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Q3’2025 Investor Presentation November 2025
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Disclaimer The information contained in this presentation has been prepared by GigaCloud Technology Inc (the “Company”) solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment or trading strategy, nor shall any part of it form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities or otherwise. This document 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. Nothing contained in this document shall be relied upon as a promise or representation as to the past or future performance of the Company. Past performance does not guarantee or predict future performance. You acknowledge that any assessment of the Company that may be made by you will be independent of this document and that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company. This document contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the business outlook and quotations from management in this document, if any, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided herein is as of the date of this document, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. This document may also contain non-GAAP financial measures, the document of which is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America. In addition, the Company’s calculation of these non-GAAP financial measures may be different from the calculation used by other companies, and therefore comparability may be limited. The reconciliation of those measures to the most comparable GAAP measures is contained within this document or available at our website https://investors.gigacloudtech.com. 2November 2025
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GIGACLOUD TECHNOLOGY (NASDAQ: GCT) IS A PIONEER OF THE GLOBAL B2B MARKETPLACE FOR LARGE PARCEL MERCHANDISE THAT IS REINVENTING THE SUPPLY CHAIN AND TRANSFORMING THE WAY WHOLESALE BUYERS AND SELLERS CONNECT AND TRANSACT Our GigaCloud B2B Marketplace seamlessly connects suppliers and resellers across the globe in real time Our Mission Statement 3
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2023 Acquisitions of 2024 Russell 2000 Inclusion 2024 Forbes’ #1 America’s Most Successful Small-Cap Company 2010 Launched our first ecommerce store on Rakuten Officially entering the Japanese market 2013 Official entry into the U.S. market 2019 Launched Gigab2b.com 2012 Official entry into the U.K. Market 2017 Official entry into the German market 2022 IPO on Nasdaq Opened our Malaysia office Our History 4November 2025
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GigaCloud At A Glance OUR FINANCIALS 333 323 272 296 303 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Total Revenues $333M / 10% Revenue / YoY Growth Q3’24 to Q3’25 Gross Profit & Margin $77M / (0.4)% Gross Profit / YoY Growth Q3’24 to Q3’25 37 35 27 31 41 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Net Income & Margin $37M / (9)% Net Income / YoY Growth Q3’24 to Q3’25 Diluted EPS $0.99 / 1% Diluted EPS / YoY Growth Q3’24 to Q3’25 OUR SCALE $1.5B GigaCloud Marketplace GMV LTM ended 9/30/25 21% GigaCloud Marketplace GMV Growth Year-over-Year $790M 3P Seller GigaCloud Marketplace GMV LTM ended 9/30/25 24% 3P GigaCloud Marketplace GMV Growth Year-over-Year OUR REACH 1,232 Active 3P Sellers LTM ended 9/30/25 17% Active Seller Growth Year-over-Year 11,419 Active Buyers LTM ended 9/30/25 34% Active Buyer Growth Year-over-Year ~$130k Active Buyer Spend LTM ended 9/30/25 6 $0.99 $0.91 $0.68 $0.76 $0.98 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Liquidity $367M$126M $261M$90M As of 9/30/22 $83M $215M $118M$23M Operating Cash Flow Cash, Equivalents, Restricted Cash & Investments As of 9/30/23 11% 10% 11% 13% 23% 22% 25% ($M) As of 9/30/24 As of 9/30/25 Liquidity figures represent the nine months ended 9/30 of each year 24% 11% 77 77 64 65 77 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 26%23% 24% 23% 22%
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Our Capital Allocation 7 Gross Proceeds Raised in IPO $41M in Class A shares repurchased under 2023 authorization $2M Acquisitions of Noble House & Wonder $87M in Class A shares repurchased under 2024 authorization $69M 2022 2023 2024 2025 in Class A shares repurchased under 2025 authorization $16M November 2025
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November 2025 Nature of the Furniture Industry Non-standard Countless styles, sizes, and colors create a vast product universe Big & Bulky Furniture is big, bulky, and costly to ship and store Fragmented Market Numerous players and diverse sales channels create a complex environment 9
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What is SFR®? Supplier Fulfilled Retailing® (SFR®): Transforming wholesale trade through reorganizing the supply chain and redefining key roles for a risk- and efficiency-optimized B2B ecosystem. SELLER BUYER END CONSUMER GIGAB2B.COM GLOBAL FULFILLMENT NETWORK RETAILERS/RESELLERS ECOMMERCE/BRICK-AND-MORTAR Fulfilled Through 10 November 2025 SUPPLIERS/MANUFACTURERS
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11 SFR® in Action • Once SKUs are physically received at Giga’s fulfillment centers, they are uploaded to GigaB2B.com for sale Seller Lists Products • Browse by style, download specs and images • Order showroom samples for display Buyer Discovers Products • Integrated into buyer storefront Buyer Displays on 2C Channels • Purchase made through buyer’s storefront • Buyer places the order on GigaB2B.com after making a sale End Consumer Places Order • Giga ships from 36 global fulfillment centers directly to end consumer GigaCloud Fulfills Directly November 2025 Enabling suppliers and retailers to scale through a global, end-to-end commerce infrastructure.
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Why SFR®? 12 November 2025 RETAILERIMPROTER & DISTRIBUTORMANUFACTURER TRADITIONALLY SFR® A Smarter Supply Chain • Low margins in a competitive landscape • High inventory risk from fragmented channels • Complex supply chain requires manual coordination • Direct to End Consumer • Nationwide Flat Rate - Easy Margin Planning • End-to-End Managed Fulfillment • Advanced-Tech-Enabled Load Balancing Cloud Network • Reduced Inventory Risk • Endless Aisle • Limited display space and inflexibility to consumer demand • High inventory risk from fragmented channels • Pricing difficulties & margin uncertainty Complex Multi -stop Supply Chain With High Fulfillment / Storage Costs 12
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13 USAGE-BASED Pay as you go. No upfront commitment or inventory risk. FLEXIBLE Plug in where it fits. Sourcing, fulfillment, or sales. Nothing is locked in. EFFICIENCY THROUGH COMPETITION Compete in real time. Compare and choose the best price, product, and service. Why Partners Choose GigaCloud? EMPOWERED Doubling down on what you do best. We will handle the rest. November 2025
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GigaCloud Marketplace GMV = Total gross merchandise value of transactions ordered through GigaCloud Marketplace, including 3P and 1P, before deducting value added tax, goods and services tax, shipping charges paid by buyers to sellers, and refunds 15 Revenue generated from sale of GigaCloud inventory Revenue generated from services through facilitation of transactions between sellers and buyers Infrastructure supporting 1P & 3P businesses; providing efficient fulfillment solutions 1P, 3P, and Logistics November 2025
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Attractive Active Buyer Trends 17 November 2025 $55 $105 $114 $129 $125 $130 $123 $126 $113 $123 $119 $18 $47 $60 $59 $55 $56 $47 $51 $46 $33 $71 $121 $94 $94 $84 $101 $88 $6 $62 $74 $86 $86 $88 $88 $8 $30 $54 Q3'20 Q3'21 Q3'22 Q3'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Active Buyer Spend (GMV) in GigaCloud Marketplace (USD$ in millions) 2019 - 2021 Buyers 1,351 3,082 4,198 4,602 5,493 7,257 8,535 Buyers represent the group of buyers who first purchased products through the GigaCloud Marketplace in a given year Active Buyers shows the total number of buyers who have made at least one purchase in our GigaCloud Marketplace in the last twelve months Source: Company 2022 Buyers 2023 Buyers Active Buyers 2024 Buyers 9,306 KEY BUYER TRENDS Sustained momentum in buyer spending and engagement through expansion of service offerings and enhancement of logistics capabilities Continued growth in active buyer base, driven by customer referrals and word-of-mouth Q3’24 Q3’25 $74M $88M 19% 01 02 03 $~130k Spend per Active Buyer 11,419 Active Buyers Q3 2025 KEY STATISTICS 2025 Buyers 9,966 10,951 Buyers who joined in 2024 increased spend from $74M in Q3’24 to $88M in Q3’25 11,419
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Flexible Tools to Facilitate Transactions Simple Transactions Complex Transactions Direct Fulfilment GigaCloud fulfills product directly from a Company facility to the end consumer, without need for buyers to warehouse or handle any aspect of fulfillment Rebate Spot Price Margin Transaction Margin Transaction for Future Goods 18 November 2025
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Expansive Product Categories 50,000+ SKUs and Growing 19 FITNESS ➢ Home Gym Equipment ➢ Weightlifting Gear ➢ Swimming Gear ➢ Outdoor Gear BATH ➢ Sauna Rooms ➢ Plumbing ➢ Bathtub ➢ Stool ➢ Sinks OTHERS ➢ Travel Accessories ➢ Home Decoration ➢ Christmas Trees ➢ Home Lighting ➢ Pet Supplies TOYS ➢ Trampolines ➢ Play Structures ➢ Bouncy Castles ➢ Basketball Hoops ➢ Kids' Ride-On Toys APPLIANCES ➢ Ovens ➢ Ice Makers ➢ Dehumidifiers ➢ Washing Machines ➢ Dishwashers & Dryers GARDENING ➢ Grilling Tools ➢ Garden Décor ➢ Patio Furniture ➢ Outdoor Power ➢ Outdoor Heating INDOOR ➢ Lounge & Dining ➢ Bedroom ➢ Kitchen ➢ Office November 2025 AUTOPARTS ➢ Car Tires ➢ Mobility Aids ➢ Folding Bikes ➢ Car Accessories ➢ Electric Scooters
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Data-driven Tech Stack Accelerates Operational Efficiency SOFTWARE: Tech-Driven Operations Seller & Buyer Warehousing 20 November 2025 Load Balancing Product Advanced Tech Empowered Software Framework End Consumer
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HARDWARE: End-to-End Fulfillment Capabilities 21 November 2025 End Consumers Ocean Transportation Partnership with all major trucking and freight service providers Extensive Trucking Network Global Fulfillment Network Supplier Reseller Delivery of goods Last mile delivery Cloud storage: Virtual warehousing solution formanufacturers Cloud delivery: Direct fulfillment to end consumer with single flat rate option 16 ports of destination 30,000+ containers annually 37 facilities in 5 countries 10.9M+ sf total unified fulfillment management system Empowered to reach >90% of customers in lower 48 states within 3 days on average Bulky Merchandise Delivery items weighing over 150 lbs installation services for end consumers ≥150 lbs 3 Days As of 12/31/2024
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Our Presence North America Fulfillment Strategic locations • Close to major ports • Proximity to customers • Shortened delivery time to end consumer Key operating centers Los Angeles, CA Savannah, GA 22 UK Japan India Vietnam Malaysia Global Reach 1 fulfillment center 2 ports of destination 6 fulfillment centers 4 ports of destination 3 fulfillment centers 1 port of destination Global Sourcing Vietnam India Malaysia China Germany China 26 fulfillment centers 7 ports of destination 1 fulfillment center 2 ports of destination November 2025 Canada USA Cranbury, NJ Grand Prairie, TX
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Thank You