Yatsen Results Presentation Deck

Operating Cashflow (RMB MM) 4,326 -466 1Q2021 4,106 -79 2Q2021 3,633 -225 3Q2021 3,138 -250 4Q2021 2,965 -104 1Q20221 3,063 112 2Q20221 2,601 22 Note: ¹ Including government subsidies of RMB14MM in 1Q2022, RMB32MM in 2Q2022, RMB46MM in 3Q2022, and RMB4M in 4Q2022. 2 As of the end of each quarter. 3Q20221 Balance of Cash, Restricted Cash and Short-term Investments² Generated positive cashflow from operating activities for three consecutive quarters YSG1LL 2,627 107 4Q20221 18

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