Investor Presentaiton

CAPEX, FCF and Cash Position In billion RMB Operating CAPEX Non-operating CAPEX Total CAPEX 2Q2022 2Q2021 YOY 1Q2022 QoQ 2.1 5.9 -65% 5.2 -60% 0.9 1.0 -8% 1.8 -46% 3.0 6.9 -57% 7.0 -57% Operating Cash Flow 35.7 32.0 +12% 33.8 +6% Less: CAPEX Paid (5.6) (7.1) -22% (8.2) -32% Payments for media content (5.8) (6.4) -9% (8.9) -34% Payments for lease liabilities (1.8) (1.2) +53% (1.5) +24% Free Cash Flow 22.5 17.3 +30% 15.2 +47% Total Cash 315.9 255.2 +24% 304.1 +4% Less: Total Debt (336.3) (276.2) +22% (315.1) +7% Net (Debt)/Cash (20.4) (21.0) -3% (11.0) +85% • Repurchased approximately 9.7 million shares with an aggregated cost of RMB3.1 billion during 2Q22 • Paid cash dividend of RMB13 billion during 2Q22 • As at 30 Jun 2022, the fair value of our shareholdings¹ in listed investee companies (excluding subsidiaries) was approximately RMB602 billion (USD90 billion) Note: 1. Including those held via special purpose vehicles, on an attributable basis. 25 25

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