Beachbody Company, Inc.

Our corporate headquarters are located in El Segundo, California, where we occupied facilities totaling approximately 42,000 square feet under a lease that expired on November 30, 2024. The lease was renewed for 26 months, and expires in 2027, and the amended lease reduced the space leased to approximately 9,400 square feet. See Note 12, Leases, for more information on the lease renewal for our corporate headquarters. In addition to our corporate headquarters, we owned and operated as of December 31, 2023 a production facility of approximately 19,400 square feet in Van Nuys, California where we produce our content.

On February 29, 2024, we sold the Van Nuys production facility and entered into a five year lease of the facility. See Note 6, Property and Equipment, Net, for more information on the sale and leaseback of the Van Nuys production facility.

We intend to minimize our need to procure additional space as we add employees and expand geographically due to our emphasis on remote-first capabilities for our corporate workforce. We believe that our facilities are adequate to meet our needs for the immediate future and that suitable additional space will be available to accommodate any expansion of our operations as needed.