Meta Financial and User Metrics Update

Expenses as a Percentage of Revenue 9% 9% 8% 10% 10% 9% 6% 7% 6% 16% 15% 12% 12% 11% 11% 13% 12% 14% 23% 24% 22% 22% 20% 21% 21% 19% 18% 20% 20% 20% 17% 19% 20% 19% 20% 19% Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 General & Administrative Marketing & Sales Research & Development Cost of Revenue Meta 5

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