Yelp Investor Presentation Deck

Growth driven through product innovation 40% 20% 0% -20% -40% Growth driven by local sales headcount 2018 Revenue vs. Total Headcount Percent change from Q1 2018 2019 Business transformation accelerated by covid 2020 Headcount Growth driven by product innovation 2021 Profitable Business Model 2022 Revenue In 2023, we plan to maintain our approximate YE 2022 headcount to drive leverage 27

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