Delivery Hero SE — Earnings Release 2022

Apr 28, 2022

Q1 2022 Trading Update 28 April 2022

Table of contents

Overview

• Financial Update
• Case Studies

Outlook

Appendix

OUR VISION

Always delivering an amazing experience

Fast, easy and to your door

Global leader in food delivery and quick commerce

Note: Management estimates

1. Including Glovo. The closing of the Glovo transaction is subject to certain customary conditions and regulatory approvals, including merger control clearance in several countries, and is expected to occur early in the third quarter of 2022.

4

Our business model is based on highly attractive cohorts

GMV from 2021 Cohort

Base

Base

3.3x

3.5x

3.0x

1.9x

Numbers compare the GMV of a given cohort in the respective year with the GMV of the same cohort in the previous year

1.7x

0 12 24 36 48 60 72 2021 Cohort Cumulative order frequency of cohorts Month Increasing First Time Customer Growing Returning Customer Average number of orders per active customer (monthly) FY 2018 FY 2019 FY 2020 FY 2021 3.7 4.9 2019 Cohort 2018 Cohort 2017 Cohort 2016 Cohort 2020 Cohort

Total GMV per cohort per year Cumulative order frequency by annual cohort

FY 2017 FY 2018 FY 2019 FY 2020 FY 2021

Monthly average order frequency

Existing cohorts have strong loyalty and order more frequently over time

New cohorts usually exhibit a higher order frequency than previous cohorts

The cohort acquired in 2020 showed an exceptionally strong first year due to COVID lockdowns

Achieving our 2030 target of €200-350bn would require order density below that of our Top 7 markets*

^(*) Markets ranked in terms of average monthly orders per capita

General assumptions: (1) Total population (DH + Glovo) at 2.2bn; (2) AOV held constant at €14

Expected transition from pandemic

Estimated impact on growth assuming no further COVID outbreak (high level estimates)

Note: Impact of pandemic on GMV growth as per management estimates. Implied "normalised" growth represents the expected growth rate as if the pandemic and related consumer behaviour had not occurred, based on management estimates

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Table of contents

Overview

• Financial Update
• Case Studies

Outlook

Appendix

Reminder: all following slides show pro forma financials incl. Woowa and excl. Delivery Hero Korea

▪ As a reminder:

• ‒ Woowa transaction closed 4 March 2021
• ‒ Divestment of Delivery Hero Korea closed on 29 October 2021
• In order to give a better picture of the Group profile going forward and in line with our reporting in our previous Trading Updates, we will be presenting pro forma numbers that are:
  • ‒ Including Woowa from 1 January 2021 onwards
  • ‒ Excluding Delivery Hero Korea from 1 January 2021 onwards
  • ‒ For better comparison, historic data is also restated

Q1 2022 Key highlights

Strong GMV development of +31% YoY and Total Segment Revenue growth of +52% YoY

Record high contribution margin in own-delivery after vouchers

Profitability levers: Minimum order value and dynamic pricing introduced in 90% of our markets Service fee successfully tested and to be rolled out in selected countries

Break-even on adj. EBITDA level in the Asia Platform business before group costs in March

Successful roll-out of new pricing in South Korea with positive impact on unit economics ahead Promising first results from our subscription offering pandapro in APAC

Issued term loan equivalent to €1.0bn boosting our pro-forma cash position to €3.5bn (end of FY21) Additional flexibility through revolving credit facility of €375m

Strong Group GMV and revenue growth in Q1 2022

1. Total Segment Revenue is defined as revenue in accordance with IFRS 15, excluding the effect of vouchers and other discounts. Difference between total segment revenue and the sum of segment revenues is mainly due to intersegment consolidation adjustments for services charged by the Platform Businesses to the Integrated Verticals Businesses (Q1 2022: -€46.2m). All values including Woowa and excluding Delivery Hero Korea 2. Includes reported current growth rates for Argentina and Lebanon in the constant currency calculation due to the effects of hyperinflation in Argentina and Lebanon RC=Reported Currency / CC=Constant Currency

12

Q1 2022 Asia Platform business

Key highlights

Roll-out of basket size and delivery fee initiatives pushes AOV by >10% in Q1 2022

Strong progress in South Korea with GMV growth ahead of expectations. Successful introduction of new pricing for Baemin 1 to generate positive unit economics

Ramp-up of subscription service in Taiwan and Hong Kong strengthening our leadership positions

Thailand reorg completed: positive gross profit after vouchers in Jan, ramp-up of pandapro and participation in government payment scheme starting in Q2 2022

Reached break-even on adj. EBITDA level in Asia Platform business before group costs in March

Q1 2022 MENA Platform business

Key highlights

Healthy customer behavior resulted in strong GMV growth of +37% YoY (CC) at Talabat. Ad sales already at 2.3% of GMV in Q1 2022

Higher penetration of vendor funded deals solidifies Hungerstation's strong leadership in Saudi Arabia

Migration to Pandora platform in Turkey should improve customer experience and enable us to gain more traction

Very strong GMV growth of more than 100% YoY in our growth markets Egypt, Jordan and Iraq

Note: YoY growth rates in red are reported currency and in black are constant currency. CC refers to constant currency

MENA revenues, adjusted EBITDA, Gross Merchandise Value (GMV) as well as the respective growth rates are impacted by the Lebanese operations qualifying as hyperinflationary economy according to IAS 29 beginning October 2020. In Q1 2022, GMV & revenues have been retrospectively adjusted with a total impact of +€1.1m and +€0.0m, respectively

1. Includes reported current growth rates for Lebanon in the constant currency calculation due to the effects of hyperinflation in Lebanon

Q1 2022 Europe Platform business

Note: YoY growth rates in red are reported currency and in black are constant currency

1. Divestment of certain operations in the Balkan region in June 2021, Romania in December 2021. Announcement of downscaling the business in Germany to a Berlin Tech Hub in December 2021

Q1 2022 Americas Platform business

Focus on basket size levers (minimum order value, cross-selling, delivery fees) propels average order value by 19% YoY

Gross profit per order in Americas on . Argentina on the verge of break-even on adj. EBITDA³ level while asserting strong leadership

Service fee successfully tested in Chile and Argentina. Roll-out planned for the

Subscription pilots to be launched in

Note: YoY growth rates in red are reported currency and in black are constant currency

Americas revenues, adjusted EBITDA, Gross Merchandise Value (GMV) as well as the respective growth rates are impacted by the Argentinian operations qualifying as hyperinflationary economy according to IAS 29 beginning 1 September 2018. In Q1 2022 GMV & revenues have been retrospectively adjusted with a total impact of +€6.5m and +€2.4m, respectively

1. Includes reported current growth rates for Argentina in the constant currency calculation due to the effects of hyperinflation in Argentina

2. Adjusted for hyperinflation

3. Before central cost allocation

Q1 2022 Integrated Verticals

Key highlights

Planned deceleration in Dmart openings: launch of 48 new stores in Q1 compared to + 213 stores in Q4, with a total of 1,122 at the end of March

Basket size soared by more than 20% in Q1 2022 to €13.7 due to constant improvement of product assortment

Larger scale and clear focus on

operations lead to constant improvement in gross profit margins

Integrated Verticals revenues, adjusted EBITDA, Gross Merchandise Value (GMV) as well as the respective growth rates are impacted by the Argentinian operations qualifying as hyperinflationary economy according to IAS 29 beginning 1 September 2018. In Q1 2022 GMV & revenues have been retrospectively adjusted with a total impact of +€0.2m and +€0.2m, respectively. The agent business with local vendors is captured in the platform business segments. DH Kitchens is capturing various types of kitchen models

Note: YoY growth rates in red are reported currency and in black are constant currency

All 4 regional segments with positive contribution margin

Contribution margin¹of own-delivery (before voucher costs² ) as % of GMV Values excluding Delivery Hero Korea and not yet including Woowa

Contribution margin in own-delivery of more than 6%. Further margin expansion expected throughout the remainder of the year

Contribution margin in MENA has slightly improved and Europe turned positive since the scale-down of Germany

New pricing for own delivery in South Korea will have positive impact on contribution margin. Woowa numbers not integrated, yet

1. Voucher costs correspond to marketing initiatives to incentivize the acquisition of new users or the retention of existing users

^1. Contribution margin relates to Platform business and includes the costs of the physical delivery of the order as well as the transmission and support costs of the order (i.e. payment costs, dispatching costs, customer support). The contribution margin shown above differs from IFRS gross profit, because the former excludes certain non-commission revenue like advertising revenues, whereas the latter excludes i.e. customer support costs, bad debt expenses and includes voucher costs

Fully loaded contribution margin on new record high

Contribution margin¹of own-delivery (after voucher costs² ) as % of GMV Values excluding Delivery Hero Korea and not yet including Woowa

1. Voucher costs correspond to marketing initiatives to incentivize the acquisition of new users or the retention of existing users

^1. Contribution margin relates to Platform business and includes the costs of the physical delivery of the order as well as the transmission and support costs of the order (i.e. payment costs, dispatching costs, customer support). The contribution margin shown above differs from IFRS gross profit, because the former excludes certain non-commission revenue like advertising revenues, whereas the latter excludes i.e. customer support costs, bad debt expenses and includes voucher costs

Attractive portfolio of shareholdings in the global food delivery space and adjacent businesses

Investment Rationale

Building a network to peer companies and exploring ways to collaborate, extending our know-how or driving consolidation

Already generated very attractive returns in the double-digit and sometimes even in the triple-digit percentages

Partial sale of stake in Rappi worth \$250m in January 2022. DH continues to hold an approx. stake of 5% in Rappi on a fully diluted basis

Additional source of future liquidity if and when desired

1. Market value for private assets is based on the valuation of the last funding round. Market capitalization of public companies is based on publicly available data. Data as of April 2022

2. The closing of the Glovo transaction is subject to certain customary conditions and regulatory approvals, including merger control clearance in several countries, and is expected to occur early in the third quarter of 2022. Until such closing, we will continue to hold approx. 44.5% stake in Glovo, on a non-diluted basis, which is accounted as minority investment

3. This includes the share in Rappi after the partial sale in January 2022

Liquidity bridge (pro-forma for term loan)

€1.4bn debt financing in April 2022

Successfully completed syndication of term loan equivalent to €1.0bn¹ with maturity of 5.25 years

Revolving credit facility of €375m gives additional flexibility

Pro-forma cash and cash equivalents at €3.5bn² at the end of FY 2021

Note: Adjusted EBITDA on this slide is based on IFRS accounting and deviates from the adjusted EBITDA on pro-forma basis.

1. Based on USD exchange rate at April 1, 2022

2. Cash and cash equivalents at December 31, 2021 includes €5m of restricted cash. No pro forma adjustments made for Glovo or partial disposal of Rappi stake in January 2022 (\$250m)

3. Figures are rounded, so that minor discrepancies may occur through the addition of these amounts

Table of contents

Overview

• Financial Update
• Case Studies

Outlook

Appendix

Quick commerce is highly complementary and synergistic to our core Platform business…

…and we know how to get the Dmarts model right

Current:	Best-in-class	Dmarts overall
	Incl. 7 countries	Incl. 42 countries
Daily orders per store	540	244
Average basket value (vs. Platform)	120%	121%
% Free delivery orders	11.1%	21.7%
Delivery time (min)	25.4	21.5
Listed SKUs per store	5.2k	3.2k
Items per order	8.5	8.0

Relevant gaps to profitability can be improved through increased scale and business maturity

Operating metrics Unit economics

	TodayCurrent:		Dmarts overall
		Incl. 7 countries	Incl. 42 countries
Product margin		25.0%	26.7%
Delivery fee		7.5%	6.2%	Other costs
Advertising revenue1		2.5%	2.0%	includes shrinkage,
Delivery cost		(18.2)%	(22.8)%	packaging, and others
Picker cost		(3.9)%	(7.9)%
Other costs		(4.0)%	(10.4)%
Gross Profit		8.9%	(6.3)%
Vouchers		(2.3)%	(5.7)%
Gross profit after vouchers		6.6%	(12.0)%

Note: Data from January 2022. Unit economics percentages calculated based on revenue. Delivery costs and gross profit adjusted for intercompany charges. Other fixed costs include distribution centres, store managers, utilities and store maintenance.

1. Includes primarily advertising revenues and other non-commission revenue

Best-in-class countries already at break-even

Delivery Hero's 7 best-in-class Dmart countries

Advertising

We have a rich portfolio of advertising products

Cost-per-click (CPC): various premium listing options to increase restaurant visibility on the platform. Automatic renewal of monthly ad booking. Vendor only pays if customer clicks on ad

Joker: pop-up banner with discounted offers displayed to customers. Restaurant only pays per order, tool highly focused towards new customer acquisition

ःदि

Other products: Featured products highlights particular dishes in a restaurant's portfolio; banner advertising, etc.

Advertising revenue offers significant earnings potential

Subscription

pandapro subscription offers great value to our customers

1 million subscribers in 10+ countries

pandapro customers benefit from free delivery, discounts and attractive deals both in food delivery and quick commerce

Subscribers exhibit significantly higher order frequency and buy larger baskets. More users are converging from monthly to half-yearly or yearly subscription

pandapro was launched in early 2021 in APAC and quickly gained traction. For 2022, we plan to roll out subscription services also to other regions

pandapro customers order more frequently and generate higher GMV

pandapro APAC

Table of contents

Overview

• Financial Update
• Case Studies

Outlook

Appendix

2022 Outlook (excluding Glovo)

1. Platform business corresponds to the four regional segments of Delivery Hero Group (Europe, MENA, Asia and Americas) including group costs. The Integrated Verticals segment is not part of the Platform business

2. For a better comparability, the numbers presented here exclude Germany and Japan

1. Platform business corresponds to the four regional segments of Delivery Hero Group (Europe, MENA, Asia and Americas) including group costs. The Integrated Verticals segment is not part of the Platform business.

2. The closing of the Glovo transaction is subject to certain customary conditions and regulatory approvals, including merger control clearance in several countries, and is expected to occur early in the third quarter of 2022.

Break-down for reaching long-term adj. EBITDA/GMV margin target of 5-8%

Costs and margins (in % of GMV)	FY 2021	Long-term range	Main components	Selected levers
Gross Profit	5.1%	10% to 13%	Revenues: Commission, delivery ▪ fees, service fee, advertising, subscription, Dmart products	Increase average order value ▪ ▪ Increase delivery fee Add service fee ▪ ▪ Rider utilization Increased stacking ▪
Gross Profit (excl. Woowa)	▪ 7.2% 11% to 13% (3.5)% ~(3)% (3.4)% ~(3)% (1.7)% 5% to 8%	Costs: Delivery costs, payment fees, server hosting, POS systems, rider equipment, picker	Better supplier terms ▪ Subscription ▪ ▪ Advertising Reduce payment fees ▪ ▪ Dynamic pricing
Marketing			Customer acquisition and retention costs, overhead, others	Assumes continued high spending as we are early stage in most markets. Best-in-class markets below 1.5%
Opex and others			General & administrative expenses, IT expenses, restaurant acquisition costs, R&D	Scale and automation while still investing in being leading tech player. Best-in-class markets below 1.5%
Adjusted EBITDA

Table of contents

Overview

• Financial Update
• Case Studies

Outlook

Appendix

Delivery Hero KPIs (Pro Forma Data)

		2021
in €m	Q 1	Q 2	H1	Q 3	Q 4	F Y	Q 1
Delivery Hero Group
GMV	7.769.7	8.388.8	16.158.5	9.562.6	9.640.4	35.361.5	10.145.8
% YoY Growth (RC)	83.2%	74.2%	78.4%	64.8%	38.8%	62.2%	30.6%
% YoY Growth (CC)	92.2%	80.8%	86.1%	64.6%	39.8%	65.6%	31.3%
Total Segment Revenue	1.351.6	1.549.9	2.901.6	1.788.7	1.918.5	6.608.8	2.051.0
% YoY Growth (RC)	114.1%	104.6%	108.9%	89.0%	66.5%	89.5%	51.7%
% YoY Growth (CC)	127.0%	115.1%	120.5%	89.9%	65.9%	94.1%	50.6%
Intersegment consolidation1	(19.2)	(35.2)	(54.5)	(38.0)	(42.8)	(135.2)	(46.2)
Adj. EBITDA			(332.3)			(780.6)
EBITDA Margin % (GMV)			-2.1%			-2.2%
Asia
GMV	5.129.4	5.588.6	10.718.0	6.659.9	6.529.2	23.907.0	6.948.7
% YoY Growth (RC)	83.2%	68.2%	75.0%	72.1%	40.1%	63.1%	35.5%
% YoY Growth (CC)	88.3%	71.0%	78.9%	70.0%	40.8%	64.4%	34.9%
Segment Revenue	620.1	720.2	1.340.4	853.7	876.6	3.070.7	928.0
% YoY Growth (RC)	113.2%	84.2%	96.6%	89.7%	61.8%	83.5%	49.6%
% YoY Growth (CC)	121.5%	90.2%	103.5%	88.4%	60.6%	85.6%	46.7%
Adj. EBITDA			(202.2)			(396.6)
EBITDA Margin % (GMV)			-1.9%			-1.7%
MENA
GMV	1.537.7	1.617.3	3.155.0	1.763.4	1.837.5	6.755.9	1.932.4
% YoY Growth (RC)	60.7%	96.7%	77.4%	46.2%	36.1%	55.8%	25.7%
% YoY Growth (CC)	83.2%	123.8%	102.0%	52.0%	38.9%	68.4%	31.7%
Segment Revenue	325.5	359.3	684.9	418.5	459.6	1.562.9	491.1
% YoY Growth (RC)	60.9%	116.6%	86.0%	70.0%	64.2%	74.8%	50.9%
% YoY Growth (CC)	79.4%	142.4%	107.8%	74.2%	63.2%	84.6%	49.8%
Adj. EBITDA			65.0			105.7
EBITDA Margin % (GMV)			2.1%			1.6%

Note: For Group, MENA, Americas and Integrated Verticals, revenues, adjusted EBITDA, Gross Merchandise Value (GMV) as well as the respective growth rates are impacted by the Argentinian and/or Lebanese operations qualifying as hyperinflationary economies according to IAS 29 beginning 1 September 2018 and October 2020 respectively. RC = Reported Currency / CC = Constant Currency

1. Difference between Total Segment Revenue and the sum of segment revenues is mainly due to intersegment consolidation adjustments for services charged by the Platform businesses to the Integrated Verticals businesses

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Delivery Hero KPIs (Pro Forma Data)

		2021
in €m	Q 1	Q 2	H1	Q 3	Q 4	F Y	Q 1
Europe
GMV	682.4	718.7	1.401.1	625.9	713.7	2.740.7	706.6
% YoY Growth (RC)	112.9%	71.0%	89.1%	46.8%	25.1%	57.7%	3.5%
% YoY Growth (CC)	112.6%	68.3%	87.5%	45.8%	24.0%	56.4%	3.6%
Segment Revenue	136.6	149.3	285.9	132.7	152.8	571.4	155.0
% YoY Growth (RC)	137.5%	96.3%	114.0%	65.2%	40.0%	76.9%	13.5%
% YoY Growth (CC)	136.5%	92.0%	111.2%	63.6%	38.2%	74.7%	13.7%
Adj. EBITDA			1.0			(34.9)
EBITDA Margin % (GMV)			0.1%			-1.3%
Americas
GMV	420.1	464.3	884.4	513.4	559.9	1.957.8	558.1
% YoY Growth (RC)	159.2%	86.1%	114.9%	70.4%	53.9%	81.8%	32.8%
% YoY Growth (CC)	172.6%	90.9%	123.0%	71.8%	54.0%	85.4%	31.0%
Segment Revenue	107.0	119.9	226.9	131.9	150.7	509.6	149.3
% YoY Growth (RC)	182.8%	109.6%	138.8%	82.1%	67.7%	98.0%	39.4%
% YoY Growth (CC)	196.7%	114.7%	147.4%	83.4%	67.9%	101.6%	37.6%
Adj. EBITDA			(80.2)			(157.5)
EBITDA Margin % (GMV)			-9.1%			-8.0%
Integrated Verticals
GMV	190.7	250.3	440.9	310.9	347.2	1.099.1	410.0
% YoY Growth (RC)	317.4%	246.2%	273.8%	199.6%	133.1%	196.5%	115.0%
% YoY Growth (CC)	354.8%	271.2%	303.6%	204.1%	137.9%	209.1%	121.6%
Segment Revenue	181.6	236.4	418.0	289.8	321.6	1.029.4	373.8
% YoY Growth (RC)	314.6%	237.3%	267.0%	183.8%	127.4%	188.0%	105.9%
% YoY Growth (CC)	351.7%	263.3%	297.3%	187.6%	131.4%	200.3%	111.4%
Adj. EBITDA			(115.8)			(297.2)
EBITDA Margin % (GMV)			-26.3%			-27.0%

GMV is accounted for in the respective Platform segments and shown in the Integrated Verticals segment for illustrative purposes only

39

Definitions

• Gross Merchandise Value (GMV) is the total value paid by customers (including VAT, delivery fees, other fees and subsidies).
• Total Segment Revenue is defined as revenue in accordance with IFRS 15, excluding the effect of vouchers and other discounts.
• Constant currency provides an indication of the business performance by removing the impact of foreign exchange rate movements. Due to hyperinflation in Argentina and Lebanon we have included reported current growth rates for Argentina and Lebanon in the constant currency calculation to provide a more accurate picture of the underlying business.
• MENA revenues, adjusted EBITDA, GMV as well as the respective growth rates are impacted by the Lebanese operations qualifying as hyperinflationary economy according to IAS 29 beginning October 2020.
• Americas revenues, adjusted EBITDA, GMV as well as the respective growth rates are impacted by the Argentinian operations qualifying as hyperinflationary economy according to IAS 29 beginning 1 September 2018.
• Integrated Verticals revenues, adjusted EBITDA, GMV as well as the respective growth rates are impacted by the Argentinian operations qualifying as hyperinflationary economy according to IAS 29 beginning 1 September 2018.
• Contribution margin of own-delivery relates to Platform business and includes the costs of the physical delivery of the order as well as the transmission and support costs of the order (i.e. payment costs, dispatching costs, customer support).

Important Notice

• For the purposes of this notice, "presentation" means this document, its contents or any part of it. This presentation does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, or a solicitation of an offer to purchase, subscribe for or otherwise acquire, any part of it form the basis of or be relied upon in connection with or act as any inducement to enter into any contract or commitment or investment decision whatsoever.
• This presentation is neither an advertisement nor a prospectus and should not be relied upon in making any investment decision to purchase, subscribe for or otherwise acquire any securities. The information and opinions contained in this presentation are provided as at the date of this presentation, are subject to change without notice and do not purport to contain all information that may be required to evaluate Delivery Hero SE. Delivery Hero SE undertakes no obligation to update or revise this presentation. No reliance may or should be placed for any purpose whatsoever on the information contained in this presentation, or any other information discussed verbally, or on its completeness, accuracy or fairness.
• The information in this presentation is of preliminary and abbreviated nature and may be subject to updating, revision and amendment, and such information may change materially. Neither Delivery Hero SE nor any of its directors, officers, employees, agents or affiliates undertakes or is under any duty to update this presentation or to correct any inaccuracies in any such information which may become apparent or to provide any additional information.
• The presentation and discussion contain forward looking statements, other estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("Forward-looking Statements"). These Forward-looking Statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "aims", "plans", "predicts", "may", "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These Forward-looking Statements include all matters that are not historical facts. They appear in a number of places throughout this presentation and include statements regarding Delivery Hero SE's intentions, beliefs or current expectations concerning, among other things, Delivery Hero SE's prospects, growth, strategies, the industry in which it operates and potential or ongoing acquisitions. By their nature, Forward-looking Statements involve significant risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking Statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Similarly, past performance should not be taken as an indication of future results, and nor representation or warranty, express or implied, is made regarding future performance. The development of Delivery Hero SE's prospects, growth, strategies, the industry in which it operates, and the effect of acquisitions on Delivery Hero SE may differ materially from those made in or suggested by the Forward-looking Statements contained in this presentation or past performance. In addition, even if the development of Delivery Hero SE's prospects, growth, strategies and the industry in which it operates are consistent with the Forwardlooking Statements contained in this presentation or past performance, those developments may not be indicative of Delivery Hero SE's results, liquidity or financial position or of results or developments in subsequent periods not covered by this presentation. Any Forward-Looking Statements only speak as at the date of this presentation is provided to the recipient and it is up to the recipient to make its own assessment of the validity of any Forward-looking Statements and assumptions. No liability whatsoever is accepted by Delivery Hero SE in respect of the achievement of such Forward-looking Statements and assumptions.

Investor Relations Contact

Christoph Bast Head of IR christoph.bast@deliveryhero.com

Bruno Priuli Director IR

bruno.priuli@deliveryhero.com

Dennis Bader Director IR dennis.bader@deliveryhero.com

Laura Hecker Manager IR laura.hecker@deliveryhero.com

Sonia Premi Executive Assistant

sonia.premi@deliveryhero.com

ir@deliveryhero.com

T: +49 (0)30 54 4459 105 Oranienburger Straße 70, 10117 Berlin, Germany

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