Investor Presentaiton

Another quarter of strong results: Over 70% growth in net revenues and continued improvement in profitability profile, despite pandemic-related headwinds Notes: Q2'20 Total stores at end of quarter (1) 5,091 Q2'21 5,259 Q2'22 7,195 79 308 615 Group Performance Net new stores # # Average monthly transacting customers ('000) (2) 8,945 12,285 20,712 Revenue (RMB million) 979 1,914 3,299 Revenue growth (%) 49.9% 95.4% 72.4% Operating profit (RMB million) (762) (48) 242 Revenue - self-operated stores (RMB million) 843 1,529 2,331 Self-operated Stores Revenue growth (%) 37.3% 81.4% 52.4% Same-store sales growth (%) (3) (6.8)% 71.8% 41.2% Store level profit margin (4) (18.6)% 23.1% 30.6% luck in Partnership Stores Revenue - partnership stores (RMB million) 76 279 778 Revenue growth (%) n.a. 268.9% 178.4% (1) The number of stores open at the ending of the period, excluding unmanned machines. (2) 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). (3) 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. (4) 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. luckin coffee ** 咖啡 14

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