Sonos Results Presentation Deck

Q4 Financial Summary Q4 Revenue $316.3 Reported: -12.0% CC: -6.6% 4Q22 Americas (63% of sales): +1.9% y/y EMEA (29% of sales): -33.7% y/y APAC (8% of sales): -1.6% y/y Q4 Adjusted EBITDA -8.1% margin -$25.6 4Q22 $305.1 Reported: -3.5% CC: -5.1% 4Q23 Americas (67% of sales): +1.9% y/y EMEA (27% of sales): -8.8% y/y APAC (6% of sales): -27.5% y/y $6.3 2.1% margin 4Q23 Revenue -3.5% y/y, or -5.1% constant currency, to $305.1M driven by: O Registrations -13% y/y while products sold -8% y/y O O Demand softening across all regions, partially offset by full supply recovery on AMP in FY23 and by revenue generated by new product introductions. O Registrations declined more than products sold primarily due to the timing of holiday channel fill Favorable mix and price increases caused revenue to decline by less than products sold Adjusted EBITDA increased to $6.3M, margin of 2.1% O Adjusted EBITDA increase was driven by gross margin expansion, lower bonus accrual and reductions of marketing and legal program spend FX was approximately a $4M tailwind to Adjusted EBITDA Source: internal data Note: All comparisons y/y unless otherwise noted. $ in millions (unless noted), unaudited. Adjusted EBITDA, Adjusted EBITDA margin and constant currency are non-GAAP measures. See appendix for reconciliation of GAAP to non-GAAP measures. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely. 13

View entire presentation