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Global2021 Investor AllPresentation Hands February 10, 2021 Non-GAAP Financial Measures Disclosure To supplement our financial information, which is prepared and future periods. These non-GAAP financial measures also presented in accordance with generally accepted accounting facilitate management’s internal comparisons to our historical principles in the United States of America, or GAAP, we use the performance. We believe these non-GAAP financial measures following non-GAAP financial measures: Adjusted EBITDA, are useful to investors both because (1) they allow for greater Adjusted EBITDA as percentage of revenue, and Adjusted transparency with respect to key metrics used by management Costs and expenses. The presentation of this financial in its financial and operational decision-making and (2) they are information is not intended to be considered in isolation or as a used by our institutional investors and the analyst community to substitute for, or superior to, the financial information prepared help them analyze the health of our business. and presented in accordance with GAAP. We use these non-GAAP financial measures for financial and operational There are a number of limitations related to the use of non- decision-making and as a means to evaluate period-to-period GAAP financial measures. In light of these limitations we provide comparisons. We believe that these non-GAAP financial specific information regarding the GAAP amounts excluded measures provide meaningful supplemental information from these non-GAAP financial measures and evaluating these regarding our performance by excluding certain items that non-GAAP financial measures together with their relevant may not be indicative of our recurring core business financial measures in accordance with GAAP. operating results. For more information on these non-GAAP financial measures, We believe that both management and investors benefit from please see the section titled “Non-GAAP Reconciliations” referring to these non-GAAP financial measures in assessing included at the end of this deck. our performance and when planning, forecasting, and analyzing 2 Forward Looking Statements This presentation may contain forward-looking statements growth and corporate culture, financial performance, regarding our future business expectations, which involve risks investments in new products or offerings, our ability to attract and uncertainties. Actual results may differ materially from the drivers, consumers and other partners to our platform, our results predicted, and reported results should not be brand and reputation and other legal and regulatory considered as an indication of future performance. Forward- developments and proceedings, particularly with respect to looking statements include all statements that are not historical our relationships with drivers and delivery persons. In addition, facts and can be identified by terms such as “anticipate,” other potential risks and uncertainties that could cause actual “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” results to differ from the results predicted include, among “hope,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” others, those risks and uncertainties included under the “potential,” “predict,” “project,” “should,” “target,” “will,” or “would” captions “Risk Factors” and “Management’s Discussion and or similar expressions and the negatives of those terms. Analysis of Financial Condition and Results of Operations” in our Forward-looking statements involve known and unknown risks, most recent quarterly report on Form 10-Q for the quarter uncertainties and other factors that may cause our actual results, ended September 30, 2020 and subsequent annual reports, performance or achievements to be materially different from quarterly reports and other filings filed with the Securities and any future results, performance or achievements expressed or Exchange Commission from time to time. All information implied by the forward-looking statements. These risks, provided in this presentation is as of the date hereof and any uncertainties and other factors relate to, among others: the forward-looking statements contained herein are based on outcome of a legal appeal in the UK regarding the classification assumptions that we believe to be reasonable as of such date. of Drivers and a related tax case before the UK tax authority, We undertake no duty to update this information unless developments in the COVID-19 pandemic and the impact on required by law. our business and operations, competition, managing our 3 Contents 01 2020 Review Strong execution in a challenging environment 02 Uber today Global platform addressing a massive opportunity 03 Mobility Undisputed global leader 04 Delivery Global scale and local leadership 05 Freight Disrupting freight brokerage 06 Financial model & equity investments 07 Board & Sustainability 01 2020 Review Strong execution in a challenging environment 2020 was a year like no other. We moved rapidly to focus the company towards growth opportunities while securing our future Jan’ 20 Apr’ 20 Jul’ 20 Sep’ 20 Nov’ 20 Careem acquisition closed Uber Direct and Uber Postmates acquisition $500 million Senior Notes Proposition 22 passes Connect launched announced refinancing in California Divested Uber Eats in India for ownership stake in Zomato Grocery expansion begins Uber Freight in Europe divested Uber Reserve launched for ownership stake in Sennder Acquired Routematch Uber found “fit and proper” to operate in London Mar’ 20 May 20 Aug’ 20 Oct’ 20 Dec’ 20 COVID-19 impacts begin 8 sub-scale Delivery Autocab acquisition Uber Freight raises Postmates acquisition markets exited announced $500M in funding closed from Greenbriar $1 billion run-rate fixed costs Announced ATG and reduction commitment SK Telecom joint- Uber Elevate divestitures venture announced for ownership stakes in Headcount reduction Aurora Innovation and impacts nearly 25% of Joby Aviation resp. Uber’s workforce $1.15 billion Convertible Divested JUMP for Senior Notes offering ownership stake in Lime completed $1 billion Senior Notes offering completed Focus on core opportunities Portfolio at end of year Mobility Delivery Freight Divested ATG, Elevate, Freight Europe and Jump (Micro-mobility) in 2020 Employee headcount down to 19K from 27K at the beginning of the year Steadily recovering from pandemic impacts with a leaner cost base Gross Bookings ($B) Adj. EBITDA ($M) 17.2 581 15.8 14.7 293 245 10.9 50 10.2 10.1 8.6 7.0 (183) (145) 6.8 (232) 5.9 (313) 4.7 (454) 3.0 (612) (625) (837) Q1'20 Q2'20 Q3'20 Q4'20 Q1'20 Q2'20 Q3'20 Q4'20 Mobility Delivery Uber Mobility Delivery Uber We focused on doing our part in safely moving what mattered in 2020 We supported We supported We put drivers & delivery people our communities safety first… by committing... by committing… Tech innovations 30 Million masks/face 10 Million free rides & meals covers distributed New policies & standards 10 Million rides for vaccine access $24 Million in financial assistance Education & awareness 54 countries 600K canisters of Clorox 231 Million mask verifications 200 partnerships Disinfecting Wipes 99.5% of trips have no reported issues In 2021, we will help the world move again Committed 10 million Advocating Partnerships to improve free or discounted rides for drivers vaccine access to help make sure that transportation to be prioritized with other frontline Uber’s partnerships so far include is not a barrier to getting the vaccine workers for vaccine access Moderna and Walgreens More to come... 02 Uber today Global platform addressing a massive opportunity Unlocking a massive market Mobility TAM Delivery TAM Freight TAM $5T+ $5T+ $3.8T All passenger vehicle Global spend on Retail Global trucking & public transport trips restaurants, Home Delivery, logistics costs in 175 countries Takeaway, Drive Thru, Eat-in Grocery spend in markets serviced Please see Uber’s S-1 for more details on Mobility, Food Delivery and Freight TAM definitions, as well as details on Serviceable Addressable Market (SAM). Grocery TAM of $2.7T is defined as 2020 total consumer spend on grocery in markets serviced. Uber Mobility #1 in every major region in which we operate Region Category position1 US & CA > 65% ` LatAM > 65% Europe > 65% ANZ > 65% MEA > 65% India ~50% Region Ownership stake3 Owned operations2 Russia / CIS ~35% of Yandex Taxi Minority owned affiliates Southeast Asia ~16% of Grab China ~15% of Didi 1. Percentages are based on our internal estimates of Gross Bookings using available information as of Jan 31, 2021 2. Includes countries acquired as part of Careem acquisition 3. Ownership stakes as of December 31, 2020 before adjusting for employee options, if any. In Q1'21, Uber sold $207 million of Didi shares and also entered into a definitive agreement to sell an additional $293 million of Didi shares. If completed, the shares sold in Q1’21 will represent approximately 8% of our Didi shares as of December 31, 2020 Uber Delivery Large, global scale with local leadership Largest global food delivery operations (ex-China)1 Uber has the category leader position in countries delivering a majority of international Gross Bookings including Australia, Japan, France, Portugal, Mexico and many others - international markets represent 60% of Uber’s Delivery Gross Bookings ` Post footprint rationalization in 2020, Uber is now in a clear #1 or #2 position nearly in the entirety of our footprint Region Ownership stake Russia / CIS ~35% of Yandex Taxi Southeast Asia
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