Lyft, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On July 23, 2026, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed Ben Minicucci to serve as a member of the Board, effective immediately. He will serve as a Class II director with a term of office expiring at the Company’s 2027 Annual Meeting of Stockholders. Mr. Minicucci has served as Chief Executive Officer of Alaska Air Group, Inc. (“Air Group”), a global airline, and its subsidiary Alaska Airlines, Inc. (“Alaska”) since 2021. He has served as President of Air Group since 2021 and served as President of Alaska from 2016 to June 2026. He served as Chief Operating Officer of Alaska from 2008 until 2019. Mr. Minicucci also served as Chief Executive Officer of Virgin America Inc. from 2016 to 2018. Prior to this, he held various executive positions at Alaska, including Executive Vice President of Operations, Vice President of Seattle Operations, and Staff Vice President of Maintenance and Engineering. Before joining Alaska, Mr. Minicucci held a variety of roles at Air Canada and served in the Canadian Armed Forces for 14 years prior to joining the private aviation sector. Mr. Minicucci has served as a member of the board of directors of Air Group since 2020. Mr. Minicucci served on the board of PG&E Corporation, an energy-based holding company from 2018 to 2019. Mr. Minicucci holds a B.S. and M.S. from the Royal Military College of Canada and graduated from the Advanced Management Program at Harvard Business School. Mr. Minicucci was selected to serve on our Board because of his significant operating experience as a public company chief executive officer, transportation safety expertise, and experience driving business development, international operating expansion and mergers and acquisitions integration. There are no arrangements or understandings between Mr. Minicucci and any other person pursuant to which Mr. Minicucci was appointed to serve on the Board. There are no family relationships between Mr. Minicucci and any other director or executive officer of the Company. In July 2022, we entered into a partnership agreement (the “Partnership Agreement”) with Alaska. Pursuant to the Partnership Agreement, riders on the Lyft platform are able to earn Atmos Rewards miles on eligible rides. During the year ended December 31, 2025, we received an aggregate amount of $0.16 million from Alaska and paid an aggregate amount of $3.2 million to Alaska pursuant to the Partnership Agreement. Other than the Partnership Agreement, there have been no transactions in which the Company was a participant and Mr. Minicucci had a direct or indirect interest since the beginning of the last fiscal year, and none are currently proposed that would require disclosure under Item 404(a) of Regulation S-K. Mr. Minicucci will receive the standard compensation available to the Company’s non-employee directors, which is described in the Company’s Proxy Statement filed with the Securities and Exchange Commission (“SEC”) on April 10, 2026. In accordance with the Company’s customary practice, the Company will also enter into its standard form of indemnification agreement with Mr. Minicucci, which is filed as Exhibit 10.1 to the Company’s Registration Statement on Form S-1 (File No. 333-229996) filed with the SEC on March 1, 2019.