Turtle Beach : Investor Presentation – November 2025

INVESTOR PRESENTATION

NASDAQ: TBCH | NOVEMBER 6, 2025

RAISE YOUR RANK WITH TURTLE BEACH GAMING ACCESSORIES

Named a Top 5 Consumer Electronics Brand for Gaming Hardware & Peripherals(1)

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1. Time.com October 2024 / https://time.com/collection/worlds-best-brands-2024

INVESTMENT HIGHLIGHTS

Continued Market Leadership & Innovation

Operational Excellence in the Growing Games Industry

Expanding Brand Reach

Strong Financial Performance

Disciplined & Balanced Capital Allocation Strategy

Experienced Leadership with Proven Commitment to Enhancing Shareholder Value

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TURTLE BEACH IS…

THE BEST-SELLING GAMING HEADSET BRAND for

the past 15-years(1) , and one of the most recognized brand names in gaming.

A TOP 5 GAMING ACCESSORIES LEADER in the

$11.2B(2)multi-category global gaming accessories market.

• Gaming Headsets with over 85-million Turtle Beach

  headsets sold since 2010

• Controllers, a top 5 global brand

• PC Gaming Peripherals featuring award-winning keyboards, mice, & more

  MARKET LEADERSHIP & INNOVATION

• Simulation, including the top-selling flight simulation

  model in the US(3)

• Expanding Brand Reach in key int'l growth markets

  including Canada & Latin America

• Retail Strength with over 450K global points of distribution

1. Circana, Retail Tracking Service, U.S., Video Games, Headsets, Dollar and Units, FY 2010 - 2024

2. Newzoo Peripheral Market Forecast, June 2023 & Internal Estimates updated July 2025

3. Circana, Retail Tracking Service, U.S., Video Games, Flight Controllers, Dollar Sales by Item, Jan - Sept

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   INDUSTRY FUNDAMENTALS

   KEY DYNAMICS & GROWTH DRIVERS WITHIN GAMING & ACCESSORIES

   • An Expanding Global Gaming Market: The global gaming market is growing, fueling continued demand for high-quality gaming accessories
   • Technological Advancements: Continuous advancements in technology are essential for enhancing the gaming experience
   • Customization & Personalization: Gamers seek accessories that cater to their unique preferences, requirements, and personalities

     OPERATIONAL EXCELLENCE

• Content Creators: Similar to the rise of esports, content creation, both in and outside of gaming, continues to drive awareness and grow fanbases
• Competitive Gaming: The rise of competitive esports in gaming increases the need for high-quality, high-performance gaming accessories
• Supply Chain Management: Efficient supply chain management is crucial for timely delivery and cost-effective production

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  THE GAMING MARKET CONTINUES GROWING

  EXPECTING STRONG GROWTH IN THE VIDEO GAME SECTOR(1)

  • Market Growth in 2025 is driven by an improving console and software environment, supported by the launch of the Nintendo Switch 2 and recent strong AAA game performance, which is expected to continue in 2026, including the upcoming May launch of GTA VI.

  • The Switch 2 debuted in June 2025 as the fastest-selling console system ever and is expected to maintain strong performance through 2026, reinforcing hardware momentum.

    OPERATIONAL EXCELLENCE

  • The PlayStation 5 also had its best-ever hardware sales quarter during holiday 2024, with momentum expected to continue in the upcoming 2025 holiday season and into 2026(1).

1. DFC intelligence November 2025 market Forecast

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UNLOCKING POTENTIAL IN THE $11.2 BILLION GAMING ACCESSORIES MARKET

STRENGTHENING TURTLE BEACH'S POSITION AS A LEADING 3RD PARTY GAMING ACCESSORIES MAKER

Simulation

Headsets Controllers PC Peripherals

$2.9B

Market

Continue Leadership in Gaming Headsets

$3.0B

Market

Continue Growth in Gamepads/Controllers

$3.9B

Market

Continue Expanding Turtle Beach Brand in PC Gaming Peripherals

$1.4B

Market

Continue Growth in Gaming Simulation Accessories

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Source: Newzoo Peripheral Market Forecast, June 2023 & Internal Estimates updated July 2025

THE MARKET LEADER IN GAMING HEADSETS, INCLUDING FIRST PARTY

FOR THE PAST 15 YEARS & COUNTING

#1 GAMING HEADSET(1)

PROVIDER FOR XBOX & PLAYSTATION

#1 OVERALL SHARE POSITION(1)

HIGHEST REVENUE & UNIT SHARE

STRONG BRAND & REPUTATION

AMONG GAMERS, RETAILERS, GAMING INDUSTRY

U.S. GAMING HEADSET

EXPANDING BRAND REACH

REVENUE SHARE

2024

PRODUCT INNOVATION

WHY & HOW

WITH UNIQUE FEATURES, MANY PATENTED

RETAIL STRENGTH

LEADERSHIP IN US POINTS OF DISTRIBUTION

STRONG PARTNERSHIPS

WITH LEADING INFLUENCERS & CONTENT CREATORS

OVER 30% REVENUE SHARE(2)

OF THE WIRED HEADSET MARKET

OVER 23% REVENUE SHARE(2)

OF THE WIRELESS HEADSET MARKET

1. Circana, Retail Tracking Service, U.S., Video Games, Headsets/Headphones, Dollar Sales/Unit Sales, Jan - Dec 2024

2. Circana, Retail Tracking Service, U.S., Video Games, Headsets/Headphones/Wired/Wireless/Dollar Sales, Jan - Dec 2024

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COMPELLING GAMING FAN REACH THROUGH POWERFUL PARTNERSHIPS

A SAMPLING OF TURTLE BEACH'S CURRENT GLOBAL CREATOR & ESPORTS PARTNERSHIPS

Ali-A Fortnite/Call of Duty

48M Reach

Nicewigg Apex Legends 2M Reach

Shlorox GTA / Variety

1M Reach

AirforceProud95 Flight Sim 2M Reach

UCSD Esports Collegiate Partnership

NIU Esports Collegiate Partnership

EXPANDING BRAND REACH

Skyrroz Call of Duty 5M Reach

Blackpanthaa Race

2M Reach

Coconut Brah Rainbow 6 Siege 2M Reach

GoatR2 Fortnite/Variety 2M Reach

Capcom Pro Tour Esports Tournament Partnership

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