Sohu.com Limited provided earnings guidance for the first quarter of 2023. For the first quarter of 2023, Sohu estimates: Brand advertising revenues to be between USD 20 million and USD 23 million; this implies an annual decrease of 3% to 16%, and a sequential decrease of 20% to 31%. Online game revenues to be between USD 121 million and USD 131 million; this implies an annual decrease of 17% to 23%, and a sequential increase of nil to 8%.

Non-GAAP net loss attributable to Sohu.com Limited to be between USD 15 million and USD 25 million; and GAAP net loss attributable to Sohu.com Limited to be between USD 20 million and USD 30 million. For the first quarter 2023 guidance, the Company has adopted a presumed exchange rate of RMB 6.80=USD 1.00, as compared with the actual exchange rate of approximately RMB 6.35=USD 1.00 for the first quarter of 2022, and RMB 7.09=USD 1.00 for the fourth quarter of 2022.