Investor Presentaiton

Operating Expenses S&M in billion RMB -21% YOY -2% QoQ R&D in billion RMB +17% YOY -2% QoQ G&A (excl. R&D) in billion RMB +14% YOY -0.6% QoQ 15.0 15.4 15.0 12.8 11.2 11.3 11.2 9.8 10.0 7.9 8.1 7.9 2Q21 2Q22 1Q22 2Q22 2Q21 2Q22 1Q22 2Q22 2Q21 2Q22 1Q22 2Q22 Non-IFRS -22% YOY -2% QoQ Non-IFRS +16% +0.3% YOY QoQ Non-IFRS +23% +10% YOY QoQ 23

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