Bird SPAC Presentation Deck

Risk factors (cont'd) The operators of digital storefronts on which Bird publishes its mobile application in many cases have the unilateral ability to change and interpret the terms of contract Bird has with them. Bird may be a party to intellectual property rights claims and other litigation which are expensive to support, and if resolved adversely, could have a significant impact on Bird and Bird's stockholders. . . . . ● . . . If Bird is unable to protect its intellectual property, the value of its brand and other intangible assets may be diminished, and business may be adversely affected. Any significant disruption in Bird's services or in information technology systems could result in a loss of users or harm Bird's business. Damage to, or failure of, Bird's systems or interruptions or delays in service from Bird's third-party cloud service platforms could impair the delivery of service and harm business. Bird's service relies on GPS and other Global Satellite Navigation Systems. Computer malware, viruses, hacking, phishing attacks and spamming could harm Bird's business and results of operations. Systems failures and resulting interruptions in the availability of Bird's website, applications, platform or offerings could adversely affect Bird's business, financial condition and results of operations. Action by governmental authorities to restrict access to Bird's products and services in their localities could substantially harm business and financial results. Bird has faced and is likely to continue to face lawsuits from local governmental entities, municipalities and private citizens related to the conduct of its business. Government regulation of the Internet and user privacy is evolving and negative changes could substantially harm Bird's business and operating results. Bird collects, stores, processes and uses personal information and other customer data, which subjects it to governmental regulation and other legal obligations related to privacy, information security and data protection and Bird's actual or perceived failure to comply with such obligations could harm its business. Expansion of products or services could subject Bird to additional laws and regulations, and any actual or perceived failure by Bird to comply with such laws and regulations or manage the increased costs associated with such laws or regulations could adversely affect Bird's business, financial condition or results of operations. Bird is regularly subject to claims, lawsuits, government investigations and other proceedings that may adversely affect Bird's business, financial condition and results of operations. Bird may face limitations to the amount of income in future years that can be offset by historic losses, including as a result of significant changes in its shareholder base or as a result of acquisition activity. Bird is exposed to fluctuations in currency exchange rates. Unanticipated changes in Bird's income tax rates or exposure to additional tax liabilities may affect future financial results. BIRD 50

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