Lyft, Inc.

Good afternoon and welcome to the lift first quarter 2023 earnings call at this time all participants are in a listen only mode to prevent any background noise. Later, we will conduct a question and answer session and instructions will be given at that time, if anyone should require operator assistance, please press star then zero on your touch tone telephone as a reminder this conference call is being recorded. I would now like to turn the conference over to Sonia Banerjee, Head of Investor Relations. You may begin.

Thank you. Welcome to the Lift Earnings Call for the first quarter of 2023. On the call today, we have our CEO, David Risher, our CFO, Elaine Paul, and our co-founder and board chair, Logan Green. In addition, John Zimmer, our co-founder, president, and vice chair, and Kristen Speracek, our president of business affairs, are here for the Q&A session. We'll make forward-looking statements on today's call relating to our business strategy and performance, future financial results and guidance. These statements are subject to risks and uncertainties that could cause our actual results to differ materially from those projected or implied during this call. These factors and risks are described in our earnings slide deck and our recent SEC filings. All forward-looking statements that we make on today's call are based on our beliefs as of today, and we disclaim any obligation to update any forward-looking statements except as required by law. Our discussion will include non-GAAP financial measures, which are not a substitute for our GAAP results. Reconciliations of our historical GAAP to non-GAAP results may be found in our earnings materials, which are available on our IR website. And with that, I'll pass the call to Logan.

Thanks, Sonia. Good afternoon, everyone, and thank you for joining us. The team is going to address a few big developments on today's call. I'm going to kick things off by talking about our leadership transition. I'm excited to pass the baton to David Risher, who is now Lyft's second ever CEO. That change was effective on April 17th. John will also be transitioning from his role as president early this summer. David is an incredible, proven leader, and he's going to be great for Lyft. His experience on our board give him a strong appreciation for the incredible opportunities ahead of us and a clear view of the challenges. He brings the right energy, ambition, and experience to lead Lyft through the next chapter. David's customer obsession, purpose-driven mindset, and competitive spirit are exactly what Lyft needs. With the transition, this will be the last earnings call that John and I join. I'm now the chair of Lyft's board. John will continue to serve as president of Lyft until the end of June, at which time he will continue to serve as Lyft's vice chair. We are excited for David to be leading the company on a day-to-day basis and look forward to continuing to serve as board members and to supporting the company on the next leg of its journey. Finally, I want to say thank you to the Lyft investor community. John and I are incredibly grateful to have had the opportunity to build this company with your support. Lyft is our life's work, and we are confident it's in great hands. Now, I'm going to turn the call over to David.