#1en O OCCH CND COHE BO E-D BOD BB **** 11 O BO OKTO INVESTOR DAY B L and B S 107 CA BIOD B d (((((CCDDD GO B C February 10, 2022 Uber#2FOR Drive SOUTH Uber Tonight, nl be eating like Lil Elton X 125 St-2 Ave Harlem River Uber Eats Un EENEFF BNSrealestate.com 1772-7550 30119 FA * XEA NE AN#3Uber WELCOME OPENING REMARKS Dara Khosrowshahi Chief Executive Officer MOBILITY DELIVERY FREIGHT Balaji Krishnamurthy Head of Investor Relations BREAK (15 MINUTES) Andrew Macdonald SVP, Mobility & Business Operations Pierre-Dimitri Gore-Coty SVP, Delivery Lior Ron VP, Uber Freight PRODUCT & PLATFORM ADVERTISING INVESTOR DAY Agenda UBER FOR BUSINESS ECONOMIC IMPACT & PUBLIC AFFAIRS FINANCIAL FRAMEWORK EXECUTIVE Q&A Sundeep Jain Chief Product Officer & SVP Engineering Mark Grether General Manager, Uber Advertising Susan Anderson VP, Uber for Business Jill Hazelbaker SVP, Marketing & Public Affairs Nelson Chai Chief Financial Officer#4Forward-looking statements This Investor Day presentation contains forward-looking statements regarding, among other things, our future business expectations, products, strategies and goals, including the future financial, strategic and operating performance of the Company and the Company's long-term goals and targets. These statements and financial long-term goals and targets contained in this presentation are based on current expectations, estimates and assumptions and are contingent on many factors, including, among other things, market conditions and the Company's execution. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "hope," "intend," "may," "might," "objective," "ongoing," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors relate to, among others: the outcome of a tax case before the UK tax authority related to classification as a transportation provider; developments in the COVID-19 pandemic and the impact on our business and operations; competition; managing our growth and corporate culture; financial performance, including our ability to attain and sustain profitability and our ability to attain and sustain positive cash flow; investments in new products or offerings; our ability to attract drivers, consumers, and other partners to our platform; our brand and reputation and other legal and regulatory developments and proceedings, particularly with respect to our relationships with drivers and delivery persons. In addition, other potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-Q for the quarter ended September 30, 2021, and subsequent annual reports, quarterly reports and other filings filed with the Securities and Exchange Commission from time to time. All information provided in this presentation is as of the date hereof and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of such date. We undertake no duty to update this information unless required by law. Non-GAAP financial measures To supplement our financial information, which is prepared and presented in accordance with generally accepted accounting principles in the United States of America, or GAAP, we use the following non-GAAP financial measures: Adjusted EBITDA and Free Cash Flow. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. We believe that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our recurring core business operating results. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measure also facilitate management's internal comparisons to our historical performance. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business. There are a number of limitations related to the use of non-GAAP financial measures. In light of these limitations we provide specific information regarding the GAAP amounts excluded from these non-GAAP financial measures and evaluating these non-GAAP financial measures together with their relevant financial measures in accordance with GAAP. For more information on these non-GAAP financial measures, please see the section titled "Non-GAAP Reconciliations included at the end of this presentation. In regards to forward looking non-GAAP guidance and targets provided in this presentation, we are not able to reconcile the forward-looking non-GAAP Adjusted EBITDA measure to the closest corresponding GAAP measure without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items. These items include, but are not limited to significant legal settlements, unrealized gains and losses on equity investments, tax and regulatory reserve changes, restructuring costs and acquisition and financing related impacts. Uber I Investor Day 2022 4#5OPENING REMARKS Dara Khosrowshahi Uber | Investor Day 2022 5#68 Uber was hitting its stride pre-COVID Uber shares driven higher by promise of profitability Car-booking company shares rise 5% on reassurances about 2021 targets FT FINANCIAL TIMES Uber I Investor Day 2022 787323794 40436434 888 38-848888 1) ND NC Ewi REUTERS Uber gains after analysts say results help with credibility CIST C Uber moves closer to profitability as revenue climbs 100 Ride-hailing company says it will turn a profit a year earlier than previously expected THE WALL STREET JOURNAL. I#7ALL Then the world stopped moving 01/12/20 Uber I Investor Day 2022 WA MA "Uber and Lyft plunge, erasing recent gains after promising profits T TechCrunch "US spending on ride-hailing with Uber, Lyft falls as coronavirus spreads THE WALL STREET JOURNAL. "Uber rides are down 70 percent in some markets amid coronavirus pandemic The Washington Post 01/26/20 02/09/20 02/23/20 03/08/20 03/22/20#8Uber today: stronger than ever Q4 2021 Results $25.9B Gross Bookings +51% year over year 118M MAPCs Uber | Investor Day 2022 1.8B Trips +23% year over year 4.4M Earners $86M Adjusted EBITDA +$540M year over year 825K+ Merchants 8#9Strong growth despite the pandemic 15% 68M → 118M MAPCS Uber | Investor Day 2022 11% $506 → $766 Gross Bookings per MAPC 2017-2021 27% CAGR $34B → $90B Gross Bookings 9#10We moved rapidly to focus on growth opportunities while securing our future Divestitures Uber delivery Zomato in India JUMP → Freight in Europe ATG Lime Uber Elevate Joby → → Aurora sennder Uber I Investor Day 2022 Operating initiatives Exited 15+ sub-scale delivery markets SK Telecom JV Freight funding Headcount reduction $1B run-rate fixed costs reduction Acquisitions Careem Cornershop Postmates autocab DRIZLY TRANSPLACE Product development Grocery delivery Uber Advertising Uber Eats Uber Eats for Business Uber Direct Uber One Uber Reserve 10#11A global tech platform at massive scale Serving multiple multi-trillion-dollar markets with products leveraging our core technology and infrastructure 10,000+ 72 Countries Uber | Investor Day 2022 Cities¹ 1. Based on our international definition of cities; countries and cities metrics as of December 31, 2021 MOBILITY DELIVERY Consul FREIGHT Uber Eats#12Emerging as an all-weather company $59B Q1 '19 Q2 '19 Uber I Investor Day 2022 Q3 '19 Q4 '19 Q1 '20 Mobility 1. $ amounts are annualized run rate Gross Bookings $41B Q2 '20 Delivery Q3'20 Freight Q4 '20 Q1 '21 Q2'21 Q3'21 $103B Q4 '21 12#13Mobility has established global scale with local leadership Uber | Investor Day 2022 1011 13#14Uber Delivery has now Eats become an integral part of daily life Uber Investor Day 2022 14#15Logistics is going through a transformation Uber Investor Day 2022 15#16Uber#17Uber's platform advantage Uber | Investor Day 2022 Value to consumers & earners → Membership & loyalty 7 Cross-promote Acquire users 个 Value to Uber 17#18Go anywhere Get anything Uber | Investor Day 2022 9:00 Get a car delivered right to your door Get started →>> Ride • Ⓡ Reserve Food Where to? Rent Home 2232 McGee Ave Package Work 1455 Market St gor 2-Wheels Uber 12 W Vaccine Seattle-Tacoma International A... 17801 International Blvd Transit Now V > 9:41 Q Search food, groceries, etc Restaurants Alcohol Deliver Now ✓ 1400 Broadway Ave Browse → 20% off essentials to your home Limited time offer Home Pet supply Essentials Order again Groceries EQ Browse The Posh Bagel $0 delivery fee over $25 30 min Spend $30, Save $10 Deals 89 J Cart More See all 4.6 You 18#19Promotion between apps lowers costs and improves retention Uber | Investor Day 2022 1400 Broadway Ave Q Restaurants, cuisines, dishes Restaurants Alcohol Pharmacy 20% off essentials to your home Limited time offer Browse → Order Again Home 9:41 Groceries The Posh Bagel 4 items 2 days ago 15 min EQ Browse Savings Ride Order Food HYUN * 4.6 (208 ratings). Korean . $$ . Open until 10:30 PM ! Cart Book a Ride Enter a pickup location 89 More ill See all 4.6 9 You Reservati UberX 24 8:15pm 3 min away Private Your usual 7:58 Get a ride Get it delivered Delivers by 8:45pm What's next? Order food Comfort 8:18pm Choose UberX Poor Reserve Groceries View all services Get a ride $8.57 $10.58 Order $11.48 $5.03 all Rent a car Packages Uber Eats 7:58 Date Night to Javier's Enjoy 2 free drinks and a ride to your favorite Mexican food spot this weekend. 5.0 ★ Schedule a ride Order Food A Are you ready to be picked up? It will take Olamide 8 mins to reach Terminal 2 Door 8. Please be ready to meet Olamide by 8:05 PM Yes, pick me up Message Olamide#20e Uber One Uber | Investor Day 2022 9:41 Uber UBER 9:41 Tuesday, 6 June ī .... Join Uber One! One membership for benefits on deliveries, groceries and rides. Try free for 3 months. now 9:41 ← Uber One Rides and delivery, together $9.99/mo ‒‒ Join free for 1 month Don't miss out on savings all Unlimited $0 Delivery Fee For eligible orders on food, grocery, and more* Member pricing guaranteed 5% off eligible rides, delivery, and pickup orders* Priority service Top-rated drivers on rides, and the Uber One Promise on eligible deliveries to give you $5 in Uber Cash if our Latest Arrival estimate (shown after you place your order) is wrong* Exclusive perks Special offers and promotions, plus premium member support and invite-only experiences 20#21More types of work = More opportunities to earn Uber | Investor Day 2022 X $20/hr $27/hr 10:00 AM Rides $23/hr now $25/hr Deliveries $21/hr now 9:41 UberX $19.50 ★4.90 2 min (0.5 mi) away Larimer Square Trip radar (5) • 31 min (27 mi) trip Colorado Center Delivery $13.50 ▸ 23 min (6.2 mi) total • Vicky's Chophouse Central Market, Denver Uber Comfort $20.65 ★4.90 5 min (1.1 mi) away Main Street 012 010 016 21#22Leveraging our unique assets to scale new businesses Uber | Investor Day 2022 11:46 1 the Pine St fornia St Union Square Geary St ENDERLOIN O'Farrell St Market St ncisco 7th St M Mission St : A Ferry Building California 5th St SOMA Hilton San Francisco... San Francisco Museum of Modern Art d St 280 SOUTH BEACH 17% promotion applied Oracle Park UberX:3 Affordable rides, all to yourself ◆ $44.90 $53.81 UberXL Affordable rides for groups up to 5 ✔ $51.76 Reserve UberX Fri, Feb 4 at 6:00 AM Employee Shuttle Next at 6:44AM, tomorrow Commute shuttles for Bay Area employees at Uber $0.00 1x pts Employee Transportation... Billed to company 12:12 1 Chinese 5 Pickup Sort 440+ Restaurants TOPSADEY Home *** YA MAN FOUR Buy 1, Get 1 Free Beefing with 7 HongKong Styl... $0 Delivery Fee 25-35 min Sponsored Deer Mango J $0 Delivery Fee 25-35 min Buy 1, Get 1 Free 25-35 min Spend $30, Save $8 Yin Ji Chang Fen R $0 Delivery Fee Dagu Rice Noodle & Moral Villa... 4.4 $0 Delivery Fee 20-30 min Buy 1, Get 1 Free Eats Pass Myungdong Noodle Shabusha... $0 Delivery Fee 35-45 min Free Item (Spend $40) EQ Browse Grocery 4.5 Orders. 4.2 4.7 Account To 22#23Uber What sets us apart Uber | Investor Day 2022 Leading position in massive TAMS Platform creates significant value Exceptional growth and profitability 23#24MOBILITY Andrew Macdonald Uber | Investor Day 2022 24#25Mobility Uber I Investor Day 2022 ONTARIO CAJA-723 25#26Mobility Uber | Investor Day 2022 * 2011: 8 → 10.000+ cities 2021: cities¹ 1. Based on our international definition of cities; countries and cities metrics as of December 31, 2021 26#27Mobility Largest mobility platform in the world Local leadership, global scale 8 leading positions in our top 10 markets $45B ~90% Uber | Investor Day 2022 run-rate Gross Bookings, Q4 '21 of global Gross Bookings from markets with #1 category position¹ Active in 72 countries & territories Owned operations² Minority-owned affiliates 1. Category position is based on internal estimates based on our billings and estimated billings for other ridesharing platforms as of the last week of FY 2021. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. 2. Includes countries added as part of Careem acquisition. 27#28Mobility 2011 Black Uber I Investor Day 2022 suv 个 2021 UberX Black Taxi 9. Health UberXL UberX Share suv Moto Intercity Comfort Auto Hourly Connect Public Transit 2 Wheels Uber Green Reserve Shuttle Rentals Carshare 28#29Mobility Uber has come a long way to be a regulated service globally 181 H الال H HI Uber I Investor Day 2022 O ★ ★ HH "1 "1 H [#] *** X5 5X X5 C* + 4 (5) " DOO ZUS G 29#30Mobility Make every journey better Deepen core rides penetration Uber I Investor Day 2022 ALBFORU Expand use Scale sustainable low-cost products FRA RE cases CASADA COR 3-388 38-846888 D → Develop alternatives to individual car ownership → CUST Lead the transition to electric & autonomous vehicles I. 200000 FROM 30#31Mobility | Deepen core rides penetration → Expand → Scale → Develop → Lead Ridesharing penetration still low, even in our largest markets Weekly active consumer penetration Average Q4 '19 weekly actives¹ / Total population 18+ 7.2% Brazil 6.5% Australia Uber I Investor Day 2022 4.1% Mexico 4.0% United Kingdom 3.9% United States 3.3% Canada 1.3% France 1. Weekly actives are consumers who took at least one Mobility trip in a given week. Data here shows average weekly actives in Q4 '19. 0.5% India 0.4% Spain 0.2% Germany 31#32Mobility | Deepen core rides penetration → Expand → Scale → Develop → Lead Ridesharing penetration still low, even in our largest markets Weekly active consumer penetration Average Q4 '19 weekly actives¹ / Total population 18+ 7.2% Brazil 6.5% Australia Uber | Investor Day 2022 4.1% Mexico 4.0% United Kingdom @AUS penetration, US would add ~$14B annual GB 3.9% United States 3.3% Canada 1.3% France @BR penetration, IND would add ~$15B annual GB 1. Weekly actives are consumers who took at least one Mobility trip in a given week. Data here shows average weekly actives in Q4 '19. 0.5% India 0.4% Spain 0.2% Germany 32#33Mobility | Deepen core rides penetration → Expand → Scale → Develop → Lead Unlocking growth in large markets where Uber isn't yet a household name We expect to generate $2B+ Gross Bookings across Spain, Germany, and South Korea in 2024 2018 ~2X 181 ~2X Spain Uber | Investor Day 2022 r 2021 2024 2018 ~3X Germany ~3X 2021 2024 2018 South Korea ~60X ~3X 2021 2024 33#34Mobility | Deepen → Expand use cases → Scale → Develop → Lead Consumer mobility needs extend far beyond UberX Uber I Investor Day 2022 ~90% of our trips are on some version of UberX: solo, on-demand, point-to-point, 4-door-car transportation Only... L <5% of trips are shared 1. Percentage of global trips in 2021. 1% of trips are scheduled in advance €4% of trips are with Moto / Auto / Taxi 4:37 1 Leave something at home? Send a package → Suggestions Promo Ride Promo Ride Promo Hourly JOO 2-Wheels Reserve More options Transit Promo Moto Food Package Intercity Uber Green Close See All Reserve Rent Taxi 34#35Mobility | Deepen → Expand use cases → Scale → Develop → Lead Reserve lets us tap into pre-booked transportation When reliability matters most, riders plan ahead-and they want to know that Uber does, too $8B Livery & private car service TAM¹ in the US alone (majority booked ahead) -a high-margin segment Uber has only just entered Uber I Investor Day 2022 6% GBs in the US & Canada are now pre-booked² (vs. <2% pre-COVID), and these trips are highly profitable 1. TAM estimate sourced from IBISWorld. 2.6% GB pre-booked in Q4'21. 9:41 Your ride, ready when you land Driver is ready when your flight lands, even if it's delayed 60 min of complimentary wait time after you land Convenient, curbside pickup Let's go → Uber Reserve at airports Target travelers and business users 1:32 ill Uber Reserve A Ride On-time pickup or your ride is free when you reserve at least 2 hours in advance 15 minutes of wait time included on every ride Premium rides with highly rated drivers Reserve a ride Order food ofo Rent Uber Reserve Reserve 18:47 Uber Hourly 2, As many stops as you need in one car Leave your things in the car Don't take time on parking Starting at ||| Get started 114/hour Hourly Book a dedicated driver for a longer period of time, can reserve ahead of time 35#36Mobility | Deepen → Expand use cases → Scale → Develop → Lead Existing Hailables industry is 2X the size of our Mobility business¹ Uber I Investor Day 2022 $120B+ Annual consumer spend¹ 20M Licensed vehicles¹ 1. Data as of 2019 for Taxi + Auto + Moto using Uber internal analysis as well as IBIS, Statista, TfL, and NYC TLC data. 443 2:13 BHARTLA 래#37Mobility | Deepen → Expand use cases → Scale → Develop → Lead Get every taxi on Uber by 2025 Value to drivers • Incremental earnings • Attract e-hail consumers • Leverage Uber's tech & safety tools Value to riders • Upfront price ● Door-to-door service • Safety features Value to Uber . Additional source of supply • Unlocks new markets & segments • Structurally lower operating costs Uber I Investor Day 2022 6X+ Gross Bookings 27 countries Where Uber Taxi is live $400M 2021 2.5X growth From 2020 to 2021 $3B+ 2024 122K drivers new taxi Joined Uber in 2021 (4X YoY) a 9:41 Van Ness Ave McAllister St 101 Market St S 11th St 12th St Uber HQ oma St Folsom St. 10:15am dropoff Mission St Minna St Russ S Connecting you to a local cab company 3P Opportunity via Autocab Plug into 3P local cab supply 23 cities launched so far 3P API enables new drivers at scale 37#38Mobility | Deepen → Expand use cases → Scale → Develop → Lead Multi-product riders¹ spend 3X more, with +16pp higher retention vs. single-product riders GB per consumer Active platform consumers in Q4 '21 3X Uber I Investor Day 2022 1 Product 2 Products Retention rate Q4 '19 consumers still active in Q4 '21 3 Products >3 Products +16pp 1. All global, active users who have at least 2 lifetime trips. Multiple products indicate usage of multiple Mobility modes-for example, a consumer using UberX and UberX Share in Q4 2021 would have used 2 products. 38#39Mobility | Deepen → Expand → Scale sustainable low-cost products →Develop → Lead Personal vehicles continue to represent the vast majority of mobility trips today Price per trip (us)¹ Weekly trips (us)¹ Uber Black $48 230K Uber I Investor Day 2022 UberX | $16 22.6M UberX Share $12 3.4M Public transportation ~$2 1/8th UberX price 191M 7X Uber's trip volume 1. Uber data is average weekly data from full year 2019; public transportation data sourced from the American Public Transportation Association; personal vehicle data sourced from the National Household Travel Survey. Personal vehicles ~$0.50 per mile 6.6B weekly trips#40Mobility | Deepen → Expand → Scale sustainable low-cost products →Develop → Lead UberX Share puts more people in fewer cars UberX Share has positive unit economics and is ready to scale globally • Increases vehicle efficiency • Lowers prices • Expands adoption Advantages of UberX Share (vs. Uber Pool) • Unlike Pool, UberX Share provides only a small upfront discount. Additional discounts added only if matched with another rider Positive unit economics + aligned interests for riders, drivers, and Uber Potential for further efficiency with scheduling, B2B pooling, group rides, and more Uber I Investor Day 2022 8:23 1 Brickell > Google Choose a ride, or swipe up for more UberX 8:48pm South Beach > UberX Share : 1 8:48-8:57pm dropoff Get $2+ in Uber Cash if shared UberXL 8:48pm **** 3908 Confirm UberX Share $20.89 $18.80 $32.26 8:10 Broderick St Fell s Found you a co-rider Got it Borna is joining your trip. You'll get $3 Uber Cash back at the end of this trip. Your new arrival time is 8:30 PM. 40#41Mobility | Deepen → Expand → Scale sustainable low-cost products → Develop → Lead High Capacity Vehicles unlock a magical bus ride for everyone, every day Reason to invest For many around the world, the commute experience is slow, stressful, and unsafe Uber HCV offers a safe, reliable, and comfortable experience at 14 the price of UberX Uber I Investor Day 2022 1. Performance in Cairo for FY '21. Monthly trips per rider¹ HCV UberX Q1'21 تجربة Uber Bus في العالم Q2'21 Q3'21 Q4 '21 Key B2B partners NISSAN TATA REALTY 41#42Mobility | Deepen → Expand → Scale sustainable low-cost products →Develop → Lead Uber Auto and Moto unlock a massive TAM in emerging economies • Low-cost hailables reach new riders in emerging economies such as Asia, Latin America, and Africa Moto trips in Brazil is off to a faster start than UberX, while Auto in India is in hyper-growth mode (96% GB CAGR since launch in 2018) and reached profitability earlier than UberX 170M Trips on Uber in 2021 Uber I Investor Day 2022 • Auto and Moto are an important user acquisition lever and serve a user segment we traditionally did not capture with cars 1. On an Adjusted EBITDA basis in Q4 '21. Auto/Moto vehicles are cheaper to purchase and operate, so driver economics are healthy despite lower price points 6.5M Monthly active users 9/12 Countries are profitable¹#43Mobility A growing and engaged driver base is critical to our success Investments in driver growth are paying off 2X monthly growth rate In FY 2021 vs. FY 2019 ■ 1 Jun ¹21¹ Aug '21 Jul '21 Uber I Investor Day 2022 +25% YoY Nov '21 Uber's platform offers multi-gig flexibility that other companies simply can't match Dec 21 70 30 us Driver Platform Preference² Q4'21 70 Uber 30 Brazil Competitors 73 27 United Kingdom 75 Oct '21 Sep '21 1. Y-axis does not start at zero. Global active drivers defined as drivers who completed at least one Mobility trip in a given month. 2. Preference data from internal marketing research. Research question was: Which one of these rideshare/transportation services or apps do you prefer to drive with the most? 25 Australia 43#44Mobility | Deepen → Expand → Scale → Develop alternatives to individual car ownership → Lead New longer-distance, help gradually displace car ownership Uber Rent From this... AVIS Hertz TOR T Uber I Investor Day 2022 Uber Rent with Valet Rental cars delivered to your door 9:02 The road is yours with Uber Rent Where are you renting? Pickup address 111 Pennsylvania Ave All rentals Return address Same as pickup Next multi-day offerings will 9:41 ut Square Washingtor Meet Anderson curbside at 111 Pennsylvania Ave Delivery reminders PIN for this ride Anderson 2. Top driver Send a message Silver Honda Civic 3M53AF2 50 6 P2P Car-sharing Strong fit with both sides of marketplace¹ 09:13. TYNAN'S Mitsubishi Eclipse Cross 2020 Monterey Court, Broadbeach Waters 7 trips 3 of 3 Kays Pickup From $29 Usted Includes damage and less cover and roadside Includes fuel-get reimbursed when you refuel ror $84 day+45c/km Check availability 949% Return 1. Data on Car Owners & Borrowers from Car Next Door operational data in Sydney (2017-2020). CAR NEXT DOOR Car owners Drivers on Uber are 2X more likely to list cars Borrowers 80%+ of current P2P car-share borrowers are also active riders on the Uber platform High-frequency borrowers are 5X more likely to be high-frequency riders with Uber 44#45Mobility | Deepen → Expand → Scale → Develop → Lead the transition to electric & autonomous vehicles We're leading the world's transition to EVs and sustainable, emission-free mobility Growth in EVs (US, Canada, EU) 2.7X growth in active EVs in 2021 Number of EVs US&C Europe 5,900 Jan Significant progress in building the ecosystem Uber I Investor Day 2022 Jun Affordable EV rentals 15,400 Dec Hertz T TESLA Growing EV penetration (London) EV penetration in London doubled to 10% in 2021 EV kms as a % of total kms - London 5.2% Jan 1 Rideshare- specific EVs ample * ΑΓΓΙVAL Jun 1 wallbox w Expanding charging EVgo access 10.0% Dec 1 Shell Recharge Solutions 45#46Mobility | Deepen → Expand → Scale → Develop → Lead the transition to electric & autonomous vehicles Autonomous vehicles will lead to significant expansion of TAM Distribution of US urban vehicle miles travelled Denotes current addressable VMT (<1%) $$$ US opportunity → in excess of $1T 25X Growth enabled by $1.00 price per mile Price per mile % US urban VMT AVs have the potential to improve safety, increase service quality, and unlock new use cases <1% Rideshare Other Today Private vehicle Other % Rideshare passenger miles D Future Private vehicle Through reduced price/mile, AVs will offer a viable alternative to private car ownership Uber I Investor Day 2022 46#47Mobility | Deepen → Expand → Scale → Develop → Lead the transition to electric & autonomous vehicles Uber offers AV developers the best platform for going to market Uber will drive significant value for AV partners Single integration will offer access to a global mobility, delivery, and freight marketplace. Value creation for fleet partners through existing network liquidity, optimal utilization, intelligent supply positioning, and sophisticated pricing technology. Fleet providers can offer trips best suited for AVs and leverage Uber's human-driven fleet to offer a reliable overall service. We expect to have 5+ long-term AV partnerships, with multiple pilots live in the US in 2022. Uber I Investor Day 2022 Multiple AV partners Magical user experience Drivers Partner 1 AV fleet Partner 2 AV fleet - UberX UberX Share Uber marketplace Food Grocery Freight 47#48Mobility Growth at scale with strong margin progression We expect record Gross Bookings and Adjusted EBITDA in 2022 Uber I Investor Day 2022 2012 2013 2014 2015 Investment to build category 2016 2017 2018 2019 2020 2021 Gross Bookings Adjusted EBITDA margin (% of GBs) 2022 48#49Mobility Make every journey better Deepen core rides penetration Uber I Investor Day 2022 Expand use Scale sustainable low-cost products FRA RE cases CASADA COR 3-388 38-846888 D → Develop alternatives to individual car ownership → CUST Lead the transition to electric & autonomous vehicles I. 200000 ARO FROM 49#50DELIVERY Pierre-Dimitri Gore-Coty LAGDANY Uber | Investor Day 2022 50#51Delivery Delivery is now 3 times larger than it was when the pandemic began¹ $17B 1. Gross Bookings annualized run rate.. ~3X $54B Q1 '18 Q2 '18 Q3 '18 Q4 '18 Q1 '19 Q2 '19 Q3 '19 Q4 '19 Q1'20 Q2 '20 Q3'20 Q4 '20 Q1'21 Q2'21 Q3'21 Q4'21 Uber I Investor Day 2022 51#52Delivery Significant headroom for further penetration in the core categories, markets we serve Uber I Investor Day 2022 $1.8T Global restaurant spend ¹ $49B Uber '21 Gross Bookings 1. Estimate for FY 2020 for all active Uber Delivery markets; bars not to relative scale. 2. Grocery may include spend on categories such as alcohol or wellness. $2.5T Global grocery spend ¹,2 $3B Uber '21 Gross Bookings 52#53Delivery The best of your community, brought to your doorstep Uber | Investor Day 2022 53#54Delivery We're already so much more than a food delivery platform Uber | Investor Day 2022 Alcohol Flowers 9:41 Prescription Restaurants ● All categories Grocery Baby Order Food Leave Now HYUN * 4.6 (208 ratings). Korean $$ Open until 10:30 PM Convenience. Pet Supplies Retail Book a Ride Enter a pickup location Comfort 8:18pm UberX 24 Tomorrow at 9:00am Electronics Pharmacy Specialty Foods .... ♡ Reservat $8.57 $10.58 $11.48 Washington Square Park Local Market LITTLE ITALY All Restaurants Home E Houston St 0.4mi Until 2 PM Famers Market 9:41 Green Curry +2 more Delancey St 2nd Ave Happening Nearby New arrivals + EQ Browse Community 4.9 House of Dim Sum Events Clay Culture * 4.7 (53 ratings). Gift shop . $$ Open until 10:30 PM Tom Square Fark Off The Grid E Houston St Shops Cart 1mi Until 6 PM Neighbor D See all + You CC 54#55Delivery As the largest food delivery platform ex-China, we're best positioned to capture the on-demand delivery opportunity Local leadership, global scale 7 leading positions in our top 10 markets¹ $54B 80% run-rate Gross Bookings, Q4 '21 of global Gross Bookings saw YoY category position gains² Uber I Investor Day 2022 Active in 32 countries & territories, 11 priority new verticals countries 51 Owned operations Equity stakes 1. "Top 10 markets" is defined by the countries that had the highest Delivery segment Gross Bookings excluding the results of Cornershop, Drizly, and Careem., 2. For all active markets with CP data, covers 99% of GB. YoY comparison period is from Dec '20 to Dec 21. Category position is based on internal estimates based on our billings and estimated billings for other food delivery platforms as of the last week of FY 2021. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. 55#56Delivery Segment profitability steadily expanding, enabling reinvestment into growth initiatives Delivery Adjusted EBITDA as % of Gross Bookings 0% (10.1%) Of GB Q1 '19 Q2 '19 Q3 '19 Q4 '19 Q1'20 Q2'20 Q3'20 Q4 '20 Q1'21 Uber I Investor Day 2022 Q2'21 Q3 '21 0.2% Of GB Q4 '21 Key drivers of margin expansion Fulfillment cost reduction Unfulfilled orders Support cost Courier cost per trip Take rate expansion Pricing Ads Membership Promo reduction User promo rationalization Courier promo rationalization 56#57Delivery Operational improvements and strong execution have driven substantial improvements in the US... +17% +670K Uber I Investor Day 2022 Active partnered merchants Q4 vs. Q1 2021 Active couriers Q4 vs. Q1 2021 1. MAPC growth for Uber Eats. +23% -18% MAPCS¹ Dec '21 vs. Jan '21 Courier cost per trip Q4 vs. Q1 2021 57#58Delivery ...as US Delivery outpaced category growth in H2 2021 QoQ billings growth Solidified urban CP1¹ while driving suburban share gains Category Uber Delivery 2.5% Uber I Investor Day 2022 Q2 1.1% .02% Q3 3.9% 5.0% Q4 6.6% ~34% US category position¹ Q4 '21 +1.7ppt US category position Jan '21 vs. Dec '21 1. Category position ("CP") percentages are internal estimates based on our billings and estimated billings for other food delivery platforms as of the last week of each quarter. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. "CP1" represents markets in which Uber has a category leading position while "CP2" represents markets in which Uber is second in lead relative to other platforms. 58#59Delivery Industry-leading tech driving material cost savings, accelerating our ability to reinvest in the US Uber I Investor Day 2022 YA Bl 5tl. Algorithmic courier pricing 7:58 ate Ave X CPMC Van Ness Campus Fulton St Franklin St Tur Anina Cedar St Olive St S Golden Gate Ave Van Ness Ave Delivery Proper Hote McAllister St San Francisco all 4 mins (2.2 mi) total Ce AVA 55 Ninth O $11.25" Include expected tip 2.3x surge Vicky's chophouse City Hall, San Francisco Favorite restaurant Eddy St Turk St Orph Thea M Machine learning-based targeting 9:41 Deliver now 1400 Broadway Ave Q Search food, groceries, etc Groceries Alcohol Convenience Pharmacy Flowers Spend $30, Save $10 $0 delivery fee Welcome to Uber Eats! Here's a little something to thank you for joining us. I'll take it More View details 59#60Delivery International markets provide scaled growth and profitability Deliberately prioritized high-quality international markets, entering most major markets in 2016. Today, Uber is present in 7 of the top 10 GDP markets globally, with a CP1 or CP2 position in 6 of those 7 markets.²¹ Our international markets represent 58% of Delivery Gross Bookings, and CP1 markets constitute two-thirds of international Gross Bookings.² Uber I Investor Day 2022 International Delivery Gross Bookings $165M 2016 2017 2018 2019 2020 1. CP1 or CP2 position in the US, Canada, France, Japan, UK, Germany. "CP1" represents markets in which Uber has a category leading position while "CP2" represents markets in which Uber is second in lead relative to other platforms. Category position ("CP") is based on our billings and estimated billings for other food delivery platforms as of the last week of FY 2021. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits., 2. Based on Total Q4'21 Gross Bookings for Delivery segment. $30B 2021 60#61Delivery Market spotlight | Taiwan Healthy category position and top-line trends... 3X Q1 20 Q2 '20 Q3'20 Q4 '20 Q1 '21 Q2 '21 Q3'21 Q4 '21 Quarterly Gross Bookings Uber I Investor Day 2022 0% ...while approaching EBITDA profitability in 2021 (31%) Jan '20 Adj. EBITDA as % of Gross Bookings Dec '21 Strong growth in membership adoption 9% Jan '20 Membership Gross Bookings as a % of total Gross Bookings 1. Category position percentages are internal estimates based on our billings and estimated billings for other food delivery platforms as of the last week of each quarter. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. 55% Dec '21 61#62Delivery Market spotlight | France Robust top-line growth while gaining category share... 60% 3X Q1'20 Q2 '20 Q3'20 Q4 '20 Q1 '21 Q2 '21 Q3'21 Q4 '21 Quarterly Gross Bookings and category position¹ Uber I Investor Day 2022 68% 0% ...and growing profits through 2021 6% Q1'20 Q2 '20 Q3'20 Q4 '20 Q1'21 Q2'21 Q3'21 Q4 '21 Adj. EBITDA as % of Gross Bookings Continued strong execution has led to a far superior in-market product 1.4x Dec '20 1.7x Dec '21 Multiple of active merchants relative to next largest competitor 1. Category position percentages are internal estimates based on our billings and estimated billings for other food delivery platforms as of the last week of each quarter. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. 62#63do Eats Uber MEIOMETN R PATION MADE USA THE WOL OUR BEST DIAPER YET! SO PATRON t NT 20.4 LB (9.25 kg) FOOD FOR ADULT DOGS AD COMPLETE N & GRILL FRANCE GREY GOOS VODKA IMPORTED 375 D Severth 100% BAT T wood ve th Nestle N 4 Uber#64Delivery Grocery and new verticals are essential to our Delivery vision $4B+ 2.5X ~$1.9T Online grocery is a large, underpenetrated opportunity We already hold a #1 or strong #2 category position among on-demand delivery players in 8 out of our top 10 priority markets. In the US, the Cornershop and Drizly acquisitions provide a strong foundation to accelerate growth. Uber I Investor Day 2022 1. Includes Uber Direct, Cornershop, and Drizly. Run-rate Gross Bookings, Dec '21¹ (2.5X YOY growth) New verticals MAPCS YOY (Q4'21) Addressable grocery spend in our 11 new verticals priority markets, represents 75%+ of grocery TAM 64#65Delivery We see grocery as the entry point for broader retail Unique stores shopped per user, Chile² Cornershop members represent 70%+ of GBs in Chile and spend an average of $6,000 on 20+ unique stores annually¹ Members order from a wide range of categories beyond just grocery, such as home improvement, fashion, electronics, pets, pharmacies, department stores, convenience, and many more. Uber I Investor Day 2022 25 20 15 10 5 O 0 1 2 3 1. Based on consumers who were active Cornershop Pop members during 2021 in Chile. 2. Based on consumers who were Cornershop Pop members as of Dec '21. 4 5 6 7 8 9 10 11 12 Months on platform Non-grocery retail 13 Overall member average: 21 unique stores per year¹ 14 15 Grocery retail 16 17 18 65#66Delivery We are focused on strengthening the grocery and retail product experience O The right selection across grocery, convenience, pharmacy, home, and so much more Commerce platform for all kinds of merchants, from global chains to small local stores Quality-first approach with best-in-class reliability Uber I Investor Day 2022 Any purchasing occasion, whether large or small basket, on-demand or scheduled Unified product suite, from integration to payments to support ← Grocery Q Stores rch groceries Aisles Featured Grocers Home Carrefour Carrefour 20-30 min Spend $30, Save $10 Order again Produce Cafoway EQ Browse Grocery Alcohol Woolworths ! Cart See all Woolworths 20-30 min Past orders You 9:41 ← Milk All Food Grocery Alcohol Conveniend 24+ results for "Milk" Carrefour Woolworths Carrefour City 20-30 min Grocery, Convenience, Alcohol Home Woolworths 20-30 min Grocery, Convenience, Alcohol Horizon Whole Oatly Oat Milk Dairy Pure Milk 1 Gallon $4.99 $4.99 Whole Milk half gallon $299 EQ Browse Grocery ! Cart Clove Almo $2.99 of a You 66#67Delivery 9:41 ← Scheduling Delivery window Today Jan 12 in 90 mins. 11:00 AM -12:00 PM 12:00 AM -1:00 PM 1:00 PM - 2:00 PM 2:00 PM -3:00 PM 3:00 PM - 4:00 PM 4:00 PM 5:00 PM Tomorrow Jan 13 Next Uber | Investor Day 2022 Wed Jan 14 $4.99 $4.99 $4.99 $4.99 $4.99 $4.99 $4.99 O O O O O 9:41 X Post-order modification Sutter St. Carrefour Carrefour Confirming 12:36 Order received Latest arrival by 12:50 PM Ellis St Add items View receipt Delivery details Home Your order. 7 items You can add or edit items until shoper begins Sutter St Help Geary Blvd Eddy St Estimated arrival Premier shopping experience DUCT OF ITALY CENTO FACILITY Scan Item Barcode TOMATOES Distinct in flavor, these Cento San Marzano Nocerino area naties are grown in the Sar hly renowned for its especially fruitful soil as a result of its proximity to Mount Vesuvius. These San Marzano tomatoes are certified by an pendent third-party agency and are produced the proper method to ensure superior quality. M' ® find my field pac pacTraceability.com PRODUCT OF ITALY 070796 40008 7 Your Trust CENTO: With Out Family Family Get the barcode in focus-it will scan automatically. Best-in-class out-of-item experience 9:41 My order 7-Eleven Shopping for 2 items..... Review replacements (2) Granny Smith Apple 1 count. $5.25 Replacement for Traditional Apple Approve More options Shopping items (2) Cantaloupe 1 count $4.99 Best match Organic Blueberries 1 count. $5.25 Driscoll's Blueberries Done 67#68Delivery Our quick commerce partnerships complement our on-demand marketplace value proposition We're taking a partnership-first approach to offer consumers the benefits of quick commerce while remaining asset light. Leveraging this approach, we have successfully onboarded 480+ locations across 7 countries in Year 1, with more in the pipeline. Uber I Investor Day 2022 Carrefour Sprint partnership in France, launched October 2021 15-min delivery of +2K SKUs including fresh produce 5:37 1 Carrefour ( sprint Group order 15 MIN Carrefour Sprint - Paris 11 *4.8 (367 ratings). Grocery. C. 10-20 min-1,49€ Delivery Fee Tap for hours, address, and more Q Search 2661 items Petit Dej et Brunch Delivery Fee. This restaurant isn't too far, so the delivery fee is 1,49€ Prêt à manger Top ventes Prévention Covid 19 all Eaux, Jus, Sodas ♡ UNE EXCLUSIVITE Uber Eats You're saving 17% > ● Live in 8 cities across 20+ locations in France 20%+ of new verticals order volume in Paris¹ ● Users order 60% more per week on Uber after ordering from Carrefour Sprint² 1. Based on data from December 2021. 2. Based on data for users 10 weeks post first Carrefour Sprint trip. 68#69Delivery Direct addressing the $200B+ last-mile logistics opportunity In stock and ready to ship. Select your delivery method: HomePod mini-White Delivers Today 11am -1pm Scheduled Courier Delivery Thu Select a date for your delivery: 20 How would you like to get your order? Fri 21 11am -1pm 1pm-3pm I'd like it delivered Select a delivery window for Thu, May 20: Your delivery requires someone to be present as well as their signature when your order arrives. Uber I Investor Day 2022 Delivers to: 78664-3410 $9.00 I'll pick it up iPad iPhone Details of your order. Watch TV Order in Progress Music Delivered May 20, 2021 Track shipment > Out for Delivery 11:05 AM Your item was delivered. ✔ + Uber Same-day delivery and order tracking powered by Uber Direct Support Arriving Soon Order Number: W821204658 Order Placed: May 20, 2021 Personal EPP Order View invoice Delivered 11:39 AM Uber Direct is synergistic with marketplace. It forms and deepens merchant relationships. Direct densifies our network, driving lower overall transaction costs. We're already working with some of the world's largest brands across a variety of categories. ELEVEN U mercato adidas KFC M SEPHORA Carrefour Walmart 69#70Delivery Multiple levers for Delivery to drive growth for the long term Further penetration of restaurant category 3% Uber food delivery '21 GB as % of restaurant spend in active countries 3.7 Q4 '21 food delivery monthly trips per MAPC; Top Eats' market at 6.7 monthly trips per MAPC Uber I Investor Day 2022 Cross-sell, engagement growth with New Verticals 1.4X Higher platform order frequency for NV users vs. non-NV users¹ +6pp Higher platform retention for NV users vs. non-NV users¹ 1. Based on average of consumers who placed their first New Verticals order in 2021. 2. In markets where our membership program is active, ~20% of Gross Bookings comes from members. Further adoption of Uber membership 17% Of total global GB² with long runway to increase adoption 40% Of global members are cross-platform users 70#71Delivery The best of your community, brought to your doorstep Uber | Investor Day 2022 71#72FREIGHT Lior Ron Uber I Investor Day 2022 ELE 72#73Freight Uber I Investor Day 2022 Facebook's problem starts at the top Ethiopia starves its citizens The Economist Aspecial report on trade Shein: China's fastest fashion OCTOBER 9TH-15TH 2021 The shortage economy 73#74Freight Trucking is the backbone of the global economy $4T Global market size¹ Uber I Investor Day 2022 40%+ Of global logistics spend¹ <-53 $884B 70%+ US market size² 1. Armstrong & Associates, Inc., "Third-Party Logistics Market Results And Trends for 2016" (2016). 2. Kearney analysis (2019)., 3. American Trucking Association Of everything sold in the US moves on a truck³ 74#75Freight But the industry is broken Drivers aging out¹ 1993 2003 2013 20-24 25-34 34-44 45-54 55-65 65+ Carriers 84% of carriers own fewer than 4 trucks² Uber I Investor Day 2022 Vastly inefficient capacity sourcing KEARA Ecosystem 17K brokers³ $110 cost/transaction 4. Public company filings; Uber analysis. 5. Freight Cass Index. MICHEL Shipper costs skyrocketing5 '17 '18 '19 1. American Transportation Research Institute, Analysis of Truck Driver Age Demographics Across Two Decades (Dec 2014). 2. Federal Motor Carrier Safety Association (FMCSA); Uber analysis. 3. JOC.com, Taking stock of the the freight brokerage business (September 2017); Transportation Topics. +43% Year over year '20 '21 Shippers >20% of tenders rejected Logistics cost ~5% of rev for shippers Devastating environmental impacts US Greenhouse Emissions8 7% Trucks Environment 30% of miles driven are empty 6. Freightwaves Sonar. 7. Public company filings; internal analysis. 8. US EPA, Inventory of US Greenhouse Gas Emissions and Sinks. 9. American Transportation Research Institute (ATRI). 75#76Freight The largest digital freight marketplace Uber I Investor Day 2022 Shippers Software and services to optimize their logistics spend Uber Freight Real-time procurement Logistics cloud Load matching Machine learning Automation + TRANSPLACE an Uber Freight company Load execution Planning Procurement Analytics Carriers Software and services to grow their business $17B Freight under management #1 Operational efficiency #1 Digital fleet 76#77Freight Redefining the economics of truck ownership Endless options ROCK HILL Utilization MOORESVILL COELIUS HUNTSVILLE CONCORD TTE Uber I Investor Day 2022 ST. CLAIR GROUGE MINTE Efficiency $1,220 4 loads 5 mi ■ 0 mi ■ 3 mi ● 14 mi ● deadhead Dallas, TX Jan 28, 10:30 CST Roundtrip bundle Grand Prarie, TX Jan 28, 13:00 CST deadhead Grand Prarie, TX Jan 28, 16:00 CST Louisville, TX Jan 28, 20:00 CST deadhead Louisville, TX Jan 29,800 CST Austin, TX Jan 29, 12:00 CST deadhead Austin, TX Jan 30, 8:00 CST Dallas, TX Jan 30, 12:00 CST Utilization Hide Van/Reefer 35.0k lbs 39 mi total Quick payments Revenue TX 5639 some Loyalty debit OpEx branch Uber Freight 77#78Freight Access to >1M drivers-the largest digital fleet Uber Investor Day 2022#79Freight Today, we are the platform of choice for carriers We're the #1 recommended carrier app Share of carriers likely to use¹ 50% 40% 30% 20% 10% Uber Freight Uber I Investor Day 2022 Other brokers 1. Interbrand Survey. 2. Carriers cohorted based on date of first load (2017-2021). Carrier engagement on our platform grows over time Indexed volume per carrier² 1.0X Year 1 48% CAGR 1.8X Year 2 2.6X Year 3 3.2X Year 4 79#80Freight Digital carrier network unlocks a superior business model 1 Lower carrier costs Marketplace Uber I Investor Day 2022 Better carrier utilization Lower shipper price Digital marketplace > better supply utilization and lower carrier cost Lower ops costs 2 Efficiency More reliable service Software automation > scalable business model with lower opex More loads Service Automated, instant network 3 More carriers Instantly connecting carriers & shippers > transparent & reliable 80#81Freight | Marketplace Marketplace optimization never before possible 10.5K shippers of all shapes and sizes with varying levels of sophistication, trying to find affordable, reliable capacity $1,220 4 loads 5 mi Omi ● ■ 3ml ● 14 mi deadhead Dallas, TX Jan 28, 10:30 CST Roundtrip bundle Grand Prarie, TX Jan 28, 13:00 CST deadhead Grand Prarie, TX Jan 28, 16:00 CST Louisville, TX Jan 28, 20:00 CST deadhead Louisville, TX Jan 29, 8:00 CST Austin, TX Jan 29,12:00 CST deadhead Austin, TX Jan 30, 8:00 CST Dallas, TX Jan 30, 12:00 CST Hide Van/Refer 350 lbs 39 mi total Uber I Investor Day 2022 Industry's first upfront pricing Market balance DISTRIBUTION O control Experimentation Supporting carriers with access to 1M drivers looking for ways to optimize their business -3.6 $192 Machine learning Liquidity Best personalized matching engine 10:29 Ali Thurs, Jan 27 $2180 . $3090 . . Houston, TX Jan 27-0800-1500 ST Tempe, AZ Near you 200 mi→ More than 300 mi a Sequin, TX Jan 27-14:30 ST Fri, Jan 28 Pueblo, CO Ja29-2000 ST $1490 477 A 4 Network optimization at scale 81#82Freight | Marketplace Continuously driving carrier costs down Freight Carrier Costs vs. Market Index¹ across various macro market conditions End goal for Freight carrier costs to be less than Asset Based Carrier pricing 2018 2019 2020 2021 Uber I Investor Day 2022 Demand constrained market Freight Carrier Costs vs. Market Index 1. Market Index benchmark sourced from DAT Internal data; Uber analysis. Supply constrained market 82#83Freight | Efficiency Industry-leading automation creates a more scalable business model Auto-created % of Uber Freight loads 94% 2017 2018 2019 2020 2021 Uber I Investor Day 2022 1. Internal data; Uber analysis. Auto-priced % of Uber Freight loads 100% Carrier 2017 2018 2019 2020 2021 Auto-booked % of Uber Freight loads 92% 2017 2018 2019 2020 2021 83#84Freight Service A digital, instant network → superior service >80% of failed loads¹ are re-booked automatically, with no human touch Uber I Investor Day 2022 1. Internal data; Uber analysis. Thursday, Sep 19 9:25am - Uber Freight Load Created 1:33pm - Dispatcher Load Offered Driver #1-2:04pm Assigned Friday, Sep 20 4:51am Mechanical Issues 5:00am - Dispatcher Driver Reassigning Driver #2 - 5:06am Assigned & Dispatched 1:00pm Arrived at Pickup 6:08pm In Transit 9:15pm Delivered Dropoff Reno, NV Pickup Fresno, CA 84#85Freight Becoming a vital offering to the biggest shippers Red Bull MISSION Kroger DANONE reckitt Welch's sleep number Mondelēz International IFCO Truco AAlbertsons COSTCO WHOLESALE OIL DRI INTERNATIONAL PAPER Uber I Investor Day 2022 Barilla Nestlē INDUSTRIES MORTON SALT ♥CVS LG Electronics THE HOME DEPOT Coca-Cola DOLLAR TREE True Value Refresco MARS (Del Monte Quality WORTHINGTON Me Kellogg's target Stanley Black&Decker ABInBev niagara Dole Kraft → COLGATE-PALMOLIVE SAMSUNG JCPenney MOLSON COORS beverage company Domino's LAGUNITAS BREWING COMPANY Ocean Spray DOLLAR GENERAL P&G Dillard's The Style of Your Life. IIA ALDI Campbell's Walgreens Ferrara CANDY COMPANY WestRock Valvoline. Schreiber Ball CHEP 3M Abbott LAND O'LAKES, INC. Staples UNITED STATES POSTAL SERVICE H-E-B KNAUFINSULATION (Henkel LAKESIDE FOODS PFirst Quality gopuff 85#86Freight | Service Technology + service drive increased engagement with our $100B+ shipper base¹ P&G niagara AB InBev MORTON SALT Uber I Investor Day 2022 Carrier of the Year Carrier of the Year Carrier of the Year Stellar Performance 1X Gross Bookings per enterprise account² Indexed to Year 1 per customer go-live Year 1 2X Year 2 1. Enterprise freight spend based on shipper annual revenue (over $1B) and internal analysis on freight spend by industry. 2. Shippers cohorted based on date of first load between 2017-2020. 3X Year 3 7X Year 4 86#87Freight TRANSPLACE an Uber Freight company Uber I Investor Day 2022 980 4 We have combined with the industry's leading Managed Transportation (MT) platform 1941 87#88Freight | TRANSPLACE an Uber Freight company Before: shippers procuring supply in fragmented, non-optimized broker and carrier market Uber | Investor Day 2022 Uber Freight 3PL O Shippers Drive demand Execute shipments and aggregate supply Carriers Move freight 88#89Freight | TRANSPLACE an Uber Freight company Transplace: streamlining and optimizing across shippers' supply chains >95% Gross retention 530M Annual transactions $410M Savings across 1,000+ shippers Uber | Investor Day 2022 TRANSPLACE an Uber Freight company I I Uber Freight MT 3PL Shippers Drive demand Manage 100% of shippers' freight, including planning, optimization, visibility, and billing & audit Execute shipments and aggregate supply Carriers Move freight 89#90Freight | TRANSPLACE an Uber Freight company North America's end-to-end logistics platform Shipper planning Uber | Investor Day 2022 Tide First mile Middle mile O TARGET Last mile Uber 90#91Freight | TRANSPLACE an Uber Freight company Transplace further accelerates our logistics flywheel Leading freight engine applied to full shipper networks with better matching and more automation Uber I Investor Day 2022 Lower carrier costs TRANSPLACE an Uber Freight company Marketplace Better carrier utilization $15B freight under management Lower shipper price Lower ops costs Efficiency More reliable service Uber Freight More loads Service Automated, instant network More carriers More data enhances marketplace engine 91#92Freight Uber Freight: the preferred network for deploying autonomous trucks Uber I Investor Day 2022 Self-driving truck completes ramp-to-ramp highway haul DRIVER AUTONOMOUS 92#93Freight We simplify the movement of goods to help communities thrive Uber | Investor Day 2022 93#94PRODUCT & PLATFORM Sundeep Jain Uber | Investor Day 2022 94#95Platform Uber I Investor Day 2022 95#96Platform Platform enables sustainable advantage versus single line of business Uber I Investor Day 2022 Earners Higher LTV and lower CAC Consumers Higher LTV and lower CAC Tech costs Time to market Lower Faster#97Platform EARNERS Uber | Investor Day 2022 97#98Platform Shared onboarding-simpler workflow Single-choice decision tree 8:40 Uber .... Choose how you would like to earn with Uber Help Give rides with your car You are at least 21 years old and your car is 2004 or newer with 4 doors. Deliver with a car You are at least 19 years old, with a personal license. Your vehicle is any two-door or four-door vehicle. Delivery by bicycle You are at least 18 years old and you have a bicycle. Uber I Investor Day 2022 Delivery by scooter You are at least 19 years old and you have a scooter / Continue Mobility onboarding Delivery onboarding 9:41 Uber Start earning now You're all set to get on the road and start making money on your terms. ✓ Shared onboarding You're all set, John! You're approved for rides and deliveries. Way to go! Approved for deliveries 5 items Approved for rides 4 items all Help + + 9:41 Background check We run background checks to help keep everyone safe. Legal name Bre Huang Driver's license number 12352AJSK24 State Middle (optional) Massachusetts Continue III 98#99Platform Shared onboarding-more supply hours, more trips Supply hours per earner Incremental trips² Delivery-only Uber I Investor Day 2022 Mobility-only 1.9X Delivery-only 1.2X Mobility-only 1. US supply hours in Q4. 2. Experimental Results. Cross-platform +6% Delivery 1st trip +20% Mobility 1st trip +40% Cross-dispatch 1st trip 99#100Platform Single app- more choices Uber I Investor Day 2022 X Shared heat map $20/hr $27/hr 10:00 AM Rides $23/hr now! $25/hr Deliveries $21/hr now Shared dispatches (future) 9:41 X UberX $19.50 ★4.90 Trip radar (5) • 2 min (0.5 mi) away Larimer Square • 31 min (27 mi) trip Colorado Center Delivery $13.50"> 23 min (6.2 mi) total • Vicky's Chophouse • Central Market, Denver Uber Comfort $23.00 ★4.90 8 min (0.6 mi) away 012 O 14 012 Mobility dispatch Delivery dispatch 100#101Platform Different peak demand periods for mobility and delivery Dominant transaction volume Mobility 8am-10 Uber I Investor Day 2022 Delivery 10-12 12pm-2 2-4 4-6 6-8 8-10pm 101#102Platform Single app-more earnings opportunities +3.4% Uber | Investor Day 2022 6am Earnings¹ per hour Mobility + Delivery Early morning 1. Minneapolis earnings data captured in Q4 '21. +5.0% 9am Mobility only +1.0% 6pm Dinnertime 102#103Platform Single app-higher retention Uber I Investor Day 2022 28-day earner retention¹ Delivery-only 1. US earner retention data for Q4. Mobility-only +17pp Delivery-only +3pp Mobility-only Cross-platform 103#104Platform With different peak periods, cross-sell has 15% lower CAC Uber I Investor Day 2022 7:30 = $161.80 $26/hr Rides You're online ill It's morning commute time! Turning on UberX could get you more requests. Turn on UberX X 11:45 = M $161.80 $20/hr Deliveries You're online alla Turn on Deliveries $25/hr Deliveries Many lunch orders right now! Turning on Deliveries could get you more requests. = X 104#105Platform Large opportunity to increase cross-platform earners Uber I Investor Day 2022 US population of Mobility-eligible drivers (Q4 '21) Mobility 58% Both 23% Delivery 19% 105#106Platform Earners-recap Shared onboarding Single app, shared information Different peak periods, cross-sell Uber | Investor Day 2022 II Higher supply acquisition Higher earnings → Higher retention Lower CAC 106#107Platform CONSUMERS Uber I Investor Day 2022 U 107#108Platform Growing range of options to go anywhere and get anything Uber I Investor Day 2022 Uber Rent for the weekend Diapers from Cornershop Cake from Uber Eats Drinks from Drizly UberX trip to lunch#109Interconnected apps Uber I Investor Day 2022 Go anywhere 9:00 Get a car delivered right to your door Get started → Ride Reserve Where to? Food Rent Home 2232 McGee Ave Package Work 1455 Market St Uber Vaccine We 2-Wheels Transit Now Seattle-Tacoma International A... 17801 International Blvd > > Get anything 9:41 Q Search food, groceries, etc Deliver Now 1400 Broadway Ave Restaurants Alcohol Pet supply Essentials Browse → 20% off essentials to your home Limited time offer Order again Home Groceries EQ Browse ... The Posh Bagel $0 delivery fee over $25 30 min Spend $30, Save $10 Deals Cart di More See all 4.6 You 109#110Platform Lots of surfaces for cross-promotion Uber I Investor Day 2022 Heading to Hotel Brazil Dallas Hungry after the long flight? Order dinner now → Uber Eats Hotel Brazil 2117 Valencia St. 8:15am dropoff How's your ride going? $15.75 Schedule a ride Order Food 1-30 E 8:15 pm Add or change Date Night to Javier's Enjoy 2 free drinks and a ride to your favorite Mexican food spot this weekend. Rate or tip 49 For You 20% off 9:41 UberX 24 8:15pm 3 min away Private Your usual Choose a ride 4 Fastest Alcohol Get it delivered Delivers by 8:45pm Comfort 8:18pm Restaurants M Poor Choose UberX Deliver now 1400 Broadway Ave Pharmacy 101 Q Restaurants, cuisines, dishes Ride 4 Alta Plaza Park $-$$$$ HOLLOW Groceries $8.57 $10.58 Order Cust $11.48 $5.03 ●● More Get a ride Order food 9:41 Reserve Order Food Groceries View all services Q Where to? Leave Now Get a ride HYUN * 4.6 (208 ratings). Korean . $$. Open until 10:30 PM Book a Ride Enter a pickup location UberX 24 Tomorrow at 9:00am Comfort 8:18pm Rent a car Packages ♡ Reservati $8.57 $10.58 $11.48 110#111Platform Interconnected apps create lower CAC 2.1X the Delivery consumers than all paid channels combined... Uber I Investor Day 2022 Paid channels 2.1X Uber Rides app 1. FY '21 US consumer acquisition costs. ...and the cost of acquisition is 25% that of paid channels¹ Paid channels 0.25X Uber Rides app 111#112Platform Consistent identity, payments, profiles, and preferences personalize your experience in both apps Go anywhere from Home Home Where to? Pickup time Ride for Mev Uber I Investor Day 2022 Get delivered to Home Delivery Pickup Home 1455 Market St, San Francisco Go & share trip with Mom (O) Share with Mom? 101 Share LGOW HOLLOW Total Order a meal with Mom Mike S. 1 item 1 Green Bowl 1 Mom 1 item Green Bowl $7.20 $7.20 $21.60 112#113Platform Magical moments through Go & Get combinations, only on Uber Uber I Investor Day 2022 7:58 5.0 ★ Are you ready to be picked up? It will take Olamide 8 mins to reach Terminal 2 Door 8. Please be ready to meet Olamide by 8:05 PM Yes, pick me up Hungry after the long flight? Order dinner now →→ Message Olamide 113#114Platform Connected experiences increase consumer engagement Uber I Investor Day 2022 $58 Mobility¹ 1. Global quarterly platform Gross Bookings per consumer in Q4 '21. $151 Delivery¹ $364 Cross-platform¹ 114#115Platform In addition to higher engagement, cross-product consumers have higher retention and LTV Mobility + Delivery Mobility Delivery Uber I Investor Day 2022 78% 62% 50% Q4 '19 Q4 '20 1. Global monthly retention defined as % of consumers that are still active (at least 1 transaction) out of the active cohort from the previous month. Q4 '21 77% 61% 60% 115#116Platform Cross-platform adoption has steadily increased, with a lot more growth expected ahead % of Gross Bookings % of trips % of active consumers¹ Uber I Investor Day 2022 34% 25% 12% Q4 '20 46% Q4 '19 1. Chart shows % of Gross Bookings, trips, and active consumers generated from cross-platform consumers. Active consumers are the number of unique consumers who completed a Mobility ride or received a Delivery order on our platform at least once in a given quarter. Cross-platform consumers completed at least one Mobility ride and received at least one Delivery order in a given quarter. 34% 17% Q4 '21 116#117Platform Uber One Rides and deliveries, together Best prices Discounts and free delivery on Rides, Eats, Grocery % Unlimited $0 Delivery Fee For eligible orders on food, grocery, and more* Discounts 5% off eligible rides, delivery, and pickup orders* Uber I Investor Day 2022 Best service Top-rated drivers on Rides Uber One delivery promise on Eats e Top-rated drivers on rides Top-rated drivers on rides Delivery promise Uber One Promise on eligible deliveries. Global support and perks Across the platform Exclusive perks Special offers, promotions and invite-only experiences Premium support Global premium support for Uber One members 117#118Platform Members spend more Consumers spend 1.5X more after becoming members, and members spend 2.7X more than non-members Uber I Investor Day 2022 1. Global monthly spend data as of Q4 '21. Monthly spend¹ Non-member vs. member Consumers without membership 2.7X Consumers with membership 118#119Platform Members have stronger retention than non-members Uber I Investor Day 2022 2021 Q4 retention rate¹ Consumers without membership +20% Consumers with membership 1. Global retention defined as what % of consumers are still active (at least 1 transaction) out of the active cohort from the previous quarter, split by membership status in previous quarter. 119#120Platform Consumers-recap Interconnected apps Shared data, magical moments Uber | Investor Day 2022 Uber One membership III Cross-promotion, lower CAC, unified identity, same wallet Higher engagement, higher retention, higher LTV, and growing platform consumers Higher spend, higher retention, geographic expansion 120#121Platform TECH COSTS & TIME TO MARKET Uber I Investor Day 2022 121#122Platform Significant shared tech operating at scale for lower costs and out-of-box functionality for faster launch Identity Unified login, authorization, personalization Maps Routing/navigation, pickup/dropoff points, ETAS Payments Unified wallet, local payment methods, risk and fraud tools Ordering On demand, scheduled, multi-job UberX UberXL Uber I Investor Day 2022 Pool Black Dispatching Upfront assignment, queuing, batching, positioning Pricing Dynamic pricing/surge Trip life-cycle State management, post processing, error management, receipts Taxi Food Alcohol Grocery Infrastructure Storage, indexing/search, data flow, frameworks, configs, pipelines, ML labeling Support Agent network, automation, workflow, support channels Localization Language, tax, compliance Package Convenience HCV Freight 122#123Platform Shared tech accelerates time-to-launch Mobility GBs Delivery GBs (ex-New Verticals) New Verticals GBs Uber I Investor Day 2022 60 50 40 30 20 10 0 M1¹ M20 Gross Bookings ARR (US$ B) M40 ww M60 سسر 1. Month 1 for Rides and Eats shows the first month when the businesses reached a $10M gross bookings run-rate; for New Verticals, Month 1 is July 2020, with the closing of Uber's Cornershop investment. M80 123#124Platform Sharing trip data makes each service better Uber I Investor Day 2022 Delivery data for apartment complexes makes ride pickups better 9:41 Q tst. W 35th St Archer Ave Pickup O W 47th St W 51st St W Garfield Blvd S Damen Ave SAshland Ave W 69th St S Ashland Ave $161.80 3rd St Destination 2354 Fell St Crossing S Loomis Blvd S Morgan St T S Loomis Blvd S Halsted St A Car accident S Morgan St Halsted St S Union A ion Ave w Garfield Blvd S Halsted St S Wallace St S Halsted St W Marquette R W 69th St 9 min all A Car accident ahead Pickup spot will be on your right swells St Navigate s State St 5.4 mi S State St Ride data makes delivery ETAS more accurate 9:41 Deliver to Meredith R 1200 Fuller Wise Rd Parking Apt 506 Keyless access Tap to open Meredith R. 180 Post St. Apt 506 Aldgate Towers Entrance You've arrived Koyloce 200000 124#125Platform Delivery benefits from a decade of machine learning on rides Matching graph optimizations +1,000X 2010 1.0X 2010 2012 Pricing algorithms optimizations 0% 2.0X 2012 +25% Uber I Investor Day 2022 2013 +50% 2014 10X +300% 2015 +70% 2015 40X 2016 +120% 2017 +150% 2018 100X 2018 +200% 2021 1,000X 2020 +300% 2022 : 125#126Platform Shared earners Uber +40% First trips shared onboarding vs vertical product +4% Earnings single app vs vertical product -15% CAC different peak period, cross-promote @23% cross-platform earners, and growing Uber I Investor Day 2022 Shared consumers Uber +400% Spend/User cross-platform vs vertical product +25% Retention cross-platform vs vertical product -75% CAC Rides to Eats vs external channels @17% cross platform users, and growing +20% Retention Uber One membership program Shared tech -Time to market out of box functionality -Tech costs shared capabilities +Product experience shared data and profiles +1,000x matching benefits via machine learning +300% pricing efficiency via machine learning 126#127ADVERTISING Musical! LINE Boots Mark Grether WINNER! 6 TONY AWARDS INCLUDING BEST MUSICAL KINKYBOOTSTHEMUSICAL.COM-FOR TICKETS CALL 212 -235-6200 DOUBLETREESUITES TO Uber | Investor Day 2022 An American THE ILLUSIONISTS FINAL MONTHS NA Matil THE ILLUSIONISTS ANGE MONEY ATM Mª NAUTICA IN 400 YEARS LOL Pelles! PLAISSAGE 127#128Advertising Reaching the Uber audience Uber I Investor Day 2022 118M MAPCS¹ 1.8B Trips¹ 5.0 Monthly trips/MAPC¹ 1. Metrics are as of Q4 '21. Premium, Go/Get audience Engaged at home, work, and on the go Uniquely rich, first party Purchase and location data applications and closed-loop attribution Global reach, frequent use case 30+ countries available through one platform 128#129Advertising Cross-channel ad formats to deliver on advertiser objectives Uber | Investor Day 2022 Awareness Consideration Conversion Retention Cartop/in-car Uber YOUR STARBUCKS RUN JUST GOT EVEN EASIER Uber Eats Heading to 100 Broadway, New York, NY 10005 Discover Map Eats Play Quiet Mode Uber Eats Watch the latest video ... KYLIE IS BAC KYLIECOS 129#130Advertising Cross-channel ad formats to deliver on advertiser objectives Uber I Investor Day 2022 Awareness Consideration Conversion Retention 6:20 1 ← 4 O Your Starbucks run just got even easier. Order now. Home a SFO 123 For James San Francisco International Airport 780 McDonnell Rd, San Francisco San Francisco Station 700 $th St, San Francisco San Francisco Marriott Marquis 780 Mission St, San Francisco qw e r t y u Set location on map sdf Z X с ghjk V b i space Mobility O n m + I р X return 7:28 Oak Lawn Park Dropoff at San Francisco International Airport 8:15 am dropoff Your Starbucks® run just got even easier. Order Starbucks® delivery on Uber Eats. See Uber Eats app for details. San Francicos International Ad 130#131Advertising Cross-channel ad formats to deliver on advertiser objectives Uber I Investor Day 2022 Awareness Consideration Conversion Retention 9:41 Coffee 80 Results for "Coffee" Pickup Sort C Starbucks Sponsored $0.49 Delivery Fee. 20-30 min Home The Posh Bagel $0 delivery fee over $25 30 min ANA Q Search Orders Delivery .... - Top Eats 4.7 4.6 Account P 9:41 f = Sunset Grocery a Search 647 items Beverages Starbucks Frappuccino $3.69 13.7 oz. Sponsored + Mott's Apple Juice $12.95 Fruits & vegetables + FIJI + Fiji Bottled Water $2.50 + chic chin $12.9 cust See all 131#132Advertising Cross-channel ad formats to deliver on advertiser objectives Uber I Investor Day 2022 Awareness Consideration Conversion Retention 9:41 Delivery Deliver now 1455 3rd Street Insomnia Cookies $0 delivery fee over $25. 24 min Order again from Starbucks Sponsored 20-30 minutes Home Caffè Latte $4.15. With oat milk EQ Browse Grocery all- Orders 4.6 Samm $2.99 De Cinnamon Dolce Latte $4.15 With oat milk + Account 132#133Advertising Focus verticals Restaurant Today Uber I Investor Day 2022 CPG ( Travel ‒‒‒ Finance Entertainment Future %⁰ Retail Local 133#134Advertising Our 2021 Delivery highlights Uber Eats for Restaurants Home Analytics Feedback Top Eats Reports Payments Menu Holiday Hours. Marketing Preparation Times Users Documents Settings Back to Marketing Run a Sponsored Listing Boost your restaurant higher in the Uber Eats feed Step 3 of 3 Review and submit Your ad campaign will run immediately within store hours Audience All customers Duration Sep 19, 2020-Oct 19, 2020 Budget $150/total Campaign name Ad Campaign 09-21-2020 This ad will be displayed to customers in your delivery radius throughout the campaign's duration. You'll only be charged when customers click on your ad, and any Uber | Investor Day 2022 ASAP 123 Sesame Street Bao Down Sponsored Clicks Estimated results Impressions Total views of your ad Ad preview Help Log out Contact support 760-3,160 22-91 170K Active advertisers¹ 30+ Countries launched 11x Average ROAS² Uber Eats has been by far the best marketing partner for us. We advise all of our dark kitchen clients to use Ads to increase their presence on the Eats platform and capture returning customers. The months when they don't run Ads, we see a negative impact on the business. - Andrew Lambert Vice President of Business Development, Nextbite³ 1. Active advertisers in Q4 '21. 2. Return on ads spend calculated as order basket size over advertising spend. 3. Leading virtual restaurant partner representing brands such as Whichcraft, George Lopez Tacos, and Hotbox by Wiz Khalifa. 134#135Advertising Our 2021 Mobility highlights TUR 7:28 Dispatch Confiming your ride 8:15 am dropoff O Marriott Bonvoy 3 -A www Where Can We Take You? 30 Hotel Brands. Endless Experiences. .... San Francisco International... 8:15am dropoff $15.75 Personal. Visa 7643 all Ad K Add or change Switch, Uber I Investor Day 2022 Rides in-app pilot En-route 7:28 e St st n Ness Ave 101 Hayes St BET Send a message Larkin St Market St Pickup spot Change Google Meet at your pickup spot on Mission St 11th St all Travel more, earn more st Missio 10th St (0) 5 min Anderson 3M53AF2 Silver Honda Civic BONVOY 7:28 354 OD 354 Ad Google On trip Destination. CITY CENTER DISTRICT Commerce St Heading to San Francisco International Airport Earr BRYAN PLACE FARMERS MARKET DISTRICT 1-30 W VON Marriott Bonvoy n 1. According to 3rd party brand analytics provider, Upware. all DEEP ELL Elm St 30 E 8:15 pm MARRIOTT BONVOY Gaston ott Bonvoy points ~2 min The average digital ad time in view¹ 2-6X+ Brand performance lift vs. similar advertising solutions¹ Pilot partners LIVE NATION Marriott MARS WRIGLEY AMERICAN EXPRESS Bloomberg Media 135#136Advertising Our 2021 Mobility highlights Uber I Investor Day 2022 Uber Don't Eats Prop food Do not eat light bulbs Cartops 02.13.22 3,000+ Cartops 7 Markets live ~20% Increase in driving earnings on average I really appreciate the opportunity. I think it's great that Uber is constantly moving forward with innovation and new technology. If you are going to the supermarket or going to school to pick up your child you are still making extra money. I recommend that everybody should have it, and it looks good on my car! - William Driver with Uber in Atlanta 136#137Advertising We expect $1B+ advertising revenue by 2024 Ads FY Revenue $11M 2020 Uber I Investor Day 2022 $141M 2021¹ $1B+ 2024 Target 1.-$225M in run rate revenue, Dec '21 Key drivers New ad surfaces Rider app, cartops, in-ride tablets New ad formats Sponsored search, sponsored display & branding, sponsored video, sponsored items Increased CPM driven by new features such as audience and cross-platform targeting Dedicated salesforce 137#138Advertising Advertising's flywheel effect Utilizing Uber's data and scale to offer the most marketplace-centric advertising connecting advertisers with our platform users Uber | Investor Day 2022 More profit More advertisers Investment in growth Advertising fuels growth More value More users More data 138#139UBER FOR BUSINESS Susan Anderson Uber | Investor Day 2022 Ma 139#140Uber for Business Uber for Business brings the power of Uber to organizations, their employees, and customers RTURES Travel Provide seamless business travel and meal programs Uber I Investor Day 2022 Meal programs Manage employee commute programs and in-office meals Marketing Offer rides or meals as incentives for customers Logistics Dispatch rides to customers and VIPs Uber Health Coordinate HIPAA-compliant patient transportation & deliveries 140#141Uber for Business Travel Provide seamless business travel, meals while traveling, and commute solutions Uber I Investor Day 2022 Edit program Review Uber travel program selections Create program or edit to set details, limitations, and allowances for your team. You can always change these later. 0 A Program Information General travel. Rides any where, any time. Rules C Groups 1 group(s) selected Expense Code No expense code required Locations Any location Time All Day (24 Hours) Ride Type Limited ride types Ride Type O All ride types Limited ride types UberX Share Economy Premium 11:461 Pave St ornia St Union Square Geary Farrel St ENDERLOIN Market St ncisco Google : A Mission St SOMA Hilton San Francisco.... San Francisco Museum of Modern Art St SOUTH BEACH K Oracle Park Chase Cer Work > 17% promotion applied UberX 3 Affordable rides, all to yourself ◆ $44.90 $53.81 UberXL Affordable rides for groups up to 5 Employee Shuttle Next at 6:44AM, tomorrow Commute shuttles for Bay Area employees at Uber Reserve UberX Fri, Feb 4 at 6:00 AM $51.76 $62.03 Employee Transportation... Billed to company $0.00 1x pts Dollar values on screens are illustrative only 141#142Uber for Business Meal Programs Manage employee meals in the office and at home Uber I Investor Day 2022 9:41 ED Uber One free with {Company-Name} $9.99/me Free Uber One benefits % Unlimited $0 Delivery Fee For eligible orders on food, grocery, and more* Member pricing guaranteed 5% off eligible rides, delivery, and pickup orders* Priority service Top-rated drivers on rides, and the Uber One Promise on eligible deliveries to give you $5 in Uber Cash if our Latest Arrival Claim offer Uber One 9:41 Eats for Groups Let us take care of your next gathering O B Top restaurant picks Hand-picked for exceptional reliability, accurate labelling, and timely responsiveness Easy planning Planning for a group event? Count on excellent service and reliable delivery Special support for large orders Order for more than 20 people and get VIP support, top rated couriers and special offers Get started Large-order fulfillment 9:41 Repeat order First order Mon, Dec 31. 12:00 - 12:30 PM Frequency Every day Repeat on Su Ends Mo No end date Every week Tu We Save Cancel Every 2 weeks Th Fr Sa Repeat orders Lat 142#143Uber for Business Marketing Offer rides or meals as incentives for customers Uber I Investor Day 2022 CAESARS. SPORTSBOOK AN OFFICIAL SPORTS BETTING PARTNER NEW USER OFFER BET $50 GET A $250 UBER EATS GIFT CARD REDEEM NOW Necas only held access & canctions apply So Coocoones Carl you you know fogantisconsing nd refer les can be used by calling 1.600 HELER 800 426 27 eving 800gm.org. NFL Uber Eats 5:131 ◄ Gmail X Claim your voucher Expires in 2 days $25.00 Uber Up to $25.00 off each trip 2 trips total Issued by Uber for Business. LTE By accepting this voucher, you acknowledge that Uber may share your name and trip information with the issuer This voucher has no cash value, is non- O transferable, and may be changed or cancelled at any time. 8 Limited availability Scroll down to continue 143#144Uber for Business Logistics Dispatch rides to customers and VIPs Uber I Investor Day 2022 BENCO Uber Central + Create new ride Today's rides Awaiting pickup In progress Completed Upcoming Future rides Drafts Past rides Need help? 1(800) 321-3452 Email support Help center Feedback Terms & Conditions Privacy Policy 2 0 0 0 2 3 2 256 January 29, 2021: Monday Sebastian Lopez (917) 889-0169 Scheduled ride Sebastian Lopez (917) 889-0169 Flexible ride February 8, 2021: Tuesday Sebastian Lopez (917) 889-0169 Uber Reserve Sebastian Lopez (917) 889-0169 Scheduled ride 9:41 ||| Hayes St Hickory St ugh st Market St Brady St 101 12th St Google 4.7★ Fell St Grove St Send a message Jessica is on the way 865 Mission St 11th St Lafayette St Grove St Natoma St Jessie St Washburn S 10th St 12th St Edit Natoma St Grace Mar Kissling St Howard St 9th 5 11th St Folsom St 8 min 3M53AF2 Honda Civic - Silver 144#145Uber for Business Uber Health Coordinate HIPAA- compliant patient transportation and deliveries papa ♥CVSHealth. Uber I Investor Day 2022 New ride →➜One-way Rider details First name Jessie Telephone ✔ +1 (123) 456-7890 + Add rider Texts will be sent to riders in English. Edit language Ride 1 of 2 Pickup address a Dropoff address a Choose how to request the ride Scheduled ride Last name Schedule to send an Uber ride for now or later Choose when they're ride = 12/25/2021 Diaz Roundtrip Mobile O Flexible ride The rider will request via SMS when they're ready C 12:00 PM RUSSIAN HILL Gough Franklin St St ll St Union St arket St Bay St NOB HILL San Francisco LOWER NOB HILL Geary St 101 Washington Square 10th St NO BE UNION SQUAR 8th St 9th St 6th S 16th S < 9:41 837-730-4105 Hi Jessie, Care Org has set up an Uber ride for you! By taking this trip, you're agreeing to Uber's terms uber.com/terms. Reply STOP to stop future messages. iMessage Wednesday 3:30 PM Jessica will arrive in 4 min in a Honda Civic (JKFL4A). Your driver will only wait 2 minutes after arriving. Contact 155-829-2111. View: https://trip.uber.com/Hhxcl KJuSa Your driver Jessica is arriving now. need help? Contact support here: https://uber.com/help and O reference license plate: 7EPN749 and trip ID: 1290e8f A iMessage 145#146Uber for Business The power of Uber in everyday business ∞ Meta salesforce Uber I Investor Day 2022 Business travel Commute & transport Meals at home or while traveling Vouchers for client & marketing events Uber#147Uber for Business Uber for Business serves 170,000 orgs worldwide, including over 60% of the Fortune 500 Countries with dedicated sales teams Countries with self-service function Uber | Investor Day 2022 147#148Uber for Business Business to business (B2B) represents a huge opportunity Mobility $400B+ Delivery $230B+ Health TAM TAM TAM Total addressable market Uber Eats Uber I Investor Day 2022 $55B+ $600-800B 148#149Uber for Business Uber for Business is a strong acquisition channel for new users and these users are some of our most valuable Uber for Business acts as a strong acquisition channel¹ 35% 6% Travel Uber I Investor Day 2022 Reengaged 15% 4% Meal Programs New 1% 14% Vouchers Uber for Business consumers deliver 4.4X the profit of personal-use-only consumers² 4.4X I Personal user -7 1. Percentage of Uber for Business users that are net new or reengaged in 2021 (no activity on business or personal profile for 6+ months). 2. For Q4 '21., 3. Includes business and personal usage. Uber for Business user (3) Mobility 149#150Uber for Business The diversification of our portfolio is having a meaningful impact on Uber for Business Gross Bookings mix 2018 Mobility Health & Other 2% Uber I Investor Day 2022 98% 98% of our gross bookings came from Mobility products in 2018... 2021 Mobility Health & Other Delivery 16% 10% 74% ...compared to 74% in 2021 150#151Uber for Business We're investing to win the business segment with the goal of growing Gross Bookings 5X+ by 2024 Uber I Investor Day 2022 Gross Bookings¹ Mobility Delivery Health & other $539M 2018 5X+ $1.1B 2021 $5-6B 2024 1. Gross Bookings for Managed Uber for Business, which is the the actively managed portion of the business through Uber's account managers and sales team. Unmanaged U4B Gross Bookings (representing consumers using Uber directly through their corporate profiles) was an additional $2.8B in 2021. 151#152ECONOMIC IMPACT & PUBLIC AFFAIRS Jill Hazelbaker Uber | Investor Day 2022 152#153Economic Impact & Public Affairs Proving that Uber is a true partner to cities on the issues that matter to them most Uber I Investor Day 2022 Economic opportunity Safety Sustainability#154Economic Impact & Public Affairs Uber is the largest source of work in the world 72 31M Countries Earners from 2016-2021 $177B Earnings from 2016-2021¹ Uber I Investor Day 2022 1. Earnings inclusive of tips On-demand work was a lifeline during COVID-19: 64% of people new to the gig economy in the last 2 years had either lost a job or faced reduced hours 78% said platform work was an important or essential source of income during the pandemic accenture Platforms Work Report 154#155Economic Impact & Public Affairs Improving flexible work Create a credible alternative to employment and stand for something positive for the future of work The vast majority of drivers and couriers surveyed consistently report that flexibility is why they choose app-based independent work¹ Uber I Investor Day 2022 72% 86% 82% 78% 2X 1. Based on various Uber-commissioned surveys from 2018-2021. of French couriers considered flexibility and independence to be some of the most important aspects of their work with Uber Eats of US drivers and couriers chose app-based driving to have flexibility in their schedule and 86% would no longer be able to drive if it didn't offer a flexible schedule of drivers in London agreed that being able to choose their own hours is more important than having holiday pay and a guaranteed minimum wage of Australian drivers value the flexibility of the Uber platform and 3 in 5 wouldn't work for a "traditional company" without flexibility drivers on average in Chile and Mexico would need their pay to be more than doubled in order to be willing to switch to a traditional employee job 155#156Economic Impact & Policy Uber has pioneered dozens of safety technologies, many of which are now industry standard Uber Investor Day 2022 Share trip status Tap a contact to share your trip status Add Contact 9:41 Google Jane Williams 9:41 RD Rachel Davis Copy share Link Share OK BW Brad Walker Pickup spot Your ride is auto-verified Your PIN was transmitted to your driver's phone wirelessly. Have a great trip! E Li X Help keep your community safe X Take a photo with your helmet on 9:41 Helmet verification Bike safety checklist Confirm the following precautions. Required Show details Secured delivery bag Lights and reflectors Follow traffic laws all- Let's go Helmet Phone mount Brakes, tires, and chains 9:41 ← Swipe to call 911 Can't talk? 9:41 Contact 911 for me Verify your ID card To pay with cash, submit a photo of the side that has your ID number on it. Why is this required? Scan Document Use credit card Do you need help? It seems your trip is taking an unexpected route. I'm OK, thanks Skip 911 Assistance Driving limit reached You've driven for the maximum amount of time allowed on the Uber App. Your app will now be offline until 10:31 pm. 7:28 UPPER 44 MARKET CASTRO Stay offline Dropoff spot 16th Sto 1 An agent will text you in a moment Dolores St Change Uber We sent your trip information to a safety agent. Look out for their text. (0) Trip info Anderson's vehicle information Honda Civic FXC6172 Estimated current location 2433 Polk st 2 OK Enter Jenny's PIN 3 Guerrero St 4#157Economic Impact & Policy Changing the culture on safety Industry-first Safety Report Uber's safety report is an example for all to follow The Boston Globe THE WALL STR PRESID POPULIST SURGE Clinton lost in key battle What's News 1 Donald✔✔✔ Trump 276 Hillary Clinton 218 Parishioners Didn't Susp the GOP Then They Se Hindir Bed Trump Tax Cut ed Markets Jittery on Early Results **** Deplor Rise Up To Reshape America 100% committed Nearly 4 million Uber trips happen every day across the US That's around 46 rides per second 999% of those trips are without any reported safety issue. But even 01% is hard to accept Because that number represents the real experiences of drivers and riders and that's unacceptable That's why we created ridesharing's first-ever Safety Report Not to find out what's going right, but to shine a light on what's wrong And by making that Safety Report public, we are 100% committed to getting that 0.1% to zero. We know these seem like big, bold words. But it's not just talk We're taking real action to help both drivers and riders There is now an Emergency Button in our app that directly connects you to 911 with a simple tap of a button. Our RideCheck technology can detect unexpected stops or possible accidents and provide you with the tools to get help if needed Eliminating mandatory arbitration for sexual misconduct Uber eliminates forced arbitration for sexual misconduct claims The New York Times Industry Sharing Safety Program Uber and Lyft partner to share information on drivers accused of assault NBC NEWS 157#158Economic Impact & Policy 80% of riders with Uber say Uber has helped them personally avoid drinking and driving Uber | Investor Day 2022 A study in Houston, Texas, between 2007-2019 found: Motor vehicle collision traumas decreased by 23.8% on Friday and Saturday nights for all ages DUI arrests decreased across the board JAMA The Journal of the American Medical Association 158#159Economic Impact & Policy STOP Leading the way on COVID-19 safety technology and policies A company that moves people is asking you not to move. Together we can stop this. STOP STOP STOP Uber I Investor Day 2022 4:11 No mask. No ride. We all play a role in helping keep each other safe. That's why as part of our Door-to-Door Safety Standard, riders and drivers are required to wear a face cover or mask. Watch the video Helping to keep each other safe during COVID- 19 ALL TRAFFIC We're actively monitoring the coronavirus (COVID-19) situation and are continually working to help keep those who rely on our platform healthy and safe. Go to Uber's COVID-19 hub Jon protects Charley Air 8:40 X Donate rides to vaccines Help your community get vaccinated NA Choose a donation amount Every dollar donated will help fund rides to vaccination centers for underserved communities. $5 $10 $15 $25 $50 Continue 8:40 X W Reserve a ride to your appointment Walgreens 191 E 3rd Ave Saturaday, Feb 14, 2021 Arrive at 2:15pm for your 2:30pm appointment all Reserve a ride No, thanks 159#160Economic Impact & Public Affairs Leading the way to an electric future 2025 $800M to help hundreds of thousands of drivers access EVs 100% EV in London, Amsterdam 50% EV across 7 major cities in Europe 1,500+ Cities with Uber Green Uber | Investor Day 2022 2030 100% EV rides in US, Canada, and Europe 500+ Partnerships with transit agencies 2040 100% EV rides globally 100+ Cities where micro-mobility options are integrated in the Uber app 160#161Economic Impact & Public Affairs Environmental, social, and governance = Our core work Uber I Investor Day 2022 Support communities in recovery from COVID-19 Champion equity, fairness and accessibility inside and outside the company Innovate and invest in technology as we pursue industry leadership in safety Preserve flexibility and improve the quality, security, and experience of independent work Advance our efforts to be a fully zero-emission platform by 2040 Best-in-class corporate governance in the tech industry#162Economic Impact & Policy We show up to help cities when they need us most Not only is Uber a great source of jobs, but has taken a leading role in providing vaccines for your drivers. I think it's a great example to other companies. US North Carolina Representative, Richard Hudson Thank you Uber and Uber Eats for taking care of our heroes on the front line. US New York City, NY Former Mayor, Bill De Blasio Uber I Investor Day 2022 They're doing a patriotic thing United States of America President, Joe Biden 162#163FINANCIAL FRAMEWORK Nelson Chai Uber | Investor Day 2022 163#164Financial Framework Delivering profitable growth Uber I Investor Day 2022 ↑ Growth at scale ll Expanding profitability ▸ Disciplined capital allocation 164#165Financial Framework Evolution since IPO Solid execution against a challenging environment Gross Bookings - FY 2018 Mobility Delivery Freight 16% Adj. EBITDA (% of GBs) Uber I Investor Day 2022 1% $50B -3.7% 83% Gross Bookings - FY 2021 57% 2% $90B -0.9% 41% 165#166Financial Framework We moved rapidly to focus on growth opportunities while securing our future Divestitures Uber delivery Zomato in India JUMP → Lime Freight in Europe Uber Elevate → Joby → Aurora ATG → $sennder Operating initiatives Uber I Investor Day 2022 Exited 15+ sub-scale delivery markets SK Telecom JV Freight funding Headcount rationalization $1B run-rate fixed costs reduction Acquisitions Careem Cornershop Postmates autocab DRIZLY TRANSPLACE Product development Grocery delivery Uber Advertising Uber Eats Uber Eats for Business Uber Direct Uber One Uber Reserve 166#167Financial Framework Expected growth curve steeper post pandemic Uber I Investor Day 2022 Gross Bookings¹ (in billions) $19 2016 Actual Pre-COVID Consensus Current Consensus $34 2017 $50 2018 $65 2019 $79 $58 2020 $96 $90 2021 1.2022E and 2023E reflects Factset Consensus as of February 2022; pre-COVID consensus as of February 2020. $118 $112 2022 $143 $128 2023 167#168Financial Framework Adjusted EBITDA profitability achieved in H2 '21 Start of the pandemic -$612M Q1 '20 Uber I Investor Day 2022 -$837M Q2'20 -$625M Q3'20 -$454M Q4 '20 -$359M Q1'21 Elevated driver supply investments -$509M Q2'21 $8M Q3'21 $86M Q4'21 +$698M 168#169Financial Framework Still in early stages of penetration across large TAMs¹ Mobility $5T+ TAM All passenger vehicle and public transport trips in 175 countries Uber I Investor Day 2022 Uber Eats Delivery $5T+ TAM Global spend on retail restaurants, home delivery, takeaway, drive thru, dine-in Grocery spend in markets serviced 1. Please see Uber's S-1 for more details on Mobility, Food Delivery and Freight TAM definitions. Freight TAM Global trucking logistics costs $4T 169#170Financial Framework Q4'21 Annualized run rate Mobility Delivery Freight Total Uber | Investor Day 2022 Gross Bookings $45B $54B $4B $103B Adjusted EBITDA margin¹ 5.1% 1. Adjusted EBITDA margin as % of Gross Bookings; Total Adjusted EBITDA margin includes Corporate G&A and Platform R&D. 0.2% (2.3%) 0.3% 170#171Financial Framework Strong leadership position across the footprint... Scaled leadership across the Mobility footprint ensures superior consumer/earner experiences and value creation for Uber Mobility GB Mix³ 56% Uber I Investor Day 2022 International CP1¹ (90% of GB) us 44% CP2² (9% of GB) Category leading or a healthy CP2 position across Delivery complements Uber's leading Mobility footprint Delivery GB Mix³ CP1 (38% of GB) International 58% us 42% CP2 (59% of GB) 1. "CP" stands for Category Position. CP percentages are internal estimates based on our billings and estimated billings for other ridesharing and food delivery platforms as of the last week of FY 2021. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. 2. "CP1" represents markets in which Uber has a category leading position while "CP2" represents markets in which Uber is second in lead relative to other platforms. 3. Gross Bookings mix is based on FY'21 Gross Bookings for each segment. 171#172Financial Framework ...with constructive trends in our largest market Profitability improvement and category position gains through 2021 4.3% UberX 65.1% Billings CP%¹ Q1'21 Uber I Investor Day 2022 Us Mobility 1.3% Q2'21 5.3% Q3'21 Segment Adj. EBITDA % of Gross Bookings 5.5% 69.0% Q4'21 Urban 45.3% Billings CP%¹ Suburban 22.6% Billings CP %¹ -2.6% Q1'21 Us Delivery -2.5% Q2 '21 -0.6% Q3'21 Segment Adj. EBITDA % of Gross Bookings 0.0% 47.7% 26.4% Q4 '21 1. "CP" stands for Category Position. CP percentages are internal estimates based on our billings and estimated billings for other ridesharing and food delivery platforms as of the last week of each referenced quarter. Billings represents the sum of the amounts billed to the consumer, as listed on the receipt after discounts and credits. 2. Segment Adj. EBITDA % of Gross Bookings reflect US Mobility and US Delivery margins, not global margins. 172#173Financial Framework Uber's platform drives higher LTV/CAC Core strengths Globally scaled offerings (Largest mobility and food delivery player, ex-China) Large consumer and earner base (118M MAPCs, 4M+ active earners) Best-in-class shared tech (75% of engineering resources focused on common elements & data scale) Uber I Investor Day 2022 Platform feedback loops Lower acquisition costs O Better Higher retention engagement Results Faster ramp of new offerings Faster growth across the core Better margins and reinvestment potential 173#174Financial Framework Cross-platform consumers significantly more valuable Cross-platform consumers' stronger engagement and retention lead to compounding gains over time 2018 2019 2020 Year 1 1.0X 1.0X 1.0X Uber I Investor Day 2022 Gross Bookings by cohort (All Uber consumers) Year 2 1.5X 1.3X 1.7X Year 3 1.2X 1.6X Year 4 1.6X 35% greater Year 1 1.0X 1.0X 1.0X Gross Bookings by cohort (Cross-platform consumers) Year 2 1.8X 1.5X 2.3X Year 3 1.6X 2.0X Year 4 2.2X 174#175Financial Framework Cross-platform engagement steadily expanding Early days for cross-platform adoption, with only 17% of consumers active across Mobility and Delivery % of Gross Bookings % of trips % of active consumers¹ Uber I Investor Day 2022 34% 25% 12% Q4 '20 46% Q4 '19 1. Chart shows % of Gross Bookings, trips, and active consumers generated from cross-platform consumers. Active consumers are the number of unique consumers who completed a Mobility ride or received a Delivery order on our platform at least once in a given quarter. Cross-platform consumers completed at least one Mobility ride and received at least one Delivery order in a given quarter. 34% 17% Q4 '21 175#176Finance FINANCIAL MODEL Uber | Investor Day 2022 176#177Financial Framework Significant earnings power over the long term Long-term targets at IPO Segment Mobility Delivery TOTAL Uber I Investor Day 2022 Revenue take rate (% of GBs) 25% 15% ΝΑ X Adj. EBITDA (% of revenue) 45% 30% 25% Implied = Adjusted EBITDA (% of GBs) 11.25% 4.50% 7.00% We continue to expect Mobility and Delivery to generate over 10% and roughly 5% of Gross Bookings in EBITDA margins, respectively. 177#178Financial Framework Several of our largest markets are already operating above our long-term profitability targets F Mobility - Top 20 markets¹ Adj EBITDA as % of GBs (Q4 '21) Total Mobility Uber I Investor Day 2022 F 10% 1. "Top 20 Markets based on Gross Bookings in Q4 '21 for each segment. Delivery - Top 20 markets¹ Adj EBITDA as % of GBs (Q4 '21) Total Delivery 5% 178#179Financial Framework Strong unit economics in markets above long-term target margins Mobility¹ Delivery¹ Uber I Investor Day 2022 100% Gross Bookings 100% Gross Bookings -73% Driver Payments -82% Driver & Merchant Payments -4% Insurance & Payments -1% Insurance & Payments -2% Tech Infra, Support, and other variable costs -3% Tech Infra, Support, and other variable costs -5% Acquisition, retention and engagement -6% Acquisition, retention and engagement 15% Contribution 8% Contribution -2% Fixed costs -2% Fixed costs 13% Adjusted EBITDA 6% Adjusted EBITDA 1. The charts reflect aggregate Q4 '21 data for markets that were operating at or above the long-term target margins for the respective segment on a Q4 '21 basis and are a "Top 20 Market" based on Gross Bookings in Q4 '21 for each segment. 179#180Financial Framework Freight: Rapid growth + driving toward profitability Continue to strengthen our flywheel Cover shippers' logistics needs end-to-end Industry-leading automation and ops cost Lead EV and AV transition Uber | Investor Day 2022 Gross Bookings¹ Adjusted EBITDA Adj. EBITDA Adj EBITDA (% of GBs) 1. Includes contribution from the acquisition of Transplace which closed on November 12, 2021. $0.4B 2018 81% CAGR ($102M) -28.4% 2018 $2.1B 2021 -6.1% ($130M) 2021 FY2022 Outlook: EBITDA Profitable 180#181Financial Framework Next 3 years: Expect growth and profitability acceleration Gross Bookings 3-year CAGR Adjusted EBITDA (% of GB) Incremental Margin (Implied) Uber I Investor Day 2022 FY 2018 $58B -$1.8B -3.7% FY 2021 $90B 22% -$0.8B -0.9% ~3% FY 2024 (Expected) $165B to $175B 22% to 25% ~$5B ~3% ~7% Revenue growth expected to exceed Gross Bookings growth Committed to healthy profitability expansion, while opportunistically reinvesting excess profitability into longer-term growth initiatives 181#182Financial Framework Expect positive free cash flow by Q4 '22, with significant conversion by 2024 Free cash flow and Adjusted EBITDA FCF¹ Adjusted EBITDA -$2.1B Uber I Investor Day 2022 -$1.8B 2018 $1.2B -$4.9B -$2.7B 2019 -$3.4B -$2.5B 2020 -$0.8B i $1.0B² -$0.8B 2021 Significant FCF generation +$5.0B 2024 (Expected) 1. Free cash flow ("FCF") is defined as net cash used in operating activities less purchases of property and equipment., 2.2019 and 2021 FCF was impacted by -$1.2B and +$1.0B, respectively, as a result of significant cash impacts related to James River transactions represented by the dotted lines within the 2019 and 2021 FCF bars. 3. See "Non-GAAP" reconciliations in appendix for further details. 182#183Financial Framework Capital allocation framework Active and disciplined approach Prudent approach to funding growth Invest in attractive growth opportunities in markets where we are positioned to win Drive new initiatives that strengthen the consumer value proposition Balance investments across the platform and drive towards long-term targets Uber I Investor Day 2022 Disciplined approach to M&A and divestitures Leverage M&A to accelerate time to market and/or augment existing offerings Prioritize organic execution but remain opportunistic should an attractive M&A opportunity arise Rationalization of footprint where the long-term potential is not clear 1. Liquidity accessible through cash, short-term investments and revolver as of FY21. Balance sheet optimization and liquidity $6B+ of liquidity¹ and no debt maturing until 2025 Opportunistically monetize financial stakes Continually improve credit profile 183#184Financial Framework Delivering profitable growth Uber I Investor Day 2022 ↑ Growth at scale Expect 22-25% Gross Bookings CAGR through 2024 ll Expanding profitability Expect $5B in Adjusted EBITDA in 2024 e Disciplined capital allocation Investing to maximize cash flows to shareholders 184#185Uber What sets us apart Uber | Investor Day 2022 Leading position in massive TAMs Maintain leadership and deepen TAM penetration Platform creates significant value Cross platform adoption to significantly increase Exceptional growth and profitability Expect 22%-25% Gross Bookings CAGR (FY21-24), with faster revenue growth Expect $5B in 2024 Adjusted EBITDA, with significant FCF generation 185#186Non-GAAP Reconciliations Uber | Investor Day 2022 186#187Adjusted EBITDA Reconciliation (Unaudited) Adjusted EBITDA Add (deduct): Legal, tax, and regulatory reserve changes and settlements Driver appreciation award Payroll tax on IPO stock based compensation Goodwill and asset impairments/loss on sale of assets Restructuring and related charges (credits), net Mass arbitration fees for supporting Black-owned restaurants Legacy auto insurance transfer Gain (loss) on lease arrangement Acquisition, financing and divestitures related expenses Accelerated lease costs related to cease-use of ROU assets COVID-19 response initiatives Depreciation and amortization Stock-based compensation expense Other income (expense), net Interest expense Loss from equity method investments Benefit from (provision for) income taxes Net income (loss) attributable to non-controlling interest, net of tax Net income (loss) attributable to Uber Technologies, Inc. Uber I Investor Day 2022 Dec 31, 2018 ($1,847) (340) (237) 4 (15) (426) (172) 4,993 (648) (42) (283) 10 $997 Dec 31, 2019 Year Ended ($2,725) (353) (299) (86) (8) (57) (472) (4,596) 722 (559) (34) (45) 6 ($8,506) Dec 31, 2020 ($2,528) 35 (317) (362) 5 (86) (102) (106) (575) (827) (1,625) (458) (34) 192 20 ($6,768) Dec 31, 2021 ($774) (526) (157) (43) (103) (102) (5) (54) (902) (1,168) 3,292 (483) (37) 492 74 ($496) 187#188Adjusted EBITDA Reconciliation (Unaudited) Three Months Ended Dec 31, March 31, Adjusted EBITDA Add (deduct): Legal, tax, and regulatory reserve changes and settlements Driver appreciation award Payroll tax on IPO stock based compensation Goodwill and asset impairments/loss on sale of assets Restructuring and related charges (credits), net Mass arbitration fees for supporting Black-owned restaurants Legacy auto insurance transfer Gain (loss) on lease arrangement Acquisition, financing and divestitures related expenses Accelerated lease costs related to cease-use of ROU assets COVID-19 response initiatives Depreciation and amortization Stock-based compensation expense Other income (expense), net Interest expense Loss from equity method investments Benefit from (provision for) income taxes Net income (loss) attributable to non-controlling interest, net of tax Net income (loss) attributable to Uber Technologies, Inc. Uber I Investor Day 2022 March 31, 2020 ($612) (19) (193) (10) (24) (128) (277) (1,795) (118) (12) 242 10 ($2,936) June 30, 2020 ($837) (38) (16) (382) (7) (19) (48) (129) (131) (44) (110) (7) (4) (3) ($1,775) Sept 30, 2020 ($625) (76) 6 12 (14) (80) (18) (138) (183) 151 (112) (8) (23) 19 ($1,089) 2020 ($454) 92 (32) 14 (43) (22) (16) (180) (236) 63 (118) (7) (23) (6) ($968) 2021 ($359) (551) (57) (36) (2) (26) (212) (281) 1,710 (115) (8) (185) 14 ($108) June 30, 2021 ($509) (140) (26) (15) (226) (272) 1,943 (115) (7) 479 32 $1,144 Sept 30, 2021 $8 98 (43) (103) (23) (10) (218) (281) (1,832) (123) (13) 101 15 ($2,424) Dec 31, 2021 $86 67 (100) 1 (17) (3) (3) (246) (334) 1,471 (130) (9) 97 13 $892 188#189Free Cash Flow Reconciliation (Unaudited) Net cash used in operating activities Purchases of property and equipment Free cash flow Uber I Investor Day 2022 Year Ended December 31 2018 -$1,541 -$558 ($2,099) 2019 -$4,321 -$588 ($4,909) 2020 -$2,745 -$616 ($3,361) 2021 -$445 -$298 ($743) 189