Yalla : First Quarter 2024 Earnings Presentation

1st Quarter 2024 Earnings Presentation

May 2024

Disclaimer

The information in this presentation is provided to you by Yalla Group Limited (the "Company") solely for informational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or instrument of the Company, or to participate in any investment activity or trading strategy, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever, in the United States or anywhere else. The information included herein was obtained from various sources, including certain third parties, and has not been independently verified.

No securities of the Company may be offered or sold in the United States without registration with the United States Securities and Exchange Commission (the "SEC") or an exemption from such registration. Any public offer of the Company's securities to be made in the United States will be made solely pursuant to an effective registration statement and the statutory prospectus included in the registration statement prepared by the Company that would contain material information not contained herein and to which any prospective purchasers are referred. In the event of any such offering, this presentation shall be deemed superseded, amended and supplemented in its entirety by such prospectus. Such prospectus will contain all material information in respect of the Company and any securities offered thereby and any decision to invest in such securities should be made solely in reliance on such prospectus. The prospectus will be available at the website of the SEC and may be obtained from the potential underwriters participating in such offer or the Company upon such publication. This presentation does not contain all relevant information relating to the Company or its securities, particularly with respect to the risks and special considerations involved with an investment in the securities of the Company, and these materials are qualified in their entirety by reference to the detailed information to appear in the statutory prospectus. This presentation does not constitute a "prospectus" within the meaning of the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Company is not making any offer of its securities at this time, and cannot accept orders for any securities at this time.

This presentation does not constitute legal, regulatory, accounting or tax advice to you. We recommend that you seek independent third party legal, regulatory, accounting and tax advice regarding the content of this document. This presentation does not constitute and should not be

considered as any form of financial opinion or recommendation by the Company or any other party.

No representations, warranties or undertakings, express or implied, are made and no reliance should be placed on the accuracy, fairness or completeness of the information, sources or opinions presented or contained in this presentation. By viewing or accessing the information contained in this presentation, you hereby acknowledge and agree that neither the Company or any authorized representatives, nor any of their respective directors, officers, employees, advisers, nor any of their representatives, affiliates, associated persons or agents accepts any responsibility for or makes any representation or warranty, express or implied, with respect to the truth, accuracy, fairness, completeness or reasonableness of the information contained in, and omissions from, these materials and that neither the Company, any authorized representatives or any underwriters, nor any of their respective directors, officers, employees, advisers, nor any of their representatives, affiliates, associated persons or agents accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. The information presented or contained in this presentation is subject to change without notice and its accuracy is not guaranteed.

This presentation contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers about the future. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors and assumptions, many of which are beyond the Company's control. Neither the Company or any authorized representatives, nor any of their respective directors, officers, employees, advisers, nor any of their representatives, affiliates, associated persons or agents has any obligation to, nor do any of them undertake to, revise or update the forward-looking statements contained in this presentation to reflect future events or circumstances.

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Agenda

01	1st Quarter 2024 Achievements and Growth Strategies
02	Recent Developments
03	1st Quarter 2024 Financial Performance Overview

04 Q&A

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1st Quarter 2024

Achievements and

Growth Strategies

Robust 1st Quarter 2024 Results Further Strengthen Yalla's Position as the Largest MENA-based Online Social Networking and Gaming Company

US$78.7MM

1Q2024 Revenues

US$35.3MM

1Q2024 Non-GAAP

Net Income (1)

Core Competitive Strengths

44.8%

1Q2024 Non-GAAP

Net Margin (2)

First Mover

Innovative

Business Model

Pure UGC Platform

Localized and

Customized

Expanding

Product Portfolio

In voice-centric mobile social networking and entertainment in MENA

Focusing on users' interaction and social networking experience lead to leading position in MENA

Encourages user engagement and helps build a healthy and cohesive user community

Product features specifically designed to fit the social networking and entertainment needs of MENA users

Continually diversifying our platform's product offerings to extend our brand and deepen user loyalty

Notes:

1. Non-GAAP net income represents net income excluding share-based compensation. Non-GAAP net income is a non-GAAP financial measure.5

2. Non-GAAP net margin is non-GAAP net income as a percentage of revenues.

Recent Developments

Our Integrated Ecosystem

Social

Yalla

Group voice-chatting

YallaChat

IM product tailored for Arabic users

WeMuslim

Supports Arabic users in observing their customs

Merge Kingdoms

SLG hard-core game

Age of Legends

RPG hard-core game

Mid-core and

Hard-core Games

Casual Games

Yalla Ludo

MENA casual games+social networking

Yalla Baloot

Saudi Arabian card game

101 Okey Yalla

Turkish board game

Yalla Parchis

South American Ludo

exploring opportunities overseas

More to come

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Yalla Joined UK Interactive Entertainment Association (UKIE)

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• Yalla joined the UK Interactive Entertainment Association (UKIE) invited by the UKIE's CEO and Vice Chairman in 1Q24, the oldest video games and interactive entertainment trade body in the world.
• Yalla aims to align with game developers worldwide and foster greater connectivity within the industry.

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Yalla Ludo: Flagship Product Influence Expands Online & Offline

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Online Preliminaries

4Q23 Riyadh

1Q24 Baghdad

• Yalla hosted a second offline tournament in Baghdad in 1Q24 - following the successful offline Yalla Ludo Tournament in Riyadh in 4Q23.

With an impressive response of more than 10,000 registered players and 128 outstanding finalists competing in the live final round.

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Yalla's Brand Across MENA and Globally

Top Publisher Awards in the EMEA region

• Data.ai's annual Top Publisher Awards named Yalla Group among the top 30 EMEA publishers for the fourth consecutive year.

WN Conference 2024 invited Yalla to share its success story

• Yalla shared its success story at the WN Conference 2024. This year's event in Abu Dhabi drew over 800 attendees, mostly from the GCC video game market and featured leading international players.

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