Yatsen Results Presentation Deck

Second Quarter 2023 Snapshot Total Net Revenues RMB 858.6MM -9.8% YoY GAAP Net Loss Margin 12.6% Narrowed by 15.1 percentage points YoY Gross Margin 74.7% +11.9 percentage points YoY Notes: 1 As of June 30, 2023 Non-GAAP Net Loss Margin 5.4% Narrowed by 16.4 percentage points YoY Cash, Restricted Cash and Short-term Investments¹ RMB 2.57Bn

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