Bird SPAC Presentation Deck

Aligned 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

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