Bird Investor Presentation Deck
Bird Canada Transaction
Extends Cash Runway; Cements Bird's North American Micromobility Leadership
Transaction Rationale
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Strengthen Bird's liquidity position and balance sheet
through over $30 million in cash funding
o New $2 million personal investment by Bird Global
founder and board chair, Travis VanderZanden, and a
personal investment by CEO, Shane Torchiana
o Experienced investors that share in Bird Global's
mission for sustainable, equitable transportation
• Sizeable combined best-in-class micromobility
business to execute against profitability goals in 2023
o Bird Global and Bird Canada have successfully
partnered over the last 3+ years to operate across
complementary footprints in North America
o Bird Canada offers strong standalone financial profile
that is accretive to Bird Global
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Consolidation Benefits
• Quick and seamless integration given 1) no market
overlap, 2) shared vehicle software and hardware
technology, 3) similar branding, and 4) history of 3+ year
partnership
• Opportunity to streamline Bird Canada's OpEx, leveraging
Bird Global's existing resources
• Streamline tech and data support and vehicle supply
chain to support Bird Canada expansion
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Canada
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