JULY 22, 2025 | Fellow Shareholders,

Let’s talk about how Wattbike is evolving, and why its latest product expansions unlock an even bigger opportunity for TRNR.

Wattbike’s continued evolution and recent product breakthroughs position TRNR to capture a significantly larger share of the global fitness market.

Wattbike has built a full range of indoor performance bikes, with models trusted by elite athletes like Steph Curry and Lando Norris, but the vision doesn’t stop there. In recent years, Wattbike has pushed beyond elite training environments to create bikes that can be used by anyone, anywhere. Whether in a professional strength and conditioning facility, a boutique fitness studio, a hotel fitness center, or even a home gym, Wattbike delivers the same precision metrics and durability that made it a favorite at the highest levels of sport.

This broader reach is exactly why Wattbike represents such a compelling business opportunity for TRNR, positioning the brand to compete directly with consumer powerhouses while maintaining elite credibility. And this year, Wattbike has advanced that vision with several exciting developments on the product front.

Why this matters:

• Air‑Pro launches into commercial markets. The new Air‑Pro trainer expands Wattbike’s presence in gyms, clubs, and hospitality venues such as Hilton Hotels, Virgin Active locations, and Third Space premium facilities.
• Atom upgraded for all riders. The updated Atom features smoother ERGO mode, improved adjustability, and a hybrid saddle built for both high‑intensity training blocks and everyday use.
• Global growth accelerates. Wattbike officially launched their Wattbike Proton and Air indoor bikes in late February 2025 in Australia. Which is one of the world’s fastest‑growing fitness markets, with a national culture built around cycling, outdoor sports, and high gym participation.

These steps ensure Wattbike’s bikes are now empowering athletes and everyday fitness enthusiasts on a truly global scale , all aligned with TRNR’s mission to scale a portfolio of best‑in‑class fitness technologies.

Thanks for being on this journey with us. There’s more to come. Let’s keep building,
— Team TRNR

Forward‑Looking Statements:
This communication contains forward‑looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect current expectations, assumptions, and projections of Interactive Strength Inc. (“TRNR”) management regarding future events and business performance. Forward‑looking statements include terminology such as “anticipate,” “believe,” “expect,” “intend,” “plan,” “may,” “will,” “should,” “estimate,” “target,” “project,” or similar expressions. These statements include, but are not limited to, those related to Wattbike’s product development pipeline, the anticipated impact of new product launches such as the Air‑Pro and AtomX upgrades, the pace of international expansion into markets like Australia, and the expected benefits of growing commercial and consumer adoption for TRNR’s long‑term strategy. Management also expects that continued innovation and integration within TRNR’s broader platform will open additional revenue opportunities, deepen customer engagement, and strengthen operational scale over time. These forward‑looking statements are based on current assumptions and are subject to known and unknown risks, uncertainties, and changes in circumstances that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, adoption rates in key markets, competitive developments, macroeconomic conditions, supply chain and logistics constraints, regulatory changes, data privacy considerations, and our ability to execute operational plans effectively. There can be no assurance that future developments will align with these expectations, and TRNR undertakes no obligation to update any forward‑looking statements to reflect subsequent events or circumstances except as required by law.