Uber Technologies, Inc. · NYSE:UBER
Uber Technologies — Proxy Contest (April 2021)
17 slides from Uber Technologies's proxy contest presentation, Apr 22, 2021
Slide 1: Global All Hands 2021 In-Season Stockholder Engagement
Global All Hands 2021 In - Season Stockholder Engagement
Slide 2: Forward-looking statements
Forward - looking statements 2 This presentation may contain 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
Slide 3: Key 2020 updates: strong execution in a challenging environment
3 Key 2020 updates: strong execution in a challenging environment Rapid response to COVID - 19 crisis Since the earliest days of the pandemic, Uber mobilized internal teams and worked to support the health and well - being of employees, platform users, and the communities we serve. Uber will continu
Slide 4: Uber is a global tech platform operating at massive scale
$19B $34B $50B $65B $58B 16 17 18 19 20 Uber is a global tech platform operating at massive scale 4 $58B Gross Bookings Delivery +109% YoY 3 5B Trips 93M MAPCs 4 Delivery +66% YoY 5 Gross Bookings Gross Bookings, Trips are FY 2020. MAPCs, Drivers, Merchants are as of Q4 2020 1. Based on our internal
Slide 5: During 2020, we pivoted towards growth while securing our future
5 During 2020, we pivoted towards growth while securing our future… …to focus on core opportunities Careem acquisition closed Divested Uber Eats in India for ownership stake in Zomato COVID - 19 impacts begin $1B run - rate fixed costs reduction commitment 25% Headcount reduction Divested JUMP for o
Slide 6: COVID-19 response: supporting riders, drivers, communities and employees
Encouraging riders to stay at home Providing health & sanitization supplies Sent messages to riders in the app and on social media asking them to stay home and help slow the spread of the virus Committed $50M to help provide access to disinfectants, sanitization sprays and wipes, and ear - loop face
Slide 7: Board continues to evolve to guide our growth
Board continues to evolve to guide our growth Ronald Sugar (Chair) Former Chairman & CEO, Northrop Grumman Age: 72 Board Tenure: 2.7 Years Committees: Nominating & Governance (Chair); Compensation Revathi Advaithi CEO, Flex Ltd. Age: 53 Board Tenure: 0.7 Years Committees: Audit Ursula Burns Former C
Slide 8: A diverse and highly experienced board
9 6 7 8 11 10 A diverse and highly experienced board BOARD INDEPENDENCE GENDER DIVERSITY ETHNIC DIVERSITY BOARD TENURE DIRECTOR AGE SKILLS, EXPERIENCE AND BACKGROUND 8 91% Independent 36% Female 27% Ethnic minorities 2.6 Avg. years of tenure 58 Avg. director age Independent (10) Non - independent (1
Slide 9: Our compensation philosophy
Our compensation philosophy 9 In order to promote long - term stockholder value creation, we link the compensation of our executive officers to our long - term strategic goals and the key drivers of our business Attract and retain a highly talented, diverse team of executives who possess and demonst
Slide 10: Compensation type: link to strategy & performance alignment
Compensation type Link to strategy & performance alignment Base Salary Provides fixed source of compensation for day - to - day responsibilities Annual Cash Bonus 2020 performance was measured against the following elements (equally weighted) : Key Financial Targets • Gross Bookings • Revenue* • Adj
Slide 11: Compensation evolution informed by stockholder feedback
Compensation evolution informed by stockholder feedback 11 Established market - competitive CEO compensation x Transitioned total compensation from levels negotiated upon hire to substantially lower, market - competitive levels Realigned NEO compensation x To be internally consistent and aligned wit
Slide 12: Key compensation decisions in 2020
Key compensation decisions in 2020 12 Our CEO and Board of Directors waived their salary and retainer fees • As the pandemic spread, the Board of Directors decided to waive its general cash retainer fees and supported Dara Khosrowshahi in his decision to waive his base salary , both for the remainde
Slide 13: Stockholder engagement informs leading corporate governance
x Independent Chairperson x Look for qualified women and underrepresented minorities for every open board seat x Board oversight of management succession planning x Board, committee, and individual director evaluation process x Robust s tock ownership guidelines for directors and NEOs x Clawback pol
Slide 14: ESG highlights
ESG highlights 14 Uber is committed to sustainability as we reimagine the way the world moves for the better Driver / delivery person well - being Diversity, equity, inclusion & culture COVID - 19 response User safety Climate change Cybersecurity User privacy Ethic & compliance Local impact We are c
Slide 15: Selected 2021 ESG commitments and priorities
Selected 2021 ESG commitments and priorities 15 Support communities in driving recovery from COVID - 19 Preserve flexibility and improve the quality and experience of independent work Follow through on our commitment to become an anti - racist company internally and for the advancement of our stakeh
Slide 16: Board Oversight of Political Spending and Lobbying
Board Oversight of Political Spending and Lobbying 16 Policy decisions can, and do, impact our strategies and operations in positive and negative ways. It is crucial that Uber advocates on behalf of the Company and its stakeholders as we reimagine the way the world moves for the better Board Oversig
Slide 17: Uber's transparent approach to participation in the political process
Uber’s transparent approach to participation in the political process 17 ● Adopted policy establishing Board oversight of political spending and lobbying activities at Uber ● Disclosure of: ● Uber’s U.S. corporate political activities policy ● A list of Uber’s memberships in and payments to trade as