Yelp Investor Presentation Deck

We invest in trust leadership We take industry-leading measures to maintain content integrity and quality Cumulative Review Distribution As of December 31, 2021 Recommended 71% Not Recommended 21% Removed for Violating Yelp's Policies or by reviewers themselves¹ 8% Strong Content Moderation: 29% of our content is not recommended or removed for violating our policies or by reviewers themselves Distribution of Average Business Ratings Across Several Review Platforms² 1.5 Density 1.0 0.5 HomeAdvisor 2 3 Average Star Rating Facebook BBB ¹ Yelp users can remove their own reviews on the platform, either individually or by closing their accounts 2 Source: Devesh Raval, Federal Trade Commission. September 2020 Chart: The DataFace Trusted Content Google Yelp Differentiated Reviews: Yelp's star ratings are more uniformly distributed between 1 and 5 stars, which we believe results in a more useful and trustworthy consumer experience 5 10

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