Grab Results Presentation Deck

Q1 2023 Results Incentives $ In millions Deliveries Mobility Financial Services Enterprise & New Initiatives Total As a % of GMV(4) Deliveries Mobility Financial Services Enterprise & New Initiatives Total Base Incentives (1) 16.9 50.8 0.0 0.0 67.7 Base Incentives(¹) 0.7% 4.2% 0.0% 0.0% 1.4% Excess Incentives (2) 95.8 5.6 0.2 0.0 101.5 0.5% Q1 2023 Excess Incentives (2) 4.1% 0.0% 0.0% 2.0% Consumer Incentives (3) 160.0 35.7 5.6 Q1 2023 20.3 221.6 Consumer Incentives (3) 6.8% 2.9% 0.4% 49.2% Total Incentives 272.6 4.5% 92.0 5.8 20.3 390.8 Total Incentives 11.6% 7.6% 0.4% Base Incentives (1) 15.1 25.2 0.1 0.0 40.3 Base Incentives (1) 0.6% 3.0% 0.0% 0.0% 0.8% Q1 2022 Excess Incentives(2) 153.6 21.7 0.0 0.0 175.4 Excess Incentives (2) 6.0% 2.6% 0.0% 0.0% 3.6% Consumer Incentives (3) 250.0 Q1 2022 35.9 22.6 35.3 343.9 Consumer Incentives (3) 9.8% 4.3% 49.2% 7.9% Note: Q1 2022 and Q1 2023 are based on unaudited numbers. 1. Base incentives refer to the amount of incentives paid to driver and merchant-partners up to the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 2. Excess incentives refer to payments made to driver- and merchant-partners that exceed the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 3. Consumer incentives refer to discounts and promotions offered to consumers. 4. Calculated as a percentage of segment GMV (for Deliveries, Mobility, Financial Services and Enterprise & New Initiatives) and Group GMV (for Total). Gross Merchandise Value is an operating metric representing the sum of the total dollar value of transactions from Grab's products and services, including any applicable taxes, tips, tolls, surcharges and fees, over the period of measurement GMV includes sales made through offline stores. 1.7% Total Incentives 418.7 82.9 22.7 67.2% 7.2% 35.3 559.6 Total Incentives 16.3% 9.9% 1.7% 67.2% 11.6% 19

View entire presentation