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Bird Investor Presentation Deck

5. Strong Unit Economics even with COVID backdrop For every $10 earned Rides per Deployed Vehicle per Day ("RpD") Sharing revenue 1 (-) Ride costs 2 Sharing gross margin (before vehicle depreciation) (-) Vehicle depreciation Sharing gross margin (after vehicle depreciation) % of Sharing gross margin % Total gross margin BIRD FY2019 2.5x $10.00 10.94 $(0.94) 7.99 $(8.93) (89)% (90)% COVID dampens demand Reduced through the FM model Fully shifted to Bird- designed vehicles Note: Rides per Deployed Vehicle Per Day is a key business metric. 1. Net of sales tax, credits, discounts, refunds, disputes and failed payments; excludes Product Sales revenue. 2. Ride Costs represents only Sharing-related costs. 3. Reflects adjustments to Sharing revenue of $4.5 million for the fiscal year ended December 31, 2020, and $14.6 million for the fiscal year ended December 31, 2021. FY2020 3 1.3x $10.00 9.21 $0.79 3.15 $(2.36) (24)% (29)% Ongoing COVID recovery RpD increase maintains strong FM earnings Ongoing vehicle improvements FY2021³ 1.6x $10.00 5.97 $4.03 2.74 $1.28 13% 12% 18
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