Sonos Results Presentation Deck

Record Q3 Profitability and Strong Revenue Growth Q3 Revenue $260.1 Q319 Q3 Adjusted EBITDA $6.8 Q319 $249.3 Q320 ($2.7) Q320 $378.7 Q321 $46.7 Q321 Revenue +52% due to strong product demand across all categories, annualizing the Y/Y declines in Q3 20 (retail store closures), and offset by continued constrained product availability Adjusted EBITDA growth driven by continued strong demand, opex leverage on the higher sales volume, and significant gross margin expansion Adjusted EBITDA margin increased to record 12.3%; ex-tariff duties and refunds adjusted EBITDA margin of 12.1% Gross margin +300 bps to 47.0%; ex-tariff duties and refunds gross margin of 46.8% 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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