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Investor Presentaiton

Q3 2021 vs. Q3 2022 results Q3 2021 Q3 2022 A Comments Average Daily Vehicles Deployed 17,877 36,176 102% ~2X growth in fleet size, including new modalities. Average Daily Rides per Vehicle 4.32 3.11 (28)% ↓Q3 2021 figures reflect temporary increase in demand following the end of COVID curfew in Q2 2021. Average Net Revenue per Ride (USD) 1.02 0.87 (16)% Increase in share of commute relative to leisure rides reduced average ride durations by ~20%. Net Revenue (USD, thousands) 7,263 8,943 23% Operating Costs, excl. D&A (USD, thousands) % of Net Revenue (3,009) (4,778) 59% Revised field operation vehicle rates and increased cost of fuel. Expiration of cloud server credit. 41% 53% G&A (USD, thousands) % of Net Revenue (1,966) (2,804) 43% ↓ Additions to senior management team and increased advisory expenses prior to listing. 27% 31% Adj. EBITDA (USD, thousands) 1 2,373 1,483 (38)% Adj. EBITDA Margin 33% 17% Source: Company information. Note: The interim financials are non-GAAP management reporting financials and have not been audited or reviewed by the Company's independent auditors. 1. Adjusted EBITDA: The Company defines Adjusted EBITDA as net income (loss) plus non-operating income (loss), depreciation and amortization, net interest expense, income taxes, stock-based compensation and transaction costs. 6
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