Yelp Investor Presentation Deck

Category breadth drove record Ad revenue Despite the pandemic, our monetization efforts contributed to record Services revenue in 2021, while RR&O categories continued to recover $300M $200M $100M $214M $233M $235M $226M $227M Advertising Revenue $238M $253M $259M $240M $162M $211M $223M $222M $245M $257M $261M 1Q18 2018 3Q18 4Q18 1Q19 2019 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 RR&O 600K 400K 200K 508K 517K 524K 541K Services Financial Results & Key Metrics Paying Advertising Locations 529K 549K 563K 565K 562K 378K 507K 520K 528K 535K 528K 1Q18 2018 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 36

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