Flexible Office for the Evolving Workforce

Occupancy Across Global Regions Most global regions have robust occupancy in the 81%+ range

Robust Occupancy Across Regions

60% or less 61% to 80% 81% to 100%

• Globally, 44% of providers attained occupancy rates of 81% or higher in the year before the survey period of July to September 2022. • The UK’s flexible office inventory achieved the highest occupancy levels with 67% of its space 81% to 100% occupied. • LATAM had the lowest occupancy levels in their flexible office space with 53% of the inventory 60% or less occupied.

North America

24%

32%

44%

UK

22%

11%

67%

EMEA

29%

24%

47%

LATAM

53%

33%

14%

APAC

25%

25%

50%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Source: The Instant Group; based on a 2022 survey of operators, landlords and clients in The Instant Group's network of 3,700+ global locations.