Sonos Results Presentation Deck

Continued Strong Demand and Profitability Q1 Revenue $562.1 +13% 1Q20 Q1 Adjusted EBITDA $93.2 +7% 1Q20 $645.6 +15% 1Q21 $166.3 +78% 1Q21 $664.5 +3% 1Q22 $163.1 -2% 1Q22 Revenue +3% driven by strong product demand despite lower promotional activity offset by continuing impact of constrained product availability due to industry-wide supply chain issues Adjusted EBITDA -2% driven by planned opex investments to support future growth ● Adjusted EBITDA margin -120 bps to 24.6% driven by planned opex investments to support future growth Gross margin +140 bps to 47.8% driven by reduced promotional activity and product mix partially offset by higher shipping and logistics costs related to industry-wide supply chain dynamics 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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