31 August 2026

Dear Shareholders,

Comunal’s main short-term goal has been to build the foundation for a seamless grand opening. Over the next few months, Comunal will begin soft launching memberships at $50/month. We plan to accept our first 100–200 founding members.

At 200 members, this gives Comunal its first $10,000/month in recurring membership revenue. Until now, Comunal has been entirely pre-revenue. More importantly, these founding members will be the first people to use Comunal’s concierge.

We are currently working with an exceptional group of engineers to build what I believe will become one of Comunal’s defining products.

The goal is to bring the level of service you expect from a great hotel into your everyday life.

Every member has an account, address, birthday, membership number, and card on file.

When a member requests something, there is no checkout. Your concierge handles it. It is charged to your account. At the end of the month, you receive a bill. The same way you would charge something to your room.

The concierge is half of the Comunal product, and unlike opening a building, it has a significantly lower barrier to entry.

We can start shipping Comunal before we have the keys.

The concierge also gives Comunal significant leverage as we bring on new investors. By building AI into the core of the concierge, Comunal is no longer positioned solely as a physical hospitality company. We are building a technology product that puts us at the intersection of hospitality and AI, opening Comunal to an entirely new class of investors.

We can build revenue, learn how our members use the service, refine our operations, and establish the culture before opening our first physical location.

This month we are shipping Comunal Concierge. Effective immediately all members will be eligible for complimentary Comunal dinners. You can contact fellow Comunal members through the concierge. You can get reservations anywhere in NYC. Book Travel. Get your laundry delivered. Order a car. Anything.

We are building the foundation now.

Thank you for believing in me.

Dan Alves

4 June 2026

Dear Shareholders,

Comunal hosted its fourth dinner in New York City on May 20 2026.

Comunal 4 was our first dinner since raising now $325,000.

The entire production was executed on a budget of only $15,000.

From our relatively small budget, we became the most talked about dinner party on the internet.

Content originating from Comunal 4 generated more than 75+ million views collectively in the first week. Complex covered the event, while countless reposts, discussions, and memes spread organically across the internet.

We gained hundreds of new applications for comunal memberships. We plan to open later this year with 100 approved members ($360K/arr).

Every dinner has continued to be a proof of concept that Comunal is the clear winner in the IRL space.

“IRL” has a $400B market cap and is being led by people who don’t go outside.

Comunal is the only COOL player in this space.

Comunal has the highest taste level and cultural influence. We have continued to prove it.

Comunal opening this year.

Thank you for your love.

Dan Alves

15 January 2026

Comunal raises $250K at $2.5m pre-money valuation to open New York City creative refuge.

The project will enter development at once, with a public opening scheduled for later this year.

The principal establishment will rise in the heart of New York City and is being conceived as an always-open sanctuary, a continuously operating retreat intended for creatives seeking a place of work, assembly, conversation, leisure, and congregation, with an interior meant to feel suspended outside of ordinary time.

The company has opened its official waitlist effective immediately, granting prospective members advance notice of forthcoming details and opportunities.