#1DOORDASH Wolt November 2021 7:24 Deliver to 303 2nd Street American Chinese Vietnamese Pizza Mex Sort ✔ Under 30 min 4.5⭑ Local Favorites Sando a Mano 20 min $0 delivery fee Imporiu 20 min. First Order, $0 Delivery Fee A 0 Delivery Pickup Search Orders Account 1#2Forward Looking Statements Disclaimer This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events, including the timing of the proposed transaction and other information related to the proposed transaction. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could,” “intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern the proposed transaction and our expectations, strategy, plans or intentions regarding it. Forward-looking statements in this communication include, but are not limited to, (i) expectations regarding the timing, completion and expected benefits of the Wolt Enterprises Oy ("Wolt") transaction, (ii) plans, objectives and expectations with respect to future operations, stakeholders and the markets in which we, Wolt and the combined company will operate, and (iii) the expected impact of the proposed transaction on the business of the parties. Expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks, uncertainties and other factors relate to, among others: risks and uncertainties related to our pending acquisition of Wolt, including the failure to obtain, or delays in obtaining, required regulatory approvals, the failure to satisfy any of the closing conditions to the proposed transaction on a timely basis or at all and costs and expenses associated with failure to close; costs, expenses or difficulties related to the acquisition of Wolt, including the integration of the Wolt's business; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; the potential impact of the announcement, pendency or consummation of the proposed transaction on relationships with our and/or Wolt's employees, customers, suppliers and other business partners; the risk of litigation or regulatory actions to us and/or Wolt; inability to retain key personnel; changes in legislation or government regulations affecting us or Wolt; developments in the COVID-19 pandemic and resulting business and operational impacts on us and/or Wolt; and economic, financial, social or political conditions that could adversely affect us, Wolt or the proposed transaction. For additional information on other potential risks and uncertainties that could cause actual results to differ from the results predicted, please see our Annual Report on Form 10-K for the year ended December 31, 2020 and subsequent Form 10-Qs and Form 8-Ks filed with the Securities and Exchange Commission (the "SEC"). All information provided in this communication is as of the date of this communication and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable, and information available to us, as of such date. We undertake no duty to update this information unless required by law. 2#3Additional Information No offer or solicitation: This communication shall 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 jurisdiction 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 U.S. Securities Act of 1933, as amended. Important additional information will be filed with the SEC: DoorDash will file with the SEC a registration statement on Form S-4, which will include a prospectus of DoorDash. INVESTORS ARE URGED TO CAREFULLY READ THE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT DOORDASH, WOLT, THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors will be able to obtain free copies of the registration statement and other documents filed with the SEC through the website maintained by the SEC at www.sec.gov and on DoorDash's website at ir.doordash.com. 3#4Wolt at a Glance $2.5B+ Annual Run-Rate GOV (Q3 2021) 2.5M+ Monthly Active Users 130%+ 23 4K+ Q3 2021 YOY GOV Growth Countries Employees 30%+ M12 Customer Retention Source: Wolt. Company metrics as of September 30, 2021 unless stated otherwise 3x+ Avg. Monthly Order Frequency 15+ Categories 4#5Building a Global Leader in Local Commerce 1 World-class operators with a shared vision and common culture 2 Product and execution focus drives superb retention and unit economics 3 Large local commerce opportunity with strong growth potential Sö PAINS RECIPE LI T IS CHICKEN NO ARTIFICIAL 100% NUTRITION MATURE 7- MEGFO Temptations 150 UGHTER FIGHT tc IAMS: PROACTIVE HEALTH HEALTHY ADULT MILK-BONE Bit Hill's CIENCE DIET#6A Common Vision and Common Culture To grow and DOORDASH empower local economies To make our Wolt cities better places to live#7World Class Operators with Proven Ability to Scale Miki Kuusi CEO & Co-Founder Riku Mäkelä COO Launched Sweden and Estonia First Delivery in Helsinki Launched Cyprus, Malta, Japan, and Germany Launched Denmark, Latvia, and Lithuania Launched Croatia, Czech Republic, Norway, Hungary, Georgia, Israel, and Poland Launched Serbia, Greece, Azerbaijan, Slovakia, Slovenia, and Kazakhstan 19 Countries 23 Countries 3 6 Countries Founded in 1 Country Countries Helsinki 14 Countries 2014 2015 2016 2017 2018 2019 2020 7#8Built for International Expansion Wolt Started in Finland, One of the Most Difficult Markets for Last-Mile Local Logistics... Exceptional App Design App Store Editors' Choice Award AWARDS Editors' Choice Ratings & Reviews 4.8 ...And Built a Model Focused on Doing Common Things Uncommonly Well Source: Wolt, Company Survey Case Study: Israel Launched 2018 Customer Satisfaction vs. Peers 7.7 TLV 24/7 Non-Stop Deliveries 7.1 Diner only on Wolt Competitor A 15+ Restaurants ww Note: App Store Editors' Choice Rating from iOS App Store as of November 2021. Israel average customer rating out of 10 across categories including restaurant selection, delivery times, error-free orders, prices/promotions, ease of use, order tracking, non-restaurant orders, customer support and opening hours. 8#9Consumer Obsession Drives Superb Retention Wolt Consumer Retention by Monthly Cohort Since 2018 Consumer experience (selection, quality, and affordability) drives strong retention 100% Strong retention generates excellent LTV Weighted Average Customer Retention 40% 36% 34% 32% 29% MO M1 M6 M12 M24 M36 Source: Wolt Note: Based on weighted average customer retention of monthly cohorts from January 2018 to September 2021. 9#10Obsessive Focus On Logistics Efficiency 38 34 =4 30 Sep-2018 2.7 2.4- 2.1- 1.8 1.5 Sep-2018 Source: Wolt Average Delivery Time, Rolling 4-Week Average (minutes) MOS Sea Breeze Sep-2019 Sep-2020 Sep-2021 Deliveries Per Hour, Rolling 4-Week Average (Including Idle Time) Ability to drive network efficiency in low density cities has driven average delivery times down Sep-2019 Sep-2020 Sep-2021 Deliveries per hour has steadily increased while reducing average delivery time 10#11Demonstrated Ability To Drive Strong Unit Economics 65% of Wolt GOV generates positive Contribution Profit¹ 100%+ YOY GOV growth in Wolt's positive Contribution Profit countries² in Q3 Q3 2021 Contribution Profit as % of GOV² Total Contribution Profit as % of GOV in Positive Contribution Profit Countries DOORDASH US Restaurant Marketplace³ Wolt Positive Contribution Profit Countries Sources: Wolt, DoorDash 1 Contribution Profit is calculated in accordance with the definition provided in DoorDash's SEC filings, including form 10-K, and is calculated as of Q3 2021.2 Positive Contribution Profit countries refers to the 7 countries shown on the slide (out of 23 total). 3 Excludes U.S. Marketplace orders in non-restaurant verticals, as of Q3 2021. 11#12Delivering Local Commerce Restaurant 23.36 Copenhagen RESTAURANT O Hoshi Sushi Husk at få dit skud af omega-38 New restaurants on Wolt See all Yalla Yalla shawarma, grill DKK59.00 25-35 min Categories Det Lille Pizzahus pizza, kebab DKK59.00 30-40 min See all p Grocery 13.52 Groceries GROCERY Wolt Market Wolt FREE DELIVERY MARKET Free delivery for orders over 40 € €3.90 $9.2 GROCERY H Carrefour Carrefour Choice and quality for everyone €1.90 $ 8.8 GROCERY 4G 20-30 25-35 And More... 13.52 Stores New stores on Wolt 0 .4G LUMI Ompputori accessories, home €1.90 15-25 min €7.90 40-50 min €3.90 $ 9.2 ELECTRONICS 1Store Kamppi Leading Apple Premium Reseller in Fin... €1.90 $$$$ 9.4 PET SUPPLY 20-30 min Em Q Em D a Em Q Discovery Restaurants Stores Search Profile Discovery Restaurants Stores Search Profile Discovery Restaurants Stores Search Profile fl 12 112#13Large Local Commerce Opportunity Combined company would operate in markets with over 700 million people DOORDASH Wolt 2021E Food & Grocery Market 2021E Total Retail Market $ 1.8T $ 1.3T $ 1.2T 11% 9% 6% USA Wolt Markets Other European Markets 1 $ 4.1T $2.6T $ 2.4T 20% 13% 14% % Online USA Wolt Markets Penetration Other European Markets 1 Source: Euromonitor Passport, Edge Note: Foodservice data estimates not available in Azerbaijan, Malta, Croatia, Estonia, Kazakhstan, Slovenia, Cyprus, Latvia, Georgia, Lithuania and Serbia. 1 Includes Austria, Belgium, France, Ireland, Italy, Netherlands, Spain, Switzerland and the United Kingdom. 13#14Transaction Overview Transaction Summary Approximately €7.0B (US$8.1B)¹ consideration, subject to customary purchase price adjustments All stock transaction DoorDash equity issued as part of the transaction will be valued at approximately $206.45 per share, based on DoorDash's 30-day VWAP as of November 3, 2021 New retention pool of €500M reserved for Wolt management and employees Leadership Miki Kuusi to run DoorDash International, reporting to Tony Xu Key executives and country leaders from Wolt have agreed to join DoorDash Financial Impact Expect to be accretive to GOV growth in 2022 Expect pro forma combined Adj. EBITDA of $0 to $500 million in 2022 Closing 1 Based on exchange rate of 1 EUR = 1.1615 USD The transaction is subject to customary closing conditions for transactions of this type, including applicable regulatory approvals Expected to close in 1H 2022 14