Yatsen Results Presentation Deck

Challenging Industry Backdrop 6.7% 7.0% Jan and Feb-22 China General Consumer Retail Spending YoY Growth* Note: *Based on data from China National Bureau of Statistics ● ● ● Fragile consumer confidence Reduced outdoor activities / stores lockdown Supply chain and logistics disruptions Mar-22 -3.5% Impact from COVID-19 -6.3% China Beauty Retail Spending YoY Growth* Apr-22 -11.1% YSG 逸仙 -22.3%

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