Yatsen IPO Presentation Deck

4 World-class Supply Chain OEM and ODM World-class ODM/OEM partners and packaging suppliers intercos COSMAX HCP NEXT GENERATION PACKAGING JV production facilities with COSMAX Notes: 1. In recent periods 2. In 2010, according to the CIC Report ODM/OEM kolmar Warehouse and Logistics Leading warehouse and logistics partners (SF) ZIO sto 申通快速 express EXPRESS + 100,000+/c.140,000 daily shipments on average in 2019 / 9M2020 6MM packages shipped in 5 days during Singles' Day in 2019 WAREHOUSE Warehouse YATSEN Cost and Efficiency Cost-effective supply chain operation with decreasing average shipping cost per order(¹) Decreasing average shipping hours per order from 94hrs in 2019 to 74hrs in 9M2020 Logistics 98 inventory turnover days vs. 126 days for China domestic listed beauty companies (2) Customer OUR STORY 17

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