Grab (GRAB) - 2023 Q4 - Annual Report

Exhibit 99.1 Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to 500MillionQ42023Revenuegrew30500 Million ● Q4 2023 Revenue grew 30% year-over-year to 653 million ● Q4 2023 Profit for the period was positive at 11millionQ42023AdjustedEBITDAimprovedby11 million ● Q4 2023 Adjusted EBITDA improved by 146 million year-over-year to 35millionGrabsBoardofDirectorshasauthorizedtherepurchaseofupto35 million ● Grab’s Board of Directors has authorized the repurchase of up to 500 million of the Company’s Class A ordinary shares SINGAPORE, February 22, 2024 - Grab Holdings Limited ...