Allbirds Investor Presentation Deck slide image

Allbirds Investor Presentation Deck

INVESTOR OVERVIEW Continued Strong Revenue Growth and Gross Margin Expansion NET REVENUE ($M) $126 2018 % YOY $194 2019 54% 93% YOY Int'l allbirds $219 13% 2018-2020 CAGR US International 2021 YTD Growth Accelerating after Q1 $50 32% 2020 Q1 2021 Q2 2021 Q3 2021 18% $68 $63 34% 33% GROSS PROFIT ($M) $59 2018 % Margin 46.9% $99 2019 51.0% $113 2020 51.4% $26 Q1 2021 52.0% Strong Gross Margin Improvement YOY 1. Adjusted EBTDA is a non-GAAP measure. For a reconciliation to the nearest GAAP measure, see supplemental information at the end of the presentation. $38 +454 Basis Points 2018-2020 Q2 2021 Q3 2021 56.1% $34 54.1% ADJUSTED EBITDA ($M)¹ ($1) 2019 % Margin (1%) ($16) 2020 (7%) ($7) Q1 2021 (14%) $1 Q2 2021 2% +124 Basis Points YTD2021 EBITDA Margin ($6) Q3 2021 (10%) 26
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