X0306 4 2020-08-11 1 0001573221 TheRealReal, Inc. REAL 0001593864 Great Hill Equity Partners V, L.P. C/O GREAT HILL PARTNERS, L.P. 200 CLARENDON STREET, 29TH FLOOR BOSTON MA 02116 0 0 1 0 0001161866 GREAT HILL INVESTORS LLC C/O GREAT HILL PARTNERS, L.P. 200 CLARENDON STREET, 29TH FLOOR BOSTON MA 02116 0 0 1 0 0001712499 GHP V, LLC C/O GREAT HILL PARTNERS, L.P. 200 CLARENDON STREET, 29TH FLOOR BOSTON MA 02116 0 0 1 0 0001712501 Great Hill Partners GP V, L.P. C/O GREAT HILL PARTNERS, L.P. 200 CLARENDON STREET, 29TH FLOOR BOSTON MA 02116 0 0 1 0 Common Stock 2020-08-11 4 J 0 2999937 0.00 D 6928325 D Common Stock 2020-08-12 4 S 0 11624 16.2645 D 26845 D Represents a pro rata in-kind distribution of Common Stock for no value by Great Hill Equity Partners V, L.P. ("GHEP V"). These shares are held of record by GHEP V. GHP V, LLC is the sole general partner of Great Hill Partners GP V, L.P. ("GP V"), which is the sole general partner of GHEP V. As such, each of them may be deemed to share beneficial ownership of the securities held of record by GHEP V. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.25 to $16.42. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are held of record by Great Hill Investors, LLC. /s/ John S. Dwyer, as attorney-in-fact for Great Hill Equity Partners V, L.P. 2020-08-13 /s/ John S. Dwyer, as attorney-in-fact for Great Hill Investors, LLC 2020-08-13 /s/ John S. Dwyer, as attorney-in-fact for GHP V, LLC 2020-08-13 /s/ John S. Dwyer, as attorney-in-fact for Great Hill Partners GP V, L.P. 2020-08-13