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Bird Investor Presentation Deck

5. Strong Unit Economics Despite Continued COVID Headwinds For every $10 earned Rides per Deployed Vehicle per Day ("RpD") Sharing Revenue¹ (-) Ride Costs² Sharing Gross Margin (before Vehicle Depreciation) (-) Vehicle Depreciation Sharing Gross Margin % of Sharing Gross Margin % Total Gross Margin BIRD FY20193 2.5x $10.00 10.94 $(0.94) 7.99 $(8.93) (89)% (90)% Note: Rides per Deployed Vehicle Per Day is a key business metric. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes vehicle and spare part sales. 2. Ride Costs represents only Sharing-related costs. 3. Sharing Revenue as a % of Total Revenue was 93.3%, 84.5%, and 91.3% in FY2019, FY2020, and FY2021, respectively. COVID dampens demand Reduced through the FM model Fully shifted to Bird- designed vehicles FY2020³ 1.3x $10.00 8.96 $1.04 2.98 $(1.94) (19)% (25)% Ongoing COVID recovery RpD increase maintains strong FM earnings Ongoing vehicle improvements FY2021³ 1.6x $10.00 5.39 $4.61 2.53 $2.08 21% 19% 21
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