Lyft Results Presentation Deck

Change to our Non-GAAP Financial Measures What's new? Non-GAAP metrics now include reserve adjustments for prior periods In December the SEC updated its guidance related to non-GAAP measures, which applies to all public companies. Subsequent to this change and following consultation with the SEC, we have aligned our disclosures. We've already disclosed when we've had reserve adjustments for prior periods and the amounts - these disclosures are not changing. What is changing is we are now including these amounts in our non-GAAP calculations. And we have presented past periods on a comparable basis (see table). We strengthened our insurance reserves by $375 million in Q4 This is at the high end of management's estimate of our potential exposure to past claims in light of past volatility. We believe this action will also have the benefit of reducing the risk of insurance-related volatility going forward. Reserve Adjustments CONTRIBUTION Recast Historical Non-GAAP Metrics Previously Reported Contribution Previously Reported Contribution Margin Recast Contribution Recast Contribution Margin ADJUSTED NET LOSS Previously Reported Adj Net Loss Previously Reported Adj Net Loss Margin Recast Adj Net Loss Recast Adj Net Loss Margin ADJUSTED EBITDA Previously Reported Adj EBITDA Previously Reported Adj EBITDA Margin Recast Adj EBITDA Recast Adj EBITDA Margin Note: Fiscal 2019 Full Year $ 270.3 $1,812.5 50.1% $ 1,542.2 42.6% $ (651.8) (18.0%) $ (922.1) (25.5%) $ (678.9) (18.8%) $ (949.2) (26.3%) Fiscal 2020 Full Year $ 204.1 $1,229.5 52.0% $ 1,025.4 43.4% $ (828.9) (35.1%) $ (1,033.0) (43.7%) $ (755.2) (31.9%) $ (959.3) (40.6%) Fiscal 2021 Full Year $250.3 $1,881.6 58.6% $ 1,631.3 50.8% $ (82.2) (2.6%) $ (332.6) (10.4%) $ 92.9 2.9% $ (157.5) (4.9%) Fiscal 2022 Q1-Q3 $368.3 $1,683.4 57.6% $ 1,315.1 45.0% $ 107.7 3.7% $ (260.6) (8.9%) $ 200.1 6.9% $ (168.2) (5.8%) The Fiscal 2022 Q1-Q3 column is solely presented to show the impact of the change in insurance reserve adjustments and is additive of the quarterly columns presented in the appendix. 14

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