Missfresh IPO Presentation Deck

Ge 优鲜 Optimizing Cash Flow Cash used in Purchase of Property and Equipment (In RMB mn: percentage as % of total net revenues) 3.6% 129.4 2018 3.5% 210.1 2019 1.1% 69.0 2020 Free Cash Flow¹ (In RMB mn; percentage as % of total net revenues) 2018 (1,853.2) (52.3%) 2019 Note: 1. Calculated as net cash used in operating activities less cash used in purchase of property and equipment. (2,177.0) (36.3%) Through efficient use of working capital, our cash flow situation has been continuously optimizing, better serving our business needs 2020 (1,680.7) (27.4%) 31

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