Slide 1: Lyft Expands in Europe, Diversifies by Acquiring FREENOW
April 16, 2025 Lyft Expands in Europe, Diversifies by Acquiring FREENOW
Slide 2: Forward Looking Statements & Non-GAAP Financial Measures
This presentation and any accompanying oral presentation contain forward-looking statements within the meaning of Section Forward 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future e
Slide 3: Contents
•1 Strategic Rationale •2 The Opportunity Contents • 3 The Business • 4 Transaction Summary
Slide 4: Strategic Rationale
Strategic Rationale Strategic and Efficient International Creates Diversified and Synergistic 1 Expansion to an Attractive and Growing 2 Business Model Market ● Addition of taxi hailing to current private ● Acceleration of online taxi adoption in Europe rideshare, driving attractive technological and
Slide 5: Strategic Rationale
Strategic Rationale Strengthens Lyft’s Fleet Management Expands Lyft’s Offering for Tier 1 Partner 3 Expertise and Differentiator 4 Acquisition and Growth ● FREENOW's market-leading fleet technology ● Expands reach of Tier 1 partners to a complemented by Lyft’s network expertise combined 11 countries
Slide 6: The Opportunity
The Opportunity The European mobility market is large and growing, with strong industry tailwinds, and attractive unit economics. ● €41B industry in 2024 with taxi-aggregation forecasted to FREENOW currently represents €1 billion of a €41 billion opportunity drive high-single digit CAGR from 2024 to
Slide 7: The Business
The Business Expands Lyft across nine ● FREENOW is the leading taxi mobility platform in several major European key European countries, in cities, including Dublin, London, Athens, Berlin, Barcelona, Madrid, and over 150 cities Hamburg. ● Approx. 6.3 million riders in 2024. Austria Italy ●…
Slide 8: Transaction Summary
Transaction Summary Transaction Consideration Financial Overview Closing • Lyft to acquire FREENOW from • FREENOW delivered Gross • The transaction is subject to BMW Group and Bookings of over €1 billion in customary closing conditions, Mercedes-Benz Mobility for 2024 and is Adjusted EBITDA includin
Slide 9: Thank you
Thank you 9