Bird Investor Presentation Deck slide image

Bird Investor Presentation Deck

Fleet Manager Operating Model has Driven Strong Ride Profit Margins after Vehicle Depreciation over the Last Twelve Months Ride Profit Evolution (as % of Sharing Revenue'¹) 50% 0% (50%) (100%) (150%) (200%) BIRD Q1 2019 (114)% (298)% Q2 2019 8% (67)% Q3 2019 19% (36)% Q4 2019 (8)% (97)% Q1 2020 (54)% (99)% Q2 2020 15% (19)% Q3 2020 43% 16% Q4 2020 41% 10% Note: Ride Profit and Sharing Revenue are non-GAAP metrics, See "Non-GAAP Financial Measures and Key Metrics for additional information, including a reconciliation to the nearest comparable GAAP metric in the case of non-GAAP metrics presented here included as an appendix to this presentation. FY2018 and Q1/Q2 2019 includes fleet of legacy retail vehicles. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes Platform and Consumer Products vehicle and spare part sales. 2. Margin improvements based on Ride Profit Margin (after Vehicle Depreciation). COVID conditions Q1 2021 35% 9% Q2 2021 49% 27% Q3 2021 50% 22% FY 2021 vs FY 2019: +104pp² Fleet Manager Operating Model Q4 2021 Ride Profit Before Vehicle Depreciation (% of revenue) Ride Profit (% of revenue) 53% 22% Q1 2022 39% 11% 15
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