Sonos Results Presentation Deck

Gross Margin Impacted by Industry-Wide Supply Chain Dynamics Gross margin -110 bps Y/Y (ex tariffs -260 bps). Key drivers: $7M tariff refund; $4M tariff expense Increased component costs Ongoing higher industry-wide shipping and logistics costs 42.2% 42.7% 47.5% 48.3% Gross Margin 46.4% Q419 Q420 Note: Unaudited. See appendix for reconciliation of GAAP to non-GAAP measures. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely. Q421 Gross Margin ex Tariff Duties and Refunds 45.7%

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