Sonder Holdings Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Mar 17, 2023

Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on March 16, 2023, the Compensation Committee of Sonder’s Board of Directors made an equity inducement grant of stock options to Mr. Dominique Bourgault in connection with his appointment as Sonder’s new Chief Financial Officer, under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the “Inducement Plan”). The stock options were granted as an inducement material to Mr. Bourgault entering into employment with one of Sonder’s subsidiaries pursuant to Nasdaq Listing Rule 5635(c)(4), was included in Mr. Bourgault’s offer letter, and was previously described in the Form 8-K filed by Sonder with the U.S. Securities and Exchange Commission on March 6, 2023.

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