Meta Earnings Presentation Q3 2023

Expenses as a Percentage of Revenue 12% 10% 10% 8% 10% 13% 14% 14% 11% 10% 10% 12% 6% 12% 10% 8% 12% 13% 30% 33% 33% 28% 30% 29% 27% 22% 21% 26% 20% 22% 19% 21% 21% 18% 19% 18% Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 ∞ Meta General & Administrative Marketing & Sales Research & Development Cost of Revenue 5

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