Financial Results Presentation Q2

Financial Results Presentation Material 3 Mercari JP-Net Sales/Adjusted Operating Income The adjusted operating margin was flat QoQ as a result of continued aggressive investment in expanding the user base, the source of sustainable growth. Will continue to further strengthen investments that will contribute to future growth. Net Sales 12.0 Q1 (Billion JPY) 20.2 19.0 16.8 15.9 15.3 14.4 19.8 19.4 21.8 YoY +15% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY2020.6 FY2021.6 FY2022.6 Adjusted Operating Income/Margin (Billion JPY) 42% 30% 32% 18% 32% 34% 33% YOY 29% 26% 26% -7ppts Adjusted Operating Income Margin 2.1 7.1 4.6 4.6 4.5 6.8 6.6 6.1 5.1 5.6 YOY Q1 Q2 03 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY2020.6 FY2021.6 FY2022.6 1. From FY2022.6 Q1, to compare business results (YoY) exclusively for C2C transactions, the net sales shown here represent only the C2C results. mercari -9% 16 16

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