NetEase Income Statement Summary Q1 2022

YOUDAO Online Knowledge Tools Learning Services |有道 Youdao Dictionary Youdao Kids Dictionary U Translate Youdao Translation U-dictionary voudao Youdao Premium Courses 2 NetEase Cloud. Classroom China University MOOC Youdao Youdao Youdao Weiqi iCloud Chess youdo Youdao Youdao Kada Youdao Drosophila Science Courses Fun Reading Smart Devices Education Digitalization Youdao Dictionary Pen Youdao Youdao Listening Pod Smart Light Solutions Achieved a solid and sustainable performance in the first quarter after disposing of its academic AST business • • Total net revenues for Youdao were RMB 1.2 billion, and gross margin was 53.1% in the first quarter Introduced a new smart learning product called Youdao Smart Light with the aim to help students develop more independent learning habits and improve their learning efficiency Continued to optimize the functions and user experiences for STEAM courses, for example, increasing gross billings from Youdao Chess ( by over 170% quarter-over-quarter Youdao Youdao Pocket Translator Super Dictionary Youdao Youdao Smart Learning Terminal Smart Cloud 網易 NETEASE

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