Bird Investor Presentation Deck slide image

Bird Investor Presentation Deck

Bird Canada Transaction Extends Cash Runway; Cements Bird's North American Micromobility Leadership Transaction Rationale ● 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 BIRD 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 BIRD Canada BIRD 18
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