Sonos Results Presentation Deck

Q1 Highlights Strong Q1 results and increased confidence in FY22 outlook; raising outlook at mid-point Record Q1 revenue of $664.5M, +3% from LY driven by: O Strong product demand despite lower promotions vs LY Offset by constrained supply (could have sold more if not for supply constraints) Record Q1 gross margin of 47.8%, +140 bps from LY driven primarily by product mix and reduction in promotions vs LY offset by industry-wide shipping and logistics costs Q1 adjusted EBITDA of $163.1M, -2% from LY driven by planned opex investments to support future growth Q1 adjusted EBITDA margin of 24.6%, -120 bps Note: Unaudited. See appendix for reconciliation of GAAP to non-GAAP measures.

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