Sonos Results Presentation Deck

Record Q4 Revenue; Adjusted EBITDA Impacted by Industry-Wide Supply Chain Dynamics and Investment Q4 Revenue $294.2 Q419 Q4 Adjusted EBITDA ($2.8) Q419 $339.8 Q420 $46.4 Q420 $359.5 Q421 $17.1 Q421 Revenue +14% ex 14th week LY (+6% reported) due to strong product demand and partially offset by continued constrained product availability Adjusted EBITDA declined to $17.1M; adjusted EBITDA margin decreased to 4.8% from 13.7% LY driven by impact of constrained product availability on revenue, opex investments in future growth, and increased component and logistics costs Gross margin -110 bps to 46.4%; ex tariff duties and refunds, gross margin -260 bps to 45.7% primarily due to increased component costs, and shipping and logistics costs related to broader industry-wide supply chain challenges. Note: $ in millions, unaudited. See appendix for reconciliation of GAAP to non-GAAP measures. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely.

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