Lyft, Inc. (NASDAQ:LYFT) Q4 2020 Results Conference Call February 9, 2021 4:30 PM ET Company Participants Shawn Woodhull - Head, IR Logan Green - Co-Founder and CEO John Zimmer - Co-Founder and President Brian Roberts - CFO Conference Call Participants Doug Anmuth - JPMorgan Eric Sheridan - UBS Stephen Ju - Credit Suisse Brent Thill - Jefferies Benjamin Black - Evercore ISI Itay Michaeli - Citi Edward Yruma - KeyBanc Capital Markets Operator Good afternoon, and welcome to the Lyft Fourth Quarter 2020 Earnin ...

Lyft, Inc. Conference Call Summary Company Overview - **Company**: Lyft, Inc. (NASDAQ:LYFT) - **Event**: Credit Suisse 24th Annual Technology Virtual Conference - **Date**: December 2, 2020 - **Participants**: John Zimmer (President, Co-Founder, Vice Chair), Stephen Ju (Credit Suisse) Key Points Industry and Market Dynamics - The pandemic has accelerated the digital transition across various sectors, including rideshare, but may have led to a temporary shrinkage in Lyft's addressable market as consumers shift back to car ownership and suburban living [2][3] - Despite the pandemic, Lyft believes the fundamental demand for transportation as a service remains strong, with opportunities for growth in off-peak hours and alternative use cases [3][4] Growth Opportunities - Lyft is targeting a significant market opportunity, with over $1 trillion spent annually on vehicle ownership, while rideshare has only captured 1-2% of that market [4] - The company is expanding its use cases beyond traditional rideshare, including partnerships with universities and healthcare providers for transportation services [6][9] - Lyft's diversified portfolio includes ridesharing, bike-sharing (Citi Bike), and car rentals, which have shown resilience during the pandemic [7][8] Innovations and Technology - Lyft is focusing on a portfolio approach to transportation, integrating various services to enhance user experience and meet diverse consumer needs [7][8] - The company is developing a white-label delivery service for retailers, aiming to provide a cost-effective solution without the high commission fees typical in the industry [12][13] - Lyft's autonomous vehicle strategy remains efficient and partner-oriented, with a focus on integrating human drivers and autonomous vehicles in a hybrid model [15][16] Financial Performance and Cost Management - Lyft is on track to achieve profitability by Q4 of the following year, with ongoing investments in R&D, including autonomous technology [18] - The company has implemented significant cost reductions, estimating $300 million in annual savings, which will enhance profitability per ride [42] Regulatory Environment - Lyft has actively engaged with regulators to create a favorable operating environment, successfully navigating challenges such as California's Proposition 22 [20][24] - The company is optimistic about the federal regulatory landscape, believing that the model established in California could influence national policies [24][25] Competitive Landscape - Lyft has maintained and even increased its market share despite competitive pressures, focusing on innovation rather than promotional tactics to attract users [30][36] - The company emphasizes its unique offerings, such as bike-sharing and consumer rentals, which differentiate it from competitors like Uber [33][34] Long-term Vision - Lyft envisions a future where car ownership is optional and cities are designed around people rather than vehicles, promoting a subscription-based model for transportation services [55][56] - The company aims to reshape urban infrastructure by reducing the need for parking and enhancing public transportation options [55][56] Additional Insights - Lyft's strategic focus on cost management and innovation positions it well for recovery post-pandemic, with a strong emphasis on long-term growth and sustainability [42][56] - The company is committed to providing a comprehensive transportation solution that meets evolving consumer preferences and market demands [56][57]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Comm ...

| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|--------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | Q3 Fiscal 2020 Earnings Supplemental Data | | | | | | | | November 10, 2020 | | Forward Looking Statements & Non-GAAP Financial Measures This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the ...

Lyft, Inc. (NASDAQ:LYFT) Q3 2020 Earnings Conference Call November 10, 2020 4:30 PM ET Company Participants Sonya Banerjee - Investor Relations Logan Green - Co-Founder and Chief Executive Officer John Zimmer - Co-Founder and President Brian Roberts - Chief Financial Officer Conference Call Participants Stephen Ju - Credit Suisse Doug Anmuth - JPMorgan Mark Mahaney - RBC Eric Sheridan - UBS Benjamin Black - Evercore ISI Youssef Squali - Truist Securities Operator Good afternoon, and welcome to the Lyft Thir ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 San Francisco, California 94107 (Address of ...

Lyft, Inc. (NASDAQ:LYFT) Q2 2020 Earnings Conference Call August 12, 2020 5:00 PM ET Company Participants Shawn Woodhull - Head, IR Logan Green - Co-Founder and CEO John Zimmer - Co-Founder and President Brian Roberts - CFO Conference Call Participants Benjamin Black - Evercore ISI Doug Anmuth - JPMorgan Stephen Ju - Credit Suisse Mark Mahaney - RBC Eric Sheridan - UBS Edward Yruma - KeyBanc Operator Good afternoon, and welcome to the Lyft Second Quarter 2020 Earnings Call. At this time, all participants ar ...

| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-----------------|--------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | Q2 Fiscal 2020 Earnings Supplemental Data | | | | | | | August 12, 2020 | | | Forward Looking Statements & Non-GAAP Financial Measures This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 (State or other jurisdiction of incorporation or organization) Delaware 20-8809830 (I.R.S. Employer Identification No.) 185 Berry Str ...

Lyft, Inc. (NASDAQ:LYFT) Q1 2020 Earnings Conference Call May 6, 2020 4:30 PM ET Company Participants Shawn Woodhull - Head of Investor Relations Logan Green - Co-Founder & Chief Executive Officer John Zimmer - Co-Founder & President Brian Roberts - Chief Financial Officer Conference Call Participants Stephen Ju - Credit Suisse Mark Mahaney - RBC Doug Anmuth - JPMorgan Eric Sheridan - UBS Benjamin Black - Evercore ISI Edward Yruma - KeyBanc Brent Thill - Jefferies Brian Fitzgerald - Wells Fargo Itay Michael ...