Lyft Results Presentation Deck

Key Highlights Q4'21 +70% Revenue growth year-over-year $51.79 Record Revenue Per Active Rider 59.7% Record Contribution Margin $75M Adjusted EBITDA profit, 11% improvement from Q3'21 (1) (2) (3) (4) Note: Q4 Revenue of $970 million grew 12% quarter-over-quarter and 70% year-over-year and exceeded the midpoint of our outlook by ~$35 million¹ Record Contribution Margin of 59.7% exceeded guidance of 59%² Record Revenue per Active Rider of $51.79 grew 14% year-over-year and benefited from improving service levels and a larger mix of longer, higher revenue rides Active Riders of 18.7 million increased 49% year-over-year, with new rider activations up 42% year-over-year Q4 Adjusted EBITDA of $75 million improved 11% quarter-over-quarter and was in line with the top end of our outlook³ ● Active drivers grew by 34% year-over-year driven in part by a ~50% increase in new driver activations versus Q4'204 Company outlook for Q4'21 Revenue of $930-940 million was provided during the Q3'21 earnings call on November 2, 2021. Company outlook for Q4'21 Contribution Margin of 59% was provided during the Q3'21 earnings call on November 2, 2021. Company outlook for Q4'21 Adjusted EBITDA of $70-75 million was provided during the Q3'21 earnings call on November 2, 2021. An active driver is defined as a driver who has given at least one rideshare ride on the Lyft network during the quarter. Certain figures above are non-GAAP financial measures. Please see the explanation of non-GAAP measures as well as the reconciliation from GAAP to non-GAAP measures contained in the appendix to this presentation. 3

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