#1SWITCHBACK II Bird Research Analyst Day June 24, 2021 BIRD#2Disclaimer IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT In connection with the proposed business combination, Bird Global, Inc. ("Bird Global") filed a registration statement on Form S-4 (File No. 333-256187) (the "Form S-4") with the Securities and Exchange Commission (the "SEC"). The Form S-4 includes a proxy statement of Switchback II Corporation ("Switchback") and a prospectus of Bird Global. Additionally, Switchback II and Bird Global filed and will file other relevant materials with the SEC in connection with the business combination. Copies may be obtained free of charge at the SEC's web site at www.sec.gov. Security holders of Switchback are urged to read the proxy statement/prospectus and the other relevant materials before making any voting decision with respect to the proposed business combination because they contain important information about the business combination and the parties to the business combination. The information contained on, or that may be accessed through, the websites referenced in this communication is not incorporated by reference into, and is not a part of, this presentation. PARTICIPANTS IN THE SOLICITATION Switchback and its directors and officers may be deemed participants in the solicitation of proxies of Switchback's shareholders in connection with the proposed business combination. Bird Rides, Inc. ("Bird") and its officers and directors may also be deemed participants in such solicitation. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Switchback's executive officers and directors in the solicitation by reading Switchback's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the business combination. Information concerning the interests of Switchback's participants in the solicitation, which may, in some cases, be different than those of their shareholders generally, is set forth in the proxy statement/prospectus relating to the business combination. FORWARD-LOOKING STATEMENTS The information in this presentation includes "forward-looking statements." All statements, other than statements of present or historical fact included in this presentation, regarding Switchback's proposed business combination with Bird, Switchback's ability to consummate the transaction, the benefits of the transaction and the combined company's future financial performance, as well as the combined company's strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this presentation, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Switchback and Bird disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this communication. Switchback and Bird caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either Switchback or Bird. In addition, Switchback and Bird caution you that the forward- looking statements contained in this communication are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against Switchback or Bird following announcement of the transactions; (iii) the inability to complete the business combination due to the failure to obtain approval of the shareholders of Switchback, or other conditions to closing in the transaction agreement; (iv) the risk that the proposed business combination disrupts Switchback's or Bird's current plans and operations as a result of the announcement of the transactions; (v) Bird's ability to realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Bird to grow and manage growth profitably following the business combination; (vi) costs related to the business combination; (vii) changes in applicable laws or regulations; and (viii) the possibility that Bird may be adversely affected by other economic, business and/or competitive factors. Should one or more of the risks or uncertainties described in this presentation occur, or should underlying assumptions prove incorrect, actual results and plans could different materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in Switchback's periodic filings with the SEC, including Switchback's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and in the Form S-4 filed by Bird Global. Switchback's and Bird Global's SEC filings are available publicly on the SEC's website at www.sec.gov. NO OFFER OR SOLICITATION This presentation shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed transaction. This shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the "Securities Act"). INDUSTRY AND MARKET DATA Although all information and opinions expressed in this presentation, including market data and other statistical information, were obtained from sources believed to be reliable and are included in good faith, Bird and Switchback have not independently verified the information and make no representation or warranty, express or implied, as to its accuracy or completeness. Some data is also based on the good faith estimates of Bird and Switchback, which are derived from their respective reviews of internal sources as well as the independent sources described above. This presentation contains preliminary information only, is subject to change at any time and, is not, and should not be assumed to be, complete or to constitute all the information necessary to adequately make an informed decision regarding your ngagement with Bird and Switchback. USE OF PROJECTIONS This presentation contains projected financial information with respect to Bird. Such projected financial information constitutes forward-looking information, and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumptions and estimates underlying such financial forecast information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See the "Forward-Looking Statements" paragraph above. Actual results may differ materially from the results contemplated by the financial forecast information contained in this presentation, and the inclusion of such information in this presentation should not be regarded as a representation by any person that the results reflected in such forecasts will be achieved. Neither Switchback's nor Bird's independent auditors have audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this presentation. BIRD 2#3Disclaimer (cont'd) NON-GAAP FINANCIAL MEASURES Some of the financial information and data contained in this Presentation, such as Gross Transaction Value, Adjusted EBITDA, Adjusted EBITDA Margin, Sharing Revenue and Ride Profit, have not been prepared in accordance with United States generally accepted accounting principles ("GAAP"). Switchback and Bird believe these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Bird's financial condition and results of operations. Bird's management uses these non-GAAP measures for trend analyses, for purposes of determining management incentive compensation and for budgeting and planning purposes. Switchback and Bird believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating projected operating results and trends in and in comparing Bird's financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in Bird's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. In order to compensate for these limitations, management presents non-GAAP financial measures in connection with GAAP results. TRADEMARKS AND TRADE NAMES Bird and Switchback own or have rights to various trademarks, service marks and trade names that they use in connection with the operation of their respective businesses. This presentation also contains trademarks, service marks and trade names of third parties, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade names or products in this presentation is not intended to, and does not imply, a relationship with Bird or Switchback, or an endorsement or sponsorship by or of Bird or Switchback. Solely for convenience, the trademarks, service marks and trade names referred to in this presentation may appear with the Ⓡ, TM or SM symbols, but such references are not intended to indicate, in any way, that Bird or Switchback will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks and trade names. BIRD 3#4Agenda 1 2 3 4 5 6 BIRD Company Overview Travis, Founder & CEO Vehicles & Technology Scott, Chief Vehicle Officer Operating Model Renaud, SVP, Global Operations Unit Economics Shane, SVP, Corporate Development & Strategy Financial Outlook Yibo, Chief Financial Officer Management Q&A BIRD Travis VanderZanden Founder & CEO Scott Rushforth Chief Vehicle Officer Shane Torchiana SVP, Corporate Development & Strategy SWITCHBACK II Jim Mutrie Founder & CEO Yibo Ling Chief Financial Officer Renaud Fages SVP, Global Operations Scott McNeill Founder & CEO 4#5Company overview BIRD 5#6Environmentally friendly transportation for everyone BIRD De TATA#7We are a scaled micromobility platform 100M+ Rides to date 250+ Cities operating globally³ BIRD 1. Represents 2022E revenue estimate. 2. 2021E to 2022E revenue growth. 3. As of June 2021. $401M 2022E Revenue¹ 40 Trees equivalent to each vehicle's GHG offset4 114% Revenue Growth² 3M+ New riders since start of pandemic 5 4. Based on carbon sequestering per year of 6-year-old elm tree of 1,700 grams relative to a Bird Two over a 1.5 year period representative of a Bird Two half-life. 5. As of April 2021. DEMAND RIDES First-mover advantage DATA PARTNERS CITY LICENSES 7#8Rider experience that addresses traditional mobility pain points TRADITIONAL MOBILITY PAIN POINTS BIRD Long wait Unpredictable traffic Long walk Surge pricing Congested commute Heavy emissions The Bird experience 1 On-demand 2 Quick and efficient 3 Socially distanced 4 Congestion reducing 5 Affordable 6 Environmentally friendly 5:21 = 2 min Diana Hobson Fine Art So A 50 BIRD 14 mi Principessa Main Street Peep Hole Box O - - ا... RESERVE O Daniel Wellington Andalusia Ave STAG Provisions for Men Scote 56 8#9Topline impacted in the short-term, but bounced back quickly BIRD Weekly Sharing GTV ($M)¹ $5.0 $4.0 $3.0 $2.0 $1.0 $0.0 Jan-20 COVID-19 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 1. Gross Transaction Value for sharing only; excludes Consumer Products and Platform vehicle and spare parts sales. 2. Based on last weeks ending March 28, 2021 vs. last 4 weeks ending February 28, 2021. Dec-20 Jan-21 +81% growth over prior 4 weeks² Feb-21 Mar-21 9#10Topline ramping up quickly in 2021 as COVID headwinds ease BIRD Weekly Sharing GTV ($M)¹ $7.0 $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 $0.0 Jan Feb Mar 2.6x vs. same week in 2019 Apr May -2018 Jun -2019 1. Gross Transaction Value for sharing only; excludes Consumer Products and Platform vehicle and spare parts sales. Jul -2020 Aug Sep 2021 Oct Nov Dec 10#11Scaled global operations with opportunity for continued expansion BIRD Note: Includes In-House, Fleet Manager, and Platform markets. 1. Percent of Sharing revenue by segment, FY2020. 250+ Cities 26 Countries 28% Percent of Total Revenue by Region¹ < 1% 4 Continents 72% North America EMEA Other 11#12Massive market opportunity with COVID accelerating penetration BIRD TOTAL ADDRESSABLE MARKET 8 trillion trips are taken each year globally... of which 5 trillion are < 5 miles in length.... of which 900 billion are taken by addressable users... with 200 billion trips shifting to micromobility.... ...resulting in a $800B yearly revenue opportunity¹ Addressed Market 1. TAM calculated from global trip data per industry sources, the US federal government and the European Commission haircut by trip length and user demographic data (including age, ability, and income) per the UN, World Bank, and CIA Factbook, modal mix per industry sources and climate suitability per historical weather data. $60B Yearly SAM² 1999 ► s es s $800B Yearly TAM s s s 1 1 1 • P +11 L 11 1 1 P s s s ssssssssss L ↓ 1 1 es 2. SAM calculated beginning with TAM of near-term Bird markets reduced by 'serviceable trip length' penetration per Bird trip length data, infrastructure penetration per city-level data from industry sources, regulatory penetration per city regulations and Bird internal estimates for city permits. A 12#13COVID spurred favorable regulatory changes HAARETZ Tel Aviv plans to Double the City's Network of Bike Paths by 2025 REUTERS New York City Legalizes Electric Bikes and Scooters, Will Create e-Scooter Pilot Program BIRD The Guardian Electric Scooters to Get Green Light to Go on Britain's Public Roads Source: Press reports The Guardian Milan Announces Ambitious Scheme to Reduce Car Use After Lockdown R. Rome Creates Bike Lanes As Part Of Virus Measures W Coronavirus Pandemic Gives Cyclists More Road in Berlin GOVE Seattle Will Keep Some Streets Closed Even After Coronavirus Bloomberg Pandemic Has Spurred 930 Miles of New Bike Lanes in Europe STREETS BLOG Oakland to Open 74 Miles of Streets for Walkers and Cyclists THENEW REPUBLIC American Cities are Built for Cars. Coronavirus Could Change That. +$20B SAM increase driven by regulatory response to COVID Opening of new cities (+$8B) UK opening to e-scooters NYC opening accelerated to Q2 2021 Improved 3rd-lane infrastructure (+$12B) Top global e-scooter cities like Tel Aviv and San Francisco expanding their 3rd lane infrastructure 13#14BIRD Ours is a multidimensional business with steep barriers to entry: Two-sided marketplaces, wrapped in closed regulatory systems, requiring global scale GLOBAL VEHICLE DEVELOPMENT & SUPPLY CHAIN Vehicle R&D Designed in California with >18mo life & multi-day battery capacity Vendor Management / PO Submission User (rider) App Development & Iteration Deepen vehicle design moat based on hundreds of millions of real-world interactions Prototype Testing KEY Manufacturing SCALE TO GENERATE DATA AND TECH EDGE Finalize Bird Design & Specs FM App Development & Iteration Shipping from Production Facility to Bird Nest Location & Size Machine forecasts demand, sets drops/rebalancing to maximize profit PROTECTED CITY REVENUE Global scale + R&D Permits Maintain strong permit win rate Government Rel. Industry-leading Gov Partnerships team Playbook to Launch in New Markets Refine RFP application, pricing, drop & relocation logic based on rider/FM experience Government partnership Acquire & Standup Partner Network & Local Ops Marketplace Hyperlocal data TWO-SIDED MARKETPLACE Local FMs (supply) Charge, rebalance, & repair vehicles Riders (demand) Base of millions of entrenched riders First mover advantage Bird mesh network 14#15Energy transition is core to Bird's mission BIRD RIDES TYPICALLY REPLACE HIGHER-EMISSION MODES Mode Shift Displacement Survey Results Other¹ 18% Public transit 9% BIRD Personal car 23% 51% of alternatives have higher emissions Walking 31% Ridehail 19% Each Bird Two prevents an estimated 103kg of greenhouse gas emissions during its lifetime² EACH BIRD'S GHG OFFSET IS EQUIVALENT TO THE CARBON ABSORBED BY 40 TREES³ Note: GHG assumptions based on The Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) Model by Argonne National Laboratory. Mode Shift results based on an October 2019 Bird survey through Qualtrics of "1k riders. Other includes personal bike, personal scooter and bikeshare. 2. Based on Bird Two actual data, including pre-COVID KPIs, "1.5 year half-life, and 272 grams per passenger mile lifecycle GHG emissions. 3. Based on carbon sequestering per year of 6-year-old elm tree of 1,700 grams relative to a Bird Two over a 1.5 year period representative of a Bird Two half-life. 15#16Visionary, founder-led management team with a culture of innovation BIRD Travis VanderZanden Founder & CEO Uber ly yammer cherry Wendy Mantell General Counsel FANDUEL hulu Shane Torchiana SVP, Corporate Development & Strategy BCG Morgan Stanley Yibo Ling Chief Financial Officer Uber BCG Tom O'Brien SVP, Revenue ATOMIC & eventbrite Rebecca Hahn Chief Corporate Social Responsibility Officer Out Cast ORACLE Renaud Fages SVP, Global Operations BCG Justin Youn VP, Strategic Finance Goldman JMI Sachs SOCIETE GENERALE Greg Wright VP, Controller Pivotal pwc Scott Rushforth Chief Vehicle Officer 0x7a69 Brooke Tandy VP, People scoot People Tech 16#17BIRD J Sexde SA M BIRD Vehicles & Technology 17#18Category creator with advanced technology and data platform BIRD DATA Hardware Designed for safety, connectivity and durability State of the art micro-positioning GPS and Global connected network Anti-theft brain-battery "handshake" tech BIRD BirdOS DATA BIRD Software Purpose built for rider, operator and city and appre After starting your add a Ride DATA Rider apps • Ride booking • Real-time inventory • Payment Fleet Manager apps • Inventory management Repair training. • Drop engine www. MILA City apps • Location services • 3-1-1 compliance • Parking zones 18#19It all started with our scooters VEHICLE HALF-LIFE KEY INNOVATIONS BIRD OFF THE SHELF Xiaomi M365 3 - 4 months Sep 2017 First-ever shared scooter BirdZero 12 months Oct 2018 Ruggedized for sharing Doubled battery life T Bird One 14 months BIRD-DESIGNED May 2019 Fully encrypted brain Modular body for easy repairs BIRD Bird Two 18 months Aug 2019 Ultra-rugged fused body Large, efficient battery Note: Bird Zero, Bird One and Bird Two vehicle half-life implied based on methodology employed in audited GAAP financials; Bird Three estimated vehicle half-life implied based on equivalent methodology as prior vehicle models. Average unit cost of Bird Zero is approximately $550 and average cost of Bird Three is approximately $700. BIRD Bird Three 24 months Mar 2021 Best-in-class safety features Anti-theft firmware and battery-brain encryption#20Bird Three Scaling automotive technology down to Micromobility size ✓ Autonomous Emergency Braking Skid Detection IP68 battery waterproofing Onboard diagnostics (200+ fault codes) Automotive grade air-filled, anti-puncture tires tested on over 200 different topographies Research partnership with University of Pennsylvania and University of Tennessee at Knoxville Warm-Up Mode Enhanced Lighting - Anti-Theft Encryption Autonomous Damage Sensors Dual Handbrakes Bell On-scooter Helmet Tamper-Resistant, Seamless Design Puncture-Resistant Tires 07 Digital Display BIRD Bell Digital Display Embedded Data Instrumentation Speed Governer Dynamic Stability Control Steering Antibacterial Handlebar Grips Status Indicator Safety Messaging Industry's Strongest, Most Durable Weatherproof Battery Industrial-Grade Anti-Tipping Kickstand Rear Wheel Drive Reflectors Anti-Tipping Kickstand#21BirdOS Bird OS is Bird's own operating system that powers every vehicle since Bird One. Designed from the ground up to be an incredibly secure platform for micromobility. BIRD#22Advanced Vehicle Radar Network extends vehicle lifetimes 1 Each vehicle reports location, status, and data to the Vehicle Radar Network. 2 If vehicle's communication is disconnected, it will no longer be able to report back. 3 If vehicle's communication is interrupted, we utilize the network to connect to the vehicle. BIRD If another Bird comes within range, it will send the disconnected Bird's information to the Radar Network. If a Bird Rider comes within range, their phone will send the disconnected Bird's information to the Radar Network. M 22#23Purpose-built technology platform guides operating decisions, driven by data from >100M global rides Our technology platform enables our logistics partners to manage their own operations BIRD Charge Repair Deploy Recover 9:41 D 75 FLEET STATUS Now 100 5 Pick Ups 2 in peril O 20 In Task 5 damaged 75 Rideable 20 in low demand areas .... = - 20 FAQ Noon 9:41 Mountaingate Country Club # K8LME FIND VEHICLES 35 Universy of California Los Angeles 75% 2 min ago. LIST SCAN Franklin Canyon Park/ West Hol Beverly Hills, Vehicle outside service area. Your vehicle has left the service area and is at risk for churn. Get it back into the purple service area before it goes offline! 9:41 #K8LME Ⓒ Ⓒ © PASS INSPECTION ● 50% Add issues to the vehicle below. PASS PASS ALL Fork Did you check the vehicle's fork? PASS Wheels Are the wheels secure? all Charge Ⓒ FAIL Ⓒ FAIL Brake Placeholder symptom question? SUBMIT FAQ FAIL 23#24Data driven predictive demand technology optimizes fleet deployment EATION BIRD STATE BEACH Beverly Cle Westegge State Ⓒlocal grada FRANKLIN CANTON PARK Troundai Entite Beverly Hills um Holl CATHY H Del Rey 02/29 09:55pm - 02/29 10:55pm Country Clue Park Fax Mills Layer Legend RideStarts-RideEnds ride starts minus ride ends, interval ride.startsunde and Westchester 2:21 Windward Ave perust $$$ REVENUE MAP $$ CAPTURE nice Studio $$$ Last updated 5 min ago $$ all Robert Graham Grand sy Safán- ard, Ph.D hambra Fleet Managers in your area made $5 more per release when using the Revenue Map last week. Cabrillo +3 Birds RELEASE Ⓡ 24#25BIRD Operating Model BIRD 25#26Evolved to Fleet Manager operating model during COVID pause HOW IT WORKS BIRD Network of Fleet Managers¹ manage logistics for micro- fleets, providing economic advancement opportunities and streamlining expansion to small cities Fleet Managers charge, deploy, store, and repair, reducing Bird's infrastructure costs, especially in winter Aligns incentives through a per-trip revenue share construct, further boosting Bird's leading unit economics while providing a positive return to Fleet Managers 1. Acquisition cost of "$1K per Fleet Manager based on acquisition from Mar - Oct 2020. 2. Excludes Consumer Products and Platform revenue. WHO OWNS THE... Charging Deployment Rebalancing Repair Vehicle Permits Brand Data/Tech Platform % of H2 2020 sharing revenue² KEY IN-HOUSE OPS 6% Bird FLEET MANAGER OPS Partner 94% 26#27Aligned incentives in the mutually beneficial Fleet Manager operating model BIRD $ Efficient management ratio Fleet Managers provide logistics services for 100+ scooters each, driving meaningful scale Significant earnings become moat Earning potential as a Fleet Manager is far better than peer alternatives Hyper local knowledge Localized knowledge reduces city costs and improves operational outcomes Community Community of Fleet Managers drives retention Performance management Utilizing strategic tools, coaching, and incentives to further improve profitability STRONG FLEET MANAGER PARTNER RETENTION (Month-over-month partner retention¹) 98% 91% li Month 1 1. Month 1 corresponds to the first operational month for each cohort (e.g., July cohort Month 1 = 07/01/2020 - 07/31/2020). Adjusted for closed markets. Month 2 83% Month 3 80% Month 4 78% Month 5 11 78% Month 6 27#28BIRD LO BAG DDD HO3489814 Unit Economics 28#29Strong unit economics, even with winter-like COVID utilization In-House Ops during Winter (Q4 2019) Fleet Manager Ops during COVID (H2 2020) BIRD For every $10 earned Rides per Deployed Vehicle per Day ("RpD") Sharing Revenue¹ (-) Fleet Manager Rev Share (-) Charging & Repair (-) Other Ride Costs² Ride Profit (before Vehicle Depreciation) (-) Vehicle Depreciation Ride Profit (after Vehicle Depreciation) 2.1x $10.00 0.00 4.50 6.33 ($0.83) 8.83 ($9.66) COVID dampens demand Payments to Fleet Managers Fleet Managers do nearly all charging and repair Greatly reduced Service Center & field ops footprint Shift to 100% Bird-Designed vehicles (3-6x longer life) Note: Sharing Revenue and Ride Profit are non-GAAP metrics, see reconciliation in Appendix. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes vehicle and spare part sales. 2. Other Ride Costs includes service centers and field operations (including labor), mobile data, AWS, city revenue share, permits fees and CC fees. 1.3x $10.00 4.17 0.28 1.30 $4.24 2.84 $1.40 29#30Fleet Manager operating model has positive unit economics in the winter (after depreciation) BIRD RIDE PROFIT EVOLUTION (as % of sharing revenue¹) 50% 0% (50%) (100%) (150%) (200%) + FY2018 (155%) (348%) Q1 2019 (113%) (297%) Q2 2019 8% (67%) Q3 2019 I L 19% (36%) Q4 2019 FY2019 vs. FY2018: +265%² Bird-designed vehicles and operational improvements (8%) (97%) Q1 2020 (54%) (99%) Note: Ride Profit and Sharing Revenue are non-GAAP metrics, see reconciliation in Appendix. FY2018 and Q1/Q2 2019 includes fleet of legacy retail vehicles. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes Platform and Consumer Products vehicle and spare part sales. 2. Margin improvements based on Ride Profit (after Vehicle Depreciation). Q2 2020 I 15% (19%) COVID conditions Q3 2020 43% 16% Q4 2020 41% 10% Q1 2021 35% 9% Q3 2020-Q1 2020 vs. FY2019: +95%² Fleet Manager operating model Ride Profit (before Vehicle Depreciation) Ride Profit (after Vehicle Depreciation) 30#3175% of markets generated positive Ride Profit in H2 2020 (after vehicle depreciation) RIDE PROFIT PER RIDE (AFTER VEHICLE DEPRECIATION) BIRD Remaining COVID headwinds in certain tail cities Note: Constituent cities include those with > 15,000 rides in H2 2020, reflecting over 95% of sharing-related revenue. Ride profit is a non-GAAP metric. See appendix for reconciliation of company-wide metric. Ride profit per ride is ride profit divided by all rides in each city over the equivalent time period. 31#32BIRD L BIRD BIRD BIRD Financial outlook 32#33Clear plan for significant growth PENETRATION ~65% Further penetrate existing regions (existing cities + new cities) EXPANSION ~20% Expand to new regions Note: Illustrative growth initiative contribution estimated based on management's projected Capex spend allocation. 1 INNOVATION ~15% New form factors (e.g., Bird Bike) 2 3 33#34Fleet Manager operating model unlocks long-tail markets BIRD ONLY SCRATCHING THE SURFACE OF THE LONG-TAIL MARKET OPPORTUNITY Large Cities $3.0B Near-term Revenue Potential Current Annual Net Revenue² Long-tail Cities¹ $8.9B Near-term Revenue Potential Annual Net Revenue Opportunity³ DEPRECIATION) RIDE PROFIT MARGIN4 (AFTER VEHICLE SUPERIOR ECONOMICS SO FAR Lighter regulatory and competitive intensity in small cities Fleet Manager operating model minimizes fixed costs at city level (i.e., service centers), providing Bird an economic moat 10% Large Cities 1. Defined as cities with <500K population. 2. Based on existing Bird cities. Revenue based on KPIs realized from July 2020 through February 2021, annualized. 3. Annual Net Revenue Opportunity based on North America and EMEA Serviceable Addressable Market adjusted for near-term market penetration factor of 20%. 4. Ride Profit Margin after vehicle depreciation is a non-GAAP metric and produced on equivalent basis as Ride Profit in non-GAAP reconciliation in appendix. H2 2020 shown. 19% Long-tail Cities 34#35Continued innovation and new form factors, including e-bikes BIRD SHARING VO Captures more 3+ mile trips to expand sharing SAM by $20B+1 1. Expansion of Serviceable Addressable Market (detailed previously) to capture penetration of trips 5 miles or less in distance. 2. Source: Deloitte. 3. Source: QYResearch. COMING SOON Global e-bike retail market expected to reach $20B by 2023² 130 US E-bike Sales Growth Accelerating³ ('000s of Units) 2015 RETAIL 152 2016 2017 318 2018 +157% YOY 353 2019 908 2020 35#3623K 2018A BIRD AVG. DEPLOYED VEHICLES 44K 38K 46% CAGR 70K 2019A 2020A 2021P × 107K II 2022P 2023P $3.30 Operating metrics summary 198K 2018A $4.04 × $6.30 AVG. RIDES PER DEPLOYED VEHICLE PER DAY Return to pre-COVID mean by 2023 GROSS TRANSACTION VALUE PER RIDE 2.8x 2018A IIII 2019A 2019A 2020A 2021P 2.5x Ride lengths normalize $5.92 $5.88 2022P $5.28 1.3x 2023P 1.4x 2020A 2021P 1.9x 2022P 2023P $79M 2018A 2.4x $162M ‒‒‒‒‒‒‒__l || Note: GTV includes Product Sales business. Projections assume that GTV distribution between Sharing and Product Sales remains relatively in-line with historicals. GROSS TRANSACTION VALUE $115M 53% CAGR 2019A 2020A 2021P 24M 2018A 2019A $219M 40M $447M 2022P $897M RIDES 2020A 2023P 18M 44% CAGR 37M 2021P 76M 2022P 170M 2023P 36#37BIRD (in millions, unless otherwise noted) Rides Avg. Rides per Deployed Vehicles per Day Average Deployed Vehicles (in thousands) Gross Transaction Value YOY Growth (%) Revenue Financial forecast summary YOY Growth (%) Ride Profit (before Vehicle Depreciation) Ride Profit Margin (% of Sharing Revenue) Gross Margin Gross Margin (%) Operating Expenses % of Revenue Adjusted EBITDA % of Revenue FY2018A 24 2.8x 23 $79 $58 $(91) (155%) $(212) (363%) $157 268% $(194) (331%) FY2019A 40 2.5x 44 $162 105% $151 157% $(4) (2%) $(136) (90%) $250 166% $(229) (152%) FY2020A 18 1.3x 38 $115 (29%) $95 (37%) $16 20% $(24) (25%) $181 191% $(182) (192%) FY2021P 37 1.4x 70 $219 90% $188 99% $62 40% $21 11% $167 89% $(96) (51%) Note: Ride Profit and Adjusted EBITDA are non-GAAP metrics, see reconciliation in Appendix. Certain FY2019 amounts have been reclassed to conform with current period presentation. FY2022P 76 1.9x 107 $447 104% $401 113% $169 55% $110 27% $217 54% $(28) (7%) FY2023P 170 2.4x 198 $897 101% $815 103% $425 62% $308 38% $307 38% $144 18% 37#38Vehicle innovation and FM model underpin continued Ride Profit margin improvement BIRD For every $10 earned Sharing Revenue¹ (-) Ride Costs Ride Profit (before Vehicle Depreciation) % of Sharing Revenue (-) Vehicle Depreciation Ride Profit (after Vehicle Depreciation) % of Sharing Revenue In-House Ops during Winter (Q4 2019A) $10.00 10.83 ($0.83) (8)% 8.83 ($9.66) (97)% I Fleet Manager Ops during COVID (H2 2020A) Reduced through the FM model ! Fully shifted to Bird- designed vehicles I $10.00 5.76 $4.24 42% 2.84 $1.40 14% Note: Ride Profit is a non-GAAP metrics, see reconciliation in Appendix. Ride Profit (after Vehicle Depreciation) equated to Gross Profit for FY2023P for illustrative purposes. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes vehicle and spare part sales. 2. Other Ride Costs includes service centers and field operations (including labor), mobile data, AWS, city revenue share, permits fees and CC fees. I RpD increase maintains strong FM earnings Ongoing vehicle improvements Forecast (FY2023P) $10.00 3.78 $6.22 62% 1.73 $4.49 45% 38#39Multiple operational drivers and leverage to achieve profitability (95%) (129%) """" (192%) (331%) 2018A ADJUSTED EBITDA MARGIN BIRD (397%) (51%) (7%) H1 2019A H2 2019A H1 2020A H2 2020A 2021P 2022P Note: Adjusted EBITDA margin is a non-GAAP metric. See appendix for reconciliation. 18% 2023P Revenue Drivers Gross Margin Drivers OpEx Leverage (Steady-state Target % of Rev.) KEY DRIVERS New cities and regions Fleet Manager unlocks long-tail Variable FM cost structure Allows for winter profitability R&D Increased scale and automation (~5% of Rev.) Increased utilization Rebound post-COVID Lower city-level overhead Reduced service centers and labor S&M Long-tail city expansion (~5% of Rev.) New form factors Bird Bike Vehicle improvements Longer vehicle life and fewer repairs G&A Data-driven, systematized ops (~15% of Rev.) 39#40Well capitalized at close with scalable asset financing in place Cash Sources Capital Structure Sources SWBK Shares SWBK Cash in Trust PIPE¹ Total Sources STRONG BALANCE SHEET BIRD . ● ● . Switchback II Corporation has "$316M in cash in trust PIPE size of $160M "$667M in cash on balance sheet (assuming no redemptions) to fund growth and expansion Secured asset financing facility to fund CapEx Uses $M $2,400 Equity Consideration to Bird Shareholders² $2,400 316 Cash to Balance Sheet 160 $2,876 Transaction Fees 428 48 $ 2,876 Total Uses Pro Forma Capitalization Cash and Cash Equivalents (from de-SPAC) (+) Bird Cash on Balance Sheet Net Cash Equity Value (Post-Money) Enterprise Value $ 428 240 $ 667 $ 2,936 $2,268 ↑ SECURED ASSET FINANCING Financing for vehicle CapEx enabled by Bird's multi-year track record of vehicle retention and revenue from tens of millions of global rides Further unlocks equity returns by nearly 50% and matches Bird's cash outflows to when vehicles generate the most cash (i.e., spring and summer) Asset-level debt supports Bird's global growth ambitions without the restrictive covenants of a traditional credit facility $40M fully committed facility with Apollo for this year, plus a $150M accordion to cover 70% of global vehicle CapEx for 2022³ Note: Bird cash on balance sheet includes unrestricted and restricted cash as of YE2020 and adjusted for $208M of proceeds from convertible senior preferred equity financing and $8.8M of vehicle financing draw as of 30-Apr-2021 1. Assumes PIPE of $160.0M at $10.00 per share. 2. Equity value to Bird's existing shareholders is calculated as 240.0M Switchback II shares, using a $10.00 pro forma share price, on a fully diluted basis (excluding equity awards and restricted stock). Bird equity holders will also be entitled to receive an earnout following the closing of the transaction for shares that will be issuable upon the occurrence of certain triggers, including three separate share price achievements (30 million shares total, 10 million at each threshold, would be payable based on achievement of each of $12.50, $20.00, and $30.00 weighted average. sales prices over any 10 trading days within any 20 consecutive trading day period in the 5 years following closing). 3. Facility with Apollo Investment Corporation and MidCap Financial Trust (each managed or advised by Apollo Capital Management, L.P., or its affiliates) 40#41Quarterly financial performance update ● Q1 exceeded expectations driven in part by strengthening demand RpD improved throughout the period, reaching 1.3x in March 2021 (vs. FY2021P of 1.4x) despite seasonal headwinds GTV also increased quarter-over-quarter primarily due to execution of long-tail strategy alongside abating COVID conditions Ride Profit Margin¹ remained strong at 35%, further demonstrating strong economics under FM operating model Strong momentum has continued through Q2, positioning the Company to deliver on its objectives for the year ● ● ● (in millions, unless otherwise noted) Rides Avg. Rides per Deployed Vehicles per Day Average Deployed Vehicles (in thousands) Gross Transaction Value Ride Profit (before Vehicle Depreciation) % of Sharing Revenue Ride Profit (after Vehicle Depreciation) % of Sharing Revenue BIRD 1. Before Vehicle Depreciation FY2018A 24 2.8x 23 Q1 5 2.1x 27 $79 $(91) $(15) (155)% (113)% $(203) $(39) (348)% (297)% $15 Q2 11 2.7x 46 $45 $3 8% $(27) (67)% FY2019A Q3 16 2.9x 60 $64 $11 19% $(21) (36)% Q4 8 2.1x 41 $37 $(3) (8)% $(29) (97)% FY 40 2.5x 44 $162 $(4) (2)% $(116) (82)% Q1 4 1.6x 28 $23 $(9) (54)% $(16) (99)% Q2 2 1.4x 18 $13 $1 15% $(2) (19)% FY2020A Q3 8 1.6x 52 $50 $15 43% $6 16% Q4 5 0.9x 53 $29 $9 41% $2 10% FY 18 1.3x 38 $115 $16 20% $(10) (13)% 1 Q1 2021A 4 1.1x 47 $31 $8 35% $2 9% I 41#42Relative growth: Bird has experienced significant adoption Cumulative Revenue Since Founding ($M)¹ $350 $300 $250 $200 $150 $100 $50 BIRD $0 1 7 10 13 16 19 Months since Founding 22 25 28 31 34 37 40 Google DOORDASH Uber TESLA Bird is on track to outpace DoorDash "5 years in" Revenue ($M) Gross Margin DOORDASH FY2018 $291 19% FY2022E $401 29% 1. Defined as months operating with more than 100 vehicles in market for mobility, or date of first sale for retail; Uber, Google, Lyft and Tesla cumulative revenue based on publicly reported ride & revenue numbers, DoorDash cumulative revenue estimated based on market share. 42#43BIRD Closing Remarks 43#44Why Bird wins 1 Advanced electric micromobility vehicles 2 Aligned incentives in the Fleet Manager operating model 3 4 Category creator with strong barriers to entry 5 Strong unit economics BIRD Electrification of transportation tailwinds 6 Unparalleled leadership team BIRD BIRD BIRD 44#45BIRD Q&A BIRD 45#46BIRD Appendix BIRD 46#47Components of metrics & non-GAAP reconciliations (in millions) Gross Transaction Value Contra Revenue Platform Adjustment Revenue Product Sales Revenue Sharing Revenue Gross Margin Vehicle Depreciation Vehicle Count Adjustments Net Impact of Product Sales Division Ride Profit (before Vehicle Depreciation) % of Sharing Revenue Vehicle Depreciation Ride Profit (after Vehicle Depreciation) % of Sharing Revenue Net Income Net Interest (Income) Expense Income Tax Depreciation & Amortization Vehicle Count Adjustments Stock Based Compensation Tariff Refunds Net Other (Income) Expense Including Foreign Currency Adjusted EBITDA % of Revenue BIRD FY2018A $78.9 $(20.4) $0.0 $58.5 $0.0 $58.5 $(212.1) $112.5 $8.9 $0.0 $(90.7) (155%) $(112.5) $(203.3) (348%) $(367.4) $(1.6) $0.0 $113.4 $8.9 $53.0 $0.0 $0.0 $(193.8) (331%) Q1 $15.4 $(1.6) $0.0 $13.8 $(0.6) $13.2 $(44.6) $24.3 $3.9 $1.4 $(15.0) (113%) $(24.3) $(39.3) (297%) $(89.5) $(0.5) $0.0 $24.8 $3.9 $2.2 $0.0 $(0.2) $(59.3) (430%) Q2 $45.4 $(3.1) $(0.4) $41.9 $(1.7) $40.2 $(42.7) $30.0 $14.8 $1.0 $3.1 8% $(30.0) $(26.9) (67%) $(96.4) $1.7 $0.0 $31.2 $14.8 $1.3 $0.0 $(0.3) $(47.7) (114%) FY2019A Q3 $64.1 $(3.3) $(0.5) $60.3 $(3.2) $57.1 $(15.7) $31.4 $(6.9) $2.1 $10.9 19% $(31.4) $(20.5) (36%) $(101.2) $2.1 $0.0 $33.2 $(6.9) $26.0 $0.0 $(2.1) $(48.9) (81%) Q4 $37.0 $(2.6) $0.1 $34.5 $(4.5) $30.0 $(32.7) $26.5 $(2.1) $5.8 $(2.5) (8%) $(26.5) $(29.0) (97%) $(100.4) $1.4 $0.3 $26.9 $(2.1) $1.1 $0.0 $(0.4) $(73.2) (212%) FY $161.9 $(10.6) $(0.8) $150.5 $(10.0) $140.5 $(135.7) $112.2 $9.7 $10.3 $(3.5) (2%) $(112.2) $(115.7) (82%) $(387.5) $4.7 $0.3 $116.1 $9.7 $30.6 $0.0 $(3.0) $(229.1) (152%) Note: Certain FY2019 amounts have been reclassed to conform with current period presentation. FQ2019, FQ2020 and FQ2021 figures are unaudited and unreviewed. Q1 $23.2 $(2.4) $(0.6) $20.2 $(4.1) $16.1 $(16.5) $7.2 $(2.4) $3.0 $(8.7) (54%) $(7.2) $(15.9) (99%) $(70.2) $1.8 $0.1 $10.6 $(2.4) $2.3 $(23.2) $2.8 $(78.2) (387%) Q2 $13.3 $(0.7) $(2.2) $10.4 $(0.8) $9.6 $(6.1) $3.2 $(0.1) $4.4 $1.4 15% $(3.2) $(1.8) (19%) $(50.0) $1.7 $0.0 $5.7 $(0.1) $1.2 $(1.4) $(0.4) $(43.3) (416%) FY2020A Q3 $49.6 $(4.5) $(4.9) $40.2 $(6.6) $33.6 $1.1 $9.0 $4.4 $0.0 $14.5 43% $(9.0) $5.5 16% $(43.8) $1.5 $0.1 $11.1 $4.4 $1.2 $0.0 $(2.5) $(28.0) (70%) Q4 $29.1 $(3.0) $(2.3) $23.8 $(3.2) $20.6 $(2.0) $6.4 $3.6 $0.5 $8.5 41% $(6.4) $2.1 10% $(44.2) $1.6 $(0.1) $8.0 $3.6 $1.4 $(0.4) $(2.5) $(32.6) (137%) FY $115.2 $(10.6) $(10.0) $94.6 $(14.7) $79.9 $(23.5) $25.8 $5.5 $7.9 $15.7 20% $(25.8) $(10.1) (13%) $(208.2) $6.6 $0.1 $35.4 $5.5 $6.1 $(25.0) $(2.6) $(182.1) (192%) Q1 2021A $31.3 $(3.3) $(2.3) $25.7 $(4.1) $21.6 $2.0 $5.6 $(0.2) $0.2 $7.6 35% $(5.6) $2.0 9% $(76.2) $1.6 $0.0 $6.9 $(0.2) $1.5 $0.0 $35.6 $(30.7) (119%) 47#48Detailed transaction overview $2.3B Enterprise Value | $160M PIPE Transaction Highlights Cash Sources Valuation Capital Structure • BIRD Switchback II Corporation has ~$316M in cash held in the trust account PIPE size of $160M ~$2.3B EV with strong balance she Attractive valuation versus other mobility & logistics companies "$667M in cash on balance sheet (assuming no redemptions) to fund growth and expansion Pro Forma Ownership at $10.00/Share4 PIPE Investors 5.5% SWBK Investors 10.8 % SPAC Sponsor Shares 2.0 % Existing Bird Shareholders 81.8% Sources SWBK Shares SWBK Cash in Trust PIPE¹ Total Sources $M $ 2,400 316 160 $ 2,876 Ownership Breakdown Existing Bird Shareholders² SWBK Investors PIPE Investors¹ SPAC Sponsor Shares³ Equity Ownership Cash and Cash Equivalents (from de-SPAC) (+) Bird Cash on Balance Sheet Net Cash Equity Value (Post-Money) Enterprise Value Uses $M Equity Consideration to Bird Shareholders2 $2,400 Cash to Balance Sheet Transaction Fees Total Uses Pro Forma Capitalization Pro Forma Ownership4 Note: Bird cash on balance sheet includes unrestricted and restricted cash as of YE2020 and adjusted for $208M of proceeds from convertible senior preferred equity financing and $8.8M of vehicle financing draw as of 30-Apr-2021 1. Assumes PIPE of $160.0M at $10.00 per share. 428 48 $ 2,876 $ 428 240 $ 667 $ 2,936 $2,268 Shares (M) 240.0 31.6 % 81.8% 10.8 16.0 5.5 5.9 2.0 293.6 100.0 % 2. Equity value to Bird's existing shareholders is calculated as 240.0M Switchback II shares, using a $10.00 pro forma share price, on a fully diluted basis (excluding equity awards and restricted stock). Bird equity holders will also be entitled to receive an earnout following the closing of the transaction for shares that will be issuable upon the occurrence of certain triggers, including three separate share price achievements (30 million shares total, 10 million at each threshold, would be payable based on achievement of each of $12.50, $20.00, and $30.00 weighted average sales prices over any 10 trading days within any 20 consecutive trading day period in the 5 years following closing). 3. Excludes *1.98M SPAC sponsor shares subject to potential forfeiture, 50% of which are based on achievement of $12.50 price per share and remaining 50% based on $15.00 price per share, both over any 10 days within any 20 consecutive trading day period within 5 years of the closing of the transaction. 4. Pro forma ownership structure based on PIPE of $160M at $10.00 per share, assuming no redemptions by Switchback II shareholders. Excludes public and private SWBK warrants, existing Bird options/RSUS/warrants/restricted stock (7% of pro forma basic shares outstanding) and post-closing awards, I including management grants vesting over 4 years (2% of pro forma basic shares outstanding), and additional management grants issuable on the same triggers as the Bird equity holder earnout and vesting over 4 years (10% of pro forma basic shares outstanding). 48