Bird Investor Presentation Deck slide image

Bird Investor Presentation Deck

Fleet Manager operating model paved the way for significant Sharing gross margin improvement Sharing gross margin (as % of Sharing revenue¹) BIRD 100% 50% 0% (50%) (100%) FY'2019 (9%) (89%) FY'2020 8% (24%) Q1'21 29% 5% Q2'21 42% 19% Q3'21 43% 14% Q4'21 41% 7% FY'2021 40% 13% 1. Reflects adjustments to Sharing revenue of $1.4 million for the three months ended March 31, 2021, $4.4 million for the three months ended June 30, 2021. $4.3 million for the three months ended September 30, 2021, $4.8 million for the three months ended December 31, 2021, $2.6 million for the three months ended March 31, 2022, and $9.9 million for the three months ended June 30, 2022. 2. Margin improvements based on Sharing Gross Margin (after Vehicle Depreciation). Q1'22 31% 2% Q3 2022 vs Q3 2021: +22.8pp² Sharing Gross Margin Q2'22 45% 16% Q3'22 54% 37% Sharing gross margin before vehicle depreciation (% of Sharing revenue) Sharing gross margin after vehicle depreciation (% of Sharing revenue) 12
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