NetEase Financial Overview

CLOUD MUSIC 1 USD million Note: 1 Cloud Music Net Revenues and Gross Margin 4.1% 253 2Q21 12.2% Gross Margin Net Revenues 327 309 1Q22 13.0% 2Q22 US$1.00 RMB6.6981 on June 30, 2022. Same exchange rate is applied to all years for illustrative purpose • • Maintained strong growth in the second quarter despite macro-headwinds, with total revenues improving by 29% year-over-year to RMB2.2 billion Reached 182 million MAUS for our online music services, with the DAU/MAU ratio staying well above 30% Increased membership paying ratio to 21% Home to more than 500,000 registered independent artists, with 2.4 million music tracks created by them Enhanced our products and community features to bring premium experience to music lovers, including High Resolution Audio feature (and a social networking App called MUS Added multiple licensing agreements with major overseas and domestic music labels, such as SM Entertainment, TF Entertainment and YG Entertainment 網易 NETEASE

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