Sonos Investor Day Presentation Deck

Growth Drivers: Expanding Profitability Through Continued Operational Excellence . Continued expansion of our offerings • Maintain industry-leading gross margins, including supporting our ongoing direct-to-consumer channel initiatives • New households, with attractive household acquisition costs, and existing household repurchases Continued investment in research and development • Scale G&A while investing in systems for the future, including a new ERP system and tools to support recurring revenue and other services • Delivering adj. EBITDA CAGR of 20%+ through FY24 SONOS

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