Lyft, Inc. — fact timeline

Lyft, Inc.: Amended and Restated Certificate of Incorporation filed to remove inoperative provisions (including references to Class B common stock) and update miscellaneous provisions, and to reflect Delaware law provisions regarding officer exculpation (effective 2026-06-03).

“On June 3, 2026, in order to effect the Charter Amendments, the Company filed an Amended and Restated Certificate of Incorporation (as so amended and restated, the “Amended Charter”) with the Secretary of State of the State of Delaware, which became effective upon its filing.”

Lyft, Inc. shareholders approved Amendment to Restated Certificate of Incorporation to reflect Delaware law provisions regarding officer exculpation at the 2026-06-03 meeting.

“For Against Abstain Broker Non-Votes 247,358,778 16,363,190 424,043 41,487,226”

Lyft, Inc. shareholders approved Amendment to Restated Certificate of Incorporation to remove inoperative provisions, including references to Class B common stock and update other miscellaneous provisions at the 2026-06-03 meeting.

“For Against Abstain Broker Non-Votes 262,132,351 1,569,766 443,894 41,487,226”

Lyft, Inc. shareholders approved Advisory vote on frequency of future stockholder advisory votes on compensation of named executive officers at the 2026-06-03 meeting.

“1 Year 2 Years 3 Years Abstain Broker Non-Votes 259,208,910 1,559,658 3,107,590 269,853 -”

Lyft, Inc. shareholders approved Advisory vote on compensation of named executive officers at the 2026-06-03 meeting.

“For Against Abstain Broker Non-Votes 244,638,672 18,943,909 563,430 41,487,226”

Lyft, Inc. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2026-06-03 meeting.

“For Against Abstain Broker Non-Votes 304,464,590 780,506 388,141 -”

Lyft, Inc. shareholders approved Election of three Class I directors at the 2026-06-03 meeting.

“David Risher 260,786,797 3,359,214 41,487,226 Deborah Hersman 262,965,316 1,180,695 41,487,226 Dave Stephenson 255,311,965 8,834,046 41,487,226”

Lyft, Inc. reported the first quarter ended March 31, 2026 results: revenue $1.7 billion, net income $14.2 million.

“and drives confidence in our growth to accelerate in Q2.” First Quarter 2026 Financial Highlights • Gross Bookings of $4.9 billion, up 19% year over year. • Revenue of $1.7 billion, up 14% year over year. • Net income of $14.2 million compared to $2.6 million in Q1'25. ◦ Net income as a percentage of Gross Bookings of 0.3% compared to 0.1% in Q1'25. •”

Lyft, Inc. incurred convertible notes of $50 million aggregate principal amount with Goldman Sachs & Co. LLC at 0 % maturing September 15, 2030.

“amount of its 0 % Convertible Senior Notes due 2030 (the “Base Notes”). In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $50 million aggregate principal amount of such notes on the same terms and conditions (the “Additional Notes” and together with the Base Notes, the “Notes”). On September 3, 2025, the”

Lyft, Inc. incurred convertible notes of $450 million aggregate principal amount with Goldman Sachs & Co. LLC at 0 % maturing September 15, 2030.

“On September 2, 2025, Lyft, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC as representative of the several initial purchasers (the “Initial Purchasers”), to issue and sell $450 million aggregate principal amount of its 0 % Convertible Senior Notes due 2030 (the “Base Notes”).”

Lyft, Inc.: Retirement of Class B common stock and reduction of total authorized shares of capital stock by filing Certificate of Retirement (effective 2025-08-15).

“As described under Item 3.03, on August 15, 2025, the Company plans to file the Certificate of Retirement with the Secretary of State of the State of Delaware to effect the retirement of the shares of Class B Common Stock that were issued but not outstanding following the conversion and to accordingly reduce the Company’s total number of authorized shares of capital stock by the number of retired shares of Class B Common Stock.”

Ariel Cohen resigned as Director at Lyft, Inc..

“On May 22, 2025, Ariel Cohen informed Lyft, Inc. (the “Company”) of his resignation from the Company’s board of directors (the “Board”), effective immediately.”

Erin Brewer was appointed as Interim Chief Accounting Officer at Lyft, Inc..

“Effective upon Ms. Blackwood-Kapral’s departure, Erin Brewer, the Company’s Chief Financial Officer (“CFO”), will serve as interim CAO and principal accounting officer.”

Lisa Blackwood-Kapral departed as Chief Accounting Officer at Lyft, Inc..

“On March 3, 2025, Lyft, Inc. (the “Company”) announced that Lisa Blackwood-Kapral, the Company’s Chief Accounting Officer (“CAO”), will depart the Company effective March 6, 2025.”

Lyft, Inc. announced a restructuring with charges of $34 million to $46 million of restructuring and related charges affecting bikes and scooters transportation mode (termination of approximately 1% of the Company's employees).

“On September 4, 2024, Lyft, Inc. (the “Company”) announced a restructuring plan related to its bikes and scooters transportation mode as part of its efforts to align strategic priorities and to reduce operating costs. The plan involves the disposal of certain assets related to the bikes and scooters operations and the termination of approximately 1% of the Company’s employees. In connection with the plan, the Company estimates that it will incur approximately $34 million to $46 million of restructuring and related charges, of which $32 million to $42 million are related to asset disposal costs with the remaining costs related to employee severance and benefit costs, and advisory fees.”

Kristin Sverchek departed as President at Lyft, Inc..

“On July 23, 2024, Lyft, Inc. (the “Company”) announced that Kristin Sverchek, the Company’s President, and the Company agreed to terms pursuant to which Ms. Sverchek will depart the Company as an employee effective August 20, 2024.”

Lyft, Inc. reported the quarter ended March 31, 2024 results: revenue $1.3 billion, net income Net loss of $31.5 million. Guidance raised.

“with an improved outlook for our full-year free cash flow.” First Quarter 2024 Financial Highlights: • Gross Bookings of $3.7 billion was up 21% year-over-year. • Revenue of $1.3 billion was up 28% year-over-year. • Net loss of $31.5 million compares with $187.6 million in Q1’23. Net loss includes $87.5 million of stock-based compensation and related payroll tax”

Lyft, Inc. incurred convertible notes of an additional $60 million aggregate principal amount of such notes on the same terms and conditions, solely to cover ove with BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC at 0.625% per year maturing March 1, 2029.

“of its 0.625% Convertible Senior Notes due 2029 (the “Base Notes”). In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $60 million aggregate principal amount of such notes on the same terms and conditions, solely to cover over-allotments (the “Additional Notes” and together with the Base Notes, the “Notes”).”

Lyft, Inc. incurred convertible notes of $400 million aggregate principal amount of its 0.625% Convertible Senior Notes due 2029 (the "Base Notes") with BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC at 0.625% per year maturing March 1, 2029.

“On February 22, 2024, Lyft, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several initial purchasers (the “Initial Purchasers”), to issue and sell $400 million aggregate principal amount of its 0.625% Convertible Senior Notes due 2029 (the “Base Notes”).”

Lyft, Inc. entered into Purchase Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several initial purchasers valued at $400 million aggregate principal amount (effective 2024-02-22).

“On February 22, 2024, Lyft, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several initial purchasers (the “Initial Purchasers”), to issue and sell $400 million aggregate principal amount of its 0.625% Convertible Senior Notes due 2029 (the “Base Notes”).”

Lyft, Inc. amended Amendment No. 2 to Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders party thereto (effective 2024-02-21).

“On February 21, 2024 (the “Effective Date”), Lyft, Inc. (the “Company”) entered into Amendment No. 2 to Revolving Credit Agreement (the “Amendment”), with the other loan parties party thereto, JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), and certain lenders party thereto”

Lyft, Inc. reported financial results for the fourth quarter and full-year ended December 31, 2023.

“On February 13, 2024 , Lyft, Inc. (the “Company” or “Lyft”) issued a press release announcing its financial results for the quarter and fiscal year ended December 31, 2023. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein.”

Lyft, Inc. reported the quarter and fiscal year ended December 31, 2023 results: revenue $1.2 billion, net income Net loss of $26.3 million.

“expansion and our first full-year of positive free cash flow.” Fourth Quarter 2023 Financial Highlights • Gross Bookings of $3.7 billion grew 17% year-over-year. • Revenue of $1.2 billion grew 4% year-over-year. • Net loss of $26.3 million compares with a net loss $588.1 million in Q4’22. Net loss includes $93.3 million of stock-based compensation and related”

Jill Beggs was appointed as Director at Lyft, Inc..

“On December 31, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Jill Beggs to serve as a member of the Board, effective immediately.”

Lyft, Inc. amended Amendment No. 1 to Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders (effective 2023-12-12).

“On December 12, 2023 (the “Effective Date”), Lyft, Inc. (the “Company”) entered into Amendment No. 1 to Revolving Credit Agreement (the “Amendment”), with the other loan parties party thereto, JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), and certain lenders party thereto”

Betsey Stevenson was appointed as Director at Lyft, Inc..

“On November 16, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Betsey Stevenson to serve as a member of the Board, effective immediately.”

Lyft, Inc. reported third quarter ended September 30, 2023 results: revenue $1.158 billion, net income $12.1 million.

“healthy and profitable business that our customers love.” Third Quarter 2023 Financial Highlights • Gross Bookings of $3.554 billion was up 15% year-over-year. • Revenue of $1.158 billion was up 10% year-over-year. • Net loss of $12.1 million compares with $114.3 million in Q2’23 and $422.2 million in Q3’22. Net loss includes $100.4 million of stock-based”

Valerie Jarrett resigned as Director at Lyft, Inc..

“On October 12, 2023, each of Mary Agnes (Maggie) Wilderotter and Valerie Jarrett informed Lyft, Inc. (the “Company”) of their respective resignations from the Company’s board of directors (the “Board”), effective immediately.”

Mary Agnes (Maggie) Wilderotter resigned as Director at Lyft, Inc..

“On October 12, 2023, each of Mary Agnes (Maggie) Wilderotter and Valerie Jarrett informed Lyft, Inc. (the “Company”) of their respective resignations from the Company’s board of directors (the “Board”), effective immediately.”

Lyft, Inc. reported second quarter ended June 30, 2023 results: revenue $1.021 billion, net income $114.3 million.

“and focused on delivering great experiences for drivers and riders. We’ve got lots more to do to build on our progress.” Second Quarter 2023 Financial Highlights • Revenue of $1.021 billion was up 3% year-over-year, reflecting strong growth in rideshare rides, up 18% year-over-year. • Net loss of $114.3 million compares with $187.6 million in Q1’23 and $377.2”

Janey Whiteside was appointed as Class II director at Lyft, Inc..

“On July 24, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Janey Whiteside to serve as a member of the Board, effective July 31, 2023 as a Class II director with a term of office expiring at the Company’s 2024 Annual Meeting of Stockholders.”

Lyft, Inc. shareholders approved Advisory vote on compensation of named executive officers at the 2023-06-15 meeting.

“To approve, on an advisory basis, the compensation of the Company’s named executive officers”

Lyft, Inc. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-15 meeting.

“To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023”

Lyft, Inc. shareholders approved Election of three Class I directors at the 2023-06-15 meeting.

“To elect three Class I directors to serve until the 2026 annual meeting of stockholders and until their successors are duly elected and qualified”

Lisa Blackwood-Kapral changed role as Interim Chief Financial Officer at Lyft, Inc..

“Lisa Blackwood-Kapral, the Company’s Chief Accounting Officer, will serve as interim CFO and principal financial officer during the period between Ms. Paul’s departure and the Effective Date.”

Elaine Paul departed as Chief Financial Officer at Lyft, Inc..

“Elaine Paul, the Company’s current CFO, will depart the Company effective May 19, 2023.”

Erin Brewer was appointed as Chief Financial Officer at Lyft, Inc..

“On May 16, 2023, Lyft, Inc. (the “Company”) announced the appointment of Erin Brewer as the Chief Financial Officer (“CFO”) of the Company.”

Lyft, Inc. reported Q2 2023 results: revenue approximately $1.0 billion and $1.02 billion. Guidance initiated.

“Revenue of approximately $1.0 billion and $1.02 billion • Adjusted EBITDA between $20 million and $30 million”

Lyft, Inc. reported first quarter ended March 31, 2023 results: revenue $1.0 billion, net income $187.6 million.

“Revenue of $1.0 billion, up 14% year-over-year, and $26 million better than our guidance of $975 million 1 , with the outperformance reflecting rideshare strength. • Net loss of $187.6 million compares with $196.9 million in Q1’22 and $588.1 million in Q4’22.”

Lyft, Inc. announced a restructuring with charges of approximately $41 million to $47 million (approximately 1,072 employees, representing 26% of the Company’s employees).

“On April 27, 2023, Lyft, Inc. (the “Company”) announced a restructuring plan as part of its efforts to reduce operating costs. The plan involves the termination of approximately 1,072 employees, representing 26% of the Company’s employees. The Company has also decided to scale back hiring and has eliminated over 250 open positions. In connection with the plan, the Company estimates that it will incur a cost of approximately $41 million to $47 million related to severance and employee benefits in the second quarter of 2023, all of which will be future cash expenditures.”

John Zimmer changed role as President at Lyft, Inc..

“Ms. Sverchek will succeed John Zimmer, the Company's current President, who, as previously announced, will transition to a non-employee advisor and director role on June 30, 2023.”

Kristin Sverchek was appointed as President at Lyft, Inc..

“Ms. Sverchek will become the Company's President, effective as of July 1, 2023.”

Sean Aggarwal was appointed as Lead Independent Director at Lyft, Inc..

“Sean Aggarwal, the Company’s current Board Chair, has been appointed as Lead Independent Director, each effective as of April 17, 2023.”

David Risher was appointed as President and Chief Executive Officer at Lyft, Inc..

“to serve as CEO, effective as of April 17, 2023, and President and CEO, effective as of July 1, 2023.”

David Risher was appointed as Chief Executive Officer at Lyft, Inc..

“the Company’s board of directors (the “Board”) appointed David Risher, a member of the Board since July 2021, to serve as CEO, effective as of April 17, 2023, and President and CEO, effective as of July 1, 2023.”

John Zimmer changed role as President at Lyft, Inc..

“John Zimmer, its co-founder and President, has decided to transition from his role as President, effective as of June 30, 2023.”

Logan Green was appointed as Chair of the Board at Lyft, Inc..

“Mr. Green has been appointed as Chair of the Board, and Sean Aggarwal, the Company’s current Board Chair, has been appointed as Lead Independent Director, each effective as of April 17, 2023.”

Logan Green changed role as Chief Executive Officer at Lyft, Inc..

“Logan Green, its co-founder and Chief Executive Officer (“CEO”), has decided to transition from his role as CEO, effective as of April 17, 2023”

Lyft, Inc. reported financial results for the quarter and fiscal year ended December 31, 2022.

“On February 9, 2023, Lyft, Inc. (the “Company” or “Lyft”) issued a press release announcing its financial results for the quarter and fiscal year ended December 31, 2022.”

Lyft, Inc. announced a restructuring with charges of approximately $27 million to $32 million of restructuring and related charges primarily related to employee severance and benefits costs affecting Company-wide.

“as previously announced, on November 3, 2022, the Company committed to a plan of termination as part of the Company’s efforts to reduce operating expenses and adjust cash flows. At the time of the Original Report, the Company estimated that it would incur approximately $27 million to $32 million of restructuring and related charges primarily related to employee severance and benefits costs.”