Sonos Results Presentation Deck

Reconciliation of Net Income to Adjusted EBITDA Net income Add (deduct): Depreciation and amortization Stock-based compensation expense Interest income Interest expense Other (income) expense, net Provision for income taxes Legal and transaction related costs(1) Adjusted EBITDA Revenue Adjusted EBITDA margin Three Months Ended December 31, 2022 $75,188 11,132 20,195 (1,967) 158 (23,576) 36,501 6,289 $ 123,920 $ 672,579 18.4% January 1, 2022 $ 123,481 9,217 17,459 (33) 98 1,402 7,646 3,873 $ 163,143 $ 664,481 24.6% (1) Legal and transaction related costs consist of expenses related to our intellectual property litigation against Alphabet Inc. and Google LLC as well as legal and transaction costs associated with our acquisition activity, which we do not consider representative of our underlying operating performance. Note: $ in thousands, unaudited. 31

View entire presentation