Sonos Results Presentation Deck

FY22 Outlook: Maintain revenue guidance, reduced gross margin, narrowed adjusted EBITDA range. Remain on track to deliver another record fiscal year Revenue % growth Gross Margin Adjusted EBITDA Adjusted EBITDA Margin Other Key Assumptions: Tariffs FY21 Actuals $1.717 billion 29% 47.2% $278.6 million 16.2% $4.6 million net tariff benefit Prior FY22 Outlook $1.95 billion - $2.0 billion 14% -16% 46 - 47% $290 million $325 million 14.9% -16.2% Minimal net tariff benefit New FY22 Outlook $1.95 billion $2.0 billion 14% -16% 45.5 - 46.0% $290 million - $310 million 14.9% - 15.5% - Minimal net tariff expense Note: Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures. We do not provide a reconciliation of forward-looking non-GAAP measures to their comparable GAAP financial measures. See "Non-GAAP Measures" for more information. FY22 outlook only as of the date of this presentation. See "Forward-Looking Statements" for more information. ● Re-confirming revenue range Reduced and narrowed Gross Margin range given increased cost of components, shipping and logistics Lowered high end of Adjusted EBITDA range on Gross Margin flow through, partly offset by moderation of Opex investments

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