Gores Metropoulos II, Inc. (GMIIW)

SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder'' or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it completed its previously announced business combination with Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) (“GM II”), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC, and Metropoulos & Co. The business combination was approved at a special meeting of Gores Metropoulos II stockholders on January 14, 2022. The combined company will operate as Sonder Holdings Inc. and will commence trading its common stock and publicly traded warrants on the Nasdaq Global Select Market (“Nasdaq”) tomorrow under the ticker symbols “SOND” and “SONDW”, respectively. “While the travel industry has faced headwinds with the ongoing pandemic, Sonder has continued to grow at a rapid clip, proving the resiliency of our business model and demonstrating our ability to pivot quickly to address emerging trends and traveler needs. We delivered record quarterly revenue in both Q2 and Q3 and we remain aggressively optimistic on the future of travel,” said Francis Davidson, Co-Founder and Chief Executive Officer of Sonder. “Today is a historic moment for the entire Sonder team and a testament to how we’ve revolutionized the hospitality industry by reimagining and delivering what the modern traveler demands. We are really proud of what we’ve achieved to date and want to recognize the dedication of all Sonderites. We have an exceptional team in place to drive the next chapters of growth for our organization.” “We continue to lead and innovate with our tech-enabled offering, inspiring design, consistent quality, and compelling value that are the hallmarks of a great modern hospitality experience,” said Sanjay Banker, President and Chief Financial Officer of Sonder. “We appreciate our close partnership with the Gores team and with our business combination completed, Sonder now has a very strong balance sheet to aggressively pursue our ambitious growth strategy, revolutionize hospitality, and deliver long-term value to shareholders.” "We’re proud to have partnered with Sonder and look forward to supporting their next chapter of growth," said Ted Fike, Senior Managing Director at The Gores Group. “With a differentiated, tech-driven platform and unique value proposition, we’re confident that becoming a public company will enable Sonder to solidify its leading position as the hospitality brand of tomorrow.” Justin Wilson, Senior Managing Director at The Gores Group, added, "Sonder is a true disruptor in the travel space, with a proven ability to execute and deliver despite a very challenging period for the hospitality industry as a whole. We’re excited to watch them continue to expand and reshape guest stays at a global level.” Sonder will retain its experienced management team. Mr. Davidson will continue to serve as Co-Founder and CEO and Mr. Banker will continue to serve as President and CFO. Sonder will be scheduling a bell ringing ceremony with Nasdaq at a later date to formally celebrate its public listing. Advisors Goldman Sachs & Co. LLC served as exclusive financial advisor to Sonder. Wilson Sonsini Goodrich & Rosati, P.C. served as legal advisor to Sonder. Morgan Stanley & Co. LLC served as lead financial advisor and Deutsche Bank Securities Inc. and Citigroup served as capital markets advisors to GM II. Moelis & Company LLC acted as additional financial advisor to GM II. Weil, Gotshal & Manges LLP served as legal advisor to GM II. Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup, and Deutsche Bank Securities Inc. served as joint lead placement agents on the PIPE. Latham & Watkins LLP is serving as legal advisor to the co-placement agents. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Forward-looking statements in this release include, but are not limited to, the closing of the drawdown on Sonder’s Delayed Draw Notes, the commencement of trading of Sonder’s common stock and publicly traded warrants on Nasdaq, Sonder’s beliefs regarding its current and future financial position, Sonder’s beliefs regarding its future financial and operating results and growth and the effect of the COVID-19 pandemic, its timing of recovery and the pandemic’s impact to Sonder’s business and financial position. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with real estate owners and developers, guests and suppliers and retain its management and key employees; (b) changes in applicable laws or regulations, including legal or regulatory developments (such as changes in local laws affecting hotels, apartments and other accommodation and regulatory developments related to special purpose acquisition companies); (c) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (d) risks related to the impact of the COVID-19 pandemic, including the Omicron and other variants and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (e) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by the Company from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, Sonder does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report. Additional risks and uncertainties are identified and discussed in Sonder’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), una empresa hotelera líder de última generación que está redefiniendo la experiencia de los huéspedes mediante la tecnología y el diseño, anunció hoy que ha sumado más de 100 cuentas de viajes corporativos nuevas durante el último año como resultado de la fuerte demanda de sus alojamientos cuidadosamente diseñados, confiables y tecnológicos entre clientes empresariales y grupales. Sonder ha observado una demanda de viajes corporativos cada vez más alta por parte de los sectores de tecnología, hotelería, comercio minorista, entretenimiento y cuidado de la salud, y la demanda de viviendas corporativas impulsó casi la mitad de los ingresos corporativos registrados de Sonder. Las ubicaciones de Sonder se encuentran en los principales centros comerciales mundiales y los destinos más populares para las reservas corporativas y de grupo el año pasado fueron la ciudad de Nueva York, Filadelfia, Londres, Dublín, Nueva Orleans y Palm Springs. “En esta economía, las compañías que ofrecen un paquete de reubicación convincente para una posible contratación realmente pueden destacarse”, señaló Phil Stapleton, director general de Situ. “Actualmente, nuestros clientes priorizan de manera consistente los espacios de alojamiento autónomos que sean cómodos, estén cuidadosamente diseñados, cuenten con tecnologías avanzadas y estén en las ubicaciones adecuadas. Sonder cumple las expectativas consistentemente en todos estos aspectos, y así nos ayuda a brindar la excelente experiencia de vivienda corporativa que nuestros clientes están buscando, lo que marca la diferencia”. Las opciones de alojamiento flexibles de Sonder van desde habitaciones de hotel individuales hasta apartamentos completos con varios dormitorios, que están disponibles para estadías de una o varias noches. Los diversos espacios ofrecen habitaciones para relajarse y trabajar de manera remota, cuentan con cocinas totalmente equipadas, salas de estar, habitaciones múltiples y lavandería en suite. La experiencia tecnológica de Sonder hace que a los huéspedes les resulte más fácil solicitar el ingreso anticipado o la salida tardía directamente desde sus teléfonos, a través la aplicación de Sonder, y así evitar los vestíbulos abarrotados. Por otra parte, los huéspedes de Sonder reciben soporte al instante mediante el servicio de Conserjería que ofrece la aplicación durante las 24 horas del día, los 7 días de la semana. “Estamos increíblemente satisfechos con la aceptación que hemos visto en este importante segmento de viajes desde que lanzamos un equipo dedicado centrado en esta base de clientes el año pasado y de trabajar con socios sólidos en el sector”, afirmó Kristen Richter, vicepresidenta de ventas de Sonder. “Nuestro crecimiento continuo y trabajo con más de 100 clientes corporativos ha demostrado que existe una necesidad importante de alojamientos cuidadosamente diseñados y tecnológicos entre estas agencias y huéspedes”. Después del lanzamiento de su oferta dedicada de viajes corporativos y la conectividad del sistema de distribución global a mediados de 2021, Sonder se asoció recientemente con ABC Global Services, un proveedor de servicios y tecnología líder para agencias de viajes, asesores y profesionales. Toda la red global de agentes de ABC Global Services ahora se beneficiará de la capacidad de elegir una estadía cómoda y sin contacto en Sonder en más de 35 ciudades de todo el mundo, a tarifas preferenciales. “Si bien los viajes corporativos pueden verse un poco deferentes estos días, lo importante para nuestros clientes y sus huéspedes sigue siendo lo mismo: una experiencia hotelera consistente, cómoda y confiable”, señaló Dee Runyan, presidenta de ABC Global Services. “Creemos que el modelo comercial de próxima generación de Sonder satisface esa necesidad al ofrecer una experiencia innovadora, perfecta y de gran nivel, con opciones flexibles para diferentes tipos de estadías y viajeros”. Sonder también tiene asociaciones activas de viajes de negocios con Egencia, HotelEngine y TripActions, tres de las principales empresas de gestión de viajes. Combinación de negocios con Gores Metropoulos II Sonder anunció recientemente que la Declaración de inscripción en el Formulario S-4 presentada ante la Comisión de Bolsa y Valores de EE. UU. (la “SEC”) el 7 de julio de 2021, modificado por la Enmienda No. 7 presentada el 20 de diciembre de 2021, se declaró efectiva el 22 de diciembre de 2021. La Declaración de inscripción se presentó en relación con la combinación de negocios propuesta de Sonder y Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW y GMIIU). Una reunión extraordinaria de accionistas de Gores Metropoulos II para aprobar la combinación de negocios se llevará a cabo el 14 de enero de 2022, en 9:00 a. m. Hora del Este. Se espera que las acciones ordinarias y las garantías públicas de Sonder se coticen en el Nasdaq bajo los símbolos de cotización “SOND” y “SONDW”, respectivamente, tras el cierre de la combinación de negocios. Una vez completada la combinación de negocios, sujeto a cualquier rescate por parte de los accionistas públicos de Gores Metropoulos II y al pago de los gastos de transacción al cierre, Sonder espera tener aproximadamente 310 millones de USD en ingresos de PIPE, hasta 450 millones de USD en efectivo en la cuenta fiduciaria de Gores Metropoulos II y 165 millones de USD en notas de retiro diferido para financiar operaciones y respaldar iniciativas de crecimiento nuevas y existentes. Acerca de Sonder Sonder está revolucionando la hotelería a través de un servicio innovador y tecnológico y un alojamiento inspirador y cuidadosamente diseñado que se combina en una experiencia perfecta. Lanzada en 2014 y con sede en San Francisco, Sonder ofrece una variedad de opciones de alojamiento, desde amplias habitaciones hasta suites y apartamentos totalmente equipados, que se encuentran en más de 35 mercados que abarcan diez países y tres continentes. La aplicación de Sonder ofrece a los huéspedes un control total de su estadía. Con funciones de autoservicio, un registro sencillo y asistencia in situ las 24 horas del día, las comodidades y los servicios de Sonder están a un solo toque, lo que hace que un mundo de mejores estadías esté al alcance de todos. Para obtener más información, visite www.sonder.com o siga a Sonder en Facebook, Twitter o Instagram. Descargue la aplicación de Sonder en Apple o Google Play. Acerca de Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW y GMIIU) es una compañía de adquisición de propósito especial patrocinada por una afiliada de The Gores Group, LLC, una firma de inversión global fundada en 1987 por Alec Gores, y por una afiliada de Metropoulos & Co. cuyos directores son Dean, Evan y Daren Metropoulos. Gores Metropoulos II se formó con el propósito de celebrar una fusión, bolsa de valores, adquisición de activos, compra de acciones, reorganización o combinación comercial similar con uno o más negocios. Los señores Gores y Metropoulos tienen en conjunto más de 100 años de experiencia combinada como empresarios, operadores e inversores en diversos sectores, incluidos el industrial, la tecnología, los medios de comunicación y el entretenimiento, los servicios comerciales, la atención médica y los productos y servicios de consumo. A lo largo de sus carreras, los señores Gores y Metropoulos y sus respectivos equipos han invertido en más de 180 empresas de cartera a través de diversos entornos macroeconómicos con una estrategia de inversión coherente y orientada a las operaciones. Para obtener más información, visite www.gores.com. Información adicional y dónde encontrarla En relación con la unión comercial propuesta, Gores Metropoulos II, Inc. (“Gores Metropoulos II”) ha presentado una declaración de inscripción en el formulario S-4 (la “Declaración de inscripción”) que incluye una declaración de representación preliminar, un prospecto y una declaración de solicitud de consentimiento con respecto a los valores de Gores Metropoulos II que se emitirán en relación con la unión comercial propuesta. El Formulario S-4 fue declarado efectivo por la SEC el 22 de diciembre de 2021. La declaración de representación/prospecto/declaración de solicitud de consentimiento definitiva se envió a todos los accionistas de Gores Metropoulos II a partir del 30 de noviembre de 2021, la fecha de registro establecida para votar sobre la combinación de negocios propuesta y los otros asuntos que se votarán en una reunión de Gores. Se convocará a los accionistas de Metropoulos II para aprobar la combinación de negocios propuesta y otros asuntos (la “Asamblea especial”). Gores Metropoulos II puede presentar también otros documentos relativos a la unión comercial propuesta ante la SEC. La declaración de representación/prospecto/declaración de solicitud de consentimiento definitiva contiene información importante sobre la combinación de negocios propuesta y los otros asuntos que se votarán en la Asamblea Especial y no tiene la intención de proporcionar la base para ninguna decisión de inversión ni cualquier otra decisión con respecto a tales asuntos. Los inversores y tenedores de títulos también podrán obtener copias de la declaración de representación definitiva, el prospecto o la declaración de solicitud de consentimiento y todos los demás documentos relevantes presentados o que serán presentados ante la SEC de manera gratuita, una vez que estén disponibles, en el sitio web de la SEC www.sec.gov o mediante el envío de una solicitud a: 6260 Lookout Road, Boulder, CO 80301; Atención: Jennifer Kwon Chou, o póngase en contacto con Morrow Sodali LLC, el solicitante de poderes de Gores Metropoulos II, para obtener ayuda, llamando al número gratuito (800) 662-5200 (los bancos y los corredores pueden llamar a cobro revertido al (203) 658-9400). Participantes en las convocatorias Gores Metropoulos II, Sonder y sus respectivos directores y ejecutivos pueden ser considerados participantes en la solicitud de representación de los accionistas de Gores Metropoulos II con relación a la unión comercial propuesta. Los accionistas de Gores Metropoulos II y otras personas interesadas pueden obtener, sin costo alguno, información más detallada sobre los intereses de dichas personas y de otras personas que puedan ser consideradas participantes en la unión comercial propuesta, al leer la declaración de inscripción de Gores Metropoulos II en el formulario S-1 (archivo n.º 333-251663), que fue declarada efectiva por la SEC el 19 de enero de 2021, y la declaración de representación, el prospecto o la declaración de solicitud de consentimiento relativa a la unión comercial propuesta. Puede obtener copias gratuitas de dichos documentos como se indica en el párrafo anterior. Declaraciones a futuro Este comunicado de prensa contiene una serie de “declaraciones a futuro” dentro del significado de la Ley de Reforma de Litigios sobre Valores Privados (Private Securities Litigation Reform Act) de 1995. Las declaraciones a futuro incluyen, pero no se limitan a, declaraciones sobre el crecimiento de ingresos pronosticado de Sonder (incluida la perspectiva de Sonder para los Ingresos totales y el EBITDA ajustado para el año que finalizó el 31 de diciembre de 2021), el pronóstico de crecimiento de Sonder en las unidades y el flujo de caja (incluido el pronóstico de crecimiento de Sonder en la Cartera total para el año terminado el 31 de diciembre de 2021), información sobre los resultados y métricas financieras u operativas futuras posibles o asumidas de Gores Metropoulos II o Sonder, estrategias comerciales, niveles de deuda, posición competitiva, entorno de la industria, oportunidades de crecimiento potencial, operaciones futuras, productos y servicios, aperturas planificadas, contrataciones de unidades esperadas y los efectos de la regulación, que incluye si la unión comercial propuesta generará retornos para los accionistas. Estas declaraciones a futuro se basan en las expectativas, las estimaciones, las proyecciones y las creencias actuales de la gerencia de Gores Metropoulos II o Sonder, así como en varias suposiciones sobre acontecimientos futuros. Cuando se utilizan en este comunicado de prensa, las palabras “estima”, “proyecta”, “espera”, “anticipa”, “pronostica”, “planea”, “pretende”, “cree”, “busca”, “puede”, “hará”, “debería”, “futuro”, “propone” y las variaciones de estas palabras o expresiones similares (o las versiones negativas de dichas palabras o expresiones) tienen la intención de identificar declaraciones a futuro. Dichas declaraciones a futuro no son garantías de futuro desempeño, condiciones o resultados e implican una serie de riesgos conocidos y desconocidos, incertidumbres, suposiciones y otros factores importantes, muchos de los cuales están fuera del control de la gerencia de Gores Metropoulos II o Sonder, que podrían llevar a que los resultados reales difieran sustancialmente de los resultados analizados en las declaraciones a futuro. Estos riesgos, incertidumbres, suposiciones y otros factores importantes incluyen, entre otros: (a) la ocurrencia de cualquier acontecimiento, cambio u otras circunstancias que pudieran dar lugar a la rescisión del Acuerdo de Fusión (modificado por la Enmienda n.° 1 al Acuerdo y Plan de Fusión, de fecha 27 de octubre de 2021 (“Enmienda n.° 1”)) y de la unión comercial propuesta contemplada en el mismo; (b) la imposibilidad de completar la unión comercial propuesta debido a la no obtención de la aprobación de los accionistas de Gores Metropoulos II o de otras condiciones para el cierre en el Acuerdo de Fusión (modificado por la Enmienda n.° 1); (c) la capacidad de cumplir con las normas de cotización del Nasdaq tras la consumación de la unión comercial propuesta; (d) la incapacidad de completar las transacciones de colocación privada en relación con la combinación de negocios como se describe en la Declaración de inscripción; (e) el riesgo de que la unión comercial propuesta perturbe los planes y operaciones actuales de Sonder o sus filiales como resultado del anuncio y la consumación de las transacciones descriptas en este documento; (f) la capacidad de reconocer los beneficios previstos de la unión comercial propuesta, que puede verse afectada, entre otras cosas, por la competencia, la capacidad de la empresa combinada para crecer y gestionar el crecimiento de forma rentable, mantener las relaciones con los clientes y proveedores y retener a sus directivos y empleados clave; (g) los costos relacionados con la unión comercial propuesta; (h) los cambios en las leyes o reglamentos aplicables, incluidos los desarrollos legales o reglamentarios (como la declaración de la SEC sobre las consideraciones contables y de información para los warrants en las empresas de adquisición con fines especiales); (i) la posibilidad de que Sonder se vea afectada negativamente por otros factores económicos, empresariales o competitivos; (j) los riesgos relacionados con el impacto de la pandemia de COVID-19, incluida la variante Omicron y otras variantes y las posibles restricciones gubernamentales y de otro tipo (incluidas las restricciones de viaje) resultantes; y (k) otros riesgos e incertidumbres descriptos en la declaración final de representación, el prospecto o la declaración de solicitud de consentimiento, incluidos los que figuran en el apartado “Factores de riesgo” de la misma, y otros documentos presentados por Gores Metropoulos II ocasionalmente ante la SEC. Se advierte a los lectores no confiar indebidamente en ninguna de estas declaraciones a futuro, las cuales solo afirman lo dicho a la fecha en que se hicieron. A menos que sea requerido por ley, ni Gores Metropoulos II ni Sonder están obligados a actualizar o revisar sus declaraciones a futuro para reflejar eventos o circunstancias después de la fecha de este comunicado. Los riesgos y las incertidumbres adicionales se identifican y analizan en los informes de Gores Metropoulos II presentados y por presentar ante la SEC y disponibles en el sitio web de la SEC, www.sec.gov. Este comunicado no constituye una oferta ni una solicitud Esta comunicación se refiere a una propuesta de unión comercial entre Gores Metropoulos II y Sonder. Este documento tampoco constituye una oferta de venta o de intercambio, ni la solicitud de oferta de compra o intercambio de valores; tampoco se llevará a cabo la venta de ninguno de los valores en ninguna jurisdicción en que tal oferta, venta o intercambio sea ilegal antes de la inscripción o calificación conforme a las leyes de valores de cualquier jurisdicción. El texto original en el idioma fuente de este comunicado es la versión oficial autorizada. Las traducciones solo se suministran como adaptación y deben cotejarse con el texto en el idioma fuente, que es la única versión del texto que tendrá un efecto legal.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today it has added over 100 new corporate travel accounts over the last year as a result of the high demand for its thoughtfully designed, reliable and tech-enabled accommodations among business and group clients. Sonder has seen increasing corporate travel demand from the technology, hospitality, retail, entertainment and healthcare industries, and nearly half of Sonder’s corporate booked revenue was driven by corporate housing demand. With Sonder locations in major global business hubs, the most popular destinations for corporate and group bookings last year were New York City, Philadelphia, London, Dublin, New Orleans and Palm Springs. “In this economy, companies offering a compelling relocation package to a prospective hire can really stand out,” shared Situ’s Managing Director Phil Stapleton. “Today, our clients are consistently prioritizing autonomous accommodation spaces that are comfortable, thoughtfully designed, tech-forward and in the right locations. Sonder consistently delivers across all these aspects, helping us provide the outstanding corporate housing experience our clients are looking for, which makes a difference.” Sonder’s flexible accommodation options span individual hotel rooms to full apartments with multiple bedrooms, which are available for one-night or multi-night stays. Many spaces offer room to spread out and work remotely, with fully-equipped kitchens, living rooms, multiple bedrooms and en-suite laundry. Sonder’s tech-enabled experience makes it easy for travelers to request early check-in or late check-out directly from their phones, and to bypass crowded lobbies via check-in through the Sonder app. Sonder guests also receive instant support through the company’s 24/7 Concierge service through the app. “We’re incredibly pleased with the traction we’ve seen among this important travel segment since launching a dedicated team focused on this customer base just last year, and to be working with strong partners in the space,” shared Kristen Richter, Vice President of Sales at Sonder. “Our continued growth and working with over 100 corporate clients has proven that there’s a significant need for thoughtfully designed, tech-enabled accommodations among these agencies and travelers.” Following the launch of its dedicated business travel offering and Global Distribution System connectivity in mid-2021, Sonder recently signed a partnership with ABC Global Services, a leading supplier of services and technology for travel agencies, advisors and professionals. ABC Global Services’ entire global agent network will now benefit from the ability to choose a comfortable, contactless stay at Sonder in more than 35 cities around the world, at preferential rates. “While corporate travel may look a little different these days, what matters to our clients and their travelers remains the same: a consistent, comfortable and reliable hospitality experience,” shared Dee Runyan, President at ABC Global Services. “We believe that Sonder’s next-generation business model meets that need, delivering an experience that’s innovative, seamless and elevated – with flexible options for different types of stays and travelers.” Sonder also has active business travel partnerships with Egencia, HotelEngine and TripActions, three top Travel Management Companies. Business Combination with Gores Metropoulos II Sonder recently announced that the Registration Statement on Form S-4 filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 7, 2021, as amended by Amendment No. 7 filed on December 20, 2021, was declared effective on December 22, 2021. The Registration Statement was filed in connection with the proposed business combination of Sonder and Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU). A special meeting of Gores Metropoulos II stockholders to approve the business combination will be held on January 14, 2022, at 9:00 a.m. Eastern Time. Sonder’s common stock and public warrants are expected to be listed on Nasdaq under the ticker symbols “SOND” and “SONDW,” respectively, following the closing of the business combination. Upon completion of the business combination, subject to any redemptions by the public stockholders of Gores Metropoulos II and the payment of transaction expenses at the closing, Sonder expects to have approximately $310 million in PIPE proceeds, up to $450 million in cash in Gores Metropoulos II’s trust account and $165 million of Delayed Draw Notes to fund operations and support new and existing growth initiatives. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Additional Information and Where to Find It In connection with the proposed business combination, Gores Metropoulos II, Inc. (“Gores Metropoulos II”) has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to Gores Metropoulos II’s securities to be issued in connection with the proposed business combination. The Form S-4 was declared effective by the SEC on December 22, 2021. The definitive proxy statement/prospectus/consent solicitation statement was mailed to all Gores Metropoulos II stockholders as of November 30, 2021, the record date established for voting on the proposed business combination and the other matters to be voted upon at a meeting of Gores Metropoulos II’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”). Gores Metropoulos II may also file other documents regarding the proposed business combination with the SEC. The definitive proxy statement/prospectus/consent solicitation statement contains important information about the proposed business combination and the other matters to be voted upon at the Special Meeting and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. Investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/consent solicitation statement and all other relevant documents filed or that will be filed with the SEC without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, Gores Metropoulos II’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation Gores Metropoulos II, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of Gores Metropoulos II stockholders in connection with the proposed business combination. Gores Metropoulos II stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading Gores Metropoulos II’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth and cash flow (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s forecasted growth in units (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning Gores Metropoulos II’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on Gores Metropoulos II‘s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Gores Metropoulos II’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement (as amended by that certain Amendment No. 1 to Agreement and Plan of Merger, dated October 27, 2021 (“Amendment No. 1”)) and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Gores Metropoulos II or other conditions to closing in the Merger Agreement (as amended by Amendment No. 1); (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the private placement transactions in connection with the business combination as described in the Registration Statement; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Omicron and other variants and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by Gores Metropoulos II from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither Gores Metropoulos II nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report. Additional risks and uncertainties are identified and discussed in Gores Metropoulos II’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between Gores Metropoulos II and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), una empresa hotelera líder de última generación que está redefiniendo la experiencia de los huéspedes mediante la tecnología y el diseño, observó una fuerte demanda de propiedades en los Estados Unidos durante la víspera de Año Nuevo; las ganancias por habitación disponible aumentaron más del 10 % en la víspera de Año Nuevo en comparación con la misma fecha de 2019, y prácticamente duplicaron los niveles de 2020. Los índices de ocupación de la víspera de Año Nuevo fueron superiores al 75 %, lo que indica una demanda continua de alojamientos de Sonder por parte de los viajeros, a pesar de la variante Omicron. Algunos de los destinos de Sonder más populares en la víspera de Año Nuevo fueron los de climas más cálidos como Phoenix, San Diego y Dallas. The Continental, que ofrece ventanas expansivas y balcones privados y está ubicado en el popular barrio Little Italy de San Diego, fue una de las opciones más elegidas. Además, los viajeros acudieron en masa a destinos más fríos como Chicago y Boston, y con frecuencia eligieron 907 Main, uno de los destinos más nuevos de Sonder en Boston, que ofrece fácil acceso a tiendas locales, restaurantes y museos. “Nuestro desempeño sólido en la víspera de Año Nuevo nos demuestra que, a pesar de la pandemia, sigue habiendo una alta demanda de los espacios de Sonder. Nuestro modelo hotelero gira en torno a estadías sin contacto en espacios modernos y tecnológicos, que ofrecen un entorno seguro y contenido para los viajeros”, dijo Shruti Challa, vicepresidente sénior de Ganancias. “Los viajeros de hoy quieren estadías de gran nivel con un excelente valor y que, en última instancia, les brinden un alto grado de autonomía y control sobre su estadía. Sonder está muy bien posicionada para satisfacer esas necesidades y responder a las nuevas tendencias de viajes a medida que vayan surgiendo”. En un esfuerzo por mejorar constantemente la experiencia de los huéspedes, Sonder está dirigiendo decenas de iniciativas tecnológicas y orientadas al servicio en varias ciudades. Actualmente, Sonder está haciendo pruebas piloto de una nueva llave móvil en mercados seleccionados, para que los clientes puedan abrir la puerta de sus habitaciones sin problemas con solo ingresar a la aplicación de Sonder. Además, la empresa también ha elegido propiedades específicas donde instalará estaciones de ejercicio privadas Peloton en unidades individuales y lanzará alianzas con gimnasios para ofrecer acceso gratuito a os huéspedes. El año que viene, Sonder planea adaptar las iniciativas seleccionadas a otros mercados. Con Sonder, los huéspedes pueden solicitar el ingreso anticipado o la salida tardía desde sus teléfonos, y registrarse en su unidad mediante la aplicación de Sonder, lo que permite evitar por completo los vestíbulos atestados de gente. Por otra parte, los huéspedes de Sonder reciben soporte al instante mediante el servicio de Conserjería que ofrece la aplicación durante las 24 horas del día, los 7 días de la semana. Combinación de negocios con Gores Metropoulos II Sonder anunció recientemente que la Declaración de inscripción en el Formulario S-4 presentada ante la Comisión de Bolsa y Valores de EE. UU. (la “SEC”) el 7 de julio de 2021, modificado por la Enmienda No. 7 presentada el 20 de diciembre de 2021, se declaró efectiva el 22 de diciembre de 2021. La Declaración de inscripción se presentó en relación con la combinación de negocios propuesta de Sonder y Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW y GMIIU). Una reunión extraordinaria de accionistas de Gores Metropoulos II para aprobar la combinación de negocios se llevará a cabo el 14 de enero de 2022, en 9:00 a. m. Hora del Este. Se espera que las acciones ordinarias y las garantías públicas de Sonder se coticen en el Nasdaq bajo los símbolos de cotización “SOND” y “SONDW”, respectivamente, tras el cierre de la combinación de negocios. Una vez completada la combinación de negocios, sujeto a cualquier rescate por parte de los accionistas públicos de Gores Metropoulos II y al pago de los gastos de transacción al cierre, Sonder espera tener aproximadamente 310 millones de USD en ingresos de PIPE, hasta 450 millones de USD en efectivo en la cuenta fiduciaria de Gores Metropoulos II y 165 millones de USD en notas de retiro diferido para financiar operaciones y respaldar iniciativas de crecimiento nuevas y existentes. Acerca de Sonder Sonder está revolucionando la hotelería a través de un servicio innovador y tecnológico y un alojamiento inspirador y cuidadosamente diseñado que se combina en una experiencia perfecta. Lanzada en 2014 y con sede en San Francisco, Sonder ofrece una variedad de opciones de alojamiento, desde amplias habitaciones hasta suites y apartamentos totalmente equipados, que se encuentran en más de 35 mercados que abarcan diez países y tres continentes. La aplicación de Sonder ofrece a los huéspedes un control total de su estadía. Con funciones de autoservicio, un registro sencillo y asistencia in situ las 24 horas del día, las comodidades y los servicios de Sonder están a un solo toque, lo que hace que un mundo de mejores estadías esté al alcance de todos. Para obtener más información, visite www.sonder.com o siga a Sonder en Facebook, Twitter o Instagram. Descargue la aplicación de Sonder en Apple o Google Play. Acerca de Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW y GMIIU) es una compañía de adquisición de propósito especial patrocinada por una afiliada de The Gores Group, LLC, una firma de inversión global fundada en 1987 por Alec Gores, y por una afiliada de Metropoulos & Co. cuyos directores son Dean, Evan y Daren Metropoulos. Gores Metropoulos II se formó con el propósito de celebrar una fusión, bolsa de valores, adquisición de activos, compra de acciones, reorganización o combinación comercial similar con uno o más negocios. Los señores Gores y Metropoulos tienen en conjunto más de 100 años de experiencia combinada como empresarios, operadores e inversores en diversos sectores, incluidos el industrial, la tecnología, los medios de comunicación y el entretenimiento, los servicios comerciales, la atención médica y los productos y servicios de consumo. A lo largo de sus carreras, los señores Gores y Metropoulos y sus respectivos equipos han invertido en más de 180 empresas de cartera a través de diversos entornos macroeconómicos con una estrategia de inversión coherente y orientada a las operaciones. Para obtener más información, visite www.gores.com. Información adicional y dónde encontrarla En relación con la unión comercial propuesta, Gores Metropoulos II, Inc. (“Gores Metropoulos II”) ha presentado una declaración de inscripción en el formulario S-4 (la “Declaración de inscripción”) que incluye una declaración de representación preliminar, un prospecto y una declaración de solicitud de consentimiento con respecto a los valores de Gores Metropoulos II que se emitirán en relación con la unión comercial propuesta. El Formulario S-4 fue declarado efectivo por la SEC el 22 de diciembre de 2021. La declaración de representación/prospecto/declaración de solicitud de consentimiento definitiva se envió a todos los accionistas de Gores Metropoulos II a partir del 30 de noviembre de 2021, la fecha de registro establecida para votar sobre la combinación de negocios propuesta y los otros asuntos que se votarán en una reunión de Gores. Se convocará a los accionistas de Metropoulos II para aprobar la combinación de negocios propuesta y otros asuntos (la “Asamblea especial”). Gores Metropoulos II puede presentar también otros documentos relativos a la unión comercial propuesta ante la SEC. La declaración de representación/prospecto/declaración de solicitud de consentimiento definitiva contiene información importante sobre la combinación de negocios propuesta y los otros asuntos que se votarán en la Asamblea Especial y no tiene la intención de proporcionar la base para ninguna decisión de inversión ni cualquier otra decisión con respecto a tales asuntos. Los inversores y tenedores de títulos también podrán obtener copias de la declaración de representación definitiva, el prospecto o la declaración de solicitud de consentimiento y todos los demás documentos relevantes presentados o que serán presentados ante la SEC de manera gratuita, una vez que estén disponibles, en el sitio web de la SEC www.sec.gov o mediante el envío de una solicitud a: 6260 Lookout Road, Boulder, CO 80301; Atención: Jennifer Kwon Chou, o póngase en contacto con Morrow Sodali LLC, el solicitante de poderes de Gores Metropoulos II, para obtener ayuda, llamando al número gratuito (800) 662-5200 (los bancos y los corredores pueden llamar a cobro revertido al (203) 658-9400). Participantes en las convocatorias Gores Metropoulos II, Sonder y sus respectivos directores y ejecutivos pueden ser considerados participantes en la solicitud de representación de los accionistas de Gores Metropoulos II con relación a la unión comercial propuesta. Los accionistas de Gores Metropoulos II y otras personas interesadas pueden obtener, sin costo alguno, información más detallada sobre los intereses de dichas personas y de otras personas que puedan ser consideradas participantes en la unión comercial propuesta, al leer la declaración de inscripción de Gores Metropoulos II en el formulario S-1 (archivo n.º 333-251663), que fue declarada efectiva por la SEC el 19 de enero de 2021, y la declaración de representación, el prospecto o la declaración de solicitud de consentimiento relativa a la unión comercial propuesta. Puede obtener copias gratuitas de dichos documentos como se indica en el párrafo anterior. Declaraciones a futuro Este comunicado de prensa contiene una serie de “declaraciones a futuro” dentro del significado de la Ley de Reforma de Litigios sobre Valores Privados (Private Securities Litigation Reform Act) de 1995. Las declaraciones a futuro incluyen, pero no se limitan a, declaraciones sobre el crecimiento de ingresos pronosticado de Sonder (incluida la perspectiva de Sonder para los Ingresos totales y el EBITDA ajustado para el año que finalizó el 31 de diciembre de 2021), el pronóstico de crecimiento de Sonder en las unidades y el flujo de caja (incluido el pronóstico de crecimiento de Sonder en la Cartera total para el año terminado el 31 de diciembre de 2021), información sobre los resultados y métricas financieras u operativas futuras posibles o asumidas de Gores Metropoulos II o Sonder, estrategias comerciales, niveles de deuda, posición competitiva, entorno de la industria, oportunidades de crecimiento potencial, operaciones futuras, productos y servicios, aperturas planificadas, contrataciones de unidades esperadas y los efectos de la regulación, que incluye si la unión comercial propuesta generará retornos para los accionistas. Estas declaraciones a futuro se basan en las expectativas, las estimaciones, las proyecciones y las creencias actuales de la gerencia de Gores Metropoulos II o Sonder, así como en varias suposiciones sobre acontecimientos futuros. Cuando se utilizan en este comunicado de prensa, las palabras “estima”, “proyecta”, “espera”, “anticipa”, “pronostica”, “planea”, “pretende”, “cree”, “busca”, “puede”, “hará”, “debería”, “futuro”, “propone” y las variaciones de estas palabras o expresiones similares (o las versiones negativas de dichas palabras o expresiones) tienen la intención de identificar declaraciones a futuro. Dichas declaraciones a futuro no son garantías de futuro desempeño, condiciones o resultados e implican una serie de riesgos conocidos y desconocidos, incertidumbres, suposiciones y otros factores importantes, muchos de los cuales están fuera del control de la gerencia de Gores Metropoulos II o Sonder, que podrían llevar a que los resultados reales difieran sustancialmente de los resultados analizados en las declaraciones a futuro. Estos riesgos, incertidumbres, suposiciones y otros factores importantes incluyen, entre otros: (a) la ocurrencia de cualquier acontecimiento, cambio u otras circunstancias que pudieran dar lugar a la rescisión del Acuerdo de Fusión (modificado por la Enmienda n.° 1 al Acuerdo y Plan de Fusión, de fecha 27 de octubre de 2021 (“Enmienda n.° 1”)) y de la unión comercial propuesta contemplada en el mismo; (b) la imposibilidad de completar la unión comercial propuesta debido a la no obtención de la aprobación de los accionistas de Gores Metropoulos II o de otras condiciones para el cierre en el Acuerdo de Fusión (modificado por la Enmienda n.° 1); (c) la capacidad de cumplir con las normas de cotización del Nasdaq tras la consumación de la unión comercial propuesta; (d) la incapacidad de completar las transacciones de colocación privada en relación con la combinación de negocios como se describe en la Declaración de inscripción; (e) el riesgo de que la unión comercial propuesta perturbe los planes y operaciones actuales de Sonder o sus filiales como resultado del anuncio y la consumación de las transacciones descriptas en este documento; (f) la capacidad de reconocer los beneficios previstos de la unión comercial propuesta, que puede verse afectada, entre otras cosas, por la competencia, la capacidad de la empresa combinada para crecer y gestionar el crecimiento de forma rentable, mantener las relaciones con los clientes y proveedores y retener a sus directivos y empleados clave; (g) los costos relacionados con la unión comercial propuesta; (h) los cambios en las leyes o reglamentos aplicables, incluidos los desarrollos legales o reglamentarios (como la declaración de la SEC sobre las consideraciones contables y de información para los warrants en las empresas de adquisición con fines especiales); (i) la posibilidad de que Sonder se vea afectada negativamente por otros factores económicos, empresariales o competitivos; (j) los riesgos relacionados con el impacto de la pandemia de COVID-19, incluida la variante Omicron y otras variantes y las posibles restricciones gubernamentales y de otro tipo (incluidas las restricciones de viaje) resultantes; y (k) otros riesgos e incertidumbres descriptos en la declaración final de representación, el prospecto o la declaración de solicitud de consentimiento, incluidos los que figuran en el apartado “Factores de riesgo” de la misma, y otros documentos presentados por Gores Metropoulos II ocasionalmente ante la SEC. Se advierte a los lectores no confiar indebidamente en ninguna de estas declaraciones a futuro, las cuales solo afirman lo dicho a la fecha en que se hicieron. A menos que sea requerido por ley, ni Gores Metropoulos II ni Sonder están obligados a actualizar o revisar sus declaraciones a futuro para reflejar eventos o circunstancias después de la fecha de este comunicado. Los riesgos y las incertidumbres adicionales se identifican y analizan en los informes de Gores Metropoulos II presentados y por presentar ante la SEC y disponibles en el sitio web de la SEC, www.sec.gov. Este comunicado no constituye una oferta ni una solicitud Esta comunicación se refiere a una propuesta de unión comercial entre Gores Metropoulos II y Sonder. Este documento tampoco constituye una oferta de venta o de intercambio, ni la solicitud de oferta de compra o intercambio de valores; tampoco se llevará a cabo la venta de ninguno de los valores en ninguna jurisdicción en que tal oferta, venta o intercambio sea ilegal antes de la inscripción o calificación conforme a las leyes de valores de cualquier jurisdicción. El texto original en el idioma fuente de este comunicado es la versión oficial autorizada. Las traducciones solo se suministran como adaptación y deben cotejarse con el texto en el idioma fuente, que es la única versión del texto que tendrá un efecto legal.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, saw strong demand across its U.S. properties over New Year’s Eve, with Revenue per Available Room increasing more than 10% over New Year’s Eve compared to the same day in 2019, and nearly double 2020 levels. Occupancy rate for New Year’s Eve was over 75%, indicating continued traveler demand for Sonder accommodations despite the Omicron variant. Some of the most popular Sonder locations on New Year’s Eve were warm-weather destinations including Phoenix, San Diego and Dallas. The Continental, featuring expansive windows and private balconies, located in the popular San Diego Little Italy neighborhood, proved to be a top choice. Travelers also flocked to colder destinations like Chicago and Boston, frequently choosing one of Sonder’s newest Boston locations at 907 Main for easy access to local boutiques, restaurants and museums. “Our strong performance over New Year’s Eve shows that despite the ongoing pandemic, demand for Sonder spaces remains strong. Our hospitality model is built around contactless stays in modern, tech-enabled spaces that provide a safe and contained environment for travelers,” said Shruti Challa, Sonder’s Senior Vice President of Revenue. “Today’s travelers want elevated stays that deliver great value and that ultimately give them a large degree of autonomy and control over their stay. Sonder is very well positioned to meet those needs and to respond to new travel trends as they emerge.” In an effort to continuously improve the guest experience, Sonder is piloting dozens of tech and service-driven initiatives across a number of cities. Currently, Sonder is piloting a new mobile keys feature in select markets to enable guests to seamlessly unlock their rooms with one tap through the Sonder app. The company has also chosen specific properties to install private Pelotons in individual units and launch gym partnerships to provide free access to guests. Sonder plans to scale select initiatives across additional markets next year. With Sonder, guests can request early check-in or late check-out directly from their phones, and check-in to their unit through the Sonder app — bypassing crowded lobbies completely. Sonder guests can also receive instant support through the company’s 24/7 Concierge service via the app. Business Combination with Gores Metropoulos II Sonder recently announced that the Registration Statement on Form S-4 filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 7, 2021, as amended by Amendment No. 7 filed on December 20, 2021, was declared effective on December 22, 2021. The Registration Statement was filed in connection with the proposed business combination of Sonder and Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU). A special meeting of Gores Metropoulos II stockholders to approve the business combination will be held on January 14, 2022, at 9:00 a.m. Eastern Time. Sonder’s common stock and public warrants are expected to be listed on Nasdaq under the ticker symbols “SOND” and “SONDW,” respectively, following the closing of the business combination. Upon completion of the business combination, subject to any redemptions by the public stockholders of Gores Metropoulos II and the payment of transaction expenses at the closing, Sonder expects to have approximately $310 million in PIPE proceeds, up to $450 million in cash in Gores Metropoulos II’s trust account, and $165 million of Delayed Draw Notes to fund operations and support new and existing growth initiatives. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Additional Information and Where to Find It In connection with the proposed business combination, Gores Metropoulos II, Inc. (“Gores Metropoulos II”) has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to Gores Metropoulos II’s securities to be issued in connection with the proposed business combination. The Form S-4 was declared effective by the SEC on December 22, 2021. The definitive proxy statement/prospectus/consent solicitation statement was mailed to all Gores Metropoulos II stockholders as of November 30, 2021, the record date established for voting on the proposed business combination and the other matters to be voted upon at a meeting of Gores Metropoulos II’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”). Gores Metropoulos II may also file other documents regarding the proposed business combination with the SEC. The definitive proxy statement/prospectus/consent solicitation statement contains important information about the proposed business combination and the other matters to be voted upon at the Special Meeting and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. Investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/consent solicitation statement and all other relevant documents filed or that will be filed with the SEC without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, Gores Metropoulos II’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation Gores Metropoulos II, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of Gores Metropoulos II stockholders in connection with the proposed business combination. Gores Metropoulos II stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading Gores Metropoulos II’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth and cash flow (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s forecasted growth in units (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning Gores Metropoulos II’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on Gores Metropoulos II‘s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Gores Metropoulos II’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement (as amended by that certain Amendment No. 1 to Agreement and Plan of Merger, dated October 27, 2021 (“Amendment No. 1”)) and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Gores Metropoulos II or other conditions to closing in the Merger Agreement (as amended by Amendment No. 1); (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the private placement transactions in connection with the business combination as described in the Registration Statement; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Omicron and other variants and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by Gores Metropoulos II from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither Gores Metropoulos II nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report. Additional risks and uncertainties are identified and discussed in Gores Metropoulos II’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between Gores Metropoulos II and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO & MONTREAL--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, increased its footprint in Canada in 2021, by opening new properties and contracting hundreds of additional units across Montreal and Toronto. In Montreal, Sonder recently opened the Sonder Saint Paul, a 20-unit hotel in a heritage building in Old Montreal, as well as the Sonder Maisonneuve, a 157-unit new-build property, located in the heart of downtown Montreal. Sonder Maisonneuve hosts fully-equipped studio, 1-bedroom, 2-bedroom and 3-bedroom suites, all with balconies, in-suite laundry and kitchens. Guests also have access to amenities including a rooftop pool, sauna, and gym. Sonder currently operates over 385 units across the city in neighborhoods such as Griffintown and the Plateau and has over 270 additional contracted units across two other properties, including the old Board of Trade building on Saint-Sacrement. The company, originally founded in Montreal, has also established an additional decision-making centre for its global operations in the city and plans to add hundreds of positions into its corporate office on Viger Street. “We’re thrilled to be working with a well-capitalized and reliable partner such as Sonder. Their proven, innovative hospitality model is driving a global guest experience that we feel is the future of hospitality and that was started and built right here in Montreal,” said Richard Rumpf, Vice President of Prime Properties, premier provider of design driven spaces for contemporary needs and the owner of multiple Sonder-operated properties in Montreal. Sonder also continues to expand in Toronto, the largest city in Canada, and recently contracted over 110 units in four additional locations, spread across desired neighborhoods such as the St. Lawrence Market and the Entertainment District. These units are in addition to the over 120 live units across five existing Sonder locations in Toronto. “Canadian cities are international destinations that provide a great mix of contemporary apartment-style and hotel properties that work well in our portfolio,” said Martin Picard, Co-Founder and Global Head of Real Estate at Sonder. “Our offering is oriented towards the modern traveler and emerging traveler subsets such as digital nomads. We look for properties located close to cultural or travel destinations and that are well-suited to design-forward, tech-enabled experiences. While Sonder is a global company now, our roots are in Canada and we plan to continue to grow our presence across the country.” The company also operates a 66-unit property in the West End of Vancouver and is exploring expansion opportunities in Ottawa, Quebec City, Calgary, Banff and Victoria. Headquartered in San Francisco, Sonder operates in 35+ cities across ten countries, and has over 16,000 live and contracted units worldwide. The company partners with real estate owners and landlords to manage and operate hotels and multifamily buildings. Sonder distinguishes itself in the hospitality industry through applying forward thinking design and infusing technology into its properties and guest experience. This tech-enabled experience puts guests in full control of their stay. They can access everything they need – from booking, to interacting with guest services, to check-out – via their own mobile device from anywhere and at any time, using the Sonder app. Business Combination with Gores Metropoulos II Sonder recently announced that the Registration Statement on Form S-4 filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 7, 2021, as amended by Amendment No. 7 filed on December 20, 2021, was declared effective on December 22, 2021. The Registration Statement was filed in connection with the proposed business combination of Sonder and Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU). A special meeting of Gores Metropoulos II stockholders to approve the business combination will be held on January 14, 2022, at 9:00 a.m. Eastern Time. Sonder’s common stock and public warrants are expected to be listed on Nasdaq under the ticker symbols “SOND” and “SONDW,” respectively, following the closing of the business combination. Upon completion of the business combination, subject to any redemptions by the public stockholders of Gores Metropoulos II and the payment of transaction expenses at the closing, Sonder expects to have approximately $310 million in PIPE proceeds, up to $450 million in cash in Gores Metropoulos II’s trust account and $165 million of Delayed Draw Notes to fund operations and support new and existing growth initiatives. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Additional Information and Where to Find It In connection with the proposed business combination, Gores Metropoulos II, Inc. has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to Gores Metropoulos II’s securities to be issued in connection with the proposed business combination. The Form S-4 was declared effective by the SEC on December 22, 2021. The definitive proxy statement/prospectus/consent solicitation statement will be sent to all Gores Metropoulos II stockholders as of November 30, 2021, the record date established for voting on the proposed business combination and the other matters to be voted upon at a meeting of Gores Metropoulos II’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”). Gores Metropoulos II may also file other documents regarding the proposed business combination with the SEC. The definitive proxy statement/prospectus/consent solicitation statement contains important information about the proposed business combination and the other matters to be voted upon at the Special Meeting and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. Investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/consent solicitation statement and all other relevant documents filed or that will be filed with the SEC without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, Gores Metropoulos II’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation Gores Metropoulos II, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of Gores Metropoulos II stockholders in connection with the proposed business combination. Gores Metropoulos II stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading Gores Metropoulos II’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth and cash flow (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s forecasted growth in units (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning Gores Metropoulos II’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on Gores Metropoulos II‘s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Gores Metropoulos II’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement (as amended by that certain Amendment No. 1 to Agreement and Plan of Merger, dated October 27, 2021 (“Amendment No. 1”)) and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Gores Metropoulos II or other conditions to closing in the Merger Agreement (as amended by Amendment No. 1); (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the private placement transactions in connection with the business combination as described in the Registration Statement; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Omicron and other variants and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by Gores Metropoulos II from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither Gores Metropoulos II nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report. Additional risks and uncertainties are identified and discussed in Gores Metropoulos II’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. Disclaimer This communication relates to a proposed business combination between Gores Metropoulos II and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO et MONTRÉAL--(BUSINESS WIRE)--Sonder Holdings Inc. (« Sonder »), une société d’hôtellerie de nouvelle génération qui redéfinit l’expérience client par le biais de la technologie et le design exceptionnel, a élargi son empreinte au Canada en 2021 par l’ouverture de nouveaux emplacements et par la conclusion d’ententes visant des centaines d’unités additionnelles à Montréal et à Toronto. À Montréal, Sonder a récemment procédé à l’ouverture du Sonder Saint-Paul, un hôtel de 20 unités aménagé dans un édifice patrimonial du Vieux-Montréal, ainsi qu’à celle du Sonder Maisonneuve, une nouvelle construction de 157 unités située en plein cœur du centre-ville de Montréal, dans laquelle on retrouve des suites de type studio et des suites d’une, de deux ou de trois chambres entièrement équipées qui disposent toutes d’un balcon, d’une salle de buanderie et d’une cuisine. Les clients ont également accès à des commodités, notamment une piscine sur le toit, un sauna et une salle d'entraînement. À l’heure actuelle, la société exploite plus de 385 unités dans plusieurs quartiers de la ville, notamment dans Griffintown et sur le Plateau, et compte plus de 270 unités additionnelles visées par des ententes dans deux autres emplacements, y compris dans l’immeuble de l’ancien Board of Trade de la rue Saint-Sacrement. La société fondée à Montréal a également établi un nouveau centre décisionnel pour ses activités mondiales et prévoit créer des centaines de nouveaux postes à ses bureaux situés sur la rue Viger. « Nous sommes très enthousiastes à l’idée de travailler en partenariat avec une société bien capitalisée et fiable comme Sonder. Son modèle novateur et éprouvé en matière d’hôtellerie permet d’offrir aux clients à l’échelle mondiale une expérience qui, selon nous, représente l’avenir de l’hôtellerie et qui a été lancée et conçue ici même à Montréal » a commenté Richard Rumpf, vice-président d’Immeubles Prime, un important fournisseur d’espaces axés sur le design répondant aux besoins du monde moderne qui détient également plusieurs immeubles exploités par Sonder à Montréal. Sonder continue également d’accroître ses activités à Toronto, la plus grande ville du Canada, et a récemment conclu des ententes visant plus de 110 unités dans quatre nouveaux emplacements situés dans différents quartiers recherchés de la ville, comme le St. Lawrence Market et le Entertainment District. Ces unités s’ajoutent aux plus de 120 unités annoncées que l’on retrouve dans les cinq emplacements existants de Sonder à Toronto. « Les villes canadiennes sont des destinations internationales où l’on retrouve une combinaison intéressante d’hôtels et d’immeubles contemporains qui s’intègrent bien à notre portefeuille » a indiqué Martin Picard, co-fondateur et responsable mondial de l'immobilier de Sonder. « Notre offre vise les voyageurs modernes et les sous-groupes de voyageurs émergents comme celui des travailleurs nomades. Nous recherchons des immeubles qui sont situés à proximité de destinations culturelles ou touristiques et qui se prêtent bien aux expériences axées sur le design et la technologie. Même si Sonder est devenue une société mondiale, ses racines sont au Canada et nous avons l’intention de continuer d’y accroître sa présence. » La société exploite également un immeuble de 66 unités dans le quartier West End de Vancouver et examine des possibilités d’expansion à Ottawa, Québec, Calgary, Banff et Victoria. Sonder, dont le siège social est situé à San Francisco, exerce des activités dans plus de 35 villes réparties dans dix pays, et compte plus de 16 000 unités opérationnelles et visées par des ententes à travers le monde. La société travaille en partenariat avec des propriétaires d’immeubles et des locateurs afin de gérer et d’exploiter des hôtels et des immeubles. Sonder se distingue de ses concurrents du secteur de l’hôtellerie grâce à une conception avant-gardiste et aux éléments technologiques qu’elle intègre à ses hébergements et à son expérience client. Cette expérience axée sur la technologie permet aux clients d’avoir le plein contrôle de leur séjour. Au moyen de l’application Sonder téléchargée sur leur appareil mobile, ils peuvent avoir accès à tout ce dont ils ont besoin (que ce soit pour la réservation, les communications avec le service aux clients ou les formalités de départ), et ce à tout moment et peu importe où ils se trouvent. Regroupement d’entreprises avec Gores Metropoulos II Sonder a annoncé récemment que la déclaration d’inscription sur formulaire S-4 déposée auprès de la Securities and Exchange Commission des États-Unis (la « SEC ») le 7 juillet 2021, dans sa version modifiée par la modification no 7 déposée le 20 décembre 2021, a été déclaré valide le 22 décembre 2021. La déclaration d’inscription a été déposée dans le cadre du regroupement d’entreprises proposé de Sonder et Gores Metropoulos II, Inc. (Nasdaq : GMII, GMIIW, et GMIIU). Une assemblée extraordinaire des actionnaires de Gores Metropoulos II visant à approuver le regroupement d’entreprises se tiendra le 14 janvier 2022, à 9 h (heure de l’Est). Les actions ordinaires et les bons de souscription publics de Sonder devraient être inscrits à la cote du Nasdaq sous les symboles « SOND » et « SONDW », respectivement, après la clôture du regroupement d’entreprises. À la réalisation du regroupement d’entreprises, sous réserve de tous rachats par les actionnaires publics de Gores Metropoulos II et du paiement des frais liés à l’opération à la clôture, Sonder prévoit disposer d’environ 310 M$ provenant du produit du PPSO, d’au plus 450 M$ en espèces dans le compte en fiducie de Gores Metropoulos II et de 165 M$ de billets à prélèvement différé afin de financer les activités et de soutenir les initiatives de croissance actuelles ou nouvelles. À propos de Sonder Sonder révolutionne le secteur de l’hôtellerie grâce à des services novateurs axés sur la technologie et des lieux d’hébergement inspirants et judicieusement conçus, le tout combiné en toute fluidité. Officiellement lancée en 2014 et établie à San Francisco, Sonder propose des options d’hébergement variées comme des chambres spacieuses et des suites et appartements entièrement équipés dans plus de 35 marchés répartis dans dix pays et sur trois continents. L’application Sonder permet aux clients d’avoir le plein contrôle de leur séjour. Grâce aux fonctions en libre-service, à la procédure d’enregistrement simple et à l’assistance sur place 24 heures sur 24, 7 jours sur 7, tous les clients de Sonder peuvent facilement profiter des commodités et services qu’elle offre, et vivre une expérience d’hébergement des plus agréable. Pour en savoir plus, visitez le site www.sonder.com ou suivez Sonder sur Facebook, Twitter ou Instagram. Téléchargez l’application Sonder sur Apple ou Google Play. À propos de Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq : GMII, GMIIW et GMIIU) est une société d’acquisition à vocation spécifique parrainée par un membre du même groupe que The Gores Group, LLC, une société d’investissement internationale fondée en 1987 par Alec Gores, et par un membre du même groupe que Metropoulos & Co, qui est la propriété de Dean, Evan et Daren Metropoulos. Gores Metropoulos II a été constituée dans le but de conclure une fusion, une opération boursière, une acquisition d’actifs, un achat d’actions, une réorganisation ou un regroupement d’entreprises similaire avec une ou plusieurs entreprises. MM. Gores et Metropoulos ont ensemble plus de 100 ans d’expérience en tant qu’entrepreneurs, exploitants et investisseurs dans divers secteurs, notamment dans le secteur industriel et dans ceux des technologies, des médias et du divertissement, des services aux entreprises, des soins de santé et des produits et services de consommation. Au cours de leurs carrières, MM. Gores et Metropoulos, ainsi que leurs équipes respectives, ont investi dans plus de 180 sociétés de portefeuille dans des environnements macroéconomiques variés, selon une stratégie d’investissement cohérente et axée sur les besoins opérationnels. Pour obtenir de plus amples renseignements, veuillez consulter le site www.gores.com. Renseignements supplémentaires et où les trouver Dans le cadre du regroupement d’entreprises proposé, Gores Metropoulos II, Inc. a déposé une déclaration d’inscription au moyen du formulaire S-4 (la « déclaration d’inscription ») qui comprend une circulaire de sollicitation de procurations provisoire, une déclaration de sollicitation de consentements et un prospectus à l’égard des titres de Gores Metropoulos II devant être émis dans le cadre du regroupement d’entreprises proposé. La SEC a déclaré le formulaire S-4 valide le 22 décembre 2021. La circulaire de sollicitation de procurations, la déclaration de sollicitation de consentements et le prospectus définitifs seront transmis à tous les actionnaires de Gores Metropoulos II en date du 30 novembre 2021, date de clôture des registres déterminée pour le vote sur le regroupement d’entreprises proposé et d’autres questions qui feront l’objet d’un vote lors de l’assemblée des actionnaires de Gores Metropoulos II qui aura lieu en vue d’approuver le regroupement d’entreprises proposé et d’autres questions (l’« assemblée extraordinaire »). Gores Metropoulos II peut également déposer d’autres documents concernant le regroupement d’entreprises proposé auprès de la SEC. La circulaire de sollicitation de procurations, la déclaration de sollicitation de consentements et le prospectus définitifs contiennent de l’information importante sur le regroupement d’entreprises proposé et sur les autres questions qui feront l’objet d’un vote lors de l’assemblée extraordinaire et ils ne sont pas censés fournir le fondement de toute décision en matière de placement ou de toute autre décision à l’égard de telles questions. Les investisseurs et les porteurs de titres pourront également obtenir sans frais des exemplaires de la circulaire de sollicitation de procurations, de la déclaration de sollicitation de consentements et du prospectus définitifs ainsi que de tous les autres documents pertinents déposés ou devant être déposés auprès de la SEC, dès qu’ils seront accessibles, sur le site Web de la SEC à l’adresse www.sec.gov ou en en faisant la demande par la poste au 6260 Lookout Road, Boulder, CO 80301, à l’attention de Jennifer Kwon Chou, ou en communicant avec Morrow Sodali LLC, l’agent de sollicitation de procurations de Gores Metropoulos II. Il est possible d’obtenir de l’aide en appelant au numéro sans frais (800) 662-5200 (les banques et les courtiers peuvent appeler à frais virés au (203) 658-9400). Participants à la sollicitation Gores Metropoulos II, Sonder et leurs administrateurs et membres de la haute direction respectifs pourraient être considérés comme des participants à la sollicitation de procurations des actionnaires de Gores Metropoulos II à l’égard du regroupement d’entreprises proposé. Les actionnaires de Gores Metropoulos II et les autres personnes intéressées peuvent obtenir, sans frais, de plus amples renseignements sur les participations de ces personnes et d’autres personnes qui peuvent être considérées comme des participants au regroupement d’entreprises proposé en consultant la déclaration d’inscription de Gores Metropoulos II effectuée au moyen d’un formulaire S-1 (dossier no 333-251663), que la SEC a déclarée valide le 19 janvier 2021, ainsi que la circulaire de sollicitation de procurations, la déclaration de sollicitation de consentements et le prospectus concernant le regroupement d’entreprises proposé. Il est possible d’obtenir des exemplaires de ces documents sans frais, comme il est indiqué dans le paragraphe précédent. Déclarations prospectives Le présent communiqué de presse contient un certain nombre de « déclarations prospectives » au sens de la loi américaine intitulée Private Securities Litigation Reform Act of 1995. Ces dernières concernent, entre autres, ce qui suit : la croissance prévue des produits et des flux de trésorerie de Sonder (y compris les prévisions de Sonder relativement au produit total et au BAIIA ajusté pour l’exercice se terminant le 31 décembre 2021), la croissance projetée des unités de Sonder (y compris les prévisions de Sonder relativement à la croissance du portefeuille total pour l’exercice se terminant le 31 décembre 2021), les renseignements relatifs aux mesures ou résultats financiers ou d’exploitation futurs éventuels ou présumés de Gores Metropoulos II ou de Sonder, les stratégies commerciales, les niveaux d’endettement, la position concurrentielle, l’environnement sectoriel, les occasions de croissance potentielles, les activités futures, les produits et services, les ouvertures prévues, les attentes concernant la conclusion d’ententes visant des unités et l’incidence de la réglementation, notamment la possibilité que le regroupement d’entreprises proposé dégage un rendement pour les actionnaires. Ces déclarations prospectives sont fondées sur les attentes, les estimations, les projections et les croyances actuelles de la direction de Gores Metropoulos II ou de Sonder, ainsi que sur un certain nombre d’hypothèses quant à des événements futurs. Dans le présent communiqué de presse, les mots « estime », « projeté », « prévoit », « anticipe », « a l’intention de », « croit », « recherche », « peut », « propose » et les variations de ces mots ou d’autres expressions similaires (ou leurs formes négatives) ainsi que l’utilisation du futur ou du conditionnel visent à signaler des déclarations prospectives. Ces déclarations prospectives ne sont pas une garantie de rendement ou d’une conjoncture futurs, et comportent un certain nombre de risques, d’incertitudes, d’hypothèses et d’autres facteurs importants connus et inconnus, plusieurs d’entre eux étant indépendants de la volonté de la direction de Gores Metropoulos II ou de Sonder, qui pourraient faire en sorte que les résultats réels diffèrent considérablement des résultats mentionnés dans les déclarations prospectives. Ces risques, incertitudes, hypothèses et autres facteurs importants comprennent notamment, sans s’y limiter : a) la survenance de tout événement, tout changement ou toute autre circonstance qui pourrait mener à la résiliation de la convention de fusion (dans sa version modifiée par la modification no 1 de la convention et du plan de fusion datée du 27 octobre 2021 (la « modification no 1 »)) et du regroupement d’entreprises proposé envisagé aux termes de celle-ci; b) l’incapacité de réaliser le regroupement d’entreprises proposé en raison du défaut d’obtenir l’approbation des actionnaires de Gores Metropoulos II ou d’autres conditions de clôture prévues dans la convention de fusion (dans sa version modifiée par la modification no 1); c) la capacité de remplir les critères d’inscription du NASDAQ à la suite de la réalisation du regroupement d’entreprises proposé; d) l’incapacité de réaliser le placement privé dans le cadre du regroupement d’entreprises décrit dans la déclaration d’inscription; e) le risque que le regroupement d’entreprises proposé perturbe les activités et les plans actuels de Sonder ou de ses filiales à la suite de l’annonce et de la réalisation des opérations décrites aux présentes; f) la capacité à reconnaître les avantages prévus du regroupement d’entreprises proposé, qui pourraient être touchés, entre autres choses, par la concurrence, la capacité de la société issue du regroupement à croître et à gérer sa croissance de manière rentable, à maintenir des relations avec les clients et les fournisseurs et à retenir les membres de la direction et les employés clés; g) les coûts liés au regroupement d’entreprises proposé; h) les modifications apportées aux lois ou aux règlements applicables, y compris les développements juridiques et réglementaires (comme la déclaration relative aux considérations en matière de comptabilité et de déclarations pour les bons de souscription émis par les sociétés d’acquisition à vocation spécifique); i) la possibilité que Sonder puisse être touchée de façon défavorable par d’autres facteurs économiques, commerciaux et/ou liés à la concurrence; j) les risques liés aux effets de la pandémie de COVID-19, y compris le variant Omicron et d’autres variants, et les restrictions gouvernementales et autres (y compris les restrictions de voyage) qui pourraient en découler; et (k) d’autres risques et incertitudes qui figurent dans la circulaire de sollicitation de procurations, la déclaration de sollicitation de consentements et le prospectus définitifs de Gores Metropoulos II, y compris ceux figurant à la rubrique « Facteurs de risques » de ces documents, et d’autres documents déposés par Gores Metropoulos II à l’occasion auprès de la SEC. Vous êtes priés de ne pas vous fier indûment aux déclarations prospectives, lesquelles ne sont valides qu’au moment où elles sont formulées. Sauf dans la mesure requise par une loi, Gores Metropoulos II et Sonder ne s’engagent aucunement à mettre à jour ou à réviser leurs déclarations prospectives pour tenir compte d’événements ou de circonstances survenus après la date du présent communiqué. Des risques et des incertitudes additionnels sont décrits dans les rapports de Gores Metropoulos II déposés et devant être déposés auprès de la SEC et accessibles sur le site Web de la SEC à l’adresse www.sec.gov. Mise en garde Le présent communiqué porte sur un regroupement d’entreprises proposé entre Gores Metropoulos II et Sonder. Il ne constitue pas une offre de vente ou d’échange ni la sollicitation d’une offre d’achat ou d’échange de titres, et aucune vente de titres ne pourra être réalisée dans un territoire où une telle offre, vente ou échange serait illégal avant leur inscription ou leur admissibilité en vertu des lois sur les valeurs mobilières de ce territoire.

SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder'' or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, and Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW and GMIIU), a special purpose acquisition company formed by affiliates of The Gores Group, LLC, and Metropoulos & Co., today announced that the Registration Statement on Form S-4 filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 7, 2021, as amended by Amendment No. 7 filed on December 20, 2021, was declared effective on December 22, 2021. The registration statement was filed in connection with the proposed business combination of Gores Metropoulos II and Sonder. Gores Metropoulos II has scheduled a special meeting of stockholders to seek the approval of the Agreement and Plan of Merger, dated as of April 29, 2021, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of October 27, 2021 (the “Merger Agreement”). A record date of November 30, 2021 has been set for the determination of stockholders eligible to receive the proxy and vote at the special meeting. Distribution of the definitive proxy statement/prospectus/consent solicitation statement to eligible stockholders will begin in the days following. Voting is easy and can be done in one of two ways: via the virtual meeting platform or by mail. Votes submitted by mail must be received by 9:00 a.m. ET on January 14, 2022. If approved by Gores Metropoulos II’s stockholders, the business combination will become effective upon the satisfaction of all other closing conditions. Gores Metropoulos II’s Board of Directors unanimously recommends that its stockholders vote “FOR” the approval of the Merger Agreement and approval of the transactions contemplated thereby. “We successfully navigated the initial challenges of the pandemic and our momentum has only increased,” said Francis Davidson, Co-Founder and Chief Executive Officer of Sonder. “We’ve hit company-record revenue levels for the last two quarters, raised our total revenue and Adjusted EBITDA outlook for full year 2021, entered multiple new markets across the world and expanded rapidly in existing ones. In the last year alone, we’ve seen shifts in travel preferences and new categories of travelers emerge that choose us for their stays. As travelers demand change, we’ll keep innovating and relentlessly pursuing our mission to revolutionize hospitality and make a world of better stays open to all.” Sonder’s common stock and publicly traded warrants are expected to be listed on the Nasdaq Global Market under the ticker symbols “SOND” and “SONDW”, respectively, following the closing of the business combination. Upon completion of the business combination, subject to any redemptions by the public stockholders of Gores Metropoulos II and the payment of transaction expenses at the closing, Sonder expects to have approximately $310 million in PIPE proceeds, up to $450 million in cash in Gores Metropoulos II’s trust account and $165 million of Delayed Draw Notes to fund operations and support new and existing growth initiatives. Sonder recently reported company-record operating and financial performance during the third quarter of 2021, including a sharp acceleration in booking demand: Total Revenue of $67.5 million, a 155% year-over-year increase and a 43% increase over Q2 2021 $184 Average Daily Rate, a 79% year-over-year increase and a 25% increase over Q2 2021 $126 Revenue per Available Room (“RevPAR”), a 64% year-over-year increase and a 26% increase over Q2 2021 17% RevPAR outperformance versus traditional hotels (upper upscale hotels in cities where Sonder operates), up from a 5% discount to traditional hotels in Q3 2019 (pre-pandemic) The Company also raised its FY 2021 Revenue and Adjusted EBITDA Outlook. Details of the Special Meeting A special meeting in lieu of the 2022 annual meeting of the stockholders of Gores Metropoulos II (the “Special Meeting”) will be held on January 14, 2022, at 9:00 a.m. Eastern Time. The Stockholders can access the Special Meeting via live webcast at https://meetnow.global/MKUCQ2D. Please note that Gores Metropoulos II stockholders will only be able to access the Special Meeting by means of remote communication. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Sonder’s Use of Non-GAAP Financial Measures Sonder supplements its consolidated financial statements presented in accordance with generally accepted accounting principles in the United States (“GAAP”), by providing additional financial measures that are not prepared in accordance with GAAP, including Property Level Costs, Property Level Profit (Loss) and Adjusted EBITDA. Sonder believes that the disclosure of these non-GAAP financial measures provides investors with additional information that reflects the amounts and financial basis upon which Sonder’s management assesses and operates its business. Sonder’s definition may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. These non-GAAP financial measures should not be viewed in isolation or as a substitute for, or superior to, measures prepared in accordance with GAAP. Key Terms Sonder defines Occupancy Rate (“OR”) as Occupied Nights divided by Bookable Nights, expressed as a percentage. Bookable Nights represent the total number of nights available for stays across all Live Units. This excludes nights lost to full building closures of greater than 30 nights. Occupied Nights represents the total number of nights occupied across all Live Units. Revenue Per Available Room (“RevPAR”) represents the average revenue earned per available night, and is calculated either by dividing revenue by Bookable Nights, or by multiplying Average Daily Rate by Occupancy Rate. Average Daily Rate (“ADR”) represents the average revenue earned per night occupied and is calculated as revenue divided by Occupied Nights. Additional Information and Where to Find It In connection with the proposed business combination, Gores Metropoulos II, Inc. has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to Gores Metropoulos II’s securities to be issued in connection with the proposed business combination. The Form S-4 was declared effective by the SEC on December 22, 2021. When available, the definitive proxy statement/prospectus/consent solicitation statement will be mailed to Gores Metropoulos II stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at the Special Meeting. Investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/consent solicitation statement and all other relevant documents filed or that will be filed with the SEC without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, Gores Metropoulos II’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation Gores Metropoulos II, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of Gores Metropoulos II stockholders in connection with the proposed business combination. Gores Metropoulos II stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading Gores Metropoulos II’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth and cash flow (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s forecasted growth in units (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning Gores Metropoulos II’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on Gores Metropoulos II‘s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Gores Metropoulos II’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement (as amended by that certain Amendment No. 1 to Agreement and Plan of Merger, dated October 27, 2021 (“Amendment No. 1”)) and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Gores Metropoulos II or other conditions to closing in the Merger Agreement (as amended by Amendment No. 1); (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the private placement transactions in connection with the business combination as described in the Registration Statement; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Omicron and other variants and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by Gores Metropoulos II from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither Gores Metropoulos II nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report. Additional risks and uncertainties are identified and discussed in Gores Metropoulos II’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. Disclaimer This communication relates to a proposed business combination between Gores Metropoulos II and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder'' or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, and Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW and GMIIU), a special purpose acquisition company formed by affiliates of The Gores Group and Metropoulos & Co., announced strategic amendments to the terms of their previously announced definitive agreement (the “Merger Agreement”) to combine. These amendments and associated incremental investments by leading institutional investors to adapt to current market conditions strongly position Sonder for long-term growth, and underscore Sonder’s and Gores Metropoulos II’s collective commitment to driving long-term value creation for all stockholders. As part of the amended terms of the transaction, the combined company’s implied pro forma enterprise value will be $1.925 billion. Sonder will receive approximately $110 million in additional capital from affiliates of Gores Metropoulos II and other leading investors, including Fidelity Management & Research LLC, funds and accounts managed by BlackRock, Atreides Management, LP, and Senator Investment Group (the “New PIPEs”), in addition to the $200 million previously announced PIPE (the “Existing PIPE”). Moreover, Sonder has signed a non-binding term sheet for Delayed Draw Notes of $220 million with existing PIPE investors, to be available following the closing of the proposed business combination, which enables the Company to fund its growth over the next several years. “Sonder continues to generate impressive results amid the ongoing recovery of the travel industry and is well positioned for future growth given their unique value proposition. We strongly believe that Sonder is the hospitality brand of tomorrow and have high conviction that the company will continue to grow, which is why we are increasing our initial investment,” said Alec Gores, Chairman and CEO of The Gores Group and CEO of Gores Metropoulos II. “In response to evolving market dynamics, we are also amending the terms of our merger agreement, reflecting our commitment to driving long-term value creation, transparency and stockholder alignment in this high-performing and innovative business.” “We continue to see a rebound in leisure travel, and we are aggressively pursuing our expansion plans and capturing significant consumer demand. We reported company-record quarterly revenue in Q2 and are eager to pursue continued growth,” said Francis Davidson, Co-Founder and CEO of Sonder. “We’re thrilled to have a committed and creative partner in Gores and the amendments, and incremental investment announced today will allow us to pursue our ambitious growth and expansion strategy in full force. In the past year alone, we’ve launched in three additional countries and expanded our operations in dozens of other markets, and we expect to continue to scale our business and innovate to adapt to the needs of emerging traveler segments like digital nomads.” Sonder recently announced its entry into France with the opening of a property in Paris near the iconic Champs-Élysées, as well as large expansions of its operations in the Middle East and Mexico. The Company also launched a corporate travel offering, opening its doors to even more business travelers and continues to grow its extended stays offering to capture new traveler groups. Transaction Details The amended terms revise the combined company’s pro forma enterprise value to $1.925 billion. As part of the proposed business combination, the Company will receive approximately $110 million in incremental capital from affiliates of Gores Metropoulos II and other leading investors including Fidelity Management & Research Company LLC, funds and accounts managed by BlackRock, Atreides Management, LP, and Senator Investment Group pursuant to the New PIPEs, in addition to the $200 million Existing PIPE, which continues to be led by affiliates of Gores Metropoulos II, with participation from top-tier institutional investors including Fidelity Management & Research Company LLC, funds and accounts managed by BlackRock, Atreides Management, LP, funds and accounts managed by Principal Global Investors, LLC, and Senator Investment Group. Additionally, the Company has put in place a non-binding term sheet for Delayed Draw Notes of $220 million with existing PIPE investors, to be available following closing of the proposed business combination. Subject to any redemptions by the public stockholders of Gores Metropoulos II and the payment of transaction expenses at the closing, the $200 million in Existing PIPE proceeds and approximately $110 million in proceeds from the New PIPEs will be used together with up to $450 million in cash in Gores Metropoulos II’s trust account and Delayed Draw Notes of $220 million to fund operations and support new and existing growth initiatives. Additionally, the parties agreed to extend the Merger Agreement end date from October 28, 2021 to January 31, 2022 after which Gores Metropoulos II and Sonder would have the right to terminate the Merger Agreement if the proposed business combination has not been consummated by January 31, 2022. The proposed business combination remains on track to close in the second half of 2021, subject to approval by Gores Metropoulos II’s stockholders and other customary closing conditions. Advisors Goldman Sachs & Co. LLC is serving as exclusive financial advisor to Sonder. Wilson Sonsini Goodrich & Rosati, P.C. is serving as legal advisor to Sonder. Morgan Stanley & Co. LLC is serving as lead financial advisor and Deutsche Bank Securities Inc. and Citigroup are serving as capital markets advisors to Gores Metropoulos II. Moelis & Company LLC acted as additional financial advisor to Gores Metropoulos II. Weil, Gotshal & Manges LLP is serving as legal advisor to Gores Metropoulos II. Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup and Deutsche Bank Securities Inc. are serving as joint lead placement agents on the Existing PIPE. Latham & Watkins LLP is serving as legal advisor to the co-placement agents. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Forward-Looking Statements This document may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning Gores Metropoulos II’s or Sonder’s possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities and the effects of regulation, including whether this proposed Business Combination will generate returns for stockholders. These forward-looking statements are based on Gores Metropoulos II’s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Gores Metropoulos II’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement (as amended by that certain Amendment No. 1 to Agreement and Plan of Merger, dated as of October 27, 2021, by and among Gores Metropoulos II, Sonder and the other parties to the Merger Agreement (such amendment, “Amendment No. 1”)) and the proposed Business Combination contemplated thereby; (b) the inability to complete the proposed Business Combination due to the failure to obtain approval of the stockholders of Gores Metropoulos II or other conditions to closing in the Merger Agreement (as amended by Amendment No. 1); (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed Business Combination; (d) the inability to complete the Existing PIPE or the New PIPEs; (e) the risk that the proposed Business Combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed Business Combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s recently released statement on accounting and reporting considerations for warrants in SPACs) which could result in the need for Gores Metropoulos II to restate its historical financial statements and cause unforeseen delays in the timing of the Business Combination and negatively impact the trading price of Gores Metropoulos II’s securities and the attractiveness of the Business Combination to investors; (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) the inability of Sonder to enter into definitive documentation with respect to the Delayed Draw Notes prior to closing, and (k) other risks and uncertainties indicated from time to time in the final prospectus of Gores Metropoulos II, including those under “Risk Factors” therein, and other documents filed or to be filed with the Securities and Exchange Commission (“SEC”) by Gores Metropoulos II. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Forward-looking statements included in this document speak only as of the date of this document. Except as required by law, neither Gores Metropoulos II nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in Gores Metropoulos II’s reports filed with the SEC and available at the SEC’s website at www.sec.gov. Additional Information and Where to Find It Additional information about the proposed Business Combination, including a copy of Amendment No. 1, will be provided in a Current Report on Form 8-K which will be filed by Gores Metropoulos II with the SEC and will also be available at www.sec.gov. In connection with the proposed Business Combination, Gores Metropoulos II has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, consent solicitation statement and prospectus with respect to Gores Metropoulos II’s securities to be issued in connection with the proposed Business Combination that also constitutes a preliminary prospectus of Gores Metropoulos II and will mail a definitive proxy statement/consent solicitation statement/prospectus and other relevant documents to its stockholders. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/consent solicitation statement/prospectus contained therein, when it is declared effective by the SEC, will contain important information about the proposed Business Combination and the other matters to be voted upon at a meeting of Gores Metropoulos II’s stockholders to be held to approve the proposed Business Combination and other matters (the “Special Meeting”) and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. Gores Metropoulos II stockholders and other interested persons are advised to read, when available, the Registration Statement and the proxy statement/consent solicitation statement/prospectus, as well as any amendments or supplements thereto, because they will contain important information about the proposed Business Combination. When available, the definitive proxy statement/consent solicitation statement/prospectus will be mailed to Gores Metropoulos II stockholders as of a record date to be established for voting on the proposed Business Combination and the other matters to be voted upon at the Special Meeting. Gores Metropoulos II stockholders will also be able to obtain copies of the definitive proxy statement/consent solicitation statement/prospectus, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, the Company’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation Gores Metropoulos II, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of Company stockholders in connection with the proposed Business Combination. Gores Metropoulos II stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of Gores Metropoulos II in Gores Metropoulos II’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Gores Metropoulos II stockholders in connection with the proposed Business Combination and other matters to be voted upon at the Special Meeting will be set forth in the Registration Statement for the proposed Business Combination when available. Additional information regarding the interests of participants in the solicitation of proxies in connection with the proposed Business Combination will be included in the Registration Statement that Gores Metropoulos II intends to file with the SEC. Disclaimer This communication is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the proposed Business Combination or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (« Sonder »), une entreprise hôtelière de nouvelle génération de premier plan qui redéfinit l’expérience client grâce à la technologie et au design, pose ses valises en France. Pour son arrivée dans l’Hexagone, Sonder vient d’inaugurer le Sonder Atala, un ensemble en gérance de 48 suites à deux pas des Champs-Élysées, dont plusieurs avec vue sur la Tour Eiffel ou sur le Sacré-Cœur. Pour superviser sa gestion et son expansion en France, Sonder a récemment recruté son Directeur Général pour la France, Jean-Charles Denis. Jean-Charles Denis a plus de vingt ans d’expérience dans le secteur de l’hôtellerie en Europe, ayant notamment occupé les fonctions de Directeur d’Exploitation France d’Interstate Hotels & Resorts, et différents postes de direction — finance, ventes et exploitation — chez InterContinental Hotels Group. Il sera également chargé du développement de Sonder dans la capitale et dans d’autres villes en France. « La France est l’une des premières destinations touristiques au monde, et constitue un incontournable pour tous les grands groupes hôteliers d’envergure mondiale. De plus et compte tenu de nos racines québécoises (Montréal), la France a pour nous une signification culturelle particulière, c’est pourquoi nous sommes particulièrement heureux d’arriver dans ce pays, à quelques pas de l’une des avenues les plus prestigieuses et les plus emblématiques au monde » a déclaré Martin Picard, Co-fondateur et Directeur Immobilier Monde. « Nous maintenons un rythme accéléré de développement en Europe, en Amérique du Nord et au Moyen-Orient. La France est le dixième pays d’implantation de Sonder, et nous allons continuer à approfondir nos relations avec les parties prenantes des lieux où nous nous installons. » Sonder a déjà rencontré plusieurs responsables publics en France, et a notamment été reçu à la Mairie de Paris par l’adjoint à la Maire de Paris en charge du tourisme, Frédéric Hocquard, qui a salué en Sonder l’arrivée d’un nouveau prestataire hôtelier à Paris. « Nous sommes très heureux d’accueillir un nouveau prestataire sur le marché du tourisme à Paris dans le huitième arrondissement, avec un projet de qualité qui réconcilie préservation du patrimoine et nouvelles attentes des touristes internationaux » a déclaré quant à elle Jeanne d’Hauteserre, Maire du 8e arrondissement de Paris. « En cette période difficile pour le secteur du tourisme, je me réjouis d’accueillir Sonder, qui a choisi de s’installer dans ma circonscription, près de l’avenue des Champs-Élysées. Ce projet contribue à l’économie locale, tout en renforçant l’offre touristique avec une expérience numérique sophistiquée » a déclaré Sylvain Maillard, député de la 1ère circonscription de Paris. Basé à San Francisco, Sonder propose quelque 15 000 hébergements dans plus de 35 villes, couvrant dix pays. Véritable partenaire des propriétaires de murs, la société prend à bail hôtels et immeubles d’appartements qu’elle décore, gère et exploite. Sonder se distingue dans le secteur de l’hôtellerie, par une conception du design en avance sur son temps, et une offre de numérisation de l’expérience client. Cette offre s’appuie sur les technologies pour mettre le client aux commandes de son séjour. Un simple téléphone portable lui suffit pour accéder à toutes ses demandes d’où qu’il soit et à tout moment, depuis la réservation jusqu’au check-out, en passant par un éventail complet de services, le tout grâce à l’application Sonder. À quelques enjambées des grandes attractions touristiques de la capitale, telles que l’Arc de Triomphe, l’hôtel Sonder Atala s’enorgueillit d’une atmosphère art déco mettant en exergue l’art contemporain dans un ensemble parfait. Un jardin dissimulé ainsi qu’une terrasse sont à la disposition des clients qui s’y reposeront dans un décor unique aussi confortable qu’accueillant, inspiré des yourtes. S’offrent aussi à la contemplation les œuvres d’artistes contemporains reconnus, tels la céramiste brésilienne Lisa Pappon, le photographe Mathieu Detaint et d’autres Français comme Deborah Sportes ou le sculpteur Jean-Pierre Moscovino. L’arrivée de Sonder en France suit la récente annonce d’un projet d’introduction en bourse à travers un rapprochement avec Gores Metropoulos II (Nasdaq : GMIIU, GMII et GMIIW). La société a, également, fait part de son implantation récente au Moyen-Orient et au Mexique. Pour plus d’informations sur les opportunités de partenariat immobilier avec Sonder, merci de nous contacter à l’adresse partners@sonder.com. À propos de Sonder Sonder révolutionne l’hospitalité grâce à un service innovant basé sur la technologie et à des hébergements inspirants et soigneusement conçus, le tout formant une expérience transparente. Créé en 2014 et basé à San Francisco, Sonder propose une variété d’options d’hébergement — des chambres spacieuses aux suites et appartements entièrement équipés — dans plus de 35 marchés couvrant dix pays et trois continents. L’application Sonder donne aux clients un contrôle total sur leur séjour. Avec des fonctionnalités en libre-service, un enregistrement simple et une assistance sur le terrain 24h/24 et 7j/7, les équipements et services de Sonder sont à portée de main, créant un monde de séjours meilleurs ouvert à tous. Pour en savoir plus, visitez www.sonder.com ou suivez Sonder sur Facebook, Twitter ou Instagram. Téléchargez l’application Sonder sur Apple ou Google Play. Autres informations disponibles Des informations supplémentaires sur le projet de regroupement d’entreprises entre Sonder et Gores Metropoulos II, Inc. (« GMII »), y compris une copie de l’accord de fusion, fournie dans un rapport courant sur formulaire 8-K déposé par GMII auprès de la Securities and Exchange Commission (« SEC ») aux États-Unis le 30 avril 2021, ainsi qu’une copie d’une présentation aux investisseurs mise à jour, fournie dans un rapport courant sur formulaire 8-K déposé par GMII auprès de la SEC le 7 juillet 2021, sont disponibles sur www.sec.gov. Dans le cadre du projet de regroupement d’entreprises, GMII a déposé une déclaration d’enregistrement sur le formulaire S-4 (la « déclaration d’enregistrement ») qui comprend une déclaration de procuration, un prospectus et une déclaration de sollicitation de consentement préliminaires concernant les valeurs mobilières de GMII à émettre dans le cadre du projet de regroupement d’entreprises. La déclaration d’enregistrement n’a pas encore pris effet. Une fois déclarée en vigueur par la SEC, la déclaration d’enregistrement, y compris la déclaration de procuration/le prospectus/la déclaration de sollicitation de consentement qu’elle contient, comportera des informations importantes sur le projet de regroupement d’entreprises et les autres questions soumises au vote lors d’une assemblée des actionnaires de GMII devant se tenir aux fins d’approuver lesdits projets de regroupement d’entreprises et autres questions (l’« Assemblée extraordinaire »). Elle n’est pas destinée à servir de base à une décision d’investissement ni à toute autre décision concernant ces questions. GMII peut également déposer d’autres documents concernant le projet de regroupement d’entreprises auprès de la SEC. Il est conseillé aux actionnaires de GMII et aux autres personnes intéressées de lire la déclaration d’enregistrement et la déclaration de procuration/le prospectus/la déclaration de sollicitation de consentement, ainsi que toute modification ou tout supplément desdits documents, dès que ces derniers seront disponibles, car ils contiendront des informations importantes sur le projet de regroupement d’entreprises. Dès que la déclaration de procuration/le prospectus/la déclaration de sollicitation de consentement définitifs seront disponibles, ils seront envoyés par la poste aux actionnaires de GMII, à une date d’inscription à convenir aux fins du vote sur le projet de regroupement d’entreprises et les autres questions soumises au vote lors de l’Assemblée extraordinaire. Les investisseurs et les porteurs de titres de GMII pourront également obtenir des copies de la déclaration de procuration/du prospectus/de la déclaration de sollicitation de consentement définitifs, sans frais, dès que ces documents seront disponibles, sur le site Web de la SEC à l’adresse : www.sec.gov ou en adressant une demande à : 6260 Lookout Road, Boulder, CO 80301, à l’attention de : Jennifer Kwon Chou, ou en contactant Morrow Sodali LLC, en charge de la sollicitation des procurations auprès de GMII. Pour tout renseignement, un numéro gratuit est à votre disposition : (800) 662-5200 (les banques et les courtiers peuvent appeler en PCV au (203) 658-9400). Participants à la sollicitation GMII, Sonder et leurs administrateurs et dirigeants respectifs peuvent être considérés comme des participants à la sollicitation de procurations des actionnaires de GMII en relation avec le projet de regroupement d’entreprises. Les actionnaires de GMII et autres personnes intéressées peuvent obtenir gratuitement des informations plus détaillées concernant les intérêts de ces personnes et de celles pouvant être considérées comme des participants au projet de regroupement d’entreprises en lisant la déclaration d’enregistrement de GMII sur le formulaire S-1 (dossier n° 333-251663), qui a été déclarée en vigueur par la SEC le 19 janvier 2021, et la déclaration de procuration/le prospectus/la déclaration de sollicitation de consentement concernant le projet de regroupement d’entreprises. Vous pouvez obtenir des copies gratuites de ces documents comme décrit dans le paragraphe précédent. Déclarations prospectives Le présent communiqué de presse contient un certain nombre de « déclarations prospectives », au sens de la Private Securities Litigation Reform Act de 1995. Les déclarations prospectives comprennent, entre autres, des déclarations concernant les prévisions de croissance du chiffre d’affaires de Sonder (y compris les perspectives de Sonder concernant le chiffre d’affaires total et l’EBITDA ajusté pour l’exercice clos le 31 décembre2021), la croissance du portefeuille total de chambres de Sonder (y compris les prévisions de ce dernier concernant la croissance du portefeuille total pour l’exercice clos le 31 décembre 2021), des informations concernant les futurs chiffres financiers ou résultats d’exploitation, possibles ou supposés, de GMII ou de Sonder, les stratégies commerciales, les niveaux d’endettement, la position concurrentielle, l’environnement industriel, les opportunités de croissance potentielles, les opérations futures, les produits et services, les ouvertures prévues, le nombre attendu de chambres sous contrat et les effets de la réglementation, y compris le rendement éventuel généré par le projet de regroupement d’entreprises pour les actionnaires. Ces déclarations prospectives sont basées sur les attentes, estimations, projections et opinions actuelles de GMII ou de Sonder, ainsi que sur un certain nombre d’hypothèses concernant des événements futurs. Lorsqu’ils sont utilisés dans le présent communiqué de presse, les mots « estimer », « faire des projections », « s’attendre à », « anticiper », « prévoir », « planifier », « avoir l’intention de », « croit », « recherche », « peut », « va », « devrait », « futur », « propose » ainsi que les termes qui en découlent ou expressions similaires (ou ces mêmes mots ou expressions à la forme négative) visent à identifier des déclarations prospectives. Ces déclarations prospectives ne constituent pas des garanties quant aux performances, à la situation ou aux résultats futurs, et impliquent un certain nombre de risques, d’incertitudes, d’hypothèses et d’autres facteurs importants connus et inconnus, dont beaucoup sont indépendants de la volonté de GMII ou de la direction de Sonder, de sorte que les résultats réels peuvent différer sensiblement de ceux évoqués dans les déclarations prospectives. Ces risques, incertitudes, hypothèses et autres facteurs importants comprennent notamment : (a) la survenance de tout événement, changement ou autre circonstance susceptible d’entraîner la résiliation de l’accord de fusion et du regroupement d’entreprises envisagé dans les présentes ; (b) l’incapacité à réaliser le projet de regroupement d’entreprises, faute d’avoir obtenu l’approbation des actionnaires de GMII, ou d’autres conditions relatives au closing, précisées dans l’accord de fusion ; (c) la capacité à répondre aux normes de cotation du Nasdaq après la réalisation du projet de regroupement d’entreprises ; (d) l’incapacité à finaliser le placement privé en actions (Private investment in public equity, PIPE) ; (e) le risque que le projet de regroupement d’entreprises perturbe les plans et opérations actuels de Sonder ou de ses filiales à la suite de l’annonce et de la réalisation des transactions décrites dans les présentes ; (f) la capacité à reconnaître les avantages anticipés du projet de regroupement d’entreprises, qui peuvent être affectés, entre autres, par la concurrence, la capacité de la société issue du regroupement à se développer et à gérer sa croissance de manière rentable, à maintenir des relations avec ses clients et fournisseurs et à conserver son personnel d’encadrement et ses collaborateurs clés ; (g) les coûts liés au projet de regroupement d’entreprises ; (h) les modifications des lois ou réglementations applicables, y compris les évolutions juridiques ou réglementaires (comme la déclaration de la SEC sur la comptabilisation et le reporting des bons de souscription (warrants) dans les sociétés d’acquisition ad hoc) ; (i) la possibilité que Sonder soit affectée par d’autres facteurs économiques, commerciaux et/ou concurrentiels ; (j) les risques liés à l’impact de la pandémie de Covid-19, y compris le variant Delta, et les éventuelles restrictions gouvernementales et autres (y compris les restrictions de voyage) qui en découlent ; et (k) d’autres risques et incertitudes décrits dans la déclaration de procuration/le prospectus/la déclaration de sollicitation de consentement définitifs, dont ceux énoncés sous la rubrique « Facteurs de risque », et dans d’autres documents déposés par GMII, de temps à autre, auprès de la SEC. Nous vous invitons à ne pas vous fier indûment aux déclarations prospectives, qui ne sont valables qu’à la date de leur formulation. Sauf exigence légale, GMII et Sonder rejettent toute obligation de mise à jour ou de révision de leurs déclarations prospectives à la suite d’événements ou de circonstances intervenant après la date du présent communiqué. Des risques et incertitudes supplémentaires sont identifiés et analysés dans les rapports de GMII déposés et à déposer auprès de la SEC et disponibles sur le site Web de la SEC à l’adresse : www.sec.gov. Ni offre ni sollicitation Le présent communiqué de presse concerne un projet de regroupement d’entreprises entre GMII et Sonder. Ce document ne constitue pas une offre de vente ou d’échange, ni une sollicitation d’offre d’achat ou d’échange, de valeurs mobilières, quelles qu’elles soient. Aucune vente de valeurs mobilières n’aura lieu dans une quelconque juridiction dans laquelle une telle offre, une telle vente ou un tel échange seraient illégaux avant son enregistrement ou sa qualification en vertu des lois sur les valeurs mobilières d’une telle juridiction.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has expanded into France. Sonder recently launched inaugural operations in the country with the management of the Sonder Atala, a 48-unit property located steps from the iconic Champs-Elysées in Paris. The property also features several suites with views of the Eiffel Tower and the Sacré-Cœur Basilica. To oversee Sonder’s hospitality operations and expansion in France, the company also recently appointed Jean-Charles Denis as General Manager for France. Denis brings several decades of experience in the European hospitality industry, including holding the position of Chief Operating Officer for Interstate Hotels & Resorts, as well as executive roles in finance, commercial and operations functions at Intercontinental Hotels Group. He will also spearhead Sonder’s ongoing expansion in both Paris and additional cities in France. “France is one of the world’s premier tourist destinations and a must for all global hospitality companies. With the roots of our company in Montreal, France also holds a special cultural significance for us and we’re thrilled to make our entry into this country with a property steps from one of the most renown and iconic avenues,” said Martin Picard, Co-Founder and Global Head of Real Estate. “We continue to pursue aggressive expansion in Europe, North America and the Middle East. France marks the tenth country where Sonder operates and we look forward to continuing to deepen our relationships with local stakeholders in France.” Sonder has met with a number of local stakeholders, including an introductory meeting at Paris City Hall with the Deputy Mayor in charge of Tourism, Frederic Hocquard, who welcomed the arrival of Sonder as a new hospitality provider to Paris. "We are delighted to welcome a new provider to the Paris tourist market in the 8th arrondissement/district, with a quality project that reconciles heritage preservation with the new expectations of international tourists," said Jeanne D'Hauteserre, Mayor of the 8th district of Paris. "In these difficult times for the tourism sector, I am pleased to welcome Sonder, which has chosen to set up in my constituency, near the Champs-Elysées Avenue. This project contributes to the local economy as well as the strengthening of the tourism offer and allows for a sophisticated digital experience,” said Sylvain Maillard, Member of the National Assembly for Paris. Headquartered in San Francisco, Sonder operates in 35+ cities across ten countries, and has approximately 15,000 live and contracted units worldwide. The company partners with real estate owners and landlords to lease hotel and apartment buildings and designs, manages and operates them. Sonder distinguishes itself in the hospitality industry through forward thinking design and by infusing technology into its guest experience. This tech-enabled experience puts guests in full control of their stay. They can access everything they need – from booking, to interacting with guest services, to check-out – via their own mobile device from anywhere and at any time, using the Sonder app. The Sonder Atala Paris is located minutes from major tourist attractions, including the Arc de Triomphe, and boasts an art deco atmosphere with an emphasis on contemporary artwork throughout the property. A hidden garden and terrace are also available for guests to use, boasting comfortable and inviting seating in unique, modern yurt designs. The hotel also features work from notable contemporary artists including Lisa Pappon, a Brazilian ceramic artist, French photographer Mathieu Detaint, French artist Deborah Sportes, French sculptor Jean-Pierre Moscovino, among others. Sonder’s expansion into France follows the recent news of the Company’s plans to be publicly listed through a business combination with Gores Metropoulos II (Nasdaq: GMIIU, GMII and GMIIW). The company also recently announced expansions of its operations in the Middle East and Mexico. To explore Sonder real estate partnership opportunities, please contact partners@sonder.com. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. Additional Information and Where to Find It Additional information about the proposed business combination between Sonder and Gores Metropoulos II, Inc. (“GMII”), including a copy of the Merger Agreement provided in a Current Report on Form 8-K filed by GMII with the SEC on April 30, 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July 7, 2021, is available at www.sec.gov. In connection with the proposed business combination, GMII has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to GMII’s securities to be issued in connection with the proposed business combination. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/prospectus/consent solicitation statement contained therein, when it is declared effective by the SEC, will contain important information about the proposed business combination and the other matters to be voted upon at a meeting of GMII’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”) and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. GMII may also file other documents regarding the proposed business combination with the SEC. GMII stockholders and other interested persons are advised to read, when available, the Registration Statement and the proxy statement/prospectus/consent solicitation statement, as well as any amendments or supplements thereto, because they will contain important information about the proposed business combination. When available, the definitive proxy statement/prospectus/consent solicitation statement will be mailed to GMII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at the Special Meeting. GMII investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/consent solicitation statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, GMII’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation GMII, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of GMII stockholders in connection with the proposed business combination. GMII stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading GMII’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s growth in total unit portfolio (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning GMII’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on GMII’s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside GMII’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of GMII or other conditions to closing in the Merger Agreement; (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the PIPE; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Delta variant and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by GMII from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither GMII nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in GMII’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between GMII and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), empresa líder en hotelería de nueva generación que está redefiniendo la experiencia de los huéspedes a través de la tecnología y el diseño, ha designado a Gilda Perez-Alvarado para la Junta Directiva. Perez-Alvarado presta actualmente servicio como directora ejecutiva global de Hotels & Hospitality Group en JLL, una firma de servicios profesionales líder en gestión de bienes raíces e inversiones, donde es responsable de las ventas de inversiones, las colocaciones de deuda y capital, el asesoramiento estratégico y la gestión de activos en las Américas, Europa, Oriente Medio y África, y Asia Pacífico. Gilda también es miembro de la Junta de Asesoramiento de Qiddiya, un proyecto giga del Fondo de Inversión Pública en Arabia Saudita, forma parte de la Junta de Asesoramiento del Decano de la Escuela de Administración Hotelera de Cornell y es miembro activo de la Junta de Asesoramiento de Financiación Inmobiliaria de la Industria (Industry Real Estate Financing Advisory Council, IREFAC). “Gilda ha impulsado transacciones de bienes raíces para algunos de los activos más icónicos en hotelería. A lo largo de su carrera ha estado trabajado a nivel global y tiene un profundo conocimiento de la dinámica del mercado local en muchas regiones del mundo. Su espíritu emprendedor, su red global y su conocimiento experto de nuestra industria serán ventajas a medida que continuamos expandiéndonos de manera agresiva. Nos emociona dar la bienvenida a Gilda a nuestra Junta Directiva”, expresó Francis Davidson, cofundador y director ejecutivo de Sonder y presidente de la Junta. “Sonder se ha convertido en un actor tan innovador en el sector de la hotelería en un corto período, al acumular una cartera global de propiedades increíbles y aprovechar la tecnología para redefinir la experiencia de los huéspedes. Me siento encantada de unirme a Sonder en esta importante fase del viaje de la empresa y de trabajar junto con el equipo de dirección mientras construyen la cartera de Sonder complementada con un enfoque PropTech”, indicó Perez-Alvarado. La designación de Perez-Alvarado a la Junta Directiva de Sonder viene luego de que la compañía anunciara recientemenmte los planes para cotizar públicamente a través de una combinación con Gores Metropoulos II, Inc. (Nasdaq: GMIIU, GMII y GMIIW) y es la más reciente de una serie de designaciones para la Junta. La empresa también elevó recientemente sus perspectivas de ingresos para 2021, dado el rendimiento superior en la primera mitad del año y el rápido crecimiento de su cartera de suministros. Acerca de Sonder Sonder está revolucionando la hotelería a través de un servicio innovador y tecnológico y un alojamiento inspirador y cuidadosamente diseñado que se combina en una experiencia perfecta. Lanzada en 2014 y con sede en San Francisco, Sonder ofrece una variedad de opciones de alojamiento, desde amplias habitaciones hasta suites y apartamentos totalmente equipados, que se encuentran en más de 35 mercados que abarcan nueve países y tres continentes. La aplicación de Sonder ofrece a los huéspedes un control total de su estadía. Con funciones de autoservicio, un registro sencillo y asistencia in situ las 24 horas del día, las comodidades y los servicios de Sonder están a un solo toque, lo que hace que un mundo de mejores estadías esté al alcance de todos. Para obtener más información, visite www.sonder.com o siga a Sonder en Facebook, Twitter o Instagram. Descargue la aplicación de Sonder en Apple o Google Play. Información adicional y dónde encontrarla Información adicional sobre la unión comercial propuesta entre Sonder y Gores Metropoulos II, Inc. ("GMII"), incluida una copia del Acuerdo de Fusión facilitada en un Informe Actual en el Formulario 8-K presentado por GMII ante la SEC el 30 de abril de 2021, y una copia de una presentación actualizada para inversores facilitada en un Informe actual en el Formulario 8-K presentado por GMII ante la SEC el 7 de julio de 2021, está disponible en www.sec.gov. En relación con la unión comercial propuesta, GMII ha presentado una declaración de inscripción en el formulario S-4 (la "Declaración de inscripción") que incluye una declaración de representación preliminar, un prospecto y una declaración de solicitud de consentimiento con respecto a los valores de GMII que se emitirán en relación con la unión comercial propuesta. La Declaración de inscripción aún no ha entrado en vigencia. Una vez que la SEC la declare en vigencia, la Declaración de inscripción, incluida la declaración de representación, el prospecto y la declaración de solicitud de consentimiento allí incluidos, contendrá información importante sobre la unión comercial propuesta y otros asuntos que se someterán a votación en una asamblea de accionistas de GMII que se celebrará para aprobarlos (la “Asamblea especial”) y no pretende sentar las bases de las decisiones de inversión u otras decisiones con respecto a dichos asuntos. GMII puede presentar también otros documentos relativos a la unión comercial propuesta ante la SEC. Se aconseja a los accionistas de GMII y a otras personas interesadas que lean, cuando estén disponibles, la Declaración de inscripción y la declaración de representación, el prospecto o la declaración de solicitud de consentimiento, así como cualquier modificación o suplemento de los mismos, ya que contendrán información importante sobre la unión comercial propuesta. Cuando esté disponible, la declaración de representación definitiva, el prospecto o la declaración de solicitud de consentimiento se enviará por correo a los accionistas de GMII a partir de una fecha de inscripción que se establecerá para votar sobre la unión comercial propuesta y los otros asuntos que se someterán a votación en la Asamblea especial. Los inversores y tenedores de títulos de GMII también podrán obtener copias de la declaración de representación definitiva, el prospecto o la declaración de solicitud de consentimiento sin cargo, una vez que estén disponibles, en el sitio web de la SEC, www.sec.gov, o mediante el envío de una solicitud a: 6260 Lookout Road, Boulder, CO 80301; Atención: Jennifer Kwon Chou, o póngase en contacto con Morrow Sodali LLC, el solicitante de poderes de GMII, para obtener ayuda, llamando al número gratuito (800) 662-5200 (los bancos y los corredores pueden llamar a cobro revertido al (203) 658-9400). Participantes en las formalidades GMII, Sonder y sus respectivos directores y ejecutivos pueden ser considerados participantes en la solicitud de representación de los accionistas de GMII con relación a la unión comercial propuesta. Los accionistas de GMII y otras personas interesadas pueden obtener, sin costo alguno, información más detallada sobre los intereses de dichas personas y de otras personas que puedan ser consideradas participantes en la unión comercial propuesta, al leer la declaración de inscripción de GMII en el formulario S-1 (archivo n.º 333-251663), que fue declarada efectiva por la SEC el 19 de enero de 2021, y la declaración de representación, el prospecto o la declaración de solicitud de consentimiento relativa a la unión comercial propuesta. Puede obtener copias gratuitas de dichos documentos como se indica en el párrafo anterior. Declaraciones a futuro Este comunicado de prensa contiene una serie de “declaraciones a futuro” dentro del significado de la Ley de Reforma de Litigios sobre Valores Privados (Private Securities Litigation Reform Act) de 1995. Las declaraciones a futuro incluyen, pero no se limitan a, declaraciones sobre el crecimiento de ingresos pronosticado de Sonder, el crecimiento de Sonder en la Cartera total de unidades, información sobre los resultados y métricas financieras u operativas futuras posibles o asumidas de GMII o Sonder, estrategias comerciales, niveles de deuda, posición competitiva, entorno de la industria, oportunidades de crecimiento potencial, operaciones futuras, productos y servicios, aperturas planificadas, contrataciones de unidades esperadas y los efectos de la regulación, que incluye si la unión comercial propuesta generará retornos para los accionistas. Estas declaraciones a futuro se basan en las expectativas, las estimaciones, las proyecciones y las creencias actuales de la gerencia de GMII o Sonder, así como en varias suposiciones sobre acontecimientos futuros. Cuando se utilizan en este comunicado de prensa, las palabras “estima”, “proyecta”, “espera”, “anticipa”, “pronostica”, “planea”, “pretende”, “cree”, “busca”, “puede”, “hará”, “debería”, “futuro”, “propone” y las variaciones de estas palabras o expresiones similares (o las versiones negativas de dichas palabras o expresiones) tienen la intención de identificar declaraciones a futuro. Dichas declaraciones a futuro no son garantías de futuro desempeño, condiciones o resultados e implican una serie de riesgos conocidos y desconocidos, incertidumbres, suposiciones y otros factores importantes, muchos de los cuales están fuera del control de la gerencia de GMII o Sonder, que podrían llevar a que los resultados reales difieran sustancialmente de los resultados analizados en las declaraciones a futuro. Estos riesgos, incertidumbres, suposiciones y otros factores importantes incluyen, entre otros: (a) la ocurrencia de cualquier acontecimiento, cambio u otras circunstancias que pudieran dar lugar a la rescisión del Acuerdo de Fusión y de la unión comercial propuesta contemplada en el mismo; (b) la imposibilidad de completar la unión comercial propuesta debido a la no obtención de la aprobación de los accionistas de GMII o de otras condiciones para el cierre en el Acuerdo de Fusión; (c) la capacidad de cumplir con las normas de cotización del Nasdaq tras la consumación de la unión comercial propuesta; (d) la incapacidad de completar la oferta de inversión privada en capital público (Private Investment in Public Equity, PIPE); (e) el riesgo de que la unión comercial propuesta perturbe los planes y operaciones actuales de Sonder o sus filiales como resultado del anuncio y la consumación de las transacciones descriptas en este documento; (f) la capacidad de reconocer los beneficios previstos de la unión comercial propuesta, que puede verse afectada, entre otras cosas, por la competencia, la capacidad de la empresa combinada para crecer y gestionar el crecimiento de forma rentable, mantener las relaciones con los clientes y proveedores y retener a sus directivos y empleados clave; (g) los costos relacionados con la unión comercial propuesta; (h) los cambios en las leyes o reglamentos aplicables, incluidos los desarrollos legales o reglamentarios (como la declaración de la SEC sobre las consideraciones contables y de información para los warrants en las empresas de adquisición con fines especiales); (i) la posibilidad de que Sonder se vea afectada negativamente por otros factores económicos, empresariales y/o competitivos; (j) los riesgos relacionados con el impacto de la pandemia de COVID-19, incluida la variante Delta y las posibles restricciones gubernamentales y de otro tipo (incluidas las restricciones de viaje) resultantes; y (k) otros riesgos e incertidumbres descriptos en la declaración final de representación, el prospecto o la declaración de solicitud de consentimiento, incluidos los que figuran en el apartado "Factores de riesgo" de la misma, y otros documentos presentados por GMII ocasionalmente ante la SEC. Se advierte a los lectores no confiar indebidamente en ninguna de estas declaraciones a futuro, las cuales solo afirman lo dicho a la fecha en que se hicieron. A menos que sea requerido por ley, ni GMII ni Sonder están obligados a actualizar o revisar sus declaraciones a futuro para reflejar eventos o circunstancias después de la fecha de este comunicado. Los riesgos y las incertidumbres adicionales se identifican y analizan en los informes de GMII presentados y por presentar ante la SEC y disponibles en el sitio web de la SEC, www.sec.gov. Este comunicado no constituye una oferta ni una solicitud Esta comunicación se refiere a una propuesta de unión comercial entre GMII y Sonder. Este documento tampoco constituye una oferta de venta o de intercambio, ni la solicitud de oferta de compra o intercambio de valores; tampoco se llevará a cabo la venta de ninguno de los valores en ninguna jurisdicción en que tal oferta, venta o intercambio sea ilegal antes de la inscripción o calificación conforme a las leyes de valores de cualquier jurisdicción. El texto original en el idioma fuente de este comunicado es la versión oficial autorizada. Las traducciones solo se suministran como adaptación y deben cotejarse con el texto en el idioma fuente, que es la única versión del texto que tendrá un efecto legal.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has appointed Gilda Perez-Alvarado to its Board of Directors. Perez-Alvarado currently serves as Global CEO of the Hotels & Hospitality Group at JLL, a leading professional services firm that specializes in real estate and investment management, where she is responsible for investment sales, debt and equity placements, strategic advisory and asset management across the Americas, EMEA and Asia Pacific. Gilda also serves as an Advisory Board member of Qiddiya, a Public Investment Fund giga project in Saudi Arabia, is part of the Cornell School of Hotel Administration Dean’s Advisory Board, and is an active member of the Industry Real Estate Financing Advisory Council (IREFAC). “Gilda has driven real estate transactions for some of the most iconic assets in hospitality. She’s been working at a global level throughout her career and has a deep understanding of local market dynamics across many regions of the world. Her entrepreneurial spirit, global network and expert knowledge of our industry will be advantages as we continue to expand aggressively. We’re thrilled to welcome Gilda to our Board of Directors,” said Francis Davidson, Co-Founder and CEO of Sonder and Chair of the Board. “Sonder became such an innovative player in the hospitality industry in a short period of time, amassing a global portfolio of incredible properties and leveraging technology to redefine the guest experience. I’m thrilled to join Sonder at this important phase in the company’s journey and excited to work alongside the leadership team as they build the Sonder portfolio complemented by a prop tech focus,” said Perez-Alvarado. Perez-Alvarado’s appointment to Sonder’s Board of Directors comes after the company recently announced plans to be publicly listed through a combination with Gores Metropoulos II, Inc. (Nasdaq: GMIIU, GMII and GMIIW) and is the most recent in a series of Board appointments. The company also recently raised its revenue outlook for 2021 given outperformance in the first half of the year and rapid growth in its supply portfolio. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning nine countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. Additional Information and Where to Find It Additional information about the proposed business combination between Sonder and Gores Metropoulos II, Inc. (“GMII”), including a copy of the Merger Agreement provided in a Current Report on Form 8-K filed by GMII with the SEC on April 30, 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July 7, 2021, is available at www.sec.gov. In connection with the proposed business combination, GMII has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to GMII’s securities to be issued in connection with the proposed business combination. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/prospectus/consent solicitation statement contained therein, when it is declared effective by the SEC, will contain important information about the proposed business combination and the other matters to be voted upon at a meeting of GMII’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”) and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. GMII may also file other documents regarding the proposed business combination with the SEC. GMII stockholders and other interested persons are advised to read, when available, the Registration Statement and the proxy statement/prospectus/consent solicitation statement, as well as any amendments or supplements thereto, because they will contain important information about the proposed business combination. When available, the definitive proxy statement/prospectus/consent solicitation statement will be mailed to GMII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at the Special Meeting. GMII investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/ consent solicitation statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, GMII’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation GMII, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of GMII stockholders in connection with the proposed business combination. GMII stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading GMII’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth, Sonder’s growth in total unit portfolio, information concerning GMII’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on GMII’s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside GMII’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of GMII or other conditions to closing in the Merger Agreement; (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the PIPE; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Delta variant and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by GMII from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither GMII nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in GMII’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between GMII and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced new appointments to its Board of Directors. Frits van Paasschen, current member of the Board and former Starwood Hotels President & CEO, has been named Lead Independent Director. Van Paasschen has served on Sonder’s Board since February 2020. Janice L. Sears, former Managing Director and Western Region Head at Bank of America Merrill Lynch, will join the Board and serve as Audit Committee Chair. Van Paasschen and Sears join Manon Brouillette, Nabeel Hyatt and Vivek Pattipati on Sonder’s Board. “We are privileged to benefit from Frits’ significant experience in building and operating a premier hospitality brand as a public company CEO and he has been a great strategic partner to this business as a member of the Sonder Board. I am thrilled to have him take on the expanded role of Lead Independent Director,” said Francis Davidson, Co-Founder and CEO of Sonder and Chair of the Board. “We’re also very excited to welcome Janice to Sonder’s Board. Her deep experience in real estate as well as corporate governance will be strong additions to Sonder’s board as we accelerate our growth and prepare to enter the public markets,” continued Davidson. Sonder’s Board of Directors also includes Manon Brouillette, Nabeel Hyatt and Vivek Pattipati. Brouillette was appointed as a Director in June 2020. She currently serves as Chief Operating Officer and Deputy CEO for Verizon Consumer Group. She was formerly President and Chief Executive Officer of Vidéotron, a Canadian telecommunications company. Brouillette serves on the board of directors of the National Bank of Canada, as well as Altice USA. Hyatt has served as a Director since February 2016. Hyatt is General Partner at Spark Capital, a venture capital firm and was formerly Co-founder and CEO of Conduit Labs, later acquired by Zynga Inc., a social game developer, where he later served as General Manager. Pattipati has served as a Director since September 2018, as a Partner at Valor Management LLC and was formerly a Director at Madison Dearborn Partners. These recent appointments for Sonder’s Board of Directors come at a time of accelerating growth for the company after it recently announced plans to be publicly listed through a combination with Gores Metropoulos II, Inc. (Nasdaq: GMIIU, GMII and GMIIW). The company also recently reported second quarter results, highlighting record quarterly revenue and raised revenue outlook for 2021. Sonder has also expanded its product offering into corporate travel as well as announced a significant expansion of the Company’s presence in the Middle East. About Sonder Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning nine countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. Additional Information and Where to Find It Additional information about the proposed business combination between Sonder and Gores Metropoulos II, Inc. (“GMII”), including a copy of the Merger Agreement provided in a Current Report on Form 8-K filed by GMII with the SEC on April 30, 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July 7, 2021, is available at www.sec.gov. In connection with the proposed business combination, GMII has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to GMII’s securities to be issued in connection with the proposed business combination. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/prospectus/consent solicitation statement contained therein, when it is declared effective by the SEC, will contain important information about the proposed business combination and the other matters to be voted upon at a meeting of GMII’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”) and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. GMII may also file other documents regarding the proposed business combination with the SEC. GMII stockholders and other interested persons are advised to read, when available, the Registration Statement and the proxy statement/prospectus/consent solicitation statement, as well as any amendments or supplements thereto, because they will contain important information about the proposed business combination. When available, the definitive proxy statement/prospectus/consent solicitation statement will be mailed to GMII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at the Special Meeting. GMII investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/ consent solicitation statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, GMII’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation GMII, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of GMII stockholders in connection with the proposed business combination. GMII stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading GMII’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth, Sonder’s growth in total unit portfolio, information concerning GMII’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on GMII’s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside GMII’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of GMII or other conditions to closing in the Merger Agreement; (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the PIPE; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Delta variant and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by GMII from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither GMII nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in GMII’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between GMII and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, will add two additional buildings to its growing portfolio in Dubai, United Arab Emirates. Through an agreement with Al Fattan Properties LLC, Sonder will manage and operate two of the three Al Fattan Towers in Downtown, with views on Burj Khalifa, to be operated as Sonder Downtown Towers. Comprising spacious two- and three-bedroom apartments, ranging between 1,900 and 2,400 square feet, these towers add over 300 units to Sonder’s existing portfolio of operations in Dubai. The company currently manages and operates JBR Suites, a 164-unit property in Jumeirah Beach Residence (JBR) which has been open to guests for over a year. Sonder is also exploring additional expansion into the Palm Jumeirah, Dubai Marina, La Mer, City Walk and DIFC areas of Dubai. “We’re pleased to continue to partner with Sonder, whose innovative and guest-centric approach to hospitality addresses the preferences of the modern, urban, family and business travelers that frequents Dubai,” said Soby Joseph, executive director of Al Fattan Properties LLC. “Sonder is a well-capitalized operator that provides peace of mind and fixed income for real estate assets. They continue to be one of our preferred partners for developments in Dubai.” “We remain bullish on expansion in Dubai as it is one of the most visited cities in the world, renowned for its beautiful design and architecture and is a global real estate hub. These are all attributes that fit perfectly with the Sonder brand and mission and we plan to continue developing Sonder’s footprint in the region,” said Martin Picard, Global Head of Real Estate for Sonder. “We’ve seen very strong performance from our inaugural Dubai property, JBR Suites. We are extremely pleased to be partnering again with Al Fattan to take on operations of what will be Sonder’s fourth largest signing in terms of units. In order to support the company’s expansion in the region, Sonder also recently appointed Rishad Poonawalla to the newly-created role of director of real estate in Dubai. Rishad brings over 15 years of global real estate and hospitality development and acquisition experience to Sonder, with time previously spent in Dubai with the Jumeirah Group, Whitbread Plc (Premier Inn Hotels), as well as Ernst & Young’s Transaction Real Estate & Hospitality practice. Headquartered in San Francisco, Sonder is present in 35+ cities in nine countries, with approximately 15,000 live and contracted units worldwide. The company partners with real estate owners and landlords to lease hotel and apartment buildings and design, manage and operate them. Sonder distinguishes itself in the hospitality industry through forward thinking design and by infusing technology into its guest experience. This tech-enabled experience puts guests in full control of their stay. They can access everything they need – from booking, to interacting with guest services, to check-out – via their own mobile device from anywhere and at any time, using the Sonder app. All Sonder spaces in Dubai are equipped with a full in-unit kitchen and balcony, as well as access to a fully-equipped gym, large pool and laundry services. The Sonder Downtown Towers are slated to open to guests later this year. This announcement follows the recent news of Sonder’s plans to be publicly listed through a business combination with Gores Metropoulos II (Nasdaq: GMIIU, GMII and GMIIW). To explore Sonder real estate partnership opportunities, please contact partners@sonder.com. About Sonder Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. Officially launched in 2014 and headquartered in San Francisco, Sonder is making a world of better stays open to all with a variety of accommodation options — from rooms to suites and apartments — found in 35+ cities spanning nine countries and three continents. Sonder’s innovative app empowers guests by making self-service features and 24/7 on-the-ground support just a tap away. From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. Additional Information and Where to Find It Additional information about the proposed business combination between Sonder and Gores Metropoulos II, Inc. (“GMII”), including a copy of the Merger Agreement provided in a Current Report on Form 8-K filed by GMII with the SEC on April 30, 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July 7, 2021, is available at www.sec.gov. In connection with the proposed business combination, GMII has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to GMII’s securities to be issued in connection with the proposed business combination. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/prospectus/consent solicitation statement contained therein, when it is declared effective by the SEC, will contain important information about the proposed business combination and the other matters to be voted upon at a meeting of GMII’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”) and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. GMII may also file other documents regarding the proposed business combination with the SEC. GMII stockholders and other interested persons are advised to read, when available, the Registration Statement and the proxy statement/prospectus/consent solicitation statement, as well as any amendments or supplements thereto, because they will contain important information about the proposed business combination. When available, the definitive proxy statement/prospectus/consent solicitation statement will be mailed to GMII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at the Special Meeting. GMII investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/ consent solicitation statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, GMII’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation GMII, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of GMII stockholders in connection with the proposed business combination. GMII stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading GMII’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s growth in total unit portfolio (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning GMII’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on GMII’s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside GMII’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of GMII or other conditions to closing in the Merger Agreement; (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the PIPE; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Delta variant and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by GMII from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither GMII nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in GMII’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between GMII and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced financial results for the three months ended June 30, 2021. Sonder delivered its strongest quarterly revenue in the Company’s history, driven by a robust recovery of leisure travel demand and the continued rapid expansion of its Live Unit portfolio. “Q2 was an outstanding quarter for Sonder. We delivered our highest single quarter revenue in the Company’s history and more than doubled RevPAR year-over-year,” said Francis Davidson, Co-Founder and Chief Executive Officer of Sonder. “Our stellar results are a testament to our ability to attract and delight guests, as traveler preferences have evolved to seek out modern, tech-enabled spaces that fit a variety of needs and lifestyles. The inspired, tech-enabled design, consistent quality and compelling value that are hallmarks of the Sonder brand also position us to serve emerging travel trends such as long-term stays and digital nomadism.” Davidson continued, “We continue to outperform traditional hotel RevPAR during the pandemic – by at least 40% in each of the past two quarters. Our Total Portfolio continues to expand rapidly and we’re on track to surpass 18,000 units by end of year, which gives us confidence in our ability to hit the aggressive growth targets we’ve set for 2022 and beyond.” “Given the strong RevPAR outperformance through the first half of the year, and the rapid addition of new units to our portfolio, we are raising our outlook for 2021 Total Revenue,” said Sanjay Banker, President and Chief Financial Officer of Sonder. “This increase from our initial outlook reflects Sonder’s belief that the recent surge in leisure travel recovery is sustainable and our proven ability to capitalize on this demand for better stays at an exceptional value.” The rebound in travel demand was underscored in a recent Sonder report, conducted in partnership with Ipsos, indicating that a majority of U.S. adults have plans for personal travel in the coming months. In the nationwide survey of U.S. adults 18 years or older, roughly two-thirds (62%) of survey respondents indicated they will travel for personal reasons before the end of 2021. Another six-in-ten (59%) Americans were interested in being a “digital nomad” – or working remotely on a long-term trip – with interest higher among younger adults aged 18-34 (74%), followed closely by those planning to travel with kids (69%). Second Quarter 2021 Financial Results and Corporate Highlights Total Revenue of $47.3 million, a 151% year-over-year increase and a 50% increase over Q1 2021 $100 Revenue per Available Room (“RevPAR”), a 112% year-over-year increase and a 30% increase over Q1 2021 40% RevPAR outperformance versus traditional hotels (upper upscale hotels in cities where Sonder operates), up from a 10% discount to traditional hotels in Q2 2019 (normalized for pre-pandemic) Strong Occupancy Rate of 68%, up from 57% in Q2 2020 and 66% in Q1 2021 Total Portfolio of approximately 5,500 Live Units and approximately 15,000 total Live and Contracted Units as of June 30, 2021 Expansion into Amsterdam, Sonder’s seventh city in Europe, with the opening of a historic property built in 1860 overlooking the famous Vondelpark in the center of the city Announced corporate travel offering with launch on the Global Distribution System (GDS) and partnerships with a number of top travel management companies and consortia. Companies can now use Sonder for their business travel bookings, unlocking a significant new market opportunity for Sonder Financial Outlook Sonder is updating its outlook for its full year ending December 31, 2021 as follows: Total Revenue between $180 and $190 million, increasing initial outlook by 4% to 10%, and implying 2021 total annual revenue growth of 56% to 64% Re-affirming outlook for Adjusted EBITDA loss of ($257) million Financial Summary and Operating Results Metric Q2 2021 Q2 2020 Δ YoY Revenue (000s) $47,269 $18,841 151% GAAP Gross Profit (Loss) (000s) $3,524 ($9,546) $13,070 GAAP Gross Margin 7% (51%) 58% Net Loss (000s) ($73,949) ($60,799) ($13,150) Live Units 5,500 4,300 28% Total Portfolio 14,800 11,400 30% Bookable Nights 473,393 399,698 18% Occupied Nights 320,631 227,839 41% Occupancy Rate 68% 57% 19% Average Daily Rate (ADR) $147 $83 77% Revenue per Available Room (RevPAR) $100 $47 112% Adj. Gross Profit (Loss) (000s) $6,712 ($5,781) $12,494 Adj. Gross Margin 14% (31%) 45% Property Level Profit (Loss) (000s) ($9,648) ($13,170) $3,522 Property Level Profit (Loss) Margin (20%) (70%) 49% Adj. EBITDA (000s) ($54,610) ($41,045) ($13,565) Combination with Gores Metropoulos II As previously announced on April 30, 2021, Sonder entered into an agreement to combine with Gores Metropoulos II, Inc. (“GMII”) (Nasdaq: GMIIU, GMII and GMIIW), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Metropoulos & Co. As part of the transaction, Sonder and GMII raised a $200 million fully committed PIPE, led by an affiliate of The Gores Group, with participation from sophisticated institutional investors, including Fidelity Management & Research Company LLC, funds and accounts managed by BlackRock, Atreides Management, LP, entities affiliated with Moore Capital Management, Principal Global Investors, LLC, and Senator Investment Group. The closing of the transaction and PIPE financing, which is expected to occur in the second half of 2021, is subject to certain customary closing conditions, including, among others, regulatory review and approval by GMII’s stockholders. About Sonder Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. Officially launched in 2014 and headquartered in San Francisco, Sonder is making a world of better stays open to all with a variety of accommodation options — from rooms to suites and apartments — with Live Units in 35+ markets spanning nine countries and three continents. Sonder’s innovative app empowers guests by making self-service features and 24/7 on-the-ground support just a tap away. From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play. About Gores Metropoulos II, Inc. Gores Metropoulos II, Inc. (“GMII”) (Nasdaq: GMIIU, GMII and GMIIW) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. GMII was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Mr. Gores and Mr. Metropoulos together have more than 65 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Mr. Gores and Mr. Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com. Sonder’s Use of Non-GAAP Financial Measures Sonder supplements its consolidated financial statements presented in accordance with generally accepted accounting principles in the United States (“GAAP”), by providing additional financial measures that are not prepared in accordance with GAAP, including Adjusted Gross Profit (Loss), Property Level Costs, Property Level Profit (Loss) and Adjusted EBITDA. Sonder believes that the disclosure of these non-GAAP financial measures provides investors with additional information that reflects the amounts and financial basis upon which Sonder’s management assesses and operates its business. Sonder’s definition may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. These non-GAAP financial measures should not be viewed in isolation or as a substitute for, or superior to, measures prepared in accordance with GAAP. Key Terms Sonder’s Total Portfolio represents Live Units plus Contracted Units. This includes any unit that has a signed real estate contract, regardless of whether or not the unit is available for guests to book. This excludes any units that have been dropped (i.e., the lease was terminated or allowed to expire). Live Units are defined as units which are available for guest bookings on Sonder.com, the Sonder app and other channels. Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. Sonder is not yet able to generate revenue from these units. Sonder defines Occupancy Rate (“OR”) as Occupied Nights divided by Bookable Nights, expressed as a percentage. Bookable Nights represent the total number of nights available for stays across all Live Units. This excludes nights lost to full building closures of greater than 30 nights. Occupied Nights represents the total number of nights occupied across all Live Units. Revenue Per Available Room (“RevPAR”) represents the average revenue earned per available night, and is calculated either by dividing revenue by Bookable Nights, or by multiplying Average Daily Rate by Occupancy Rate. Average Daily Rate (“ADR”) represents the average revenue earned per night occupied and is calculated as revenue divided by Occupied Nights. Adjusted Gross Profit (Loss) represents GAAP gross profit (loss) impacted by the GAAP rent to Landlord Payment adjustment, expressed in U.S. dollars. GAAP gross profit (loss) is defined as revenue less cost of revenue (excluding depreciation and amortization). Landlord Payments represent Non-GAAP payments to real estate owners recognizing abatement at the time it is utilized (often at the commencement of a real estate contract), expressed in U.S. dollars. This recognizes the economic substance of the payment to real estate owners as reflected in the real estate contract. Property Level Profit (Loss) (PLP or PLL) represents GAAP gross profit (loss) (i) impacted by the GAAP rent to Landlord Payment adjustment, and (ii) less Property Level Costs, expressed in U.S. dollars. Property Level Costs (PLC) represent variable costs directly associated with each of Sonder’s buildings, expressed in U.S. dollars. These costs include (i) channel fees paid to Online Travel Agencies (OTAs), (ii) customer service costs, (iii) laundry/consumables costs, (iv) maintenance costs, and (v) utilities & insurance costs. Adjusted EBITDA represents GAAP profit (loss) from operations (i) impacted by the GAAP rent to Landlord Payment adjustment and (ii) excluding the impact of depreciation, stock-based compensation, COVID-19 pandemic related offboardings/other (costs associated with dropping units at the beginning of the COVID-19 pandemic), and cash payments from real estate owners received for capital expenditure financing, expressed in U.S. dollars. Additional Information and Where to Find It Additional information about the proposed business combination, including a copy of the Merger Agreement provided in a Current Report on Form 8-K filed by GMII with the SEC on April 30, 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July 7, 2021, is available at www.sec.gov. In connection with the proposed business combination, GMII has filed a registration statement on Form S-4 (the “Registration Statement”) that includes a preliminary proxy statement, prospectus and consent solicitation statement with respect to GMII’s securities to be issued in connection with the proposed business combination. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/prospectus/consent solicitation statement contained therein, when it is declared effective by the SEC, will contain important information about the proposed business combination and the other matters to be voted upon at a meeting of GMII’s stockholders to be held to approve the proposed business combination and other matters (the “Special Meeting”) and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. GMII may also file other documents regarding the proposed business combination with the SEC. GMII stockholders and other interested persons are advised to read, when available, the Registration Statement and the proxy statement/prospectus/consent solicitation statement, as well as any amendments or supplements thereto, because they will contain important information about the proposed business combination. When available, the definitive proxy statement/prospectus/consent solicitation statement will be mailed to GMII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at the Special Meeting. GMII investors and securityholders will also be able to obtain copies of the definitive proxy statement/prospectus/ consent solicitation statement, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou, or by contacting Morrow Sodali LLC, GMII’s proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Participants in Solicitation GMII, Sonder and their respective directors and officers may be deemed participants in the solicitation of proxies of GMII stockholders in connection with the proposed business combination. GMII stockholders and other interested persons may obtain, without charge, more detailed information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination by reading GMII’s registration statement on Form S-1 (File No. 333-251663), which was declared effective by the SEC on January 19, 2021, and the proxy statement/prospectus/consent solicitation statement regarding the proposed business combination. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements about Sonder’s forecasted revenue growth (including Sonder’s outlook for Total Revenue and Adjusted EBITDA for the year ended December 31, 2021), Sonder’s growth in total unit portfolio (including Sonder’s forecast for growth in Total Portfolio for the year ended December 31, 2021), information concerning GMII’s or Sonder’s possible or assumed future financial or operating results and metrics, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, future operations, products and services, planned openings, expected unit contractings and the effects of regulation, including whether the proposed business combination will generate returns for stockholders. These forward-looking statements are based on GMII’s or Sonder’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside GMII’s or Sonder’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Sonder’s full year Total Revenue and Adjusted EBITDA at year end may differ materially from the outlook above, which is not a comprehensive statement of Sonder’s financial results. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of GMII or other conditions to closing in the Merger Agreement; (c) the ability to meet Nasdaq’s listing standards following the consummation of the proposed business combination; (d) the inability to complete the PIPE; (e) the risk that the proposed business combination disrupts current plans and operations of Sonder or its subsidiaries as a result of the announcement and consummation of the transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in special purpose acquisition companies); (i) the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors; (j) risks related to the impact of the COVID-19 pandemic, including the Delta variant and potential governmental and other restrictions (including travel restrictions) resulting therefrom; and (k) other risks and uncertainties described in the final proxy statement/prospectus/consent solicitation statement, including those under the heading “Risk Factors” therein, and other documents filed by GMII from time to time with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, neither GMII nor Sonder undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. Additional risks and uncertainties are identified and discussed in GMII’s reports filed and to be filed with the SEC and available at the SEC’s website at www.sec.gov. No Offer or Solicitation This communication relates to a proposed business combination between GMII and Sonder. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. SONDER HOLDINGS INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In thousands, except number of shares information) (unaudited) Three Months Ended June 30, 2021 2020 Revenue $ 47,269 $ 18,841 Cost of revenue (excluding depreciation and amortization) 43,745 28,387 Operations and support 34,889 22,641 General and administrative 24,615 15,156 Research and development 4,066 3,999 Sales and marketing 4,888 2,923 Total costs and expenses 112,203 73,106 Loss from operations (64,934) (54,265) Interest expense, net and other expense (income), net Interest expense, net 12,522 1,669 Other expense (income), net (3,577) 4,862 Total interest expense, net and other expense (income), net 8,945 6,531 Loss before income taxes (73,879) (60,796) Provision for income taxes 70 3 Net loss $ (73,949) $ (60,799) Net loss per share, basic and diluted $ (9.41) $ (9.86) Weighted average shares outstanding of common stock, basic and diluted 7,857,000 6,167,073 Other comprehensive loss: Net loss $ (73,949) $ (60,799) Change in foreign currency translation adjustment 1,689 4,990 Comprehensive loss $ (72,260) $ (55,809) SONDER HOLDINGS INC. AND SUBSIDIARIES RECONCILIATION OF GAAP GROSS PROFIT (LOSS) TO ADJUSTED GROSS PROFIT (LOSS) TO PROPERTY LEVEL LOSS (In thousands) (unaudited) Three Months Ended June 30, 2021 2020 GAAP Gross profit (loss) $ 3,524 $ (9,546) GAAP rent to Landlord Payments adjustment: GAAP rent to landlords 38,268 26,416 Landlord Payments (35,080) (22,651) GAAP rent to Landlord Payments adjustment 3,188 3,765 Adjusted Gross Profit (Loss) 6,712 (5,781) Gross margin 7.5 % (50.7) % GAAP rent to Landlord Payments Margin 6.7 % 20.0 % Adjusted Gross Margin 14.2 % (30.7) % Property Level Costs 16,360 7,389 Property Level Loss $ (9,648) $ (13,170) Property Level Loss Margin (20.4) % (69.9) % SONDER HOLDINGS INC. AND SUBSIDIARIES RECONCILIATION OF NET LOSS TO EBITDA AND ADJUSTED EBITDA (In thousands) (unaudited) Three Months Ended June 30, 2021 2020 Net loss $ (73,949) $ (60,799) Interest expense, net 12,522 1,669 Provision for income taxes 70 3 Depreciation and amortization 4,213 4,206 EBITDA (57,144) (54,921) GAAP rent to Landlord Payments adjustment 3,188 3,765 Stock-based compensation 2,448 1,742 Other expense (income), net (3,577) 4,862 COVID-19 related offboardings — 3,507 FF&E allowance realized1 475 — Adjusted EBITDA $ (54,610) $ (41,045) _______________________________ 1 Represents cash payments from real estate owners received for capital expenditures financing