X0206 3 2019-06-27 0 0001573221 TheRealReal, Inc. REAL 0001538676 Canaan IX L.P. C/O CANAAN PARTNERS 285 RIVERSIDE AVENUE, SUITE 250 WESTPORT CT 06880 0 0 1 0 0001654586 Canaan Partners IX LLC C/O CANAAN PARTNERS 285 RIVERSIDE AVENUE, SUITE 250 WESTPORT CT 06880 0 0 1 0 Common Stock 504011 D Series A Preferred Stock Common Stock 3699136 D Series B Preferred Stock Common Stock 1107412 D Series C Preferred Stock Common Stock 2060411 D Series D Preferred Stock Common Stock 895290 D Series E Preferred Stock Common Stock 327149 D Series G Preferred Stock Common Stock 213510 D Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series G Preferred Stock (collectively, the "Preferred Stock") will automatically be converted into one-half of one share of the Issuer's Common Stock ("Shares") immediately prior to the completion of the Issuer's initial public offering. The Preferred Stock has no expiration date. The shares 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 may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Investment and voting decisions with respect to the shares held by the Canaan Fund are made by the managers of Canaan IX, collectively. Canaan IX disclaims Section 16 beneficial ownership of the securities held by the Canaan Fund, except to the extent of its pecuniary interest therein, if any. Exhibit List: Exhibit 24 Power of Attorney Canaan IX L.P., By: Canaan Partners IX LLC, its general partner, By: /s/ Nancy Levenson, Attorney-in-Fact 2019-06-27 Canaan Partners IX LLC, By: /s/ Nancy Levenson, Attorney-in-Fact 2019-06-27