL This presentation contains forward-looking statements within the meaning of the the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward looking statements. These statements include, but are not limited to, statements regarding our future results of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-K ____________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number 001-40958 RENT THE RUNWAY, INC. (Exact name of registrant as sp ...