Yatsen Results Presentation Deck

Revenue and Gross Margin (RMB M) 858 3Q2022 Net Revenues -16.3% YOY 718 3Q2023 Slow-down in Color Cosmetics Brands¹ combined with modest decrease in Skincare Brands² +2.5 percentage points YoY 68.9% Gross Margin 3Q2022 71.4% Notes: 1 Include net revenues from Perfect Diary, Little Ondine, Pink Bear and other color cosmetic brands of the Company. 2 Include net revenues from Galénic, DR.WU (its mainland China business), Eve Lom, Abby's Choice and other skincare brands of the Company. 3Q2023 YSG 逸仙 Higher revenue contribution from Skincare Brands², more disciplined pricing and discount policies and cost optimization 11

View entire presentation