Missfresh IPO Presentation Deck

Strong and Healthy Working Capital Turnover Days ■Days Inventory Days Sales Outstanding Days Payable Outstanding 12 2018 40 Q QxZ # 10 2 2019 55 12 3 2020 72 Cash Conversion Cycle (in Days) 2018 (27) 2019 (43) 2020 (57) ■ We keep optimizing our working capital management, with our cash conversion cycle remaining negative and ever decreasing over the past 3 years 30

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