Allbirds Investor Presentation Deck

INVESTOR OVERVIEW Physical retail is strong on a standalone basis... ● ● ● ● Highly profitable with strong financial performance before considering overall region lift Capital efficient with attractive payback periods Data-driven approach to market prioritization and site selection Positioned well to take advantage of physical retail's recovery from the pandemic allbirds allbirds Global Retail Footprint 31 Stores as of 9/30/2021 7 Countries with Stores O Alira US Retail Footprint 19 Stores as of 9/30/2021 12 Cities / Regions 1. Reflects the first 12 months of all U.S. locations operating in 2019, including stores with first 12 months affected by COVID-19 post-March 2020 2. Ground floor includes customer accessible space plus back of house rooms for operations, but does not include any remote storage rooms or basements/upper levels 3. All U.S. stores that were operating in 2019 generated approximately $4.3 million in average unit volume, or AUV, in their first 12 months of operation, including the stores that had their first 12 months of sales affected by COVID-19 after March 2020 US Pre-COVID Store Success $4.3M Store AUV in first 12-Mo¹ $2K+ Average Net Revenue / Ground Sq. Ft. 23 WE ARE ALLBIRDS 13

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