Uber Technologies (UBER) AGM 2025 summary

Opening remarks and agenda

• Meeting called to order by the Independent Chairperson, with formalities and rules of conduct outlined for participants.

• Only business matters set forth in the Notice and Proxy Statement were considered, with Q&A time allotted for stockholders.

• Directors standing for election and representatives from PwC were introduced.

Board and executive committee updates

• Ten directors were nominated for election to serve a one-year term expiring at the 2026 AGM.

• No additional nominations were received, and nominations were declared closed.

Financial performance review

• Gross bookings grew 20% annually from $65B in 2019 to $163B in 2024, with adjusted EBITDA improving by over $9B to $6.5B in 2024.

• In 2024, gross bookings increased 21% and profitability grew 60%, achieving the first quarter with over $1B in GAAP operating income.

• Over $1B was returned to shareholders through share repurchases, and free cash flow conversion exceeded 100%.

• Q4 2024 saw all-time highs for trips, gross bookings, and adjusted EBITDA, with 171M monthly active platform consumers.