Sonos Results Presentation Deck

Cash Flow & Balance Sheet Highlights Cash flow from operations Capital expenditures % of revenue Free cash flow Free cash flow / Adj EBITDA Ending cash & cash equivalents Total debt 1Q23 $ 182.3 $14.7 2.2% $167.6 135% $ 431.5 $- 1Q22 $ 179.9 $6.4 1.0% $ 173.6 106% $ 754.4 $- Y/Y Change 1% 131% (3)% (43)% N/A ● Cash and cash equivalents of $431.5M, no debt. Key contributors to q/q increase in cash balance driven by: O $148M decrease in inventories Cash flow provided by operations of $182.3M, +1% y/y, mainly due to decrease in inventories as well as: Capex of $14.7M, largely driven by manufacturing-related investments to support the launch of new products Free cash flow of $167.6M, -3% y/y Share repurchases of $15M in 1Q23; $85M remaining on our $100M authorization Note: $ in millions (unless noted), unaudited. Free cash flow and adjusted EBITDA are non-GAAP measures. 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. 7

View entire presentation