Investor Presentaiton

Continued strong performance despite COVID headwinds Notes: Total net revenue RMB3,299 million +72.4% YoY increase Average monthly transacting customer(1) 20.7 million +68.6% YoY increase SSSG(2) (self-operated stores) 41.2% Store-level operating profit(3) GAAP Operating income Store footprint(5) (self-operated store) 30.6% store-level profit margin(4) RMB712 million 7.3% operating income margin RMB242 million 7,195 stores +615 net new store opening (6) QoQ (1) The total of each month's number of transacting customers divided by the number of months during the period (includes those of partnership stores and those only paid with free-coupons). (2) Defined as growth rate of total revenue from self-operated stores that has been in operation as at the beginning of comparable period beginning and was not closed before current period ending with the number of average operating days over 15 per month over both current period and last year's comparable period. (3) Calculated by dividing store level operating profit/(loss), which is calculated by deducting cost for self-operated stores including cost of direct materials (including wastage in stores), cost of delivery packaging materials, storage and logistics expenses, store depreciation expense (including decoration loss for store closure), store rental and other operating costs, net delivery expense, transaction fees, store preopening and other expenses from our self-operated store revenues, by total revenues from self-operated stores. (4) Calculated by deducting cost for self-operated stores including cost of direct materials (including wastage in stores), cost of delivery packaging materials, storage and logistics expenses, store depreciation expense (including decoration loss for store closure), store rental and other operating costs, net delivery expense, transaction fees, store preopening and other expenses from our self-operated store revenues (5) The number of stores open at the ending of the period, excluding unmanned machines. (6) The number of gross new stores opened during the period minus the number of stores permanently closed during the period. luckin coffee ** 瑞幸咖啡 6

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