*Reconciliation of GAAP to non-GAAP financial measures can be found in the Appendix 8 SEE THE NED H (t) Saguaro Total revenues ($M) $65.9 $89.2 Q2 2022 Q2 2023 +35% 26% $109.7 $125.5 Q2 2022 Q2 2023 In-House revenues ($M) +14% 21% *For non-GAAP financial measures, please refer to the Appendix for a reconciliation to the most directly comparable GAAP financial measure. ATA SCORPIOS t SOHO WORKS (4) Soquaro Q2 2023 YoY Revenue Bridge YoY Increase in Adult paying Soho House members: As well as +20,646 Other me ...

Revenue Growth - Total revenues for the 13 weeks ended July 2, 2023, were $288.9 million, a 18.5% increase from $243.8 million for the same period in 2022[17]. - Membership revenues increased to $89.2 million for the 13 weeks ended July 2, 2023, up 35.3% from $65.9 million in the prior year[17]. - Revenues for the 26 weeks ended July 2, 2023, were $25,477 million, compared to $21,918 million for the same period in 2022, reflecting an increase of approximately 16%[59]. - Total segment revenue for the 26 weeks ended July 2, 2023, reached $569,609,000, compared to $457,696,000 for the same period in 2022, marking a year-over-year increase of 24.4%[123]. - Total consolidated segment revenue for the 26 weeks ended July 2, 2023, was $544,132,000, an increase from $435,778,000 for the same period in 2022, representing a growth of approximately 25%[125]. - Overall Membership revenues increased by $22,732, or 34% in constant currency[208]. Financial Performance - Net loss attributable to Soho House & Co Inc. for the 13 weeks ended July 2, 2023, was $2.6 million, compared to a net loss of $82.0 million for the same period in 2022[17]. - Operating income for the 13 weeks ended July 2, 2023, was $19.6 million, a significant improvement from an operating loss of $65.5 million in the same quarter of 2022[17]. - For the 26 weeks ended July 2, 2023, the net loss was $18,303 thousand, compared to a net loss of $144,181 thousand for the same period in 2022, indicating a significant improvement[25]. - The net loss for the 13 weeks ended July 2, 2023, was $2,287,000, compared to a net loss of $8,555,000 for the same period in 2022, showing an improvement of 73.3%[124]. - The net loss for the 26 weeks ended July 2, 2023, was $18,303,000, significantly improved from a net loss of $144,181,000 for the same period in 2022[129]. Assets and Liabilities - Total assets as of July 2, 2023, were $2.56 billion, an increase from $2.47 billion as of January 1, 2023[15]. - Total liabilities increased to $2.60 billion as of July 2, 2023, compared to $2.48 billion at the beginning of the year[15]. - The accumulated deficit as of July 2, 2023, was $1.26 billion, up from $1.24 billion at the beginning of the year[15]. - As of July 2, 2023, total shareholders' equity was $78,040 thousand, up from $182,192 thousand as of January 2, 2022, reflecting changes in accumulated deficit and other comprehensive income[23]. Cash Flow and Liquidity - Cash and cash equivalents decreased to $129.3 million as of July 2, 2023, from $182.1 million at the beginning of the year[15]. - The company had a net cash provided by operating activities of $8,281 thousand for the 26 weeks ended July 2, 2023, down from $13,661 thousand in the same period of 2022[25]. - Cash and cash equivalents decreased to $129,285 thousand as of July 2, 2023, from $259,065 thousand as of July 3, 2022, indicating a reduction in liquidity[26]. Membership and Engagement - As of July 2, 2023, the company has approximately 248,100 members, including about 176,300 Soho House members[155]. - The company has a global waitlist of approximately 95,000 members as of July 2, 2023, indicating strong demand for memberships[160]. - Membership revenues include annual fees and one-time registration fees, while in-house revenues comprise food, beverage, accommodation, and spa services[162]. - The company’s membership model has shown resilience through economic cycles, with favorable retention rates compared to other consumer subscriptions[159]. Operational Efficiency - The House-Level Contribution Margin increased to 26%, up from 22% year-over-year, indicating improved operational efficiency[195]. - Total operating expenses decreased by 13% to $269,329, compared to $309,258 in the prior year, reflecting cost management efforts[197]. - Total segment operating expenses for the 26 weeks ended July 2, 2023, were $464,365,000, compared to $383,219,000 for the same period in 2022, indicating an increase of approximately 21%[125]. Debt and Financing - Total long-term debt, net of current portion, is $603,433,000 as of July 2, 2023, compared to $579,904,000 as of January 1, 2023[82]. - Future principal payments for the Company's debt total $778.3 million as of July 2, 2023, with $602.8 million due in 2027[96]. - The Company has a £55 million ($72 million) floating rate revolving credit facility, with £71 million ($90 million) available to draw as of July 2, 2023[84]. Share-Based Compensation - Share-based compensation expense for the 13 weeks ended July 2, 2023 was $5.657 million, compared to $4.274 million for the same period in 2022, reflecting a 32.4% increase[104]. - The company has approximately $5 million of unvested SARs expected to be recognized over a weighted average period of 1.36 years[106]. - The company granted 3,113,109 SARs and 546,743 RSUs under the 2021 Plan, with 2,936,353 SARs and 2,934,552 RSUs outstanding[103]. Foreign Exchange Impact - The company reported a foreign exchange gain of $21.6 million for the 13 weeks ended July 2, 2023, compared to a loss of $57.2 million in the same period last year[17]. - The company experienced a foreign exchange loss of $34,597 thousand for the 26 weeks ended July 2, 2023, compared to a gain of $74,250 thousand in the same period of 2022[25]. Future Outlook - The company expects to grow its member base by expanding the number of Soho Houses and launching new membership brands, leveraging its strong brand and culture of innovation[173]. - Membership pricing adjustments and the introduction of new membership brands are expected to enhance revenue potential, with historical price increases not significantly impacting retention rates[183].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 2, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number: 001-40605 Soho House & Co Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 86-3664553 (State or other jurisdiction of ...

Membership Collective Group Inc. (MCG) Q4 2022 Earnings Conference Call March 9, 2023 9:00 AM ET Company Participants Nick Jones - Founder and Director Andrew Carnie - Chief Executive Officer Thomas Allen - Chief Financial Officer Conference Call Participants Steven Zaccone - Citi Stephen Grambling - Morgan Stanley George Kelly - Roth Capital Shaun Kelley - Bank of America Ali Naqvi - HSBC Operator Thank you for standing by. At this time, I would like to welcome everyone to the Membership Collective Group I ...

MARCH 2023 xxxxxxxx Membership Collective Group G www.lives.com to to to the Membership Collective Group Forward Looking Statements Forward Looking Statements This presentation contains forward-looking statements that are based on management's beliefs and assumptions and on information currently available to management. In some cases, you can identify forward-looking statements by the following words: 'may,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'intend,' 'plan,' 'anticipate,' 'believe,' 'estimate,' ...

Membership Collective Group Inc. (MCG) Q3 2022 Earnings Conference Call November 16, 2022 9:00 AM ET Company Participants Thomas Allen - Chief Financial Officer Nick Jones - Founder Andrew Carnie - President & Incoming Chief Executive Officer Conference Call Participants Shaun Kelley - Bank of America Sharon Zackfia - William Blair Steven Zaccone - Citi Stephen Grambling - Morgan Stanley Operator Hello. My name is Chris and I’ll be your conference operator today. At this time, I would like to welcome everyo ...

NOVEMBER 2022 Membership Collective Group Membership Collective Group SERIO COLLECTION HAM DO DO THE OWNER CLECKANAGEMENT other Forward Looking Statements Forward Looking Statements This presentation contains forward-looking statements that are based on management's beliefs and assumptions and on information currently available to management. In some cases, you can identify forward-looking statements by the following words: 'may,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'intend,' 'plan,' 'anticipate,' ...

Membership Collective Group Inc. (MCG) Q2 2022 Earnings Conference Call August 17, 2022 9:00 AM ET Company Participants Thomas Allen - Chief Financial Officer Nick Jones - Founder and Chief Executive Officer Andrew Carnie - President Conference Call Participants Steven Zaccone - Citigroup Shaun Kelley - Bank of America Ali Naqvi - HSBC Operator Good morning. My name is Rob and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Membership Collective Group Inc. Secon ...

AUGUST 2022 0 Membership Collective Group em lder Forward Looking Statements Forward Looking Statements This presentation contains forward-looking statements that are based on management's beliefs and assumptions and on information currently available to management. In some cases, you can identify forward-looking statements by the following words: 'may,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'intend,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'project,' 'potential,' 'continue,' 'ongoin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 July 3, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number: 001-40605 Membership Collective Group Inc. (Exact Name of Registrant as Specified in its Charter) | Delaware | 86-3664553 | | --- | --- | ...