Lyft acquisitions, on the record

Word for word“Through the acquisition of PBSC in May 2022, we expanded our business to include licensing of certain of our technology and sales of bikes and stations.” 10-K for 2023

Word for word“In recent periods, we have also reevaluated and changed our cost structure and focused our business model.” 10-K for 2023

Word for word“On July 13, 2021, we completed a transaction with Woven Planet, a subsidiary of Toyota Motor Corporation, for the divestiture of certain assets related to our self-driving vehicle division, Level 5, and as a result, certain costs related to our prior initiative to develop self-driving systems were eliminated beginning in the third quarter of 2021.” 10-K for 2023

Word for word“For example, in February 2023, we closed the sale of our vehicle service center business and in July 2023, we announced that we are exploring strategic alternatives for our Light Vehicles business.” 10-K for 2023

Word for word“Following the sale of our Level 5 self-driving vehicle division in 2021, we no longer develop our own autonomous vehicle technology, so we must develop and maintain partnerships with other companies to offer autonomous vehicle technology on our platforms, and if we are unable to do so, or if we do so at a slower pace or at a higher cost or if our technology is less capable relative to our competitors, or if our efforts to optimize our strategy with regard to our autonomous vehicle technology development are not successful, our business, financial condition and 22 results of operations could be adversely affected.” 10-K for 2024

Word for word“In addition, in connection with our acquisition of Flexdrive, which is an independently managed, wholly-owned subsidiary, Flexdrive remained responsible for its obligations under a Loan and Security Agreement, as amended, with a third-party lender, a Master Vehicle Acquisition Financing and Security Agreement, as amended, with a third-party lender and a Vehicle Procurement Agreement, as amended, with a third-party; and, following the acquisition, we continued to guarantee the payments of Flexdrive for any amounts borrowed under these agreements.” 10-K for 2024

Word for word“On July 31, 2025, we completed the previously announced acquisition of Freenow, a European multimodal application with a taxi offering at its core.” 10-K for 2025

Word for word“On October 14, 2025, we completed the acquisition of TBR, a global premium ground transportation and chauffeur service company, for a total purchase price of approximately £86.4 million ($115.2 million), inclusive of an immaterial amount of contingent consideration.” 10-K for 2025