Tuya Results Presentation Deck

Operating Margin and Net Margin Non-GAAP operating margin¹ (43%) Q1'21 (63%) (68%) Q1'22 After excluding one-off losses Non-GAAP net margin¹ (42%) Q1'21 (62%) After excluding one-off losses (67%) Q1'22 Main drivers: ● ● Increased employee-related costs due to headcounts in Q1 tuya One-off compensations to employees due to team restructuring One-off commercial penalties and restoration fees due to termination of tenancies 1. Non-GAAP measures. Please refer to the earning release or financial reports for reconciliations of these non-GAAP measures to their most comparable GAAP equivalents. Note: Numbers are rounded for presentation purposes. 12

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