Bird SPAC Presentation Deck

5 Energy transition at its core BIRD RIDES TYPICALLY REPLACE HIGHER-EMISSION MODES Mode Shift Displacement Survey Results Other¹ 18% Public transit 9% BIRD Personal car 23% 51% of alternatives have higher emissions Walking 31% Ridehail 19% Each Bird Two prevents an estimated 103kg of greenhouse gas emissions during its lifetime² EACH BIRD'S GHG OFFSET IS EQUIVALENT TO THE CARBON ABSORBED BY 40 TREES³ Note: GHG assumptions based on The Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) Model by Argonne National Laboratory. Mode Shift results based on an October 2019 Bird survey through Qualtrics of "1k riders. 1. Other includes personal bike, personal scooter and bikeshare. 2. Based on Bird Two actual data, including pre-COVID KPIs, "1.5 year half-life, and 272 grams per passenger mile lifecycle GHG emissions. 3. Based on carbon sequestering per year of 6-year-old elm tree of 1,700 grams relative to a Bird Two over a 1.5 year period representative of a Bird Two half-life. 25

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