2023

SUSTAINABILITY GRI REPORT

ABOUT THIS REPORT

This sustainability report covers the operations of emTransit B.V. and its subsidiaries (“Dott”) in the countries where we conducted business in 2023 (i.e. Belgium, France, Israel, Italy, the Netherlands, Poland, Spain, Sweden, and the UK). As of March 2024, Dott has merged with TIER Mobility. This report, however, only covers the calendar year 2023 and therefore the operations of emTransit B.V. (“Dott”) alone.

The annual publication of this report demonstrates our commitment to transparency in sharing our priorities, progress, and learning in our sustainability journey, while avoiding greenwashing. We are constantly monitoring our targets to see where we could raise the bar even further, in order to meaningfully and transparently contribute to the sustainable development of our cities. We regularly review our reporting approach to meet the needs of our investors, regulators and other stakeholders.

REPORT HIGHLIGHTS

We’re unlocking more low-carbon travel through greater accessibility for suburban residents and underserved communities.

We relentlessly pursued circularity,

reworking 18k vehicles and 10k components at our dedicated in-house facilities.

We invested in gender inclusion, making strides in our commitment to be an equitable, diverse, and inclusive employer.

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MESSAGE FROM OUR FOUNDERS

Since our founding in 2018, Dott’s mission has been to free our cities with clean rides for everyone. We set out to deliver local micromobility solutions that are both environmentally and socially responsible. Five years later, through our continued investments in sustainability, we’re making good on this promise.

In 2023, we delivered over 80 million kilometers of low carbon rides. We facilitated a car-free lifestyle for more residents than ever before by expanding our service areas and subsidizing trips for underserved communities. Internally, we reduced our carbon footprint through an increased focus on circularity, extending the lifespan of 18,000 vehicles. Finally, we made significant gains as a diverse and inclusive employer through greater women representation and the founding of 2 Employee Resource Groups (ERGs).

These achievements resonated with our city partners, who share our priorities of safety, sustainability, and accessibility. In all of our major cities where our contract was up for renewal, including Brussels, Lyon, London, Madrid, Milan, Rome, and Tel Aviv, the city chose to renew their partnership with Dott. With longer-term contracts and more sensible regulations,

these partnerships are developing more robust micromobility schemes that better serve the needs of all urban residents.

At the same time, the industry was challenged in a number of ways. A difficult economic climate drove greater focus on profitability, while a vote to ban shared e-scooters in Paris emphasized the importance of responsible operations and closer collaboration with cities. In the face of these challenges, we at Dott remained committed to our core values: We protect our planet, we act transparently, and we keep pushing.

While this was a milestone year for Dott, we are already looking forward to the future. At the start of 2024, we announced a merger with TIER to create the European champion of shared mobility. Combining the success and sustainability expertise of our two companies, we’re writing a new chapter of shared micromobility, with the scale to operate both profitably and responsibly. We hope you’ll join us on the ride.

& Maxim Romain

ABOUT DOTT

ABOUT DOTT

At Dott, we are committed to being the most responsible micromobility partner for cities, delivering mobility solutions safely and sustainably. From day one, we rejected the gig-economy and chose to take care of our operations in-house. This way, we guarantee safety, quality, and reliability while leaving the smallest footprint possible. Our dedicated ground teams of local staff members care for the cities they call home, ensuring safety for everyone, beyond just our riders. Going beyond our service, we actively engage with local organizations to make our communities a better place.

Our mission is to free cities with clean rides for

At the end of 2023, Dott was operating over 50k shared e-scooters and e-bikes in 38 cities across 7 countries. We recorded fewer but longer rides, reflecting our shift from novelty service to a reliable commuting option in our major markets (Brussels, Milan, Paris, Lyon etc.). In every city, we are transforming the way we travel with clean and inclusive rides for everyone.

HEADQUARTERS:

2023: Amsterdam 2022: Amsterdam

2023: 32,601,297 2022: 33,603,491

RIDES:

NO. OF VEHICLES IN MARKET:

2023: 51,835 2022: 48,008

EMPLOYEES: 2023: 770 2022: 655

city

REVENUE:

2023: 65M 2022: 63M

GOVERNANCE

BOARD OF DIRECTORS

6

The highest governance body at Dott is the Board of Directors of emTransit B.V. The Board of Directors is responsible for making decisions which deviate from the company’s approved business plan. The chairman of the Board is an independent shareholder-elected member.

EmTransit B.V. has a single (one-tier) board structure under Dutch law. As of 2023, the Board of Directors consists of six (6) people, namely the CEO and COO, three (3) representatives from major shareholders and one (1) independent director who serves as the company chairman. The length of time each board member has served can be found in emTransit B.V.s business extract from the KvK. As the Board comprises members appointed from the company’s investors, they often hold board seats on multiple enterprises. All directors at present are male. Dott plans to take diversity into account in future appointments to the Board.

The day-to-day management of the company lies with the CEO and COO, who are the two founders of Dott and executive directors of the Board. This includes formulating Dott’s strategies and policies, as well as setting and

achieving its objectives. The remaining Board members are classified as non-executive directors (not involved in day-to-day management). Directors are appointed by shareholders in accordance with the company’s Articles of Association and Shareholders Agreement. Different nomination, appointment and voting rights attach to different shares. Independence, diversity and competencies are key considerations for the shareholders when nominating new Board members.

Each director is entitled to one vote, with a requirement to abstain in the event of a conflict of interest. All resolutions of the Board are taken by simple majority of the votes cast, with the chairman having a casting vote in the event of a tie. The company holds four Board meetings per year and the Board is consulted regularly on key issues. General meetings of shareholders are held in order to approve key matters as required under Dutch Law and the shareholders agreement. The annual budget and business plan, including any changes, are approved by the Board. Certain shareholders have the right to also appoint an observer to the Board, with rights to attend meetings but without rights to speak or vote.

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SUSTAINABILITY COMMITTEE

Dott has formalized its approach to sustainability at the highest level. The Board of Directors has established the Sustainability Committee to provide recommendations to the Board on developing bestin-class regulatory frameworks for low carbon, multimodal and safe mobility, including through data sharing. The Committee comprises seven (7) members, including the Chief Development Officer and the COO and representatives from investors. The members are nominated and appointed by major shareholders and the Board.

The Sustainability Committee is responsible for overseeing the company’s due diligence process and other processes to identify and manage the organization’s impacts on the economy, environment, and people. The Chief Development

For day to day management decisions and oversight of impacts, risks and opportunities, the company has established an executive leadership team. The current members of the executive leadership team are the: CEO, COO, CFO, CPO (Chief People Officer), CPO (Chief Product Officer), CTO, CBO, General Counsel, and the CDO. Managing the organization’s impacts on the economy, environment, and people is specifically delegated to the Chief Development Officer (CDO), who oversees the Sustainability Team.

Officer (CDO) and the COO report to the rest of the Sustainability Committee on a quarterly basis, providing updates on material impacts, risks and opportunities, implementation of due diligence, as well as results and effectiveness of policies and initiatives. The Sustainability Committee has defined ‘tier 1’ and ‘tier 2’ metrics that are reported on, in addition to relevant updates on projects in the company or industry. These updates are then shared with all employees of the company.

The Sustainability Committee has an advisory function to the board. As necessary, with regard to any due diligence process or when entering transactions, issues are escalated to the relevant level of the company for visibility/approval (which includes the Board as may be applicable).

LEADERSHIP TEAM

INTEGRATING GOVERNANCE IN DAY-TO-DAY BUSINESS

To further solidify our stance on being an equitable, diverse, and inclusive company, Dott formed an equity, diversity, and inclusion (ED&I) committee in 2022. Its responsibilities are to set Dott’s ED&I vision and strategy, to define and prioritize goals and deliverables, and to advise leadership on ED&I progress. This committee is made up of six members from throughout the organization, plus the COO and Chief People Officer (CPO), and meets quarterly.

WORKS COUNCILS

• Supplier Code of Conduct • Conflicts of Interest Policy

• Dott Code of Conduct

Dott has established Works Councils in France and the Netherlands. These councils are elected groups, consisting of members from various departments. They represent the interests of the employees in each country and are consulted on matters impacting employees such as the introduction of new policies. They hold monthly office hours which are open to all employees and work closely with Dott’s leadership to make it an exceptional place to work.

• Conflicts of Interest Policy • Anti-Bribery & Corruption Policy

• Anti-Bribery & Corruption Policy

• Competition Law Policy • Travel & Entertainment Policy

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• Whistleblower Policy

All office employees are required to confirm reading and understanding these as part of their onboarding process, and receive annual training on these across the organization. All ground team members are required to read and confirm the Code of Conduct policy in addition to policies regarding company assets, privacy and anti-harassment.

OUR COMMITMENT TO SUSTAINABILITY

Intro About Dott Vehicles Operations Lifecycle Management Modal Shift Inclusive Employment Safety Usability & Affordability GRI Index

OUR COMMITMENT TO SUSTAINABILITY

At Dott, we believe in pollution free cities that are designed

for people, not cars. We envision urban mobility systems that are efficient, accessible, and environmentally sustainable,

and we believe shared micromobility is key to getting there.

Our sustainability framework ensures that, and safety, environmental stewardship, equal

as we work towards this vision, we operate opportunities, and the Dott Code of Conduct,

in a way that is green, safe, useful, and reinforcing our #1 company value: to protect inclusive. The seven (7) goals defined within our planet. this framework support our mission to free

our cities with clean rides for everyone, Sustainability lies at the heart of every team’s

and they link directly to the UN Sustainable mission at Dott, ingrained as a guiding

Development Goals. principle in all decision-making processes. The Sustainability Team operates as a collaborative

All our efforts towards sustainability are based force, working shoulder-to-shoulder with the

on and supported by data-driven metrics, entire organization. By integrating sustainability

which are closely monitored at the Board in our day-to-day work, we foster a collective

level. These commitments are outlined in our effort towards achieving our goals and ensuring

Sustainability Manifestoand supported by that our actions align with our vision for a more

comprehensive policies that encompass health sustainable future.

DOTT SUSTAINABILITY FRAMEWORK:

1. DOTT IS GREEN

Increase use of recycled and recyclable materials in our vehicles Increase use of recycled and recyclable materials in our vehicles

Reuse, upcycle or recycle 100% of used scooters, bikes and parts

Scale second-life applications for our batteries

Full lifecycle management

2. DOTT IS USEFUL, SAFE & INCLUSIVE

100% electric operations fleet

100% renewable energy to support our operations

Responsible & inclusive local employer Reject the gig-economy

Employ Dott team members as fully contracted shareholders

Employ Dott team members as fully contracted shareholders

Build an inclusive and diverse workplace

Useful & affordable for local communities

Ensure equal coverage across areas we serve

Ensure equal coverage across areas we serve Engage in local business partnerships

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Support local NGOs and organizations

Increase accessibility for all audiences

A catalyst for modal shift

Safe for all user groups

2km average ride distance

30% multimodal trips

MATERIALITY:

We have verified that our sustainability framework mirrors what matters most to our business and stakeholders and covers our main ESG risks and opportunities by carrying out a materiality assessment at the end of 2021.

Dott sought third party expertise for this and was assisted by sustainability consultant Anthesis during the entire process. Anthesis benchmarked Dott against peers, sustainability frameworks, industry best practice and then asked the opinions of a variety of internal and external stakeholder groups through interviews, surveys and a workshop.

Our Stakeholders:

• Employees

The stakeholder groups were identified through internal engagement with country and departmental representatives. We made sure we considered the individuals and groups who our business and activities impact, as well as those who impact on our business.

• Dott users

• Government organizations

• Industry organizations

• Investors

• Suppliers

The output of this exercise aligned with our existing sustainability framework goals and validated the approach we have taken so far.

• Charities

• Public safety groups

• Academia

EVALUATION OF MATERIAL TOPICS

• Not identified as material topic by external stakeholders

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GREEN VEHICLES

GREEN

GREEN

GREEN VEHICLES

VEHICLES

VEHICLES

In 2023, our primary focus was on our fleet, with two major achievements from an environmental standpoint. Firstly, Dott in-house reworks successfully extended the lifespan of 18,000 e-scooters. Building on the success of this project, we also expanded key repair lines of vehicle components, and maximized durability of 10,000 parts including IoT modules, motors, and bike tires. Our engineering team is integrating circularity into our core repair operations, aiming to extend the lifespan of our key products and reduce reliance on carbonintensive manufacturing processes.

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Emissions from manufacturing and shipping new vehicles are the largest share of our total emissions and those over which we have the least control. By choosing refurbishment over purchasing new vehicles, we postpone this environmental impact. Extending the service life of 18,000 vehicles for an estimated four years translates into comprehensive savings of 3,000 tons of CO emissions, 2 alongside diverting 400 tons of waste from disposal and preserving natural resources.

Extended Lifespan

Our vehicle refurbishment program is running at full scale, and this year we managed to extend the lifespan of 18,000 scooters. The 7,000 Gen 2 scooters and 11,000 Gen 3 scooters had traveled an average of more than 2,000km each prior to being reworked. Following their refurbishment, they will travel 5,000km more in our European markets including Lyon, Rome, Turin and Malaga.

SCOOTER REWORKS: 18K VEHICLES REWORKED

Centralized Rework Hub

Scaling up our reworks lines entailed a large investment in a dedicated team and facility. The Phoenix reworks hub in Warsaw is Dott’s first in-house repair & rework hub, running at the highest standards of operational excellence.

The technical center is powered with 100% renewable energy from onshore wind farms and fully equipped for large-scale operations. Dott’s dedicated team is composed of 40 internal mechanics undergoing specialized periodic training. Each scooter is completely disassembled and sorted into parts for either repairing, reusing or recycling, then renovated and painted. New components including a GPS module, phone holder, and enhanced safety measures are implemented to upgrade our fleet to the latest standards of quality. A final quality check is performed before the scooter is ready to be put back on the road.

By keeping these operations fully in-house, we ensure control over safety, quality and environmental impact. This is also the right thing to do for our teams, as we create local, high-quality jobs for the community.

IoT modules

In 2023, we repaired 5,000 IoT units, acting on wear & tear and electronic faults, with a 96% repair success rate. An IoT module is a compact technology composed mostly of electronic cables and sensors, which is integrated onto each scooter and bike, allowing for remote monitoring and control. In simple terms, IoTs serve as the tiny smart brains of our vehicles. Our centralized IoT rework line is managed by specially trained technicians, and currently has the capacity to repair 350 units per week, saving 12 tons of CO e per week. 2

COMPONENT REWORKS: 10K COMPONENTS REPAIRED

Motors

Our motor repair line has successfully diagnosed and repaired 1,100 motors in our Milan technical center. Our repair team disassembles the motor, cleans and inspects its components and replaces any damaged parts. During reassembly, a customized metal plate is integrated into the motor for enhanced durability and protection.

We upgraded 4,000 bike wheels for safer rides with shock-absorbing, high-adherence air tires. Air tires are easier to repair than solid wheels and minimize vehicle micro-shocks and vibrations, providing the best protection for the hardware over the long term. We recycled 100% of old components with Venanzieffe, our specialized, ISO-certified local partner in Milan.

Bike tires

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GREEN OPERATIONS

GREEN

GREEN OPERATIONS

GREEN OPERATIONS

Our in-house model is designed to leave the smallest trace possible. In 2023, we optimized city operations with more electric vehicles and on-street repairs. This, combined with our extended vehicle lifespans, contributed to an overall reduction of our carbon footprint by 20%. We are now operating at 75 gCO e/ 2 km with our top 5 markets consistently below 50 gCO e/km and on the right 2 track towards our long term 20 grams objective.

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OPTIMIZED CITY OPERATIONS: -20% DIESEL CONSUMPTION

OPTIMIZED CITY OPERATIONS:

Decarbonized Service Fleet

We added 17 new cargo bikes to our service fleet for vehicle pickups, rebalancing and battery swaps. 72% of our rides are now supported by zero-emissions street operations, including e-vans and cargo bikes, powered by renewable energy. In pursuit of our goal of 100% electric operations by 2025, and 50% lower scope 1 emissions by 2030, we will continue transitioning our operational fleet to e-vans and cargo bikes, as well as piloting lightweight, low carbon solutions, such as e-mopeds and adapted trailer bikes in 2024.

We want to seamlessly integrate within the urban ecosystem. Our goal is to limit logistics trips to minimize traffic congestion, pollution and noise. Our operations team identified opportunities to perform minor vehicle repairs directly onstreet, avoiding unnecessary trips to and from our operational centers. For example, on-street tire inflation reduced tire repair tasks by 57%, significantly reducing trips to the operational center. We’ve also optimized our service logistics with our proprietary Smart Routing algorithm, reducing kilometers driven for logistics in the first place. As a result, our city operations achieved a 20% reduction in diesel consumption.

20% LESS DIESEL

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CARBON FOOTPRINT: 20% LOWER TOTAL EMISSIONS

In 2023, we achieved a 20% reduction in our overall emissions thanks to our commitments to circularity and leaner city operations. We are now operating at 75 gCO e/km, well below our 2023 yearly target of 2 80 gCO e/km. Our top 5 markets are consistently operating below 2 50 gCO e/km for the second year in a row. Our best performing market, 2 Lyon, operated at 28 gCO e/km in 2023, on par with public transport. 2

In 2023, we achieved a 20% reduction in our overall emissions thanks to our commitments to circularity and leaner city operations. We are now operating at 75 gCO e/km, well below our 2023 yearly target of 80 gCO e/km. Our top 5 markets are consistently operating below 50 gCO e/km for the second year in a row. Our best performing market, 1 Lyon, operated at 28 gCO e/km in 2023, on par with public transport.

This trajectory sets us on the right track towards our long-term targets. Since 2020, we have set targets approved by the Science Based Target Initiative (SBTi), to reduce our Scope 1 and 2 emissions by 50% by 2030, in alignment with a 1.5 degrees scenario set by the Paris Agreement. Our internal target goes further than that and also takes into account Scope 3, targeting 20 grams/km overall by 2025.

Progress towards targets: This trajectory sets us on the right

Carbon offsetting: To date, we have been certified

Carbon offsetting: To date, we have been certified carbon neutral through offsetting our emissions with VCS (Verified Carbon Standard) projects. Considering the growing controversy around the transparency and accountability of such programs, and that our first priority is reducing our impact at the source, we have decided to focus our future investments on furthering our carbon reduction efforts instead of offsetting.

Our proprietary CO Model tracks 2 our carbon footprint on a monthly basis in every city we operate. It was created in partnership with CO Logic 2 in 2020, in line with methodologies from the GHG Protocol and ISO 14069. Every year, we revise and improve the model and undergo an external third party audit.

Our model addresses scopes 1, 2 and 3 of our carbon footprint. It serves as a comprehensive tool for tracking, identifying, and driving relevant reduction efforts. This is why the model does not only show scopes 1, 2 and 3, but emissions are categorized according to their origin: corporate, operations and vehicles. This allows us to monitor our footprint and quantify the impact of our reduction initiatives.

Dott’s CO Model 2

The approachable interface of the user-friendly model allows Dott employees to easily understand key drivers of emissions. Every Dott team member can access the model, empowering them to take responsibility and reduce carbon footprint within their sphere of influence.

• Office Energy • Commute

CORPORATE

Factors: • Office Energy

• Commute • IT

• Business Travel

• IT • Business Travel

OPERATIONS

Factors: • Fleet management

• Fleet management • Warehouse energy

• Warehouse energy • IT

• IT

VEHICLE

Factors: • Depreciation

• Depreciation • Maintenance

2023 actions to reduce emissions: • Incentivized bike/scooter

• Limiting data storage • Stricter enforcement

• Incentivized bike/scooter commuting for employees • Limiting data storage

• Spare parts

• Loss • End-of-Life

• Stricter enforcement of travel policy

• End-of-Life • Spare parts

2023 actions to reduce emissions: • Increasing number of

• Warehouse energy efficiency

• Increasing number of e-vans and cargo bikes • Optimized logistics trips

• Optimized logistics trips with on-street repairs • Warehouse energy efficiency

Methodologic note: carbon footprint numbers, even when validated by external parties, are not always comparable between micro mobility operators due to different assumptions and methodologies used. For example, Dott does not deduct emissions due to recycling and end of life management, we take the most conservative assumptions for all production activities and include our HQ activities in our numbers.

2023 actions to reduce emissions: • Lifespan extension reworks

• Lifespan extension reworks (vehicles & components) • Loss rate reduction

• Reduction of waste, increased % of recycling

FULL LIFECYCLE MANAGEMENT

FULL LIFECYCLE

FULL LIFECYCLE

FULL LIFECYCLE MANAGEMENT

FULL LIFECYCLE MANAGEMENT

We responsibly manage our vehicles and components throughout their entire lifecycle. We ensure every salvageable part is reused or repaired to its full potential before considering it as waste. With consistent waste management and a circularity-driven approach, in 2023 we successfully halved operational waste and sent 99% to recycling through local certified partners. Collaborating with Bib, we also provided second life applications for over 1,200 Dott batteries, powering an electric boat for many years to come.

% of waste recycled

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WASTE MANAGEMENT: 49% LESS WASTE, 99% RECYCLED

Repair-first

Waste management in all our warehouses is guided by the waste hierarchy principle. In 2023, we emphasized our “repair-first” hardware policy across all warehouses and cut in half our operational waste. Every broken vehicle is disassembled according to our Standard Operating Procedures, so that all repairable components are quality checked and sorted to be re-used. This circular approach optimizes availability of spare parts and minimizes creation of waste, driving us towards our vision of zero waste to landfill.

Local, Certified Recycling

We consider materials as waste only when all other possibilities for repair or reuse have been exhausted. In 2023, we hit the milestone of 98.9% of operational waste going to recycling, thanks to continuous monitoring and strong collaboration with local, ISO-certified partners.

2023 WASTE COLLECTED

BATTERY LIFECYCLE MANAGEMENT: 1,200 BATTERIES REUSED

Improved Diagnosing & Repair

Dott battery management prioritizes safety over all, with comprehensive guidelines on how to handle, store, charge and repair batteries. In case of damaged batteries, our dedicated teams perform thorough diagnostics to determine whether they can be repaired or should be recycled. In 2023, we piloted a new diagnostic algorithm with our partner Bib. Battery state of health is monitored via data analysis of voltage, kilometers travelled, charging cycles, and temperature. This data then informs the decision of whether a battery can be repaired or should be sent to second life applications.

When it comes to battery repairs, Nowos is our longstanding partner for safe and efficient execution. Dott & Nowos’ Vehicle Engineering teams collaborate closely to identify hardware failures, root causes and repair solutions. 4,000 diagnosed batteries from Dott have been identified to undergo deep refurbishment in Nowos repair centers in France.

Maximized Second Life

We ensure that every battery lifespan is maximized by collaborating with selected partners in the circular economy. In 2023, 1,290 Dott e-scooter batteries were given a second life with our partner Bib by powering an electric boat. In this way, we avoided the emission of 67 tCO e needed to 2 manufacture new batteries. The process was quite simple, and it took approximately three weeks to transfer the batteries to the boat. Ultimately, the boat was renovated and retrofitted with a super-efficient electric motor and a modular battery built from upcycled cells. This project helped power a new form of green transport for many more years to come.

Damaged batteries that can not be repaired nor reused are recycled with specialized & certified partners, in adherence with EU regulations. We also work with Screlec to improve materials recovery rate during the battery recycling phases, aiming for a 90% recovery of rare metals.

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CATALYST FOR MODAL SHIFT

CATALYST FOR

CATALYST FOR MODAL SHIFT

CATALYST FOR MODAL SHIFT

2. Cars, taxis, ride-hail, mopeds, or motorcycles

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METROPOLITAN TRAVEL: 63% OF TRIPS USED FOR COMMUTING

METROPOLITAN TRAVEL: 63% OF TRIPS USED FOR COMMUTING

63% OF TRIPS USED FOR COMMUTING

Our ridership has evolved beyond occasional riders, becoming a frequent choice for commuters and an integral part of cities’ modal mix. In 2023, we conducted a thorough survey on the 3 travel habits of our riders , allowing us to calculate that 63% of trips are used for commuting, and 60% of riders use Dott at least once a week. Our average trip distance has also increased by 4% on e-scooters and 7% on e-bikes, demonstrating how our service continues to be used for meaningful trips. In 2024, we will focus on improving the availability of our service, so that users can always find a Dott for their daily trips.

Everyday Trips

Suburban Connections

In 2023, we expanded our service areas to more suburban communities in Paris, Rome, Stockholm, and Tel Aviv to support the travel of commuters who live in these peripheral areas. 18% of our riders now live in the suburbs of the cities we serve, and this figure is as high as 43% in Grenoble and 37% in Turin, where we’ve already operated throughout the greater metropolitan area for several years. This expansion also connects our riders to more destinations across the metropolitan area, as 33% of riders use Dott to reach areas inaccessible by public transport.

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Dott expands the reach of public transport networks by enabling riders to get to or from public transport services that otherwise may not be accessible by foot. We estimate Dott added 1.8 million trips to local public transport systems in 2023. According to our rider travel habit survey, 43% of Dott trips connect with public transport, and 13% of these would not have used public transport otherwise.

Network Accessibility

This, in turn, makes public transport a more convenient option for urban travelers. 49% of these new Dott + public transport trips would have otherwise used polluting modes such as cars, taxis, ride-hailing, motorcycles, or mopeds.

AMPLIFYING PUBLIC TRANSPORT: 1.8 MILLION TRIPS ADDED TO PUBLIC TRANSPORT

Service Integration

We integrate with mobility planning apps through Mobility as a Service (MaaS) partners to make it even easier to combine a Dott trip with public transport. In 2023, we integrated with the mobility planning app Madrid Mobility360, and were the first operator to fully integrate in the Floya app in Brussels with both e-bikes and e-scooters.

To make intermodality more affordable, we partnered with the municipality of Ferrara to offer discounts to public transport subscribers, saving riders over €2,750 in 2023. 50% of our riders also have a public transport subscription, and this is as high as 69% among 18-24 year olds. Finding these opportunities for price synergies therefore reduces the cost burden of intermodality.

TRIPS CONNECT

43% WITH PUBLIC TRANSPORT

REDUCING CAR USE:

REDUCING CAR USE: 21 MILLION KM OF POLLUTING TRAVEL REPLACED

REDUCING CAR USE: 21 MILLION KM OF POLLUTING TRAVEL REPLACED

Car-Free Lifestyle

In addition to amplifying public transport, Dott offers a convenient option for trips where using public transport may not be feasible. In this way, we enable a car-free lifestyle in our cities. Our 2023 rider survey found that 62% of riders who previously traveled by car, taxi, or ride-hail have reduced such usage since starting to use Dott. With 26% of trips directly replacing these polluting modes, we replaced an estimated 21 million kilometers of polluting travel in 2023, which 4 equates to over 2,250 tonnes of CO avoided 2

Responsible Tourism

On World Tourism Day, we announced a partnership between Dott and Ostello Bello, a leading accommodation provider across Italy. With discounts for those staying at Ostello Bello locations in Rome and Milan, this collaboration was crafted to inspire tourists in these cities to embrace e-scooters and e-bikes while exploring the city, rather than polluting modes. Access to shared micromobility also allows tourists to freely explore less central neighborhoods of the city, which are equally beautiful and rich in culture. We ensure these riders are well-informed about the safe use of micromobility and ride responsibly throughout the city during their stay.

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RESPONSIBLE AND INCLUSIVE

EMPLOYER

RESPONSIBLE AND INCLUSIVE EMPLOYER

In 2023, we doubled down on our commitment to being an equitable, diverse, and inclusive employer through a data-driven strategy. We made progress towards gender parity and fairer pay, including measuring our gender pay gap for the first time. We also made Dott a more inclusive and supportive workplace through the launch of two employee resource groups (ERGs) and a number of learning and development programs.

5. Due to the low representation of women in our ground teams, we report these figures separately so as not to distort the total figure. We are actively working to recruit more women to our ground teams.
6. A negative wage gap implies women are paid more than men on average.

ED&I STRATEGY: 5 KEY IMPROVEMENT AREAS

In 2023, our Equity Diversity & Inclusion (ED&I) committee set a 5-point strategy to improve ED&I at Dott, based on the improvement areas identified in our 2022 audit by the Clear Company. Each pillar of the strategy is linked to a key objective:

• Equitable pay: <5% gender pay gap by 2026

• More diverse leadership: 50% of leadership roles held by women by 2025 • Education & awareness: 5 hours

• Education & awareness: 5 hours of ED&I learning time for each employee per year • Environment of belonging: Employee

• Environment of belonging: Employee Net Promoter Score (eNPS) >40 by 2025

Employee Survey

Employee Survey To ensure the relevance of our strategy and to understand the current state of diversity & inclusion among office roles at Dott, we conducted an ED&I survey of office employees. 156 employees took the survey, reflecting 73% of our office staff. The results revealed high feelings of belonging and inclusion, with 88% of respondents expressing they feel like they belong at Dott and 84% agreeing perspectives like theirs are included in decision-making. The survey results also identified key areas

The survey results also identified key areas where progress is needed. Most significantly, employees identifying as a racial minority or a member of the LGBTQ+ community were less likely to report having received a promotion since joining Dott. As we progress towards more diverse leadership and equitable pay, we will therefore consider intersectionality and inequities beyond gender. A similar survey has already been conducted for ground staff at the time of writing, and the results of both surveys will inform our 2024 ED&I strategy.

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DIVERSITY & INCLUSION: +14PP WOMEN IN MANAGEMENT POSITIONS

Gender Parity

We made gains in the representation of women within every function across the company in 2023. Most significantly, many of these gains occurred in leadership positions. The percentage of management roles held by women increased by 14 percentage points from 2022 to 39%. Women also represent 30% of the executive team, up 6 percentage points since 2022. While there is still work to be done to achieve a truly representative leadership and workforce, these increases are a clear step forward. In 2024, we will audit and improve the inclusiveness of our recruitment and promotion processes to further this trend.

Employee Resource Groups In 2023, Dott’s first two employee resource

In 2023, Dott’s first two employee resource groups (ERGs) were launched to foster a more diverse and inclusive workplace:

Pride ERG: founded to build community and greater inclusion for the LGBTQIA+ community within Dott, as well as actively advocate for LGBTQIA+ causes within our cities. Since its founding, Pride ERG has consulted Dott’s leadership on LGBTQIA+-related topics, volunteered for World Aids Day, and shared company-wide communications on visibility days.

Dott for Women: founded to foster inclusion, empowerment, and community for women at Dott. Established late in 2023, the ERG has identified 5 key initiatives for 2024: • Increase women in the ground team

• Increase women in the ground team • Launch a mentorship program • Host monthly “She Talks” events to highlight women-led speakers

FAIR PAY: 100% EMPLOYEES PAID COMPARABLE TO INDUSTRY

In our compensation processes, we prioritize consistency, transparency, and fairness. We collaborate with an external salary benchmarking company that provides data from over 3000 companies in comparable industries and sizes in locations we employ. This data allows us to create salary bands specific to each level, job function, and location within Dott. We then conduct an annual compensation review to re-evaluate the salary bands based on changing market conditions and adjust salaries accordingly.

In 2023, we raised the salaries for all employees who were more than 20% below the midpoint of their salary band. The average ratio of an employee’s salary to the midpoint of their salary band is now 0.96, meaning that, on average, employees are paid just 4% under the midpoint. We target an average ratio of 1, indicative of an even distribution across salary bands.

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Beyond industry comparability, we are focused on eliminating gender pay disparities. We internally released our first gender pay gap report in 2023, revealing a pay gap of 13% within office roles. This means the average woman in an office role at Dott is paid 13% less than the average man. This gap is driven by the underrepresentation of women at more senior levels. Looking at the distribution of staff across levels and by gender, we see that women are more concentrated at level 6, compared to men who are more concentrated at level 8. The ED&I committee is therefore investigating initiatives to improve the promotion rate of women to these higher levels. We’ve targeted a pay gap of less than 5% before 2026 and plan to update this pay gap report annually to track our progress.

% of Staff at each Level by Gender

LEARNING AND DEVELOPMENT: 500+ HOURS OF VOLUNTARY LEARNING

LEARNING AND DEVELOPMENT: 500+ HOURS OF VOLUNTARY LEARNING

Ride Your Future

After its success in Paris and Brussels in 2022, we brought our voluntary education program, Ride Your Future, to our ground teams in Milan and Rome in 2023. 21 employees completed the training and received certificates.

Ride Your Future trains ground staff on professional soft skills, such as software tools, communication, management, and organization. Classes are administered one day per week during paid working hours, for a period of six to seven weeks. Through this initiative, we address persistent opportunity gaps faced by team members from underprivileged educational backgrounds and ensure that all our team members can reach their full potential.

Leadership Program

To empower managers to lead inclusively and effectively, we launched a Leadership Program in 2023, completed by 32 managers from across the organization. There were 5 key modules: leading the self, empowering your team, difficult conversations, leading with empathy, and strategic leadership. We will launch the second iteration of this program in 2024, including modules related to ED&I.

LinkedIn Learning

We prioritize learning for all of our employees to support their continued growth. Throughout 2023, all Dott employees had access to the LinkedIn Learning platform. This platform hosts thousands of courses taught by experts on a wide range of software, creative, and business skills. 454 courses were completed by Dott staff for a total of 455 hours spent learning. Each month, the employee who completed the most courses was named the Top Learner of the Month, empowering employees throughout the organization to prioritize learning and development.

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SAFE FOR ALL

We take a holistic approach to safety, protecting our riders, employees, and communities. In 2023, we further decreased the injury rate on our vehicles by 19% through in-person and in-app safety campaigns, as well as testing new technologies to limit poor riding behavior. We also continued to invest in our unparalleled operational safety through greater standardization, resulting in ISO certifications in Brussels, London, and Milan.

SAFE FOR ALL

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SAFE FOR RIDERS: 19% DECREASE IN RIDER INJURY RATE

We hosted over 30 in-person training events across our cities, empowering over 1,500 people to operate our vehicles safely. We offered trainings in 6 cities across France as part of Mai à Velo events, as well as virtual reality trainings in Brussels in partnership with VIAS for European Mobility Week. Several of our training events were held in partnership with universities, such as OMNES, Politecnico di Milano, and Università di Roma, helping students learn how to use our service safely and park properly.

Safety Campaigns

In partnership with Legambiente, the leading environmental association in Italy, we’ve launched the country’s first micromobility Vademecum, outlining essential rules and best practices for shared e-scooter usage. We created joint social media campaigns to promote the Vademecum and how to ride safely, reaching an audience of over 8k.

To remind users of how to ride safely, we conducted a number of in-app safety campaigns, reaching more than 300k users. These included pop-ups reminding users to ride sober during the winter holidays, and to ride safe at night during daylight savings.

Intro About Dott Sustainability Vehicles Operations Lifecycle Management Modal Shift Inclusive Employment Usability & Affordability GRI Index

SAFE FOR COMMUNITIES:

95% OF RIDING TIME SPENT ON ROADS AND BIKE LANES

Parking Technology Sidewalk Riding Detection

On average, 97% of our fleet Continuing our partnership with Luna,

is parked properly. In 2023, we conducted pilots of computer vision

we tested new technological technology to detect sidewalk riding in solutions to further increase Lyon and Brussels. These pilots allowed

parking compliance, keeping us to better understand the frequency pedestrian spaces safe and and root causes of sidewalk riding, in

orderly. We piloted Captur order to properly mitigate dangerous AI technology in London, riding behavior. After analyzing over

Grenoble, and Madrid, which 1000 rides in each city, it was found

uses AI to automatically scan that riders spent 95% of their time on

riders’ end of ride photo and roads and bike lanes, rather than on

evaluate whether the vehicle the sidewalk. Over 65% of instances

is properly parked. If not, of sidewalk riding were attributable to

users are prompted to re-park external factors, such as infrastructure.

and take a new photo. This The results of these pilots were shared

increased parking compliance with the relevant municipalities to inform by up to 20% in Madrid. safe infrastructure design.

SAFE OPERATIONS:

SAFE OPERATIONS:

SAFE OPERATIONS: 91% OPERATIONAL CENTERS AUDITED;

91% OPERATIONAL CENTERS AUDITED; 3 NEW ISO CERTIFICATIONS

91% OPERATIONAL CENTERS AUDITED; 3 NEW ISO CERTIFICATIONS

Thanks to our battery management safety standard, no thermal battery incidents occurred in 2023. Every team member is extensively trained for appropriate handling, charging, storage, and treatment of batteries. Our batteries are charged in certified fireproof cabinets that can self-contain a fire for a minimum of 90 minutes, and are connected to alarm systems.

Safety Standardization Dott’s operational model ensures the

Dott’s operational model ensures the highest level of safety in the delivery of our service. In 2023, we published a Quality, Health and Safety Policy standard, which clearly defines our health and safety principles and procedures, aligned with ISO norms. These standards are set by our global Quality, Health and Safety Team, and put into practice by local Health and Safety Champions, ensuring the highquality standardization of our processes across all markets.

Dott Academy

We’ve expanded our internal training platform, Dott Academy, to ensure our employees are well trained on these standards. This platform now hosts more than 80 unique tutorial videos on maintenance and operational SOPs, each translated into the local languages of our cities. Thus far, 49% of all of our ground team members have been fully certified on their relevant trainings, with plans to train the remaining team members in 2024.

Audits & Certification

Our high safety standards have also been further recognized externally through ISO certification in 3 new cities. Our operational centers in Brussels, London, and Milan joined our centers in Lyon and Rome in earning ISO 14001 and 45001 certification for our quality management systems, as well as our occupational health and safety management systems.

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USEFUL AND AFFORDABLE

FOR LOCAL COMMUNITIES

Intro About Dott Sustainability Vehicles Operations Lifecycle Management Modal Shift Inclusive Employment Safety GRI Index

USEFUL AND AFFORDABLE

FOR LOCAL COMMUNITIES

To truly free our cities with clean rides for everyone, our service must be

accessible to everyone. To this end, we’ve made our service even more affordable,

through targeted discounts for underprivileged communities, and even easier to use, through investments in state-of-the-art support features. Going beyond our

service, we continue to partner with local organizations who are working to make

our communities a better place through our Helping to Help program.

KPI 2023 2022 Trend Target

Average % of fleet orderly parked 97% 97% +0 >95%

AFFORDABILITY & ACCESSIBILITY: 17K+ SUBSIDIZED TRIPS FOR UNDERSERVED COMMUNITIES

Your Way Home

As a 24/7 service, micromobility can be a safe option for individuals to get home at night, especially women & LGBTQ+ individuals who may not feel comfortable walking or taking public transport after hours. According to our most recent rider survey, 33% of women riders use Dott to get home safely at night.

To maximize this benefit of our service, we partnered with Your Way Home, a student-led nonprofit organization dedicated to fostering secure travel experiences for women and the LGBTQ+ community. Through their platform, individuals can report areas within the city where they feel unsafe traveling. Our pilot program, already launched in the city of Milan, provides discounts on our service to users of the Your Way Home platform. The partnership therefore both expands access to safe travel for vulnerable communities and promotes usage of their platform, which can in turn inform safer urban design.

Brussels Micro-Subsidy Pilot

To improve the affordability of our service and access to mobility in disadvantaged areas, we piloted a “microsubsidy” program in Brussels. Supported by the EUfunded Molière project, we discounted rides starting in low-income areas with limited access to public transport by up to 70%. In the 2.5 month pilot, we subsidized 17,283 trips, generating 442 more rides than the typical ride volume for this time period. This also inspired longer tripmaking on Dott, with 10% of subsidized rides exceeding 5km, compared to only 7% of all rides. Following the success of this pilot, we plan to work with our city partners to trial larger scale micro-subsidy schemes in more markets in 2024.

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SUPPORTING RIDERS:

95% USER SUPPORT SATISFACTION

SUPPORTING RIDERS:

95% USER SUPPORT SATISFACTION

Efficient Support

In a continued effort to make our service easier to use, we significantly enhanced our customer support framework in 2023, particularly focusing on Self Service in our app. This strategic investment led to 40% of customer support interactions being autonomously resolved in two minutes or less. This also allowed us to respond to all customer support requests 50% faster than the previous year, with an average response time now under 3 hours.

Smooth Parking

We also introduced realtime support through live chat, focusing on user parking education and troubleshooting across all markets. Directly within our app, riders are connected with specialized agents, providing immediate access to guidance and support. As a smooth parking experience is critical to both our user experience and our proper integration in the public space, providing swift access to support in this process is essential. This led to an average of 97% of our fleet parked properly and an overall user satisfaction rate of over 95% for the year.

Center of Excellence

In 2023, we were thrilled to unveil our Center of Excellence in Warsaw, where our rider support services are now centralized. This center highlights our commitment to providing industry leading, in-house customer support and community engagement. It ensures our support staff are well-trained, aligned with our mission, and well connected with our service on the ground, enabling them to provide exceptional service and meaningful engagement with our communities.

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HELPING TO HELP: 5 NEW PARTNERSHIPS

For Pride Month, we supported LGBTQ+ communities across Europe by making it easier for people to take part in their local Pride celebrations. We shared a promo code with riders in all of our cities for 50% off 2 rides on the day of the Pride parade in their city. This offer enabled more than 5,500 riders to celebrate pride more affordably.

Pride Month

In Tel Aviv, we also partnered with Hoshen, the Israeli LGBTQ+ Education and Information Center. Our scooters displayed a hang tag with the slogan of the campaign, “The freedom to be proud, the road to change starts with you”. Riders could scan the QR code on the hangtag to access information on Hoshen and a promo code for our service. We also shared in-app messaging to raise awareness of Hoshen, and decorated our helmets with special pride-themed stickers.

World AIDS Day

As part of World AIDS Day, Dott renewed its partnership with the French association AIDES, which has been fighting HIV/ AIDS and other STDs for 40 years. On December 1, we put out a call for donations on our social networks to benefit the association. Employees from our Paris office also volunteered in person, helping to set up the organization’s “Braderie de la Mode” fundraiser.

The Bike Project

In Lyon, our teams collected 18kg of clothing, books, linens, and childcare items to donate to local associations supporting vulnerable populations. This was part of Noël Solidaire, a collection among hundreds of companies in the region to ensure the comfort of these populations throughout the winter.

GRI INDEX

Green Vehicles

| GRI 302 | 302-1 | Energy consumption within the organization | | Primary data (invoices) used to calculate warehouse energy consumption. Secondary data (# of employees * average consumption of energy per employee) used to calculate office energy consumption. • Fuel consumption from non-renewable sources (including: gray electricity, Diesel, natural gas): 20,497,820 MJ • Fuel consumption from renewable sources (including geothermal, biomass, hydraulic, wind, solar): 12,926,549 MJ • Electricity consumption: 4,597,861 Kwh • Natural Gas consumption: 1,200,555 Kwh • Energy consumption: 33,424,370 MJ

Source of conversion factors: European Environment Agency 2020. Not reporting on total amount of electricity, heating, cooling, steam sold as not applicable. | | --- | --- | --- | --- | --- | | GRI 302 | 302-3 | Energy intensity | | 0.42 MJ/Km ridden on a Dott vehicle. The ratio uses only energy consumption within the organization, and includes all types of energy(fuel,Diesel,electricy,Natural gas) | | GRI 305 | 305-1 | Direct(Scope1)GHG emissions | 17 | Scope1:700tCO2e.GHGgassesincluded:CO2,CH4,N2O,HFCs,PFCs,SF6,NF3.Baselineyearis2020(firstyearwecollatedemissionsdata),whenScope1emissionswere550tCO2e.Operationalcontrolconsolidationapproach.SourceofemissionfactorsandGWPrates:BC.8.4,BC.8.5,EEA2020,AIB2021,AIB2020,IEA2019,B.C.8.4.Ecoinvent3.8,Eoinvent3.9,Odysee-Mure.SeeCarbonFootprintsectionformoreinformation. | | GRI 305 | 305-2 | Energyindirect(Scope2)GHG emissions | 17 | Scope2:190tCO2eq.GHGgassesincluded:CO2,CH4,N2O,HFCs,PFCs,SF6,NF3.Baselineyearis2020(firstyearwecollatedemissionsdata),whenScope2emissionswere332tCO2e.Operationalcontrolconsolidationapproach.Sameemissionfactors,standards,methodologies,assumptionsusedforScope1,2,3.SeeCarbonFootprintsectionformoreinformation. | | GRI 305 | 305-3 | Other indirect (Scope 3) GHG emissions | 17 | Scope 3:5,099 tCO2eq.GHG gasses included:CO2,CH4,N2O,HFCs,PFCs,SF6,NF3.Baseline year is 2021(first year we started collating emissions data including Scope 3),when Scope 3 emissions were 2,595 tCO2e.Operational control consolidation approach.Same emission factors,standards,methodologies,assumptions used for Scope 1,2,3.Scope 3 emissions include:Employee commuting,IT equipment manufacturing,business travels,vehicle & components manufacturing and transportation,end of life process.See Carbon Footprint section for more information. | | GRI 305 | 305-4 | GHG emissions intensity | 17 | GHG emissions intensity ratio:75gCO2e/km ridden on a Dott vehicle.Intensity ratio includes Scope 1,2 and 3 GHG emissions.See Carbon Footprint section for more information. | | GRI 305 | 305-5 | Reduction of GHG emissions | 19-20 | GHG emissions reduced by 20% vs 2022.SBTi targets to reduce Scope 1 and 2 GHG emissions by 50% by 2030 compared to 2020(baseline year).Scope 1 vs 2020+27%;Scope 2vs 2020-43%.Reductions of GHG emissions are also measured in intensity as Dott is a scaling business:-61%gCO2e/km compared to 2020.See Carbon footprint section for more information. |

Full Lifecycle Management

11.841k g

Catalyst for Modal Shift

Responsible & Inclusive Employer

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