Bird Investor Presentation Deck slide image

Bird Investor Presentation Deck

Fleet Manager operating model has driven strong Sharing gross margins over the last twelve months Sharing gross margin evolution (as % of Sharing revenue¹) 50% 0% (50%) (100%) (150%) (200%) BIRD Q1 2019 (143)% (327)% Q2 2019 (29%) (104)% Q3 2019 31% (24)% Q4 2019 (1)% (90)% Note: Q1/Q2 2019 includes fleet of legacy retail vehicles. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes Product Sales revenue. 2. Margin improvements based on Sharing Gross Margin (after Vehicle Depreciation). Q1 2020 (39)% (84)% Q2 2020 16% (18)% Q3 2020 30% 3% Q4 2020 24% (7%) COVID conditions Q1 2021 36% 10% Q2 2021 50% 28% Q3 2021 49% 21% Q4 2021 FY 2021 vs FY 2019: +110pp² Fleet Manager Operating Model 48% 17% Q1 2022 37% 10% Sharing gross margin before vehicle depreciation (% of Sharing revenue) Sharing gross margin after vehicle depreciation (% of Sharing revenue) Q2 2022 53% 27% 14
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