Boqii Holding IPO Presentation Deck

Improving Inventory Management and Margin EBITDA & Margin¹ (RMB mn) FY19 (210) FY20 EBITDA Margin (18.6%) 1021 Inventory Turnover Days² (Days) 37 11 FY19 Note: FY20 mana “For tha ixal your unded March 31, 2013" - FY21 maana Tor the fixail your unded March 31, 2000-0" (2) Inventory Tumover Days per year = Ending Inventory/Cost of Product Sales - 360 Inventory Tumower Days per quarter Ending Inventory/Cost of Produd Sales " 40 1020 29 1021 bili波奇宠物

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