Bird SPAC Presentation Deck

Fleet 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

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