Helbiz Launches Best-in-Class AI Helmet Selfie Feature To Encourage Safe Riding

Continues to lead the way in offering innovative safety solutions

Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its industry to be publicly listed on Nasdaq, has launched an innovative technology and safety solution to promote the use of helmets. This new artificial intelligence and facial recognition feature will require users to take a selfie of themselves wearing a helmet in order to unlock and ride an e-scooter or earn an incentive. Helmets will be attached to each scooter for added convenience and accessibility and will also be available for free online. This initiative is part of Helbiz’s larger mission of offering safe and equitable transportation solutions for all.

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Helbiz Launches Best-in-Class AI Helmet Selfie Feature To Encourage Safe Riding

“Safety has always been our top priority at Helbiz, and we’re always looking for ways to implement added safety measures without compromising the user experience,” said Vivian Myrtetus, Head of Partnerships and Policy. “While other vendors have offered helmet selfies in the past, Helbiz will be the first company to use AI and actually enforce the use of helmets by requiring a helmet selfie to unlock the device. It’s one small step in expanding helmet adoption that can help to prevent unnecessary injuries.”

In order to encourage riders to use a helmet, Helbiz is proud to provide free helmets to all riders. The company has partnered with several local restaurants and cafes in Brickell, Downtown, and Coconut Grove to provide free helmets including Lokal, Kush, and PuRoast cafe.

“We think it’s great Helbiz is helping the Miami community practice safe riding by providing helmets, and we are happy to partner with them in this initiative,” said Anna Trent, manager, LoKal in the Grove.

In order to unlock and ride the e-scooter, users will be required to take a selfie in the helmet provided and upload the image to their profile on the Helbiz app. In no more than five seconds, Helbiz’s artificial intelligence technology will then determine whether the user is wearing a helmet and the device will unlock. Helbiz will first roll out this new feature in Miami to meet the city’s new safety regulations for its scooter program, but plans to implement it across markets in the near future.

Users can download the Helbiz mobile app on iOS and Android to instantly geolocate, rent and unlock e-scooters for a flat fee of $1, followed by a $0.35 charge per minute of riding time. Helbiz also offers a subscription plan for $39.99 per month up to 30-minute per day. All pricing options are displayed to customers as soon as the Helbiz App is installed and open.

The City of Miami’s new regulations will now permit e-scooter riding during the reduced hours of 6am-9pm ET.

About Helbiz

Helbiz is a global leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform with over 40 licenses in cities around the world. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible within its mobile app. For additional information, please visit www.helbiz.com.

Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the Company’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the failure to meet projected development and production targets; (ii) changes in applicable laws or regulations;(iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the “SEC”) by the Company. Additional information concerning these and other factors that may impact the Company’s expectations and projections can be found in its periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and amended on May 21, 2021, the quarterly reports and Prospectus subsequently filed. The Company’s SEC filings are available publicly on the SEC's website at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to Helbiz and speaks only as of the date on which it is made. Helbiz undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.

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