Q1 2023 Results Presentation

Q1 2023 Results Incentives Q1 2023 Q1 2022 $ In millions Deliveries Base Incentives (1) Excess Incentives(2) Consumer Incentives (3) Total Incentives Base Incentives(¹) Excess Incentives(2) Consumer Incentives (3) Total Incentives 16.9 95.8 160.0 272.6 15.1 153.6 250.0 418.7 Mobility 50.8 5.6 35.7 92.0 25.2 21.7 35.9 82.9 Financial Services 0.0 0.2 5.6 5.8 0.1 0.0 22.6 22.7 Enterprise & New Initiatives 0.0 0.0 20.3 20.3 0.0 0.0 35.3 35.3 Total 67.7 101.5 221.6 390.8 40.3 175.4 343.9 559.6 Q1 2023 Q1 2022 Base As a % of GMV(4) Incentives(1) Excess Incentives(2) Consumer Incentives(3) Total Incentives Base Incentives(1) Excess Incentives(2) Consumer Incentives(3) Total Incentives Deliveries 0.7% 4.1% 6.8% 11.6% 0.6% 6.0% 9.8% 16.3% Mobility 4.2% 0.5% 2.9% 7.6% 3.0% 2.6% 4.3% 9.9% Financial Services 0.0% 0.0% 0.4% 0.4% 0.0% 0.0% 1.7% 1.7% Enterprise & New Initiatives 0.0% 0.0% 49.2% 49.2% 0.0% 0.0% 67.2% 67.2% Total 1.4% 2.0% 4.5% 7.9% 0.8% 3.6% 7.2% 11.6% Note: Q1 2022 and Q1 2023 are based on unaudited numbers. 1. Base incentives refer to the amount of incentives paid to driver and merchant-partners up to the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 2. Excess incentives refer to payments made to driver- and merchant-partners that exceed the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 3. Consumer incentives refer to discounts and promotions offered to consumers. 4. Calculated as a percentage of segment GMV (for Deliveries, Mobility, Financial Services and Enterprise & New Initiatives) and Group GMV (for Total). Gross Merchandise Value is an operating metric representing the sum of the total dollar value of transactions from Grab's products and services, including any applicable taxes, tips, tolls, surcharges and fees, over the period of measurement. GMV includes sales made through offline stores. 19

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