Ryde Celebrates Driver-Partners with Annual #MakanwithRyde Initiative

SINGAPORE, November 29, 2024— Ryde Group Ltd (NYSE American: RYDE) (“Ryde” or the “Company”), a leading mobility and quick commerce platform in Singapore, is proud to announce the successful completion of its annual #MakanWithRyde initiative. This initiative underscores Ryde’s unwavering commitment to its driver-partners — the backbone of the platform — and highlights the Company’s dedication to supporting local businesses and fostering community bonds.

Supporting Driver-Partners & Local Businesses
As part of this year’s #MakanWithRyde initiative, over 1,000 driver-partners were invited to collect specially prepared packets of Nasi Lemak from a convenient drive-by pick-up point on Victoria Street. The meals were sourced from Dahlia Cafe, a beloved local business, reflecting Ryde’s commitment to supporting homegrown enterprises while showing appreciation for its driver-partners.

Driver-partners had the opportunity to interact with Ryde’s team, sharing valuable feedback and insights. These moments of connection reinforce Ryde’s focus on building a supportive and engaged driver community.

Mr. Yeo shared “The giveaway is a boost for all the driver-partners. It shows that Ryde recognises our commitment to the platform and the service that we driver-partners provide to the riders. It also shows that Ryde is always there to help us, hear us and reward us as much as possible.”

Another driver-partner, Mr. Quek, expressed his gratitude, stating, “I am very grateful to receive this platter from Ryde. As a driver-partner, I have never regretted choosing Ryde as my only PHV platform. Hope Ryde keeps this up and continues to rise! Huat ah!”

Building Community Through Active Engagement
The #MakanWithRyde initiative is closely aligned with Ryde’s 7 Driver Commitments, particularly its focus on Active Engagement. By listening to driver-partners and fostering open dialogue, Ryde ensures their voices are heard and their needs addressed. This collaborative approach strengthens relationships and enhances the overall Ryde experience.

“Our driver-partners are the heart of our platform,” said Terence Zou, CEO and Founder of Ryde Group. “#MakanWithRyde is our way of thanking them for their dedication and resilience while fostering a sense of community. It’s about building connections and a thriving community.”

Driving Growth & Impact
Initiatives like #MakanWithRyde goes beyond appreciation — they drive positive outcomes for the platform. Engaged driver-partners are more likely to share their experiences, attracting others to join Ryde. This ripple effect contributes to a growing, motivated driver-partner base, enhancing service quality and customer satisfaction.

The event also reflects Ryde’s commitment to Environmental, Social, and Governance (ESG) principles, aligning with the United Nations’ Sustainable Development Goals (SDGs):
SDG 11: Sustainable Cities and Communities — Strengthening inclusivity and fostering community bonds.
SDG 8: Decent Work and Economic Growth — Celebrating contributions and promoting equitable opportunities for driver-partners.

Looking Ahead
Ryde remains dedicated to initiatives that celebrate its community, foster growth, and create meaningful social impact. The success of #MakanWithRyde reaffirms the Company’s mission to connect people, empower its driver-partners, and support the local ecosystem.