#1INVESTOR UPDATE February 2024 Uber#2Forward-Looking Statements This presentation contains forward-looking statements regarding, among other things, our future business expectations, products, strategies and goals, including the future financial, strategic and operating performance of the Company. These forward-looking statements contained in this presentation are based on current expectations, estimates and assumptions and are contingent on many factors, including, among other things, market conditions and the Company's execution. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "hope," "intend," "may," "might," "objective," "ongoing," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors relate to, among others: competition; managing our growth and corporate culture; financial performance, including our ability to attain and sustain profitability and our ability to attain and sustain positive cash flow; investments in new products or offerings; our ability to attract drivers, consumers, and other partners to our platform; our brand and reputation and other legal and regulatory developments and proceedings, particularly with respect to our relationships with drivers and couriers. In addition, other potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K for the year ended December 31, 2022, and subsequent annual reports, quarterly reports and other filings filed with the Securities and Exchange Commission from time to time. All information provided in this presentation is as of the date hereof and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of such date. We undertake no duty to update this information unless required by law. Non-GAAP Financial Measures To supplement our financial information, which is prepared and presented in accordance with generally accepted accounting principles in the United States of America, or GAAP, we use the following non-GAAP financial measures: Adjusted EBITDA; Non-GAAP Costs and Operating Expenses; Free Cash Flow; as well as revenue growth rates in constant currency. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our recurring core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measures also facilitate management's internal comparisons to our historical performance. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. In light of these limitations we provide specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. For more information on these non-GAAP financial measures, please see the section titled "Non-GAAP Reconciliations" included at the end of this presentation. In regards to forward looking non-GAAP guidance and targets provided in this presentation, we are not able to reconcile the forward-looking non-GAAP Adjusted EBITDA or Free Cash Flow measures to the closest corresponding GAAP measure without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items. These items include, but are not limited to significant legal settlements, unrealized gains and losses on equity investments, tax and regulatory reserve changes, restructuring costs and acquisition and financing related impacts. Uber | Investor Update 2#3COMPANY OVERVIEW Uber | Investor Update#4Company Overview Committed to our mission We reimagine the way the world moves for the better Uber | Investor Update#5Company Overview We've proven out our platform's promise - and we're just getting started 91M Monthly Active Platform Consumers Q4'18 $50B Gross Bookings ($1.8B) Adjusted EBITDA² IPO¹ 150M $138B Monthly Active Platform Consumers 2023 Gross Bookings Q4'23 Uber | Investor Update $4.1B Adjusted EBITDA² 1. FY'18 is the first available full fiscal year data at the time of IPO 2. See Non-GAAP Reconciliations LO 5#6An outstanding management team committed to relentless innovation and improvement Dara Khosrowshahi Chief Executive Officer Joined Uber in 2017 Prashanth Mahendra-Rajah Chief Financial Officer Joined Uber in 2023 Jill Hazelbaker Senior Vice President, Marketing & Public Affairs Joined Uber in 2015 Nikki Krishnamurthy Chief People Officer Joined Uber in 2018 Tony West Senior Vice President, Chief Legal Officer, and Corporate Secretary Joined Uber in 2017 Gus Fuldner Senior Vice President, Safety & Core Services Joined Uber in 2013 Uber | Investor Update Pierre-Dimitri Gore-Coty Senior Vice President, Delivery Joined Uber in 2012 Albert Greenberg Vice President, Platform Engineering Joined Uber in 2021 Sundeep Jain Chief Product Officer and Senior Vice President, Engineering Joined Uber in 2018 Andrew Macdonald Senior Vice President, Mobility & Business Operations Joined Uber in 2012 6#7Company Overview As we've scaled, our platform has shown enormous power Breadth of offerings with unmatched global scale Shared and compounding marketplace tech Consumer and earner impact Best-in-class experience Higher engagement ✓ Better retention Uber | Investor Update Renowned brand and differentiated membership program Uber Operational excellence Financial impact Faster time to market and ramp of new offerings ✓ Lower customer acquisition and tech costs Higher margins and investment returns 7#8Company Overview Consumers are using more of our products and spending more on our platform More than a third of monthly consumers¹ are multi-product² Multi-product consumers spend over 3x more than single-product consumers³ 21% 34% Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 3.4x 3.0x Q4'21 Q4'23 Average single-product consumer Average multi-product consumer Uber | Investor Update 1. Consumers defined as the number of unique consumers in markets where we operate Mobility and Delivery who completed a Mobility ride and/or received a Delivery order on our platform at least once in a given month, averaged over each month in the quarter 2. Multi-product consumers defined as active consumers in markets where we operate Mobility and Delivery who used two or more products (either within a line of business or across lines of businesses) in a given month, averaged over each month in the quarter 3. Single-product consumers defined as active consumers in markets where we operate Mobility and Delivery who used one product in a given month, averaged over each month in the quarter 8#9Company Overview Cross-promotion at scale drives efficiencies in CAC The Mobility and Delivery apps are meaningful channels of growth for one another We have a dedicated product team building our cross-promotion paths The cost of incremental acquisition is 50% that of paid channels² 31% 22% of Delivery First Trips come from the Mobility app¹ of Mobility First Trips come from the Delivery app¹ 1. Markets where we operate Mobility and Delivery as of Q4'23 Uber | Investor Update 2. FY'23 US Delivery (non-iOS) consumer acquisition costs Paid channels CRM 6#10Company Overview Growing Uber One member base driving higher engagement @ 19M 30% 3.4x 3x member growth since Total Gross Bookings Q4'21 Coverage¹ Member vs. non member monthly spend² Uber | Investor Update 45% Delivery Gross Bookings Coverage 1. Percentage of Mobility and Delivery Gross Bookings coming from members as of Dec'23 2. Global monthly spend as of Q4'23 X 10:11 Welcome to Uber One, Eric See all the ways you can start saving on Day 1: @ $0 Delivery Fee Save on food, groceries, and more Up to 10% off orders Get discounts on Uber Eats 6% back on rides Earn Uber Cash while you ride Exclusive offers Member-only promotions Continue 10#11Company Overview Driver and courier engagement remains strong; more ways to flexibly earn via the Uber Driver app Single driver app = higher retention¹... +19pp Delivery-only +1pp Mobility-only ...and higher engagement² 1.7x Delivery-only 1.1x Mobility-only Delivery-only Mobility-only Cross-platform Delivery-only Mobility-only Cross-platform Uber | Investor Update 1. US 28-day earner retention data as of Q4'23 2. US supply hours per earner as of Q4'23 11#12Company Overview Uber's platform provides for low cost supply acquisition Courier acquisition and upsell is 50% of the cost of new driver acquisition¹ New/Resurrected Drivers Courier Acquisition & Upsell Uber | Investor Update 1. US data as of FY'23 ~20% of Mobility driver first trips come from the courier pool 22:47 LTE 3 Olamide 4.90 Inbox + Earn with Rides Opportunities Earnings Uber Eats Pro Wallet Account Start accepting UberX trips Rides and deliveries - you can do both. Sign up today, and you'll receive trips once you're approved. More opportunities to earn When you drive and deliver, rush hour can happen at any time.. Refer Friends Account Help 278 Maximum control Give rides, make deliveries, or do both it's up to you. Sign up 12#13Company Overview Business platform: more ways for partners to reach customers siness 70 83% 44M + Uber Uber for Business Health muber Direct Uber Connect Uber | Investor Update % % Advertising 13#14Company Overview Advertisers reach unique consumers and drive action across Uber's advertising ecosystem From awareness... Uber Video Journey Ad in Uber App Video Tablet Ad with Video & QR Code Chambers St 10:33 Chanters St AG Meet at your pickup spot on Broadway Ride details 5 min 000013 License plate is not available White Oldsmobile intrique 4.75* Arjun 4.75* Your price may include government mandated tees (NYC Sales Tax NYS Black Car Fund surcharge, and NYS Congestion surcharge) Any pickup notes 00:01 NISSAN Nissan Heisman House Watch More →→ Uber | Investor Update Ad NISSAN HEISMAN Knock, knock. The Heismans are here. Tebow & RGIII surprise fans with game day eats. Scan to watch more. Uber Sleep Volume Brightness 10:01 AM CC Dec 202 Uber Eats ...to action Homepage Billboard in Uber Eats App 12:201 Q Search Uber Eats Chick-fil-A 46 Starbucks So Delivery Fee-15 min $0 Deliver Post-Checkout Ad in Uber Eats App 00:25 12:20 NISSAN all HEISMAN HOUSE Nissan Heisman House Tebow & RGIll deliver game day eats Watch More → Ad Get $5 off $15 this Rivalry Weekend → Top picks: Breakfast and Brunch Delivery details Address New York, NY, USA Apt/Suite/Floor: 1 Change Drop-off options Meet at my door Dunkin' 46 Brooklyn Ba So Delivery Fee 10 min $4.49 Deliver Service Standard EQ Home Grocery Carts Account Add delivery instructions Change 14#15Company Overview Power of our shared technical platform: more data, more capabilities Identity Unified login, authorization, personalization Dispatching Upfront assignment, queuing, batching, positioning Infrastructure Storage, indexing/search, data flow, frameworks, configs, pipelines, ML labeling Maps Routing/navigation, pickup/dropoff points, ETAS Pricing Dynamic pricing/surge Support Agent network, automation, workflow, support channels Payments Unified wallet, local payment methods, risk and fraud tools Trip life-cycle State management, post processing, error management, receipts UberX Localization Language, tax, compliance Ordering On demand, scheduled, multi-job Reserve UberX Share Black Taxi Food Alcohol Grocery Connect Convenience HCV Freight 15 Uber | Investor Update#16Company Overview Massive data sets and shared architecture enhance AI capabilities 20K/ models trained per month 10M peak predictions per second Uber | Investor Update +$10 $7-12 extra per trip 7 AM 10 AM 3 eligible areas. Efficient Marketplace Matching, Routing, Dispatch, Pricing, Incentives Uber Risk & Safety ID verification, Fraud & incident prevention Support Beta Powered by Al 1 Wed, Feb 27, 9:41 AM End chat Inspired by your Uber rides Based on rides to or from merchant partners Marufuku Ramen $0 Delivery Fee⚫ 25 min Personalization Eats Feed, Search, Rides Kiwa $0 D expenses = [ ] for line in expenses_string.split if line.startswith("#"): continue date, value, currency = line.s expenses.append((datetime.date float(value), return expenses currency)) GenAl for Productivity Code, Data & Oncall assistants, Automated testing & fixes What are some options for the Margherita pizza under $20. Hello! I'm your support assistant, here to answer questions about driving and delivering with Uber. I'm not a human, so I'm available 24/7. GenAl for Automations Support bots, Document automations Here are some affordable Margherita pizza options. GenAl for Magical UX for consumers and earners 16#17Company Overview Core business and shared tech are clearly extensible: multiple multi-billion dollar adjacencies, with more to come UberX Online food delivery Uber | Investor Update 1. Trip growth FY'21-FY'23 Uber Reserve ~10x¹ Grocery & Retail ~2x1 Advertising Last-mile logistics And Hailables ~4x¹ Enterprise more... solutions And more... Travel 17#18Company Overview Driving sustainable earnings growth at scale 3-Year Outlook Gross Bookings Growth (Constant currency¹) Mid to high teens CAGR Primarily driven by MAPCs and Trips per MAPC growth Adjusted EBITDA² Growth Free Cash Flow² as % of Adjusted EBITDA² (Annual basis) High 30s% to 40% CAGR 90%+ Uber | Investor Update 1. Constant currency growth is calculated by translating our current period financial results using the corresponding prior period's monthly exchange rates for our transacted currencies other than the U.S. dollar 2. See Non-GAAP Reconciliations Healthy profitability expansion, while opportunistically reinvesting into longer-term growth Significant and improving Free Cash Flow conversion 18#19Company Overview What sets us apart Leading global platform to go anywhere and get anything Category-defining leadership serving multiple multi-trillion dollar markets with products leveraging our technology, infrastructure and platform W Substantial and sustainable growth opportunities Further penetration of market opportunities through innovation and expansion within anchor categories, with a focus on sustainable growth At a financial inflection turbocharged by platform benefits Robust Adjusted EBITDA generation and Free Cash Flow conversion driven by operating leverage, capital discipline, and structurally lower customer acquisition costs and higher lifetime value Uber | Investor Update 19#20H MOBILITY Make every journey better Uber | Investor Update 20#21Mobility Industry-leading scale, making every journey better Growth Profitability ~$70B in Gross Bookings (+32% YoY)¹ ~$5B in Adjusted EBITDA² $42B $69B $1.5B $5.0B 2018 2019 2020 2021 2022 2023 2018 2019 2020 Adj. EBITDA ($) 2021 2022 2023 ● Adj. EBITDA Margin³ 1. Growth rate shown on a constant currency basis Uber | Investor Update 2. See Non-GAAP Reconciliations 3. Adjusted EBITDA as a % of Gross Bookings Market Leadership Global player operating in >70 countries 10/10 Category leader in all top 10 countries 21#22Mobility Mobility is firing on all cylinders Supply +75% +56% Drivers¹ Vehicles¹ Demand +39% +13% Consumers¹ Trips Per Consumer¹ New geographies: “Unlock” markets now delivering $3B Gross Bookings annual run rate² Expanding use cases: 15% - 30% of Trips on non-UberX products¹ Low cost products: Moto + Auto account for 13% of consumer first Trips and 19% of Vehicle first Trips.³ UberX Share successfully launched in 13 countries Cost reduction: Driving down costs like support and payments to improve leverage ~70bps as a % of Gross Bookings4 Uber | Investor Update 1. Average monthly in Q4'23 vs. Q4'21 2.Q4'23 Gross Bookings annual run rate from Argentina, Germany, Italy, Japan, South Korea, & Spain 3. As of Q4'23 4. Q4'23 vs. Q4'21 22#23Mobility We keep adding fuel to the Mobility growth algorithm # of Consumers Trips per Consumer Gross Bookings per Trip Mobility Gross Bookings Uber | Investor Update # of Drivers More Demand More Supply × Supply Hours per Driver 23#24Mobility Success in Mobility starts with drivers, the engine of growth Local, on-the-ground operational execution has significantly increased our driver base Tech innovation and power of the platform → structural supply advantage Jan'22 Uber | Investor Update 1. Chart reflects monthly active Mobility drivers +75% Dec❜23 + Upfront fares & destination + Earnings transparency + Multi-gig earning opportunities + Earnings heatmap + Safety features + Reserved Trips ← 9:41 Choose how you would like to earn You can always change this later on. Delivery Pick up food and drinks from restaurants and deliver them. all Rides Pick up local passengers and drive them to their desired destination. + Deactivation Review Center Grocery Perform shopping duties at stores and deliver items to their desired location. Next 24#25Mobility Driver growth will come from both traditional base and new pools of supply Uber is the platform of choice in a growing gig economy Uber + Taxi = Better Together Driver Platform Preference¹ us Brazil UK Mexico Uber Competitor New York City San Francisco Los Angeles Paris London Rome Rio de Janeiro Cancun 2.5x Growth in active taxis² (~5% of overall driver base) • 1. Preference among multi-apping drivers for Uber vs. main competitor as of Q4'23 Uber | Investor Update 2. Average monthly in Q4'23 vs. Q4'21 3. As of Q4'23 Fleet partnerships add high-quality and highly engaged supply 18% of global supply hours come from Fleets³ Compared to non-Fleet supply: More supply hours per vehicle • Higher rate of accepted dispatches • Lower driver cancellation rate 25#26Mobility Even in our most mature markets, we are growing consumers at a strong pace - with lots of runway left Matching the higher penetration rates in our portfolio is a tens-of-billions of Gross Bookings opportunity Monthly consumer penetration Average monthly consumers¹ / Total population 18+ 20% 10% @UK penetration, US would add ~$13B annual GB @Mexico penetration, India would add ~$11B annual GB Reserve helps us unlock suburban consumers: 40% of Reserve Trips are non-airport L75% of these originate in the suburbs 0% Australia Brazil UK Canada us Mexico France Spain India Germany Q4'23 penetration Q4'21 penetration Uber | Investor Update 1. Consumers who took at least one Mobility Trip in a given month 26#27Mobility We still have plenty of headroom to increase consumers across our key use cases Airports is a $10B business, but we are still <10% penetrated on global airport Trips Uber for Business serves 170K orgs globally, but we are still <10% penetrated in the SAM* Global scale fuels trial: New consumers are 2x more likely to take their first trip to or from an airport² Better product-market fit: ~20% of US airport drop off Trips are now on Reserve³ Matching Fortune 500 capture rates and wallet share globally = $12B5 Global Uber for Business SAM Uber | Investor Update 1. Uber airport consumers / total originating + departing airport passengers as reported by OAG 2. Share of total Mobility first Trips which are to/from an airport is 2x vs. share of total Mobility Trips which are to/from an airport 3. As of Q4'23 4. Serviceable addressable market is business spend across U4B-served use-cases in Travel, Eats, Health, Transit, Ops/Logistics 5. Account capture is % of enterprise and mid-market companies signed up for Uber for Business Total Addressable Spend Among Existing Fortune 500 Accounts Fortune 500 Uber Spend Illustrative-only 27 22#28Mobility Unlocking new demographic segments will further step change consumer growth Market St Teens product materially expands our market 9:41 Uber Health and Call-to-Ride bring on more older adults Safety tools Safety Contact 911 0:03 (→) Contact safety agent Shared A Record audio Share ride info Report issue How you're protected Active Auto-detour detection RideCheck can help if a ride is disrupted or goes off course Trip automatically shared with Maria View Harry Smith Enrolled 5 Star Health Plan 3352628 Ride to Home 5673 Cypress St Wheelchair XL [NEMT] Ride to Cardiac Rehab 1320 W Washington Blvd Wheelchair XL [NEMT] Live trip tracking Your parent or guardian can follow your ride to make sure you get where you need to go. They'll also receive notifications when you request a ride, while you're on-trip, and when you arrive. 30M Global new consumers if Teens usage rate = GenPop¹ Benefits 30073429 (Medicare Advantage HMO) Rides Rx delivery Grocery delivery General medical rides 6/24 rides per month Learn more about this plan's benefits. View plan details Cardiology 38/50 rides per year Safety, independence, and peace of mind Uber | Investor Update 1. GenPop usage rate defined as unique annual consumers in FY'23/total population 18+ Overvi Gen 1-833-USE-UBER + Request new 28#29Mobility We're planting the seeds for consistent consumer growth in huge new countries where Uber is not yet a verb $1B 20 2021¹ $3B 2023¹ Uber | Investor Update เล Spain ~2X ~2X Japan 2021 2023 2021 2023 ~2X Germany Argentina ~11X 2021 2023 South Korea ■■Italy ~10X ~4X 2021 2023 2021 2023 2021 2023 1. Q4 Gross Bookings annual run rate 2. Country data is Gross Bookings 3. Growth multipliers shown on a constant currency basis 29#30Mobility A high proportion of low frequency consumers represents a huge opportunity to increase engagement 40% ~50% of consumers take only 1-2 Trips per month If all 1x consumers became 2x consumers = +$4B annual Gross Bookings % of Monthly Consumers 20% 0% Uber | Investor Update 1. As of Q4'23 1-2x 3-4x 5-6x 7-8x 9x+ Monthly Trips per Consumer¹ 30 30#31Mobility Our multi-product strategy to expand use cases is key to our vision to displace personal car ownership From a small set of core use cases to being relevant on all journeys Consumers who use Uber for 2+ use cases are more engaged overall - both on new products & UberX UberX Black Gross Bookings per consumer¹ 3x XShare Moto Reserve Taxi Shuttle Connect Rentals Auto Job Bikes + Intercity Scooters Health Hourly 1 Product 2+ Products Uber | Investor Update 1. As of Q4'23 ~15% ↓ Q4'21 ~30% Q4'23 Trips on products other than UberX 31#32Mobility Vast majority of global trips happen below the price point of UberX; low cost products unlock daily engagement Structurally lowering costs via: Less Expensive Form Factors Low cost products unlock higher frequency Cost Efficiency Mobility Monthly Trips per Consumer4 of Sharing Shuttle > Moto Auto 850M Annual Trips¹ from Moto + Auto, growing +90% YoY² XShare Shuttle 22 35 Mobility Trips per month from the top decile of product consumers³ Moto XShare Any Mobility Product 1. Q4'23 annual run rate 2. Average monthly Trips in Q423 vs Q4'22 Uber | Investor Update 3. 90th percentile of Mobility trips per rider among riders who are active on UberX Share and Shuttle, respectively. Figures exclude first time riders in a given month 4. As of Q4'23. Denominator is consumers who used a given product. Numerator is all Mobility Trips done by those consumers 5.6 10 32#33Mobility Our product portfolio serves consumer needs at various price points and delivers balanced growth in average fare Managing balanced growth across low cost and premium products supports modest average fare growth over time India Case Study Gross Bookings Avg Fare → Uber | Investor Update Moto Shuttle Low-cost offerings Premium offerings Standard offerings suv Black Reserve Hourly Intercity Comfort Electric Comfort Group UberX Green XShare Auto Rides Bikes + Scooters Convenience & Comfort → Modest overall average fare growth thanks to balance of Low Cost & Premium 2021 UberX Low Cost 2023 Premium Market Average Gross Bookings / Trip 33#34Mobility Autonomous vehicles will significantly expand our TAM 2 Lower average fare in turn leads to more consumers and higher engagement 1 Lower cost/mile on AV leads to lower average fare # of Consumers Uber | Investor Update # of Drivers Trips per Consumer More Demand More Supply Gross Bookings per Trip Mobility Gross Bookings Supply Hours per Driver + Autonomous Vehicles 34#35Mobility Leading AV companies are choosing Uber as the best autonomous platform partner to bring AVs to market Mobility Delivery Freight Uber offers the greatest value for AV partners Hybrid network of autonomous and human drivers → expedites AV commercialization while maintaining reliability and managing consumer experience Our matching efficiency and scale the best utilization and unit economics for AV fleets WAYMO • Aurora WAYMO VOLVO Motional Motional Aurora nuro TORC Our ridehailing go-to-market and operations expertise → allows AV companies to focus on responsibly advancing their AV technology ROBOTICS 10 live partnerships shaping the AV mobility, delivery, and freight ecosystem Uber | Investor Update serve Laabi CARTKEN 35#36Mobility Key Takeaways ☑ Compounding growth while improving margin via cost structure discipline Supply engine is delivering and will continue to power core business growth New geographies and segments, expanded use cases, and scaled low cost products will drive more consumers and higher engagement 平 Balanced product portfolio supports sustained top- and bottom-line growth AV platform partner of choice shaping the autonomous future of mobility Uber | Investor Update 36 96#37DELIVERY Deliver a better day Uber Eats Uber | Investor Update 37#38Delivery Delivery keeps delivering $8B Growth ~$65B in Gross Bookings (+15% YoY)¹ $64B Profitability ~$1.5B in Adjusted EBITDA² $1.5B Market Leadership 7 leading positions in our top 10 countries ($0.6B) 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 Adj. EBITDA ($) ● Adj. EBITDA Margin³ Uber | Investor Update 1. Growth rate shown on a constant currency basis 2. See Non-GAAP Reconciliations 3. Adjusted EBITDA as a % of Gross Bookings 10/10 Top countries by Gross Bookings saw category position gains in 2023 38#39Delivery Strong execution across our operational input metrics +8% Consumers¹ +11% Trips Per Consumer¹ +19% +29% Merchants¹ Couriers¹ Expanding Use Cases: 14% of Delivery consumers ordering Grocery & Retail monthly, up 6 pp² Growing Membership: Increased Membership coverage by over 20 pp to 45%2 Scaling Merchant Tools³: Direct is >100M annualized Trips and advertising ~$900M annualized revenue Uber | Investor Update 1. Average monthly in Q4'23 vs. Q4'21 2. Dec'23 vs. Dec'21 3. As of Q4'23 39#40Delivery Significant progress on bottom line with multiple levers to continue driving profit expansion Consumer Incentives¹ % of Gross Bookings Courier Cost per Trip² Operating Costs³ % of Gross Bookings ~200 bps -5% ~200 bps Q4'21 Q4'23 Q4'21 Q4'23 Q4'21 Q4'23 1. Uber's outlay towards consumer promos, which does not include any promos directly funded by merchants Uber | Investor Update 2. Online Food Delivery only, including base fare, incentives, and any payments related to local regulation. Excludes tips. Growth rate shown on a constant currency basis 3. Payments, insurance, support and platform costs that scale with volume, as well as fixed costs such as marketing and people 40 40#41Consistent execution across our growth building blocks will compound top line for the long-term Delivery # of Consumers Trips per Consumer Gross Bookings Delivery per Trip Gross Bookings Uber | Investor Update Supply (Merchant and Earner Partners) 41 1111#42Delivery We have plenty of headroom to increase monthly consumers Higher Penetrated Countries % of TAM¹ Only ~35% of Annual Consumers engage monthly Q4'21 Penetration Q4'23 Penetration 8% Monthly Consumers 22% Annual Consumers Lower Penetrated Countries % of TAM¹ Q4'21 Penetration Q4'23 Penetration 2% 7% Monthly Consumers Annual Consumers Uber | Investor Update 1. Higher Penetrated and Lower Penetrated countries represent samples from Delivery segment top 10 countries by Gross Bookings 2. TAM penetrations represent monthly and annual active consumers/total population 18+ 22 42#43Delivery Adding new merchants attracts and engages new consumers we are still early in capturing the opportunity - Active Merchants and Merchant TAM¹ <30% <10% <20% <10% <25% <5% <45% <35% <50% <25% United States Mexico France Spain United Kingdom Germany Taiwan (ROC) Canada Australia Chile Active Q4'21 Active Q4'23 TAM Uber | Investor Update 1. Include unique locations of restaurant and grocery merchants 43#44Delivery Membership is a powerful tool to grow engagement We've substantially grown Membership coverage of Delivery Gross Bookings As Membership coverage grows in a country, consumer engagement increases¹ Dec'21 23% Uber | Investor Update 1. Chart represents Delivery segment top 10 countries by Gross Bookings 45% Trips/Consumer Dec'23 Member Gross Bookings as % of Total Delivery 44#45Delivery Investments in the consumer experience drive increased engagement and retention In-app experience Reliability 9:41 1009 N 42nd St Q Search Uber Eats Sushi Pizza Burgers Mexican Uber One -> Pickup Offers Ra Featured on Uber Eats Sweetgreen $0 Delivery Fee-15-25 min 4.5 (15,900+) Order again Affordability - 420 bps Simplified Navigation Universal search and easy access for location, cart, Categories & Filters Frictionless page filtering Ono Haw Carousel-Based Feed New carousel content, ranking, ads ranking $0 Deliv 4.5 (15.9 Spend $30, save $10 Spendi A 5 EQ 目 Home Grocery Browse Orders Account High Intent Bottom Tabs Entry points for grocery and reorder use cases In-app improvements to aid in discovery and surface more content Dec❜21 Dec'22 Dec❜23 ~25% Reduction of Incomplete Delivery Trips We've been able to lower net consumer fees¹ as % of basket² significantly At today's scale the reduction in failed Trips³ results in >$500M in annualized Gross Bookings 1. All fees paid by the consumer, net of promotions and Membership discounts Uber | Investor Update 2. Gross value of items purchased before discounts or promotions 3. Orders that were placed but not fulfilled 45#46Delivery We're building a world class Grocery & Retail product to expand into new use cases and categories 9:41 Grocery Q Search Uber Eats Stores Get it fast go Alcohol Stores near you R → 9:41 Valentines Day Total Reds Seamless search experience Easily navigate thousands of merchants and SKUs across Grocery & Retail via filters and universal search Wine from Total Wine COSTED SPROUTS Sprouts Costco 35 min + 15 min Το Walgreens 45 min FR Fres 30 $24.99 Make it quick. Eat it quicker Easy and delicious meals Shop grocery Summer Essentials Uber | Investor Update Stolpman. $21.99 $16.99 Decoy California Josh Cellars Vineyards Lov... Cabernet Sauvi... Cabernet Sauvi VONS For your Valentine From Vons Prominent brand placement Driving awareness of the major Grocery & Retail brands on our platform $10.99 $24.99 $24.99 Ferrero Rocher Carian's Bistro Carian's Bistro 85 EQ 目 Home Grocery Browse Orders Personalized content Leveraging platform-wide data to curate personalized content and experiences for consumers 1. Portion of monthly Grocery & Retail consumers who reordered within 28 days of their last order Consumer Retention¹ +580 bps Dec❜21 Dec'22 Dec❜23 46 46#47Delivery Grocery & Retail grows the number of purchasing occasions and helps to further increase engagement 1:15 © 1 1:19 ← Mission Chinese Food a Alcohol Bundled Drinks Other Bundled Items Bundled order Bundle items from local favorites Mission Chinese Food + Add items Add on items from nearby stores for no added Delivery Fee Chongqing Chicken Cafe Valencia > Wings 1 + $0 Delivery Fee Indexed Trips per consumer by Delivery consumer type¹ 3.7x $16.00 Add an order note > Utensils, special instructions, etc. 7-Eleven Coxinha Carrot Cake + Brigadeiro Capu (Sma $6.50 $3.50 Cheese Bread (Pao De Queijo) $6.50 (2 pcs) $3.95 7-Eleven $0 Delivery Fee Reese's Peanut $0 Delivery Fee for these items + Add items Coke Classic 1 Liter Best match □ 1 + $3.69 Pringles Sour Cream and Onion 5.5oz Best match. $4.29 Coke Classic 1 Gatorade Zero 5-Hou $3.69 Glacier Freeze 28oz $4.09 Extra Berry Go to checkout $4.69 Butter Cup King Liter Size 3oz $3.89 Uber | Investor Update 1. As of H2'23 □ 1 + 1.0x Only Food Delivery Consumer 3.0x Food Delivery and Grocery & Retail Consumer Food Delivery and Grocery & Retail Member 47#48Delivery Direct expands our TAM and complements our marketplace 18 Active markets 9:41 9:41 9:41 Franklin St 1.2mi × Oak St Delivery (10) $42.65 Exclusive Expected tip included 45 min (12.2 mi) total Walmart Park Place 123 Main St, Seattle This delivery has bulky items Grab a shopping cart to safely transport the items to your car. You'll be paid an extra $7 for completing this delivery. Issue with delivery Pick up from the customer After accepting, you'll navigate to the customer's location, where you can pick up the item. All deliveries will be in sealed packages. Accept (0:08) Parcel Delivery Got it Order verified Accept package pickup Decline Big & Bulky Package Returns Uber | Investor Update 1. Q4'23 vs. Q4'21 110 4143 Jestal ~3.5x Increase in Direct Trips¹ THANK YOU! Uber >60% of Direct Trips are non-restaurant deliveries 48#49Delivery Our marketing tools, ads and offers, drive value for our merchants and advertising partners ← chipotle 9:41 10:341 Q Cereal Q Search Uber Eats 1009 N 42nd St Restaurants All Restaurants Grocery Convenience Alcohol 80 Results Spend $15, Save $3 Pizza Fast Food Burgers Deals Best Overa Buy 1 Get 1 Free Better Burger (Guadalupe St) 4.5 Sponsored $1.49 Delivery Fee 15-30 mins Buy 1, Get 1 Free Sushi Burgers Mexican Fast foo Uber One Pickup Offers ☆ R Featured on Uber Eats Casa Taqueria Spend $30, save $10 4.6 -$0.99 Delivery Fee 40-50 min - Sponsored Spend $35, Save $3 Chipotle Mexican Grill (100 Maiden Ln) $3.49 Delivery Fee 40-50 min Asian Express (Guadalupe St) $1.49 Delivery Fee 20-35 min 20% off, up to $8 More locations 20% off, up to $8 EQ Home Carts EQ Sponsored Listings Ads in Search Crunch Chicken Kitchen 4.5 (15,900+)-15-25 min $0 Delivery Fee Order again + Spend S 152 results + Popular Reese's Puffs Cinnamon Toas Crunch Reese's Puffs Sweet & Crunchy Corn Cereal, 11.5 oz $3.79 Sponsored Cinnamon Toast Crunch Classic Sweetened Wheat & R... $3.79 Sponsored COCOA PEBBLES Cinnamon Toast Crunch Classic Post Cocoa Pebbles Family Size Cereal, 19.5 Sweetened Wheat & R... $3.79 oz $4.79 Spend $30, save $10 Spend A ඊ EQ 目 Home Grocery Browse Orders Account Account Merchant Offers Uber | Investor Update 1. As of Dec'23 2. Includes advertising dollars and merchant funded offers 3. Average Return on Ad Spend for FY'23 Popular Popular FAMILY SIZE Cheerios UNCH CRUN == Asles Order Again CPG Ads ~5% Total spend on ads and merchant offers as % of Gross Bookings1,2 Best-in-class country >10% of Gross Bookings u>8x Average Return on Ad Spend³ 49#50Delivery Key Takeaways ☑ Delivering accelerating top line and substantial margin expansion There is still ample opportunity in our core business. We are early in capturing both the consumer and merchant opportunity We continue to make broad-based gains in our competitive positions. As a global Delivery player, we are winning on the breadth and quality of our offering We have the levers in place to compound growth. Investments in new use cases, membership, and consumer experience will drive consumer and engagement growth Our Delivery platform unlocks growth and margin opportunities. Both our Uber Direct and Advertising businesses are showing substantial growth with margin opportunity ahead Uber | Investor Update 50#51ECONOMIC IMPACT & REGULATORY PROGRESS Uber | Investor Update 51#52Economic Impact & Regulatory Process Uber's impact on the world is greater than ever 6.8M Drivers & Couriers 70+ Countries $280B+ $61.9B Driver & Courier Earnings since 2016 Driver & Courier Earnings in 20231 1458 +Uber Take a photo of your DVLA Plastic Driving Licence www.am 7 WA all 80 Flexible work is more important than ever 9 out of 10 drivers and couriers say they would not keep driving or delivering if it didn't offer flexibility² Uber | Investor Update 1. Earnings inclusive of tips 2. Source: 2022 survey of Australian drivers and couriers 52 52#53Economic Impact & Regulatory Process D ST 9:41 VILLAGE 三の 9:41 9:41 . To ensure we remain the platform of choice for flexible work, we're always innovating and improving the driver and courier experience BLVD Seat International Park -E FERSON ARK Exposition Park Rose Garden SOUTH LOS ANGELES 110 UberX Exclusive $16.05 4.95 $3 Surge included 4 min (1.1 mi) away Los Angele -10-E- San Marino St & Irolo St, LA 20 min (7.3 mi) trip S Central Ave & 56th St, LA Accept E 7TH ST ON AVE Record your trips with your phone Recording helps encourage respectful interactions with riders. You can also send recordings to our Support team if there's a safety issue. How it works ◉ No new equipment The Uber app will use your phone's camera and microphone to record trips automatically. Rider notifications We'll notify your riders that the trip is being recorded. Safety reports You can send the recordings to our Support Next Request review Your account has been deactivated because we determined that you violated your agreement with Uber (which includes adhering to the Community Guidelines). If you think this deactivation was an error or can provide additional information (video, photo, or other documentation not previously submitted) that's relevant to your deactivation, you can request an appeal. A member of our team will review your account and any information you provide with your appeal request. The appeals process usually takes 7 days, but sometimes we need additional time. We'll send you an email letting you know the Start Upfront Fares & Destinations Record my Ride Deactivation review Uber | Investor Update 53 33#54Economic Impact & Regulatory Process Defining the future of work: flexibility with benefits and protections 54 Uber | Investor Update#55Economic Impact & Regulatory Process 235,000 taxi drivers in 33 countries are earning on Uber Uber Taxi In 2023, taxi drivers globally earned $1.6B by accepting trips via Uber. Using Uber means taxi drivers can stay busier and earn more, while our consumers get better service. In San Francisco, for example, taxi drivers who take UberX trips earned on average 27% more than those who don't. That's almost $1,800 a month from Uber trips alone. In Buenos Aires, we found that drivers tripled their hourly earnings on Uber after they started taking UberX trips. Uber | Investor Update 55#56Economic Impact & Regulatory Process CAVE NERO Uber | Investor Update Coming soon PSII CAB 56 56#57Economic Impact & Regulatory Process World's largest zero-emission vehicle rideshare platform We have more than 126,000 monthly active zero-emission vehicle drivers, doubling from this time last year and completing 287 million Trips over the last three years alone. 18K Monthly Active ZEV Drivers (Global) ~7x Uber | Investor Update Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 126K 57 40#58Economic Impact & Regulatory Process Uber | Investor Update Uber drivers have become the world's early adopters of EVs, going electric 7x faster than regular motorists 58#59Economic Impact & Regulatory Process Investing in sustainability isn't just the right thing to do, it's also good for business 62% of Gen Z prefer to buy from sustainable brands¹ 54% are willing to pay 10% more for sustainable products¹ Environment is a top concern among Alpha and Gen Z² AY NOT SINGLE PLASTICS VET USE THE ONLY H Take care of the Earth SAVE OVER PL EARTH it's The onlyone we HAVE P 1. Source: First Insight Uber | Investor Update 2. As of H2'23 Take care of each other 59#60Economic Impact & Regulatory Process Cities Earners Taxis Uber | Investor Update 60#61لا DELIVERING PROFITABLE GROWTH Uber | Investor Update 61#62Delivering Profitable Growth Ö 92.3 LA's NEW Home for Hip-Hop Uniquely positioned at the intersection of the digital and physical world J↑ Network effects supported by industry leading marketplace technology Why Uber Building a more positive world with an enormous impact Opportunity to extend profitable growth and strengthen capital allocation Uber | Investor Update 62#63Delivering Profitable Growth Significant growth and momentum since IPO Gross Bookings Adjusted EBITDA¹ +2.8x +$88B $65B $58B $50B $90B $115B $138B +$6B $1.7B $4.1B 2.9% ($0.8B) 1.5% ($1.8B) ($2.5B) ($2.7B) (0.9%) (3.7%) (4.2%) (4.4%) 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 Mobility Delivery Freight Adjusted EBITDA Margin² Adjusted EBITDA 1. See Non-GAAP Reconciliations Uber | Investor Update 2. Adjusted EBITDA as a % of Gross Bookings 80 63#64Delivering Profitable Growth Compelling financial track record Adjusted EBITDA Profitability (Q3'21) Growth at scale Positive Free Cash Flow (Q2'22) 20%+ Gross Bookings CAGR (2021-2023) GAAP Operating Profitability (Q2'23) Met or exceeded Gross Bookings and Adjusted EBITDA expectations for 8 straight quarters Uber | Investor Update 64#65Delivering Profitable Growth Driving sustainable earnings growth at scale 3-Year Outlook Gross Bookings Growth (Constant currency¹) Mid to high teens CAGR Primarily driven by MAPCs and Trips per MAPC growth Adjusted EBITDA² Growth Free Cash Flow² as % of Adjusted EBITDA² (Annual basis) High 30s% to 40% CAGR 90%+ Uber | Investor Update 1. Constant currency growth is calculated by translating our current period financial results using the corresponding prior period's monthly exchange rates for our transacted currencies other than the U.S. dollar 2. See Non-GAAP Reconciliations Healthy profitability expansion, while opportunistically reinvesting into longer-term growth Significant and improving Free Cash Flow conversion 65 59#66Delivering Profitable Growth It all starts with the power of the platform Breath of offerings with unmatched global scale Renowned brand and differentiated membership program Power of the Platform Shared and compounding Operational excellence marketplace tech More affordable price points B2B Operating leverage New age groups Emerging market products Travel Scheduled Higher investment returns Lower CAC, higher engagement and retention Faster time to market to drive consumers and frequency Uber | Investor Update 99 66#67Delivering Profitable Growth Key growth drivers Gross Bookings Model Consumers Monthly Active Platform Consumers ("MAPCS") Engagement Monthly Trips per MAPC Spend Gross Bookings per Trip TTT ปา ← Uber | Investor Update || Gross Bookings 20 67#68Delivering Profitable Growth Still in very early stages of penetrating our large TAMS 80M 102M MAPC Growth¹ Our Opportunity 15% CAGR 82M 107M 123M Future Drivers 140M <5% monthly consumer penetration² New and emerging geographies New consumer demographics Expanded use cases 2018 2019 2020 2021 2022 2023 Uber | Investor Update 1. MAPC amounts shown for each year represent the average of the quarterly MAPCs for each respective year 2. "Monthly consumers" (MAPCs) as a percentage of population of people over the age of 18 across Mobility and Delivery active countries 68#69Delivering Profitable Growth Deepening engagement by getting consumers to use Uber more Monthly Trips per MAPC¹ Growth 5.5 5.7 5.1 5.0 5.2 6% CAGR 5.6 Our Opportunity <50% of MAPCs use Uber only once or twice per month Future Drivers Multi-product use Membership Data-led product improvements 2018 2019 2020 2021 2022 2023 Uber | Investor Update 1. Average monthly Trips divided by MAPCs for each year. MAPC amounts shown for each year represent the average of the quarterly MAPCs for each respective year 69 69#70Delivering Profitable Growth GAAP operating profitability achieved in Q2'23 GAAP Operating Income (Loss)¹ Adjusted EBITDA 1,2 Adjusted EBITDA Margin³ 3.4% 3.1% $916 $1,092 2.7% $761 2.4% $665 2.2% $516 $364 1.8% $652 $394 $326 $168 1.3% ($142) ($262) $1,283 0.6% ($482) ($495) ($713) Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Uber | Investor Update 1. Figures in millions 2. See Non-GAAP Reconciliations 3. Adjusted EBITDA as a % of Gross Bookings 70#71Delivering Profitable Growth A majority of our top markets are profitable, and have increased profitability in the last two years Not Profitable X Margins Reduced Uber | Investor Update Adj. EBITDA Margin² FY'23 7% 2% ~3pp Profitable X Margins Expanded Mobility Total Top Ten Countries 1. Top 10 countries shown based on Gross Bookings for FY'23 for each segment 2. Adjusted EBITDA as a % of Gross Bookings for each respective segment 85% of Top Countries¹ Profitable Demonstrating power of the platform Adj. EBITDA Margin FY'23 vs. FY21 85% of Top Countries Improved Margins Since FY'21 Delivery Total Top Ten Countries Continued Headroom for Margin Expansion Majority remain below best-in-class 71#72Delivering Profitable Growth Significant progress on bottom line with multiple initiatives to continue driving profit expansion Support¹ (% of GBs) Cost of Payments² (% of GBs) R&D and G&A (Non-GAAP)³ (% of GBs) ~280 bps ~100 bps ~80 bps 2019 2021 2023 2019 Reduced in-person support Increased automation Low cost locations Reduced defects 2021 2023 2019 2021 2023 Volume-based discounts Payment on-shoring Least cost routing Alternative payments Fraud prevention 3% Headcount Growth CAGR4 Future margin expansion drivers Support Unlock Generative Al opportunities to improve support experience and drive cost efficiencies Payments Leverage new tech functionalities across the platform to minimize payment costs Fixed Cost Leverage Maintain cost discipline on headcount and SBC Uber | Investor Update 1. Primarily includes refunds & appeasement expenses and support agent costs 2. Includes payment card fees, chargebacks, and other payment-related expenses 3. See Non-GAAP Reconciliations 4. Compared to 2019 72#73Delivering Profitable Growth Free Cash Flow has reached an inflection point Adjusted EBITDA¹ Free Cash Flow¹ Free Cash Flow Conversion² Uber | Investor Update ($7.1B) ($10.4B) 2018-2020 ~60% (% of Adj. EBITDA) $5.0B $3.0B 2021-2023 1. See Non-GAAP Reconciliations 2. Free Cash Flow conversion shown as an annual average, and defined as Free Cash Flow as a percentage of Adjusted EBITDA 90%+ (% of Adj. EBITDA) 2024 - 2026 73#74Delivering Profitable Growth Drivers of Free Cash Flow as % of Adjusted EBITDA Adjusted EBITDA → Profit growth from high 30s % to 40% (3-year CAGR) → Cash taxes increase as profitability grows in select markets Interest & Taxes → Reduce cost of debt as credit improves and earn income on growing investment base Operational Working Capital → Modest use of cash, generating continued leverage → Driven by expense growth and by timing related to consumer collections and earner payouts Changes to → Uber owns and operates a captive insurance company Cash flows attributable to reserve growth are typically restricted, and not available for daily operations, but earn investment income Primarily driven by US Mobility Trip growth and the cost of insurance Insurance Reserves¹ → → Capital Expenditures → Asset-light business model, generating continued leverage → Improvement driven by facilities rationalization and transition from on-premise to cloud hosting Uber | Investor Update 1. Insurance Reserves are an accrual for estimated future claim payments related to insurance risk retained by Uber. Reserves are accrued as Trips are completed and incurred on a per mile basis. The reserve balance is accrued losses net of payments made for resolved claims 74#75Delivering Profitable Growth Capital Allocation Framework Uber's capital allocation is centered around strong levels of liquidity for growth and a focus on long-term total shareholder return ◉ R Prioritize Growth Optimize Responsibly deploying capital on organic investments and acquisition opportunities that are aligned with our growth strategy Solid investment grade ratings Maintain strong liquidity Liquidity Target a gross leverage ratio of ~2x Long-term Return Return excess capital with bias toward share repurchases and long-term share count reduction Inaugural Share Repurchase Authorization $7 Billion Uber | Investor Update 75#76Delivering Profitable Growth Summary investment highlights Strong financial track record of sustained growth and profitability expansion Mid to high teens Gross Bookings CAGR, supported by massive addressable markets and expansion of new products and services Operational rigor to continue driving outsized profitability and cash flow growth; Adjusted EBITDA to grow >2x the rate of topline growth with 90%+ Free Cash Flow conversion ☑ Disciplined capital allocation framework focused on ensuring optimal liquidity for growth and total long-term shareholder return Uber | Investor Update 76#77Non-GAAP Reconciliations Uber | Investor Update#78Adjusted EBITDA Reconciliation (Unaudited) $ in millions Year Ended December 31, Adjusted EBITDA Add (deduct): Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairments/loss on sale of assets Restructuring and related charges, net Driver appreciation award Payroll tax on IPO stock based compensation Mass arbitration fees, net 2018 2019 ($1,847) ($2,725) 2020 ($2,528) 2021 2022 2023 ($774) $1,713 $4,052 (340) (353) 35 (526) (732) (9) (237) (8) (317) (157) (25) (84) (57) (362) (2) (51) (299) (86) (43) 14 Legacy auto insurance transfer (103) Gain (loss) on lease arrangement བ 4 5 (7) (4) Acquisition, financing and divestitures related expenses (15) Accelerated lease costs related to cease-use of ROU assets COVID-19 response initiatives Depreciation and amortization Stock-based compensation expense (86) (102) (46) (36) (102) (5) (6) (106) (54) (1) (426) (472) (575) (902) (947) (823) (172) (4,596) (827) (1,168) (1,793) (1,935) Other income (expense), net Interest expense 4,993 722 (1,625) 3,292 (7,029) 1,844 (648) (559) (458) (483) (565) (633) Income (loss) from equity method investments (42) (34) (34) (37) 107 48 (Provision for) benefit from income taxes (283) (45) 192 492 181 (213) Net (income) loss attributable to non-controlling interest, net of tax 10 6 20 74 (3) (269) Net income (loss) attributable to Uber Technologies, Inc. $997 ($8,506) ($6,768) ($496) ($9,141) $1,887 Uber | Investor Update 78#79Adjusted EBITDA Reconciliation (Unaudited) $ in millions Adjusted EBITDA Add (deduct): Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairments/loss on sale of assets Restructuring and related charges, net Mass arbitration fees, net Gain (loss) on lease arrangement Three Months Ended March 31, June 30, Sept 30, Dec 31, March 31, June 30, Sept 30, Dec 31, 2022 2022 2022 2022 2023 2023 2023 2023 $168 $364 $516 $665 $761 $916 $1,092 $1,283 (368) (283) (81) (250) 155 13 73 སྐྱེS་S (13) (4) (8) (67) (16) (2) 1 (22) (9) (4) (16) 14 1 2 1 (8) Acquisition, financing and divestitures related expenses (14) (6) (19) (7) (8) (10) (9) (9) Accelerated lease costs related to cease-use of ROU assets (6) COVID-19 response initiatives Depreciation and amortization Stock-based compensation expense Other income (expense), net Interest expense Income from equity method investments (Provision for) benefit from income taxes Net (income) loss attributable to non-controlling interest, net of tax Net income (loss) attributable to Uber Technologies, Inc. (1) (254) (243) (227) (223) (207) (208) (205) (203) (359) (470) (482) (482) (470) (504) (492) (469) (5,557) (1,704) (535) 767 292 273 (52) 1,331 (129) (139) (146) (151) (168) (144) (166) (155) 18 17 30 42 36 4 3 5 232 (77) (58) 84 (55) (65) 40 (133) (12) 15 (2) (5) 2 (271) ($5,930) ($2,601) ($1,206) $595 ($157) $394 $221 $1,429 Uber | Investor Update 79#80Free Cash Flow Reconciliation (Unaudited) $ in millions Net cash provided by (used in) operating activities Purchases of property and equipment Free Cash Flow Uber | Investor Update Year Ended December 31, 2018 2019 2020 2021 2022 2023 (1,541) (4,321) (2,745) (445) 642 3,585 (558) (588) (616) (298) (252) (223) ($2,099) ($4,909) ($3,361) ($743) $390 $3,362 80 80#81Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in millions Year Ended December 31, 2019 2020 GAAP Research and development Payroll tax on IPO stock-based compensation Restructuring and related charges Acquisition, financing, and divestitures related expenses Goodwill and asset impairment/loss on sale of assets Stock-based compensation Non-GAAP Research and development Gross Bookings $4,836 $2,205 2021 $2,054 2022 2023 $2,798 $3,164 (53) (31) (84) (17) (12) (22) (52) (2,958) (477) (614) (1,060) (1,215) $1,794 $1,632 $1,366 $1,738 $1,932 65,001 57,897 90,415 115,395 137,865 GAAP Research and development as % of Gross Bookings 7.4% 3.8% 2.3% 2.4% 2.3% Non-GAAP Research and development as % of Gross Bookings 2.8% 2.8% 1.5% 1.5% 1.4% Year Ended December 31, 2019 2020 2021 2022 2023 GAAP General and administrative Payroll tax on IPO stock-based compensation $3,299 $2,666 $2,316 $3,136 $2,682 (17) Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairment/loss on sale of assets Restructuring and related charges Gain (loss) on lease arrangements, net (389) 93 26 (635) (22) (8) (299) (101) (25) (84) (5) (86) (8) 5 (7) (5) Acquisition, financing, and divestitures related expenses (45) (66) (38) (27) Accelerated lease costs related to cease-use of ROU assets (102) (5) (6) Mass arbitration fees (43) 14. Stock-based compensation Non-GAAP General and administrative Gross Bookings (942) (230) (332) (477) (440) $1,938 $2,002 $1,795 $1,962 $2,096 65,001 57,897 90,415 115,395 137,865 GAAP GAAP General and administrative as % of Gross Bookings 5.1% 4.6% 2.6% 2.7% 1.9% Non-GAAP GAAP General and administrative as % of Gross Bookings 3.0% 3.5% 2.0% 1.7% 1.5% Uber | Investor Update 81#82Uber