Sonos Results Presentation Deck

Q1 Highlights Q1 revenue of $672.6M, +1% y/y (+7% constant currency) driven by increased volume due to promotional activity and improved product availability, partially offset by unfavorable foreign exchange ("FX") In Q1 gained significant $ and unit market share in US, UK & DE home theater category, recorded our quarterly highest market share in 3 years Q1 gross margin of 42.4%, -540bps y/y driven primarily by promo activity, higher component costs, and unfavorable FX, partially offset by lower logistics costs Q1 adjusted EBITDA of $123.9M, due to lower gross margin due to holiday promotional activity and planned incremental investments in R&D as discussed last quarter Q1 adjusted EBITDA margin of 18.4% Note: Unaudited. Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures. 3 *See appendix for reconciliation of GAAP to non-GAAP measures.

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