Sonos Results Presentation Deck

FY22 Outlook: Reduced revenue and adjusted EBITDA guidance, narrowing gross margin range Revenue % growth Gross Margin Adjusted EBITDA Adjusted EBITDA Margin Other Key Assumptions: Tariffs FY21 Actuals $1.717 billion 29% 47.2% $278.6 million 16.2% $4.6 million net tariff benefit Prior FY22 Outlook $1.95 billion - $2.0 billion 14% - 16% 45.5 - 46.0% $290 million - $310 million 14.9% 15.5% Minimal net tariff benefit New FY22 Outlook $1.730 billion - $1.755 billion 1% -2% 45.7 - 45.9% $215 million $230 million 12.4% - 13.1% - Minimal net tariff expense Note: Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures. We do not provide a reconciliation of forward-looking non-GAAP measures to their comparable GAAP financial measures. See "Non-GAAP Measures" for more information. FY22 outlook only as of the date of this presentation. See "Forward-Looking Statements" for more information. Reducing revenue outlook to $1.730-1.755bn, +1-2% growth (+4-5% constant currency, assumes $50 million FX headwind) Narrowing gross margin range to 45.7-45.9% Reducing Adjusted EBITDA outlook on revenue flow through

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