X0306 4 2020-05-22 0 0001573221 TheRealReal, Inc. REAL 0001323963 Ibrahim Maha Saleh C/O CANAAN PARTNERS 285 RIVERSIDE AVENUE, SUITE 250 WESTPORT CT 06880 1 0 0 0 Common Stock 2020-05-22 4 S 0 172031 12.4413 D 67983 I By Canaan IX, L.P. Common Stock 2020-05-26 4 S 0 67983 13.2177 D 0 I By Canaan IX, L.P. Common Stock 10038 D The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.40 - $12.57. The Reporting Person undertakes to provide to 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. The reported securities are held directly by Canaan IX L.P. (the "Canaan Fund"). The sole general partner of the Canaan Fund is Canaan Partners IX LLC ("Canaan IX" and, together with the Canaan Fund, the "Canaan Entities"), which may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. The Reporting Person is a manager and member of Canaan IX. The Reporting Person disclaims Section 16 beneficial ownership in the securities held by the Canaan Entities, except to the extent of her pecuniary interest therein, if any, in such securities by virtue of the limited liability company interest she owns in Canaan IX. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.975 - $13.43. The Reporting Person undertakes to provide to 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. Includes shares received in prior distributions from Canaan IX /s/ Nancy Levenson, Attorney-in-Fact for Maha Saleh Ibrahim 2020-05-26