NetEase Income Statement Summary Q1 2022

YOUDAO USD million Note: Youdao Net Revenues and Gross Margin Gross margin Net revenues 57.3% 56.6% 52.3% 50.7% 45.2% 45.9% 47.5% 98 2Q20 141 3Q20 175 4Q20 219 211 210 204 53.1% 189 1Q21 2Q21 3Q21 4Q21 1Q22 網易 NETEASE 1 US$1.00 RMB6.3393 on March 31, 2022. Same exchange rate is applied to all years for illustrative purpose

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