Sea Limited Reports Third Quarter 2021 Results

2021-11-16

Dear Sailors,

Today we are reporting our results for the third quarter of 2021. I am pleased to share that we are reporting sustained strong growth right across our businesses. We continue to scale with efficiency are build deeper connections across our ecosystems, and we continue to capture new growth opportunities as we do so.

I would like to thank all of you for your tireless dedication to our mission of bettering the lives of consumers and small businesses through technology. In the current environment, Sea's commitment to serving the unmet needs of our communities has never been more important. As more people in our communities embrace digitalisation, let us stay focused on playing our part in building a healthy and sustainable digital economy.

I am also very pleased to announce Chris Feng's appointment as Sea's Group President effective from January 1, 2022. Chris is an exceptional business leader who has delivered outstanding results for Sea and deeply embodies our core values. He, together with the rest of the leadership team and our hugely talented Sailors, have not only driven our business forward but also significantly furthered Sea's mission to better the lives of consumers and small businesses with technology.

Going forward, Chris will continue to directly report to me, and operate our Shopee and SeaMoney businesses. In addition, as Group President, Chris will work closely with me and the rest of the group leadership team on our long-term strategic initiatives, with an increasing focus on synergy creation across our various businesses.

Sincerely,
Forrest