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Investor Presentaiton

Garena Digital Entertainment US$ Millions DE Bookings¹ 1,081.7 826.2 -18% QoQ 717.4 664.7 543.6 Quarterly Active Users Millions -15% QoQ 654.0 615.9 619.3 568.2 485.5 % do Quarterly Paying User Ratio -0.1% QoQ 11.8% 10.0% 9.1% 9.1% 9.0% 4Q 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 4Q 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 4Q 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Note: Financial figures are unaudited. 1. GAAP revenue for the digital entertainment segment plus change in digital entertainment deferred revenue. This operating metric is used as an approximation of cash spent by our users in the applicable period that is attributable to our digital entertainment segment. Sea 4Q 2022 & FY 2022 Results | 7
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