Tuya Results Presentation Deck

Stable Gross Margin under Headwinds Gross Margin Overall gross margin 24% 28% lot PaaS gross margin 25% 67% Q1'19 26% SaaS and Others gross margin 81% 28% 28% 29% 29% 76% 73% 30% 30% 31% 76% 33% 34% 35% 78% 77% 38% 40% 74% 41% 42% 42% 43% 42% 43% 43% 41% 43% 43% 42% 43% 75% 75% 73% 73% 77% 79% Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Key points: Showing our value proposition all the time, including under headwinds ● ● ● Remained relatively stable for several quarters tuya Due to effective implementation of business management and efficiency improvement initiatives Overall GPM fluctuated due to product mix 11

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