Strategic acquisition enhances wellness benefits for companies and employees while
expanding reach for wellness partners amidst growing focus on employee health.

Berlin, Germany – March 25, 2025 – Wellhub, a leading global corporate wellbeing
platform that connects employees with wellness plans across fitness, mindfulness,
therapy, nutrition, and sleep, today announced it has entered into a definitive agreement
to acquire Urban Sports Club, a European provider of corporate employee benefit
programs and consumer wellness solutions.

The acquisition signifies a major advancement in the corporate wellness sector,
broadening access to physical and digital wellness solutions for millions of employees. By
integrating Wellhub’s extensive health, sport, and wellness offerings in the US, LATAM,
and Europe with Urban Sports Club’s well-established European presence, the newly
formed entity is strategically positioned for accelerated growth and innovation. The
combination will also create new opportunities for wellness partners—including gyms,
studios, and digital apps—to connect with a larger audience of corporate clients and their
employees. This is enhancing the value proposition for all stakeholders and growing the
market for corporate wellness solutions.

The corporate wellness market in Europe is experiencing substantial growth, driven by
factors such as increasing awareness of mental health, rising healthcare costs, and a shift
towards hybrid work models. Together, the combined entity is better equipped to
capitalize on market trends and address the growing demand for comprehensive
corporate wellbeing solutions and employee benefits.

“This acquisition represents a significant milestone in Wellhub’s European
strategy,” said Cesar Carvalho, CEO of Wellhub. “Urban Sports Club’s deep-rooted
presence in Europe, coupled with their innovative approach to employee wellness, makes
them an ideal partner as we meet the surging demand for holistic corporate wellness
solutions and employee benefits. This strategic combination will empower more
companies to invest in their employees’ health, ultimately leading to a more engaged and
productive workforce.”

With the acquisition, the combined entity will serve an expanded network of 34,500
corporate clients and 83,000 holistic wellbeing partners, including premium gyms,
boutique studios, and digital wellness providers. This will allow more companies to easily
offer accessible physical and digital wellness plans for their employees, with Urban
Sports Club contributing a network spanning seven countries and Wellhub bringing
coverage in 11 countries.

As part of the transaction, Urban Sports Club’s co-founders and Co-CEOs, Moritz Kreppel
and Benjamin Roth will continue to play an active role in Urban Sports Club while also
reinvesting in the combined entity to support the joint future vision and joining Wellhub’s
Global Leadership Team, bringing valuable regional expertise and industry relationships.

Moritz Kreppel commented, “This is an exciting day for Urban Sports Club—for us and for
the entire wellbeing and fitness industry. This acquisition is a perfect strategic fit: while
Wellhub brings global reach and a technology platform, Urban Sports Club has a strong
presence in Europe with a broad network of local partners. Our shared mission to inspire
more and more people to lead an active and healthy lifestyle aligns perfectly. For our
partners, members, and corporate clients, as well as our employees, this creates new
opportunities for growth, diversity, and innovation.”

Benjamin Roth said, “We are at the beginning of an incredibly exciting chapter. Together
with Wellhub, we can offer millions of people even more opportunities to stay active,
healthy, and connected. The timing couldn’t be better, as our market is growing rapidly,
driven by increasing awareness of health and wellbeing. This acquisition is a great
opportunity for us to grow faster and drive the market forward with new ideas and
innovations – benefiting our partners and members in particular.”

Urban Sports Club will operate as a separate entity, as both companies work towards a
seamless integration and service for partners and clients, with Wellhub focusing on its
core B2B strategy and Urban Sports Club continuing to focus on its established offerings.

The transaction is subject to customary regulatory closing conditions.

About Wellhub
Wellhub is a corporate wellness platform that connects employees to a wide range of
partners for fitness, mindfulness, therapy, nutrition, and sleep, all included in one
subscription. More than 22,000 companies in 11 countries use Wellhub to provide their
employees with access to corporate wellbeing programs. With Wellhub, employees can
engage with their wellbeing every day. The result is better productivity, higher retention,
and lower healthcare costs. This is the Wellhub Effect. Become a wellness company
today. For more information, visit www.wellhub.com.

About Urban Sports Club
Urban Sports Club, a leading European platform for sports and wellness, is dedicated to
inspiring people to live healthy and active lives through a large and highly diverse
offering. From fitness, yoga, swimming and climbing to team sports and wellness offers –
members can design a unique training plan from over 50 sports across Europe and check
in for sports via smartphone app. Together with its members and partners, Urban Sports
Club creates a diverse community that collectively follows a vision: to be active in a world
where the joy of sports is at the forefront for everyone – at any time and in any place.
Urban Sports Club describes this as a world of inclusive and sustainable sports and
wellbeing.

Media inquiries to: press@wellhub.com

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