#1Uber Acquisition of Transplace July 22, 2021 Uber O#2Forward Looking Statements This communication contains forward-looking statements regarding Uber Freight Holding Corporation ("Freight," "we" or "our") future business expectations which involve risks and uncertainties. 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: risks and uncertainties related to our pending acquisition of Transplace, including the failure to obtain, or delays in obtaining, required regulatory approvals, any reverse termination fee that may be payable by us in connection with any failure to obtain regulatory approvals, the risk that such approvals may result in the imposition of conditions that could adversely affect us or the expected benefits of the proposed transaction, or the failure to satisfy any of the closing conditions to the proposed transaction on a timely basis or at all; costs, expenses or difficulties related to the acquisition of Transplace, including the integration of the Transplace business; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; failure to accelerate Freight's profitability in the expected timeframes or at all; the potential impact of the announcement, pendency or consummation of the proposed transaction on relationships with our and/or Transplace's employees, customers, suppliers and other business partners; the risk of litigation or regulatory actions to us and/or Transplace; inability to retain key personnel; changes in legislation or government regulations affecting us or Transplace; developments in the COVID-19 pandemic and resulting business and operational impacts on us and/or Transplace; and economic financial, social or political conditions that could adversely affect us, Transplace or the proposed transaction. All information provided in this communication is as of the date of this communication and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable, and information available to us, as of such date. We undertake no duty to update this information unless required by law. The forward-looking statements in this communication may also relate to the business and expectations of Freight's parent company, Uber Technologies, Inc.'s ("Uber"). In addition to the risks related to the proposed transaction and the business of Freight and/or Transplace, for additional information on other potential risks and uncertainties that could cause actual results of Uber to differ from the results predicted, please see its Annual Report on Form 10-K for the year ended December 31, 2020 and subsequent Form 10-Qs and Form 8-Ks filed with the Securities and Exchange Commission (the "SEC"). Uber undertakes no duty to update this information unless required by law. 2#3Contents 01 Transaction Overview 02 Strategic Rationale 3#4Transaction Overview 4#5The Transaction Uber Freight to acquire Transplace, a leading provider of advanced logistics technology and solutions, powering one of the largest managed transportation and logistics networks in the world. Transaction Financial Impact Timing & Approvals Uber Freight to Aquire Transplace for $2.25B $1.5B in cash expected to be financed by bond issuance prior to closing $750M in Uber stock valued based on 10-day VWAP pre-close Post this transaction, all of Uber's segments - Mobility, Delivery, and Freight - are expected to generate sustained positive Adjusted EBITDA • We expect the acquisition to accelerate Uber Freight's timeline to Adjusted EBITDA breakeven to Q4 2022 • Transplace is EBITDA Profitable and is expected to generate $100M+ in 2021 ● • Significant additional net run-rate synergies of $40M+, expected to be realized 12-24 months from transaction close The transaction is subject to customary closing conditions including applicable regulatory approvals. The transaction is expected to close later this year or in H1 2022 Transplace EBITDA is defined as Net Income (loss) before interest, taxes, depreciation, and amortization 5#6Uber Freight: Disrupting the freight industry Rapid progression driven by: Leading service + innovative real-time demand channels driving strong adoption Largest, most efficient and cost effective digital Carrier network Industry leading operating costs US and Canada only Revenue ($ in millions) 106% CAGR 2017-2021 $67 2017 $995 2020 $1,205 Q1 2021 Run-Rate EBITDA (% of revenue) (60%) 2017 (22%) (10%) 50pp improvement 2020 2017-2021 Q1 2021 6#7Transplace: technology A leading provider of logistics and solutions globally Business Description Transplace is a leading provider of Managed Transportation solutions Founded in 2000 and headquartered in Frisco, TX • 3,100 employees across North America & Europe Transplace provides shippers with comprehensive technology and support to manage their logistics needs end-to-end Managed transportation services involve supply chain design and working across the industry to facilitate shipment movement of trucks, trains and other modes of transport 7#8Transplace: Track record of sustainable growth and profitability Revenue 2017 15% CAGR 2017-2021 2020 2021F Transplace EBITDA is defined as Net Income (loss) before interest, taxes, depreciation, and amortization EBITDA ($ in millions) $54 2017 18% CAGR 2017-2021 $77 2020 $100M+ 2021F 8#9What is Managed Transportation (MT)? Shippers may partially or fully outsource their logistics to MT providers who manage the shippers' end-to-end needs Shippers Shippers need complex management of their entire supply chain MT TRANSPLACE MT providers manage the full end-to-end logistics needs for a shipper, working with brokers or directly with carriers to fulfill Other traditional / digital freight brokers Uber Freight 3PL Third party logistics (3PL) match shippers with carriers for specific loads or contracted lanes and manage execution of freight movement for the shipper or MT provider Carriers Carriers move loads from point A to B 9#10Strategic Rationale 10#11Strategic Rationale 01 Logistics industry is going through a historic transformation as capacity constraints and increasing supply chain complexity cause shippers to increase their reliance on technology solutions and support that can streamline their businesses and keep critical goods, and the economy, moving 02 Complementary businesses delivering innovative technology solutions with customer-first focus across wider breadth of offerings 03 Transaction creates the industry's leading Freight Technology Operating System, enabling a comprehensive end-to-end shipper-to-carrier solution, unlocking new levels of efficiency and service 11#12Strategic Rationale 01 Logistics industry is going through a historic transformation 12#13Strategic Rationale 01 Capacity constraints and climbing transportation costs forcing shippers to adapt their operations $4T¹ Global freight TAM globally World is run by trucks 6%² Estimated transportation spend CAGR through '24 US trucking costs rising faster than GDP 1. Armstrong & Associates, Inc., "Third-Party Logistics Market Results And Trends for 2016" (2016) 2. AT Kearney Analysis. 3. Armstrong & Associates (DTM only) 2 14%² Estimated MT Fees CAGR through '24 11%³ 3PL outsourcing CAGR through last 20 years Shippers are accelerating their adoption of technology and outsourced logistics 13#14Strategic Rationale 02 Innovative technology, customer-first focus, wide breadth of offerings 14#15Strategic Rationale 02 Managed Transportation software platform provides sophisticated supply chain planning, optimization and day-to-day execution through an integrated, user-friendly cloud deployment Logistics Planning • Mode optimization Intelligent carrier assignment • Scenario planning Shipment Visibility ervice Prediction ● ● Real time visibility Transplace Platform MT Optimization • Continuous moves • LTL pooling • Lanehub Workflow Integration Claims management • Invoicing & Payments Other customer ERPs ● Analytics Think Tank real-time reporting to measure Rol 15#16Strategic Rationale 02 Customer-first solutions → strong business fundamentals Working across 1,700 customers reckitt EATON F) Tyson COLGATE-PALMOLIVE D-BASF Del Monte Quality Highly engaged with recurring revenue Gross Retention (2020) 96% Avg MT Customer Tenure ~8-9 years Avg MT Contract Length ~3-5 years 1. FUM: Freight Under Management, which represents the dollar amount of freight managed by a MT provider on behalf of their shipper clients Growing FUM ¹ (FUM in $B) 7 2018 19% CAGR 2019 13 2020 15 2021 16#17Strategic Rationale 02 Scaled logistics platform Large carrier network Access to 30K+ Carriers Geographies | Diversified lines of business Managed Transportation • Brokerage Intermodal Customs ● ● ● 17#18Strategic Rationale 03 Industry-leading Freight Operating System creates value for shippers and carriers 18#19Strategic Rationale 03 Shippers Carriers Transplace Managed Transportation Transplace Platform provides holistic understanding of shippers' network Limited carrier management systems and procurement capabilities Uber Freight Brokerage Limited integration /view into shippers' network and needs Digital carrier network optimized for visibility, efficiency, and reliability on every load Transplace + Uber Freight End-to-End logistics Platform Transparent digital solution that serves the breadth of shipper needs at leading costs, service, and reliability Efficient marketplace that provides greater flexibility and more earning opportunities for carriers 19#20Strategic Rationale 03 The Uber brand further fuels MT growth Uber Leading Global transportation brand Uber Freight Leading Carrier brand in the industry¹ Transplace's complementary offerings broaden the combined company's services Adding / scaling below services and capabilities: • Intermodal • Customs Mexico (Intra and X-border) • Canada (Intra and X-border) • Refrigerated • Flatbed • Drop-trailer » Less-than-truckload 1. Survey, carriers were asked "How likely would you be to use services from each of the following companies in the future? Rate on a scale of 0 to 10 (0=not likely at all, 10=very likely) Uber Freight's leading marketplace technology improves efficiency while increasing transparency and reliability for users 9:41 M Q Today $400 5 mi ■ T 29 $400 Q Book 30 Book T 31 All Loads Near You deadhead Houston, TX Jan 17, 10:30 CST San Antonio, TX Jan 18, 15:00 CST deadhead Houston, TX Jan 17, 10:30 CST F 1 Like loads you've previously hauled H My Loads S 2 .... Sort: Deadhead S Van/Reefer 48.5k lbs 206 mi total Drivers Van/Reefer 48.5k lbs 206 mi total : Account 20