Third Quarter 2024 Operating Results

• For PC games, total average monthly active user accounts[4] (MAU) were 2.2 million, a decrease of 2% year-over-year and 3% quarter-over-quarter. Total quarterly aggregate active paying accounts[5] (APA) were 0.9 million, a decrease of 13% year-over-year and flat quarter-over-quarter. The year-over-year decrease in APA was mainly due to the natural decline of our older games, including TLBB PC.
  
• For mobile games, total average MAU were 3.2 million, an increase of 41% year-over-year and a decrease of 34% quarter-over-quarter. Total quarterly APA were 1.1 million, an increase of 142% year-over-year and a decrease of 3% quarter-over-quarter. The year-over-year increases in MAU and APA were mainly from New Westward Journey, which was launched during the second quarter of 2024. The quarter-over-quarter decrease in MAU was mainly due to the natural decline of New Westward Journey.