Red Bubble Annual Report 2022

Operating Environment Gross Transaction Value (GTV) of $630 million down 10% (12% on a constant currency basis) Marketplace Revenue of $483 million down 13% (14% on a constant currency basis) Overview Company Overview Governance Financial Report Additional Information The macro environment in which our marketplaces operate has been characterised by high levels of uncertainty and volatility. Redbubble is truly global in nature, with 69% of marketplace revenue coming from North America, 23% from Europe and 7% from Australia and New Zealand. Whilst this provides strong resilience and diversity, it does mean that events occurring in other regions have more of an impact upon strategy and performance than local events here in Australia. Artists on Redbubble design and sell products printed with their artwork to individual consumers, and these consumers have not only had to adapt to the ongoing nature of COVID-19, they have also been impacted by other events. In particular, the Ukraine conflict, supply chain disruptions and more recently, a sustained increase in non discretionary costs. These events are resulting in material and sometimes unpredictable changes in current consumer spending patterns. Outcomes In FY2022, the business has continued to operate at a much larger scale than pre COVID-19. Redbubble’s FY2022 financial metrics are: • Gross Transaction Value (GTV) of $630 million • Marketplace Revenue of $483 million • Gross Profit of $183 million • An EBITDA loss of $11 million • An EBIT loss of $22 million • A net loss after tax (NPAT) of $25 million • An operating cash inflow of $3 million • A closing cash balance as at 30 June 2022 of $89 million 16 Redbubble – Annual Report 2022 17 Redbubble – Annual Report 2022