Turtle Beach Corporate Overview

BALANCE SHEET Balance Sheet Highlights $ Millions Cash & Cash Equivalents Inventories @ March 31, 2022 @ March 31, 2023 $23.7 $20.6 $117.4 $65.2 Revolver (asset-based) $0 Total Debt $0 $0 50 $0 60 Balance Sheet Comments ➤ Inventory decreased from the elevated year-ago period where the Company increased product and component purchases due to longer freight transit times and to reduce risks of supply shortages. ➤ No outstanding borrowings under revolving credit facility. ➤ Cash flows from operations increased $42.1M to $28.8M for the quarter. ➤ Strong balance sheet with no outstanding debt. 32

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