$250 Million

The RealReal, Inc.

Convertible Debt

Co-Manager, March 2021

The RealReal, Inc.

The RealReal Inc. (NASDAQ:REAL) is the world’s largest online marketplace for authenticated, consigned luxury goods. The Company aggregates and curates pre-owned luxury supply that is exclusive to The RealReal across multiple categories, including women’s, men’s, kids’, jewelry and watches, and home and art. The Company offers a selection of authenticated, pre-owned luxury goods on its online marketplace bearing the brands of various luxury and premium designers. The luxury designers on the Company’s online marketplace include Cartier, Chanel, Christian Louboutin, Gucci, Hermès, Louis Vuitton, Prada, Rolex, Tiffany & Co. and Valentino. The Company operates a retail store in each of West Hollywood in Los Angeles, California, Union Square in San Francisco, California, and SoHo and Upper East Side in New York, New York.