Investor Presentaiton

Profitable Business Model Strong foundation for the future Product-led business model with diverse category reach and efficient go-to-market function Broad portfolio of ad products AD PRODUCTS ~30 yelp-* Diverse category reach AD REVENUE BY CATEGORY Efficient go-to-market function AD REVENUE BY CHANNEL Monetization Opportunity SERVICES LEADS Profitable business model NET INCOME 30% 20% -30% 38% 62% SMB- 47% RR&O SERVICES LOCAL SELF-SERVE MULTI-LOC MONETIZED PARTNER $99M ADJUSTED EBITDA MARGIN¹ 25% Note: All metrics for FY23 See Appendix for how we define Adjusted EBITDA margin and a reconciliation of Net income margin to Adjusted EBITDA margin for FY 2023 and for information about the limitations of adjusted EBITDA as an analytical tool. Net income margin for FY 2023 was 7%. 25 25

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