#1Uber Technologies, Inc. Q4 2022 Earnings Supplemental Data February 8, 2023#2Non-GAAP Financial Measures Disclosure 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; Non-GAAP Costs and Operating Expenses; Revenue Excluding UK Accrual; Mobility Revenue Excluding UK Accrual; Delivery business model change impact on Cost of Revenue; Mobility business model change impact on Cost of Revenue; Free Cash Flow; as well as revenue growth rates in constant currency. 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 measures 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 deck. In regards to forward looking non-GAAP guidance provided on our Q4 2022 earnings release and call, 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. 2#3Forward Looking Statements This presentation contains forward-looking statements regarding 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: competition, managing our growth and corporate culture, financial performance, investments in new products or offerings, our ability to attract drivers, consumers and other partners to our platform, our brand and reputation, other legal and regulatory developments, particularly with respect to our relationships with drivers and couriers, and the impact of the global economy, including rising inflation and interest rates. 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 quarterly report on Form 10-Q for the quarter ended September 30, 2022 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. 3#4Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q4 2022 Earnings 4#5Platform Highlights 181 Uber Membership Members nearly doubled in 2022 to ~12 million • Uber One ★ Launched Uber One in Chile, France, Japan, Spain, and Taiwan Q4 2022 Earnings Monthly actives at all-time highs 131 million MAPCS 5.4 million drivers and couriers Uber is increasingly the platform of choice for consumers and earners globally Advertising Advertising revenue run-rate now exceeds $500 million Confirming your ride 8:15 am dropoff Coca-Cola G ME ¡OMAA Play and save with Coke Play and get $10 off exclusively for Uber One San Francisco International.. 8:15 am dropoff Ad Add or change 4:56 1 5 min away Silver Honda Civic 3M53AF2 Complete the word and fill up your Coca-Cola bottle! E Expanded Uber Journey Ads, now available in eight markets. In addition, launched US in-car tablet pilot 5#6Mobility posted its strongest quarter ever with monthly active consumers and drivers at all-time highs Uber Dec '19 Feb '20 Q4 2022 Earnings Apr '20 Jun '20 Aug '20 Oct '20 Dec '20 Feb '21 Apr '21 Jun '21 Aug Oct '21 '21 Dec '21 Feb '22 Monthly active drivers Monthly active riders Note 1: Monthly active drivers defined as the number of unique drivers who completed a Mobility ride on our platform at least once in a given month. Note 2: Monthly active riders defined as the number of unique consumers who completed a Mobility or New Mobility ride on our platform at least once in a given month. Note 3: Monthly supply hours defined as the cumulative number of eligible driver hours during the month, on the Mobility app. Note 4: Monthly active drivers, riders and supply hours indexed to December 2019 levels. Note 5: Figures are on a global basis. Monthly supply hours Apr Jun $22 '22 Aug '22 Oct '22 Dec '22 6#7Ridesharing penetration still low, even in our largest markets Ridesharing penetration in several large markets now exceeds pre-pandemic levels, while the US continues to recover Q4 2022 Average weekly active consumer penetration Uber 8.8% 1.6% Brazil Q4 2022 Earnings 7.2% 0.7% Australia 4.7% 0.7% United Kingdom 4.1% 0.9% Canada 3.7% -0.3% Mexico 3.7% Weekly penetration Note 1: Weekly active consumers are consumers who took at least one Mobility trip in a given week. Note 2: Weekly penetration defined as average weekly active users divided by the total population over the age of 18. Note 3: Population data sourced from the World Bank. -0.2% United States vs. Q4'19 (pp) 1.2% -0.1% France We are balancing strong profitability expansion in Mobility with investments in new products that deepen consumer adoption over time. Mobility's portfolio of new products is now at a ~$6B Gross Bookings run-rate, up over 100% YoY. 0.9% 0.4% Spain 0.5% 0% India 0.3% ● 0.1% Germany 7#8Delivery growth remains steady as profitability continues to ramp Gross Bookings Adjusted EBITDA and Adjusted EBITDA Margin Uber Q4 2022 Earnings 142% YOY (1.6%) Q4 '20 Q4 '20 115% YoY (1.3%) 42% YoY 0.2% US&C Q4 '21 Q4 '21 25% YOY 0.1% Rest of World ("ROW") 14% YOY 1.6% Q4 '22 Q4 '22 15% YoY 1.8% Note 1: Growth rates are year-over-year, on a constant-currency basis. Note 2: US&C Delivery Gross Bookings growth includes M&A impacts, including the Postmates acquisition which closed 12/1/20, and the Drizly acquisition, which closed 10/13/21. Note 3: ROW Delivery Gross Bookings growth includes M&A and market exit impacts, including various market exits in 2020, the Cornershop acquisition which closed 8/10/21, and Uber Eats' exit from Brazil on 3/7/22. Note 4: Adjusted EBITDA Margin is as a % of Gross Bookings. Note 5: See Non-GAAP Reconciliations for reconciliation of non-GAAP measures. 8#9Approaching GAAP operating profitability in 2023, with increasing operating leverage We grew quarterly Gross Bookings by $12.6 billion, while adding only $0.2 billion to GAAP operating costs (Q4'19 to Q4'22) $3.0 billion GAAP Operating Expenses as a Percentage of Gross Bookings Uber 16.6% 3.6% 3.4% 6.9% 2.8% Q4'19 Operations & Support Q4 2022 Earnings 14.1% 3.1% 2.8% 6.1% 2.2% Q4'20 Sales & Marketing 11.5% 2.4% 2.2% 4.9% 2.1% Q4'21 Research & Development 10.5% 2.4% 2.4% 3.6% 2.0% $3.2 billion Q4'22 General & Administrative Note 1: Operating Margin is calculated as GAAP Operating Income as a percentage of Gross Bookings. We will maintain our focus on efficiency, and expect to reach quarterly GAAP operating income profitability in 2023 GAAP Operating Loss and Operating Margin $ In Millions (5.4%) ($971) Q4'19 (5.1%) ($877) Q4'20 (2.1%) ($550) Q4'21 (0.5%) ($142) Q4'22 9#10Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q4 2022 Earnings 10#11Operating Metrics In Millions MAPCS Trips Monthly Trips / MAPC Uber Q4 2022 Earnings 118 Q4 2021 1,769 Q4 2021 5.0 115 Q1 2022 1,713 Q1 2022 5.0 122 Q2 2022 Q3 2022 1,872 Q2 2022 124 5.1 1,953 Q3 2022 5.3 131 Q4 2022 2,104 Q4 2022 5.4 +11% MAPCS Growth YoY +19% Trips Growth YoY Note 1: MAPCs is the number of unique consumers who completed a Mobility ride or received a Delivery order on our platform at least once in a given month, averaged over each month in the quarter. Note 2: We define Trips as the number of completed consumer Mobility rides and Delivery orders in a given period. 11#12Gross Bookings $ in Millions $25,866 Q4 2021 51% 50% Uber Q4 2022 Earnings $26,449 Q1 2022 35% 39% $29,078 Q2 2022 33% 36% $29,119 Q3 2022 26% 32% $30,749 Q4 2022 19% 26% +26% Gross Bookings Constant Currency Growth YoY % Growth YoY % Constant Currency Growth YoY Note 1: We define Gross Bookings as the total dollar value, including any applicable taxes, tolls, and fees, of Mobility rides, Delivery orders, and amounts paid by Freight shippers, in each case without any adjustment for consumer discounts and refunds, Driver and Merchant earnings, and Driver incentives. Gross Bookings do not include tips earned by Drivers. Note 2: "% Constant Currency Growth YoY" is calculated by translating our current period financial results using the corresponding prior period's monthly exchange rates for our transacted currencies other than the U.S. dollar. Note 3: Since Q4 2021, Gross Bookings includes contributions from the acquisition of Transplace which closed on November 12, 2021. 12#13Revenue $ in Millions $5,778 Q4 2021 83% 82% Uber Q4 2022 Earnings $6,854 Q1 2022 136% 141% $8,073 Q2 2022 105% 111% $8,343 Q3 2022 72% 81% $8,607 Q4 2022 49% 59% % Growth YoY Note 2: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 3: Since Q4 2021, Revenue includes contributions from the acquisition of Transplace which closed on November 12, 2021 % Constant Currency Growth YoY Note 1: a) Q4'21 Revenue includes a $567 million net benefit related to Delivery business model changes in select markets and a UK accrual release relating to the classification of drivers. b) Q1'22 Revenue includes a $754 million net benefit related to business model changes in select markets across Mobility and Delivery. c) Q2'22 Revenue includes a $1.7 billion net benefit related to business model changes in select markets across Mobility and Delivery and a UK accrual relating to the classification of drivers. d) Q3'22 Revenue includes a $1.7 billion net benefit related to business model changes in select markets across Mobility and Delivery. e) Q4'22 Revenue includes a $1.9 billion net benefit related to business model changes in select markets across Mobility and Delivery. 13#14Adjusted EBITDA $ in Millions 0.3% $86 Q4 2021 Uber Q4 2022 Earnings 0.6% $168 Q1 2022 1.3% $364 Q2 2022 1.8% $516 Q3 2022 2.2% $665 Q4 2022 +$579M YoY improvement in Adjusted EBITDA Adjusted EBITDA Margin as a % of Gross Bookings Note 1: We define Adjusted EBITDA as net income (loss), excluding (i) income (loss) from discontinued operations, net of income taxes, (ii) net income (loss) attributable to non-controlling interests, net of tax, (iii) provision for (benefit from) income taxes, (iv) income (loss) from equity method investments, (v) interest expense, (vi) other income (expense), net, (vii) depreciation and amortization, (viii) stock-based compensation expense, (ix) certain legal, tax, and regulatory reserve changes and settlements, (x) goodwill and asset impairments/loss on sale of assets, (xi) acquisition and financing related expenses, (xii) restructuring and related charges and (xiii) other items not indicative of our ongoing operating performance, including COVID-19 response initiatives related payments for financial assistance to Drivers personally impacted by COVID-19, the cost of personal protective equipment distributed to Drivers, Driver reimbursement for their cost of purchasing personal protective equipment, the costs related to free rides and food deliveries to healthcare workers, seniors, and others in need as well as charitable donations. Note 2: We define Adjusted EBITDA margin as a percentage of Gross Bookings as Adjusted EBITDA divided by Gross Bookings. Note 3: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. 14#15Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q4 2022 Earnings 15#16Mobility Highlights $ in Millions Gross Bookings % Constant Currency Growth YoY Revenue % Constant Currency Growth YoY Adjusted EBITDA Uber Q4 2022 Earnings $11,340 67% 20.1% $2,278 54% 5.1% $575 Q4 2021 $10,723 62% 23.5% $2,518 201% 5.8% $618 Q1 2022 $13,364 57% 26.6% $3,553 126% 5.8% $771 Q2 2022 $13,684 45% Note 2: Take Rate is defined as Revenue as a percentage of Gross Bookings. Note 3: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 4: All measures are for Mobility segment unless otherwise noted. 27.9% $3,822 83% 6.6% $898 Q3 2022 Note 1: a) Q4'21 Revenue includes the benefit of a $19 million UK accrual release relating to the classification of drivers. b) Q1'22 Revenue includes the benefit of $200 million as a result of business model changes in the UK. $14,894 37% 27.8% $4,136 94% 6.8% $1,012 Q4 2022 c) Q2'22 Revenue includes the net benefit of $983 million as a result of business model changes in the UK and a UK accrual relating to the classification of drivers. d) Q3'22 Revenue includes the benefit of $1.1 billion as a result of business model changes in the UK. e) Q4'22 Revenue includes the benefit of $1.2 billion as a result of business model changes in the UK. +$437M YoY improvement in Adjusted EBITDA Revenue: Take Rate Adjusted EBITDA: Segment Adjusted EBITDA Margin as a % of Gross Bookings 16#17Delivery Highlights $ in Millions Gross Bookings % Constant Currency Growth YoY Revenue % Constant Currency Growth YoY Adjusted EBITDA Uber Q4 2022 Earnings $13,444 33% 18.0% $2,420 77% 0.2% O $25 Q4 2021 $13,903 15% 18.1% $2,512 49% 0.2% $30 Q1 2022 $13,876 12% 19.4% $2,688 43% 0.7% $99 Q2 2022 Note 1: Take Rate is defined as Revenue as a percentage of Gross Bookings. Note 2: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. $13,684 13% 20.2% $2,770 33% 1.3% $181 Q3 2022 $14,315 14% 20.5% $2,931 33% 1.7% $241 Q4 2022 +$216M YoY improvement in Adjusted EBITDA Revenue: Take Rate Adjusted EBITDA: Segment Adjusted EBITDA Margin as a % of Gross Bookings Note 3: All measures are for Delivery segment unless otherwise noted. Note 4: Revenue amounts for each quarter reported on this page include a $548 million, $554 million, $711 million, $683 million, and $686 million net benefit related to Delivery business model changes in select markets for Q4'21, Q1'22, Q2'22, Q3'22, and Q4'22 respectively. 17#18Freight Highlights $ in Millions Revenue % Constant Currency Growth YoY Adjusted EBITDA Uber Q4 2022 Earnings $1,080 245% ($25) (2.3%) Q4 2021 $1,824 506% $2 0.1% Q1 2022 $1,832 427% $5 0.3% Q2 2022 Note 1: See Non-GAAP reconciliations for reconciliation of non-GAAP measures. Note 2: All measures are for Freight segment unless otherwise noted. $1,751 336% $1 0.1% Q3 2022 $1,540 43% ($8) (0.5%) Q4 2022 +$17M YoY improvement in Adjusted EBITDA Revenue includes contributions from the acquisition of Transplace which closed on November 12, 2021 Adjusted EBITDA: Segment Adjusted EBITDA Margin as a % of Revenue 18#19Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q4 2022 Earnings 19#20Condensed Consolidated Statements of Operations (Unaudited) $ in Millions, except share amounts, which are in thousands, and per share amounts Uber Q4 2022 Earnings Revenue Costs and expenses Cost of revenue, exclusive of depreciation and amortization shown separately below Operations and support Sales and marketing Research and development General and administrative Depreciation and amortization Total costs and expenses Loss from operations Interest expense Other income (expense), net Income (loss) before income taxes and income (loss) from equity method investments Provision for (benefit from) income taxes Income (loss) from equity method investments Net income (loss) including non-controlling interests Less: net income (loss) attributable to non-controlling interests, net of tax Net income (loss) attributable to Uber Technologies, Inc. Net income (loss) per share attributable to Uber Technologies, Inc. common stockholders: Basic Diluted Weighted-average shares used to compute net income (loss) per share attributable to common stockholders: Basic Diluted Three Months Ended Dec 31, 2021 $5,778 3,104 547 1,262 558 611 246 $6,328 ($550) (130) 1,471 791 (97) (9) 879 (13) $892 $0.46 $0.44 1,936,736 2,005,591 2022 $8,607 5,307 605 1,122 747 745 223 $8,749 ($142) (151) 767 474 (84) 42 600 5 $595 $0.30 $0.29 1,994,800 2,060,575 Year Ended December 31, 2021 $17,455 9,351 1,877 4,789 2,054 2,316 902 $21,289 ($3,834) (483) 3,292 (1,025) (492) (37) (570) (74) ($496) ($0.26) ($0.29) 1,892,546 1,865,519 2022 $31,877 19,659 2,413 4,756 2,798 3,136 947 $33,709 ($1,832) (565) (7,029) (9,426) (181) 107 (9,138) 3 ($9,141) ($4.64) ($4.65) 1,972,131 1,974,928 20#21Condensed Consolidated Balance Sheets (Unaudited) $ in Millions Uber Q4 2022 Earnings Assets Cash and cash equivalents Short-term investments Restricted cash and cash equivalents Accounts receivable, net Prepaid expenses and other current assets Total current assets Restricted cash and cash equivalents Restricted investments Investments Equity method investments Property and equipment, net Operating lease right-of-use assets Intangible assets, net Goodwill Other assets Total assets As of December 31, 2021 $4,295 631 2,439 1,454 $8,819 2,879 11,806 800 1,853 1,388 2,412 8,420 397 $38,774 As of December 31, 2022 $4,208 103 680 2,779 1,479 $9,249 1,789 1,614 4,401 870 2,082 1,449 1,874 8,263 518 $32,109 21#22Continued: Condensed Consolidated Balance Sheets (Unaudited) $ in Millions Uber Q4 2022 Earnings Liabilities, redeemable non-controlling interests and equity Accounts payable Short-term insurance reserves Operating lease liabilities, current Accrued and other current liabilities Total current liabilities Long-term insurance reserves Long-term debt, net of current portion Operating lease liabilities, non-current Other long-term liabilities Total liabilities Redeemable non-controlling interests Equity Common stock Additional paid-in capital Accumulated other comprehensive loss Accumulated deficit Total Uber Technologies, Inc. stockholders' equity Non-redeemable non-controlling interests Total equity Total liabilities, redeemable non-controlling interests and equity As of December 31, 2021 $860 1,442 185 6,537 $9,024 2,546 9,276 1,644 935 $23,425 204 38,608 (524) (23,626) $14,458 687 $15,145 $38,774 As of December 31, 2022 $728 1,692 201 6,232 $8,853 3,028 9,265 1,673 786 $23,605 430 40,550 (443) (32,767) $7,340 734 $8,074 $32,109 22#23Summary of liquidity position and equity stakes Liquidity Position Uber Q4 2022 Earnings $4.3B Unrestricted cash, cash equivalents, and short-term investments Equity Stakes (Carrying value) Other Joby Aurora Grab Didi $5.2B $1.2B $0.1B $0.4B $1.7B $1.8B Uber's Ownership Position DiDi Grab Aurora JOBYⓇ Lime Note 1: Liquidity position excluding revolver. Undrawn revolver provides an additional liquidity of $2.0B, net of letters of credit. As of December 31, 2022, Uber's long-term debt was roughly $9.3 billion. Note 2: All equity stakes and dollar ownership amounts based on carrying value as of December 31, 2022, which may be different than potential market transaction values. Note 3: As of December 31, 2022, Uber owns approximately 536M shares of Grab, 301M shares of Aurora, 26M shares of Joby, and 144M ordinary shares of Didi (each ADS listed in the OTC market represents 0.25 ordinary shares). Note 4: Ownership stake percentages as of December 31, 2022 and based on a fully diluted basis. ~11% ~14% ~26% ~4% ~31% 23#24Condensed Consolidated Statements of Cash Flows (Unaudited) $ in Millions Uber Q4 2022 Earnings Three Months Ended December 31, Cash flows from operating activities Net income (loss) including non-controlling interests Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Depreciation and amortization Bad debt expense Stock-based compensation Gain from sale of investments Gain on business divestitures, net Deferred income taxes Impairments of goodwill, long-lived assets and other assets Impairment of equity method investment Loss (income) from equity method investments, net Unrealized (gain) loss on debt and equity securities, net Revaluation of MLU B.V. call option Unrealized foreign currency transactions Other Change in assets and liabilities, net of impact of business acquisitions and disposals: Accounts receivable Prepaid expenses and other assets Collateral held by insurer Operating lease right-of-use assets Accounts payable Accrued insurance reserves Accrued expenses and other liabilities Operating lease liabilities Net cash provided by (used in) operating activities | 2021 $879 246 34 334 (242) (210) 100 9 (1,198) 26 (46) (243) (7) 1986 49 19 26 177 (60) ($107) | 2022 $600 223 38 482 (190) 13 (42) (752) (11) 71 (12) (323) (139) 51 (53) 251 (405) (46) ($244) Year Ended December 31, 2021 ($570) 902 109 1.168 (413) (1,684) (692) 116 37 (1,142) 38 4 (597) (236) 860 165 90 516 1,068 (184) ($445) 2022 ($9,138) 947 114 1,793 (14) (441) 28 182 (107) 7,045 (191) 96 (7) (542) (196) 193 (133) 736 492 (215) $642 24#25Continued: Condensed Consolidated Statements of Cash Flows (Unaudited) $ in Millions Uber Q4 2022 Earnings Cash flows from investing activities Purchases of property and equipment Purchases of non-marketable equity securities Purchases of marketable securities Proceeds from maturities and sales of marketable securities Proceeds from sale of non-marketable equity securities Proceeds from sale of equity method investments and grant of related call option Proceeds from business diverstiture, net of cash divested Acquisition of businesses, net of cash acquired Purchase of notes receivable Other investing activities Net cash used in investing activities Cash flows from financing activities Three Months Ended December 31, Proceeds from issuance and sale of subsidiary stock units Proceeds from the issuance of common stock under the Employee Stock Purchase Plan Issuance of term loan and notes, net of issuance costs Principal repayment on term loan and notes Principal repayment on Careem Notes Principal payments on finance leases Other financing activities Net cash provided by (used in) financing activities Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents Cash and cash equivalents, and restricted cash and cash equivalents Beginning of period Reclassification from assets held for sale during the period End of period | 2021 (80) (125) 200 (2,203) (55) (5) ($2,268) 550 40 (27) (113) (60) 24 $414 (24) (1,985) 9,790 $7,805 | 2022 (59) (1,708) (2) ($1,769) 33 (80) (37) (5) ($89) 145 (1,957) 8,634 $6,677 Year Ended December 31, 2021 (298) (982) (1,113) 2,291 500 1,000 (2,314) (297) 12 ($1,201) 675 107 1,484 (27) (307) (226) 74 $1,780 (69) 65 7,391 349 $7,805 2022 (252) (14) (1,708) 376 26 (59) (6) ($1,637) 255 92 (80) (184) (68) $15 (148) (1,128) 7,805 $6,677 25#26Platform and Business Highlights Financial and Operational Highlights Segment Details Condensed Consolidated Financials Non-GAAP Reconciliations Uber Q4 2022 Earnings 26#27Adjusted EBITDA Reconciliation (Unaudited) $ in Millions Mobility Delivery Freight Corporate G&A and Platform R&D Adjusted EBITDA Add (deduct): Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairments/loss on sale of assets Restructuring and related charges Mass arbitration fees, net Loss on lease arrangements, net 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 Income (loss) from equity method investments (Provision for) benefit from income taxes Net (income) loss attributable to non-controlling interest, net of tax Net income (loss) attributable to Uber Technologies, Inc. Uber Q4 2022 Earnings Dec 31, '21 $575 25 (25) (489) $86 67 (100) (17) (3) (3) (246) (334) 1,471 (130) (9) 97 13 $892 Mar 31, '22 $618 30 2 (482) $168 (13) (2) (7) (14) (1) (254) (359) (5,557) (129) 18 232 (12) ($5,930) Three Months Ended Jun 30, '22 $771 99 5 (511) $364 (368) (4) 14 (6) (243) (470) (1,704) (139) 17 (77) 15 ($2,601) Sep 30, '22 $898 181 1 (564) $516 (283) (19) (227) (482) (535) (146) 30 (58) (2) ($1,206) Dec 31, '22 $1,012 241 (8) (580) $665 (81) (8) (7) (6) (223) (482) 767 (151) 42 84 (5) $595 27#28Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in Millions Revenue GAAP Cost of Revenue, excluding D&A COVID-19 response initiatives Acquisition, financing, and divestitures related expenses Non-GAAP Cost of Revenue Non-GAAP Operating Expenses GAAP Operations and support Restructuring and related charges Goodwill and asset impairment/loss on sale of assets Acquisition, financing and divestitures related expenses Stock-based compensation Non-GAAP Operations and support Uber Q4 2022 Earnings Dec 31, '21 $5,778 3,104 (1) 4 $3,107 $547 (4) (3) (31) $509 Mar 31, '22 $6,854 4,026 (1) $4,025 $574 (2) (1) (33) $538 Three Months Ended Jun 30, '22 $8,073 5,153 $5,153 $617 (40) $577 Sep 30, '22 $8,343 5,173 (5) $5,168 $617 (41) $576 Dec 31, '22 $8,607 5,307 $5,307 $605 (1) (40) $564 Note 1: Quarterly trends for cost of revenue are not directly comparable due to the classification of certain Delivery and Mobility payments and incentives as cost of revenue attributable to business model changes in some countries. Cost of revenue also includes contributions from the acquisition of Transplace which closed on November 15, 2021. 28#29Continued: Non-GAAP Costs and Operating Expenses Reconciliations (Unaudited) $ in Millions GAAP Sales and marketing Stock-based compensation Non-GAAP Sales and marketing GAAP Research and Acquisition, financing and divestitures related expenses Goodwill and asset impairment/loss on sale of assets Stock-based compensation Non-GAAP Research and development GAAP General and administrative ent Legal, tax, and regulatory reserve changes and settlements Goodwill and asset impairment/loss on sale of assets Loss on lease arrangements, net Acquisition, financing, and divestitures related expenses Accelerated lease costs related to cease-use of ROU asssets Mass arbitration fees Stock-based compensation Non-GAAP General and administrative Uber Q4 2022 Earnings Dec 31 '21 $1,262 (24) $1,238 $558 (1) (10) (180) $367 $611 67 (86) (17) (3) (99) $473 Mar 31'22 $1,263 (22) $1,241 $587 (196) $391 $632 (13) (7) (12) (108) $492 Three Months Ended Jun 30'22 $1,218 (28) $1,190 $704 (277) $427 $851 (271) (4) (6) 14 (125) $459 Sep 30'22 $1,153 (26) $1,127 $760 (292) $468 $908 (283) (14) (123) $488 Dec 31'22 $1,122 (26) $1,096 $747 (295) $452 $745 (81) (8) (6) (6) (121) $523 29#30Revenue Excluding UK Accrual Reconciliations $ in Millions Revenue Excluding UK Accrual reconciliation Revenue Add back: UK Accrual Revenue Excluding UK Accrual Mobility Revenue Excluding UK Accrual reconciliation Mobility Revenue Add back: UK Accrual Mobility Revenue Excluding UK Accrual Uber Q4 2022 Earnings Dec 31 '21 5,778 (19) $5,759 Dec 31'21 2,278 (19) $2,259 Mar 31'22 6,854 $6,854 Mar 31 '22 2,518 $2,518 Three Months Ended Jun 30'22 8,073 97 $8,170 Three Months Ended Jun 30'22 3,553 97 $3,650 Sep 30 ¹22 8,343 $8,343 Sep 30'22 3,822 $3,822 Dec 31 '22 8,607 $8,607 Dec 31'22 4,136 $4,136 30#31Business model change impact on Cost of Revenue $ in Millions Non-GAAP Cost of Revenue Delivery business model change impact* Mobility business model change impact* Non-GAAP Cost of Revenue (% of Gross Bookings) Non-GAAP Cost of Revenue (excl. business model change impacts, % of Gross Bookings) Uber Q4 2022 Earnings Dec 31'21 $3107 $726 $0 12.0% 9.2% Mar 31 '22 $4,025 $740 $160 15.2% 11.8% Three Months Ended Jun 30'22 $5,153 $942 $831 17.7% 11.6% Note 1: Delivery business model changes in some countries resulted in the classification of certain Delivery payments and incentives as Cost of Revenue. Note 2: Mobility business model change in the UK resulted in the classification of certain Mobility payments and incentives as Cost of Revenue. Sep 30 ¹22 $5,168 $1,010 $804 17.7% 11.5% Dec 31'22 $5,307 $1,116 $896 17.3% 10.7% Note 3: The impacts to Cost of Revenue due to business model changes shown here only reflect the portion that impacted Cost of Revenue for the Delivery and Mobility segments. Delivery and Mobility business model changes also resulted in impacts to other financial statement line items but are not shown here. 31#32Free Cash Flow Reconciliation $ in Millions Free Cash Flow reconciliation: Net cash provided by (used in) operating activities Purchases of property and equipment Free Cash Flow Free Cash Flow, excluding HMRC VAT claims settlement: Add: HMRC VAT claims settlement Free Cash Flow, excluding HMRC VAT claims settlement Uber Q4 2022 Earnings Dec 31'21 (107) (80) ($187) ($187) Mar 31'22 15 (62) ($47) ($47) Three Months Ended Jun 30'22 439 (57) $382 $382 Sep 30 ¹22 432 (74) $358 $358 Dec 31 '22 (244) (59) ($303) 733 $430 Note 1: Net cash provided by (used in) operating activities and Free Cash Flow in Q4'22 experienced a cash outflow of approximately $733 million (GBP 613 million) to resolve all outstanding HMRC VAT claims related to periods prior to our model change on March 14, 2022. 32