Investor Presentaiton

Increasing operating income with consistent R&D investment R&D expenses RMB in millions Non-GAAP adjusted operating income (1) RMB in millions 45.1% 60.0% 31.1% 31.8% 22.0% 30.0 0.0% 20.0% 10.0% 0.0% 10.0% 30.0% 40.0% 2,689 2,351 60.0% 70.0% 80.0% 100.0% ■.. IL. 391 370 88 94 ∙110.0% 120.0% 671 464 130.0% 140.0% 03 FY2019 FY2020 1Q2020 1Q2021 FY2019 FY2020 (1)Non GAAP adjusted operating income for FY2019, which excludes share-based compensation expenses of RMB42.3 million. -Non GAAP adjusted operating income for FY2020, which excludes share-based compensation expenses of RMB43.2 million. -Non GAAP adjusted operating income for 1Q 2020, which excludes share-based compensation expenses of RMB8.0 million. -Non GAAP adjusted operating income for 1Q 2021, which excludes share-based compensation expenses of RMB15.4 million. 1Q2020 1Q2021 Non-GAAP adjusted operating income Non-GAAP adjusted operating income margin 18

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