In the video, a person is seen cutting out a number two from a yellow sheet of paper. The person uses a knife to cut around the shape of the number two, carefully following the lines of the paper. Once the cutting is complete, the person removes the excess paper around the number two, revealing a clean and precise cut. The person then places the number two on a wooden surface, showing the final result of the cut-out. The video provides a clear and detailed view of the cutting process, highlighting the person's skill and precision.