Forest Road Letter to Stockholders

NEW YORK–(BUSINESS WIRE)–Dear Forest Road Acquisition Corp. Stockholders,

On June 24, 2021, Forest Road Acquisition Corp. (NYSE: FRX) (“Forest Road”) will host a special meeting of stockholders to vote on its proposed merger with The Beachbody Company Group, LLC (“Beachbody” and Myx Fitness Holdings, LLC (“Myx”). We believe this transaction represents a tremendous opportunity to create a publicly-traded leading at-home digital fitness and nutrition company. You have an important role to play in helping us achieve that vision by voting in favor of the transaction.

Over the past 22 years, a founder-led management team has built Beachbody into a leading subscription health and wellness company, with more than three million subscriptions across fitness and nutrition and a strong track record of profitable growth. We believe the combined company is poised to deliver meaningful growth as it strategically invests the proceeds from this transaction to accelerate customer acquisition, expand internationally and scale the Myx business.

The recently announced first-quarter 2021 financial results by Beachbody and Myx demonstrate their continuing robust revenue growth and record levels of customer engagement. We believe these results validate the underlying momentum that is building in the business and the management team’s proven ability to execute as it expands the combined company’s offerings and further solidifies the combined company’s position as a leading subscription health and wellness company.

FRX’s Board of Directors unanimously recommends that you vote “FOR” the adoption of the merger agreement and the other proposals detailed in the proxy statement/prospectus being sent to stockholders. Every stockholder of record as of May 6, 2021 is entitled to vote, and your voice matters regardless of how many shares you own.

You can visit www.votefrx.com for details on how to vote. If you have questions or need assistance in voting your shares, you can contact your broker or our proxy solicitation firm Morrow Sodali at 1-800-460-1014. Please vote as soon as possible. Your support is greatly appreciated.

Sincerely,
Keith L. Horn

Chief Executive Officer
Forest Road Acquisition Corp.