Turtle Beach Corporate Overview

GAAP NET INCOME TO NON-GAAP EARNINGS RECONCILIATION FULL YEAR 2022 COMPARED TO 2021 December 31, 2022 Net Income (Loss) GAAP Net Income (Loss) $ Adjustments, net of tax: Non-recurring business costs Inventory and component related reserves Goodwill and other intangible asset impairment Valuation Allowance Change in fair value consideration (59,546) 7,330 7,386 1,434 18,374 Twelve Months Ended December 31, 2021 $ 17,721 4,339 Acquisition integration costs Non-GAAP Net Income (Loss) $ (25,022) (1,928) 69 SA $ 20,201 Diluted Earnings Per Share GAAP- Diluted Non-recurring business costs Inventory and component related reserves Goodwill and other intangible asset impairment Valuation Allowance Change in fair value consideration Acquisition integration costs Non-GAAP- Diluted (3.62) 0.45 0.45 0.09 1.12 SA $ 0.97 0.24 (0.11) 0.00 $ (1.52) $ 1.11 30

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