#1April 2022 Investor Briefing George Kurtz, Co-Founder and CEO Mike Sentonas, Chief Technology Officer Burt Podbere, Chief Financial Officer 2022 CrowdStrike, Inc. All rights reserved. O CROWDSTRIKE#2Safe Harbor This presentation includes express and implied "forward-looking statements", including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and in some cases, can be identified by terms such as "anticipate," "believe,” “estimate," "expect,” “intend," "may," "might," "plan,” “project,” “will," "would," "should,” “could,” “can,” “predict," "potential," "continue," or the negative of these terms, and similar expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements contained in this presentation include, but are not limited to, statements concerning our estimates of market size and opportunity, strategic plans or objectives, our growth prospects, projections (including our long-term model and modeling considerations), our product roadmap and future initiatives, and the performance and benefits of our products. By their nature, these statements are subject to numerous risks and uncertainties, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements. Such risks and uncertainties are described in the "Risk Factors" section of our most recent Form 10-K filed with the Securities and Exchange Commission. Although our management believes that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. Recipients are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date such statements are made and should not be construed as statements of fact. Except to the extent required by federal securities laws, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events. Information in this presentation on new products, features, and functionality, including our expectations with respect to the development, release and timing thereof, is for informational purposes only and should not be relied upon. Certain information contained in this presentation and statements made orally during this presentation relate to or are based on studies, publications, surveys and other data obtained from third-party sources and CrowdStrike's own internal estimates and research. While CrowdStrike believes these third-party studies, publications, surveys and other data to be reliable as of the date of this presentation, it has not independently verified, and makes no representations as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, no independent source has evaluated the reasonableness or accuracy of CrowdStrike's internal estimates or research and no reliance should be made on any information or statements made in this presentation relating to or based on such internal estimates and research. 2022 CrowdStrike, Inc. All rights reserved. 2 CROWDSTRIKE#3Financial Information Use of Non-GAAP Financial Measures In addition to our results determined in accordance with U.S. generally accepted accounting principles ("GAAP"), we believe non-GAAP measures used in this presentation, such as non-GAAP Gross Margins, Non-GAAP Operating Expenses and Free Cash Flow, are useful in evaluating our operating performance. We use such non-GAAP financial information to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Other companies, including companies in our industry, may calculate similarly titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. In addition, the utility of free cash flow as a measure of our financial performance and liquidity is limited as it does not represent the total increase or decrease in our cash balance for a given period. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business. Please see the appendix included at the end of this presentation for a discussion of non-GAAP financial measures and a reconciliation of historical non-GAAP measures to historical GAAP measures. Our Fiscal Year Our fiscal year end is January 31, and our fiscal quarters end on April 30, July 31, October 31, and January 31. Our fiscal years ended January 31, 2017, 2018, 2019, 2020, 2021, and 2022 are referred to herein as fiscal 2017, 2018, 2019, 2020, 2021, and 2022, respectively. 2022 CrowdStrike, Inc. All rights reserved. 3 CROWDSTRIKE#4CrowdStrike: A Generational Company George Kurtz Co-Founder and CEO#5Cloud Architecture Cloud-Based Reporting Learning Machine 2011 F1 Virtual State Machine Cloud-Based Management Unified Thre Database The Original Story Goal The largest private security cloud in the world How? Cloud Enabled Sensors Security Telemetry Data Salesforce meets security 10101 01101010 OLL PEOLOOG 10101#6FRE DE EE ZE 18 08 62 82 12 92 92 72 82 22 12 | | | | | We Stop Breaches#7APIS EDR NEXT-GEN ANTIVIRUS FIREWALL MANAGEMENT DEVICE CONTROL SECURECIRCLE ENDPOINT SECURITY Workstations CrowdStrike Falcon Platform: Defining the Security Cloud 2022 CrowdStrike, Inc. All rights reserved. CLOUD SECURITY POSTURE MANAGEMENT CLOUD DISCOVERY CLOUD RUNTIME PROTECTION CLOUD SECURITY Servers THREAT HUNTING TURNKEY SECURITY MANAGED SERVICES FORENSICS IT HYGIENE VULNERABILITY MANAGEMENT FILE INTEGRITY MONITORING SECURITY & IT OPERATIONS THREAT GRAPH Virtual Machines SITUATIONAL AWARENESS THREAT INTELLIGENCE MALWARE SEARCH MALWARE ANALYSIS THREAT INTELLIGENCE FUSION WORKFLOWS XDR ANALYTICS LIGHTWEIGHT AGENT Containers IDENTITY THREAT DETECTION ZERO TRUST SECURITY IDENTITY PROTECTION HUMIO Cloud HUMIO LOG MANAGEMENT Mobile EXTENDED DETECTION & RESPONSE CROWD XDR The extensible Crowd Strike Falcon platform includes cloud modules, single lightweight agent, Threat Graph, and newly acquired technologies CROWDSTRIKE STORE IOT 7 !! APIS CROWDSTRIKE#8Sources: Modern Endpoint Security CrowdStrike Market Rank Growing market share in a growing market CrowdStrike Market Share % CY19 #4 7.9% CY20 #1 12.2% IDC, Worldwide Modern Endpoint Security Market Shares, July 2020-June 2021: CrowdStrike and Microsoft Outdistancing All Other Vendors in a Rapidly Expanding Market, IDC #US48616621, January 2022 IDC, Worldwide Corporate Endpoint Security Market Shares, 2020: Pandemic and Expanding Functionality Propelled Market Growth, IDC #US47768021, 12-months ending June 2021 2022 CrowdStrike, Inc. All rights reserved. CY21 Mid-Year #1 14.2% 8 CROWDSTRIKE#9A Leader in the EDR Market "CrowdStrike dominates in EDR while building its future in XDR and Zero Trust." FORRESTER The Forrester Wave™ is copyrighted by Forrester Research, Inc. Forrester and Forrester WaveTM are trademarks of Forrester Research, Inc. The Forrester Wave™ is a graphical representation of Forrester's call on a market and is plotted using a detailed spreadsheet with exposed scores, weightings, and comments. Forrester does not endorse any vendor, product, or service depicted in the Forrester WaveTM. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change. 2022 CrowdStrike, Inc. All rights reserved. Challengers Stronger current offering Weaker current offering Contenders Fortinet O BlackBerry Cylance- Weaker strategy O Cybereason Check Point Software Technologies Strong Performers Palo Alto Networks FireEye SentinelOne McAfee Trend Micro Microsoft CrowdStrike • Bitdefender CROWDSTRIKE Elastic VMware Carbon Black Leaders O Sophos Stronger strategy Source: The Forrester Wave™ Endpoint Detection And Response Providers, Q2 2022, April 6, 2022 CROWDSTRIKE#10SE Labs 100% Detection of Attacks in EDR Test 2022 CrowdStrike, Inc. All rights reserved. Best in class protection AV comparatives 99.9% Highest Protection Rate in the Real-World Test MITRE 100% Prevention in the ATT&CK Evaluations Source: SE Labs: Advanced Security Test - EDR, November 2021, AV Comparatives - Business Security Test, August - November 2021, MITRE Engenuity ATT&CK® Enterprise Evaluations, March 2022. 10 CROWDSTRIKE#11MITRE ATT&CK Evaluations MITRE ATT&CK® 2022 CrowdStrike, Inc. All rights reserved. #1 in Prevention #1 in Stopping Breaches The leader in XDR CrowdStrike leads the latest MITRE ATT&CK Evaluations with 100% automated prevention Leading visibility Leading analytic coverage The ONLY platform with native Zero Trust & Identity Protection#12Scale + Growth + Cash Flow The winning formula 2022 CrowdStrike, Inc. All rights reserved. 43 5 1 Software Peer Group with >$1B LTM Revenue With LTM Revenue Growth Rates >60% With LTM FCF Margin 30%+ CrowdStrike Source: Based on publicly traded companies represented in database Public Comps. Segments used in analysis: High Growth SaaS, Mature SaaS, Vertical SaaS, B2B SaaS, Cybersecurity, Enterprise Software, UCaaS, and Top 10 SaaS (as such categories are defined by Public Comps) as of March 2022. 12 CROWDSTRIKE#13ACHIEVING $5 BILLION+ ARR Innovate www Capture secular trends Expand TAM GOO Gain market share The journey is just beginning Increase wallet share 13#14With current portfolio: In 2023 In 2021 At IPO in 2019 Source: IDC and company estimates. 2022 CrowdStrike, Inc. All rights reserved. $25B Long-term TAM evolution $44B $36B 14 CROWDSTRIKE#15Potential TAM in CY25 (includes planned offerings) With current portfolio: In 2024 In 2022 At IPO in 2019 Source: IDC and company estimates. See Appendix. 2022 CrowdStrike, Inc. All rights reserved. $25B Long-term TAM evolution $58B $71B Organic TAM growth $126B Product Future roadmap initiatives Cloud security opportunity 15 CROWDSTRIKE#16<1% estimated market penetration Significant runway for new logos globally Public Sector Includes Government/Education Accounts, including FED, SLED, K-12 2022 CrowdStrike, Inc. All rights reserved. Public Sector Enterprise Mid-Market & Corporate SMB 35% estimated market penetration 7,500-25,000+ Employees 3% estimated market penetration 251-7,499 Employees <1% estimated market penetration 5-250 Employees Source: D&B Hoovers, Government Navigator as of March 2022 and CrowdStrike internal data as of January 31, 2022. Excludes countries where CrowdStrike does not plan to do business. 16 CROWDSTRIKE#172022 CrowdStrike, Inc. All rights reserved. Strong competitive moat and barriers to entry Single Intelligent Agent Cloud-Native Architecture 0 0--0--0 ~ Real-time, Cloud-scale Al Integrated Platform Scalability 17 CROWDSTRIKE#18Zero Trust: Workload Identity Data 2022 CrowdStrike, Inc. All rights reserved. Prevent Insight Device Control Firewall Management Horizon Forensics SecureCircle Log Management 09: Data ਫੌਜ Workload Identity Cloud Workload Protection Spotlight Discover Discover for Cloud and Containers FileVantage Zero Trust Identity Threat Detection 18 CROWDSTRIKE#19Zero Trust: Workload Identity Data 2022 CrowdStrike, Inc. All rights reserved. Correlate device posture with granular data protection CrowdStrike Intelligence and Managed Services 09 Data ਫੌਜ Workload Identity Protect the usage and movement of critical data Gain complete visibility into the authentication activity of all accounts and endpoints 19 CROWDSTRIKE#20CrowdStrike Sales Team Channel-First Field Sales Inside Sales Specialist 2022 CrowdStrike, Inc. All rights reserved. Multi-faceted go-to-market Strategic Services Incident Response Partners Insurance Carriers Law Firms Global Channel Cloud Marketplaces Solution Providers Global Sls Regional VARS Telcos Strategic Partnerships Technology Alliances MSSP Partners MDR Partners OEM Partners Ecommerce Engine Digital Lead-Gen Free Trial (New Logo) In-app Trials (Cross-Sell) 20 CROWDSTRIKE#2100 789:fd-fet PIEVELY 0000 OO Customer journey George Kurtz Co-Founder and CEO Mike Sentonas Chief Technology Officer 21#2200 789:fd-fet PIEVELY 0000 OO Growing our opportunity at scale Burt Podbere Chief Financial Officer 22#23Surpassed $1.7B Ending ARR 79% Non-GAAP Subscription Gross Margin Another year of milestones 2022 CrowdStrike, Inc. All rights reserved. Achieved $681M Net New ARR 13.5% Non-GAAP Operating Margin All financial figures as of fiscal year ended January 31, 2022. See Appendix for definition of metrics and reconciliations of each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Added 6,429 Net New Subscription Customers 30% Free Cash Flow Margin 23 CROWDSTRIKE#245-year CAGR +97% $59 FY17 5-year CAGR +105% $38 FY17 2022 CrowdStrike, Inc. All rights reserved. $141 FY18 $93 Ending ARR ($M) FY18 $313 FY19 $219 $600 Subscription Revenue ($M) FY19 FY20 $436 $1,050 FY20 FY21 $805 FY21 Growth to date $1,731 FY22 $1,360 FY22 5-year CAGR +94% $53 FY17 5-year CAGR +44% $15 FY17 $119 FY18 $26 Total Revenue ($M) FY18 $250 FY19 $30 $481 FY19 FY20 Professional Services Revenue ($M) $45 $874 FY20 FY21 $70 $1,452 FY21 FY22 $92 FY22 24 CROWDSTRIKE#25FY20 $3.73 Professional Services contribution 2022 CrowdStrike, Inc. All rights reserved. FY21 $5.51 CROWDSTRIKE FY22 $5.71 Average subscription ARR derived from a customer for every $1 spent on initial incident response or proactive services FY20 figure based on organizations who first became professional services customers after February 1, 2017. FY21 figure based on organizations who first became professional services customers after February 1, 2019. FY22 figure based on organizations who first became professional services customers after February 1, 2020. All figures as of their respective fiscal year end. 25 services CROWDSTRIKE#26Prior Year ACHIEVING $3 BILLION+ARR BY FY25 26#27ACHIEVING $5 BILLION+ARR 27#28Annual Recurring Revenue ($M) Net New ARR Starting ARR $59 FY17 2022 CrowdStrike, Inc. All rights reserved. $141 FY18 $313 FY19 The path to $5B+ ARR $600 FY20 $1,050 FY21 $1,731 FY22 Applying just a 10% CAGR to FY22 Net New ARR over the next 4 years achieves $5B+ in FY26 $3B+ FY23 FY24 FY25 $5B+ FY26 28 CROWDSTRIKE#29Growth dynamics 2022 CrowdStrike, Inc. All rights reserved. 29 CROWDSTRIKE#30Subscription Customers Net New Customers Starting Customers 2022 CrowdStrike, Inc. All rights reserved. 450 FY17 Rapidly expanding customer base 1,242 FY18 2,516 FY19 5,431 FY20 5-year CAGR +105% 9,896 FY21 16,325 FY22 30 CROWDSTRIKE#31Net New Customers Starting Customers 9,896 Winning in the enterprise 16,325 65 As of January 31, 2022 15 of the Fortune 100 254 of the Fortune 500 of the top 20 U.S. banks 526 of the global 2000 +12% YoY +44% YOY +25% YoY +35% YoY FY21 FY22 Fortune rankings based on 2021 Fortune list. Top 20 U.S. banks includes "Diversified Financials" and "Commercial Banks" (as such categories are defined by Fortune) in the Fortune 500. Global 2000 rankings based on 2021 Forbes Global 2000 list. 2022 CrowdStrike, Inc. All rights reserved. 31 CROWDSTRIKE#32Minimum ARR required to be a top account 10X 5-year Growth $449K FY17 $3.6M 2022 CrowdStrike, Inc. All rights reserved. FY21 Top 25 Customer Growing success with top accounts $4.6M FY22 13X 5-year Growth $167K FY17 $1.6M FY21 $2.2M Top 100 Customer FY22 78X 5-year Growth $10K FY17 $478K FY21 $775K Top 400 Customer FY22 32 CROWDSTRIKE#33Customer Count 5-year CAGR +98% 10 FY17 176 2022 CrowdStrike, Inc. All rights reserved. FY21 302 Customers >$1M ARR FY22 Winning customers of all sizes 5-year CAGR +75% 151 FY17 1,569 FY21 2,482 FY22 Customers $100K to $1M ARR 5-year CAGR +116% 286 FY17 8,151 FY21 13,541 FY22 Customers <$100K ARR 33 CROWDSTRIKE#34Ending ARR$ 5-year CAGR +125% $13M FY17 $447M 2022 CrowdStrike, Inc. All rights reserved. FY21 $743M Ending ARR from Customers >$1M ARR FY22 Growing customers of all sizes 5-year CAGR +80% $36M FY17 $432M FY21 $683M FY22 Ending ARR from Customers $100K to $1M ARR 5-year CAGR +98% $10M FY17 $171M FY21 $305M FY22 Ending ARR from Customers <$100K ARR 34 CROWDSTRIKE#35Average customer module count +154% 5-year Growth 2.8 FY17 5.9 2022 CrowdStrike, Inc. All rights reserved. Customers of all sizes adopting more modules FY21 Avg. Module Count of Customers >$1M ARR 7.1 FY22 +200% 5-year Growth 1.9 FY17 5.1 FY21 5.7 FY22 Avg. Module Count of Customers $100K to $1M ARR +137% 5-year Growth 1.9 FY17 4.0 FY21 4.5 FY22 Avg. Module Count of Customers <$100K ARR 35 CROWDSTRIKE#36% of subscription customers with multiple cloud modules 30% 4+ 2% FY18 2022 CrowdStrike, Inc. All rights reserved. -5+ ·6+ 47% 18% 6% Strong module adoption FY19 55% 33% 15% FY20 63% 47% 24% FY21 69% 36 57% 34% FY22 CROWDSTRIKE#37Hyper growth modules (YoY growth rates significantly higher than overall customer growth) High growth modules (YoY growth rates similar to overall customer growth) Specialty modules (YoY growth rates lower than overall customer growth) Module growth dynamics 2022 CrowdStrike, Inc. All rights reserved. Cloud Workload Protection Complete Discover for Cloud & Container Firewall Mgmt Device Control Discover Falcon X Sandbox Classifications are based on growth of year-over-year subscription customer counts as of January 31, 2022. Horizon Identity Threat Detection Spotlight Zero Trust Insight OverWatch Prevent Search New Modules (No YoY comparison available) Falcon X Recon FileVantage Forensics Log Management SecureCircle XDR 37 CROWDSTRIKE#38Average module count of new customers FY21 2.0 4.3 2022 CrowdStrike, Inc. All rights reserved. Landing bigger FY17 135% Growth FY22 4.7 38 CROWDSTRIKE#39Dollar-Based Retention Rates for Subscription ARR (1-Year Prior Cohort) 150.0% 140.0% 130.0% 120.0% 110.0% 113.7% 100.0% 90.0% 93.9% 93.9% 1Q18 116.0% 2022 CrowdStrike, Inc. All rights reserved. 2Q18 121.6% 96.4% Strong customer retention & expansion 3Q18 118.7% 95.9% 4Q18 122.9% 96.7% 1Q19 127.2% 127.4% 97.3% 2Q19 147.1% 97.4% 98.1%. 3Q19 4Q19 141.5% 97:8% 97.5% 1Q20 133.4% Gross Retention 2Q20 130.8% 123.5% 3Q20 4Q20 125.8% Net Retention 130.7% 1Q21 97:6% 97:6% 97.6% 97:8% 98.0% 97.6% "97.4%" 127.9% 120% Benchmark 2Q21 124.8% 3Q21 123.4% 4Q21 1Q22 120.4% 121.8% 2Q22 97.5% 97.5% 98.1% 3Q22 123.9% 39 4Q22 CROWDSTRIKE#40$1.1B FY21 Ending ARR 2022 CrowdStrike, Inc. All rights reserved. Large expansion opportunity $2.8B FY21 Full Platform Opportunity FY22 Ending ARR "Full Platform Opportunity" figures assume all subscription customers as of the respective fiscal periods purchased all available platform modules during that fiscal period with consistent average sale prices and endpoint counts during such fiscal period. $1.7B $7.0B FY22 Full Platform Opportunity 40 CROWDSTRIKE#41Growth opportunities - Cloud Public Cloud $106M ARR 2022 CrowdStrike, Inc. All rights reserved. >5,000 Customers Deploying Falcon in the Public Cloud as of 4Q22 Public Cloud ARR represents ending ARR derived from CrowdStrike Falcon modules deployed in a public cloud environment as of the quarter ended January 31, 2022. 20% 4Q22 ARR growth QoQ 41 CROWDSTRIKE#42Growth opportunities - Emerging products Emerging Products $157M ARR Discover & Spotlight Identity Modules Humio >75% 4Q22 YOY ARR growth >350% 4Q22 YOY ARR growth >400% FY22 ARR Growth¹ 1) No year-over-year comparison available. FY22 ARR growth based on acquired ARR in the quarter ended April 30, 2021. Emerging Products ARR represents ending ARR from Falcon Discover, Falcon Spotlight, Falcon Zero Trust, Falcon Identity Threat Detection, and Humio as of the quarter ended January 31, 2022. 2022 CrowdStrike, Inc. All rights reserved. 42 CROWDSTRIKE#43100%+ YOY Growth in AWS Marketplace ARR All financial figures as of fiscal year ended January 31, 2022. 2022 CrowdStrike, Inc. All rights reserved. Strong partner momentum 200%+ YoY Growth in MSSP Partner ARR 83% YOY Growth in Partner Sourced ARR 43 CROWDSTRIKE#44ARR from AWS Marketplace Net New ARR Starting ARR AWS Marketplace Transaction $100 Million Q1 FY20 Q2 FY20 2022 CrowdStrike, Inc. All rights reserved. Q3 FY20 Q4 FY20 AWS Marketplace Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 FY22/FY21 100%+ growth in ARR transacted through AWS Marketplace Q2 FY22 75%+ growth in transaction volume Q3 FY22 44 Q4 FY22 CROWDSTRIKE#45ACHIEVING $5 BILLION+ ARR Innovate www Capture secular trends Expand TAM GOO Gain market share The journey is just beginning Increase wallet share 45#46Investing in profitable growth at scale 2022 CrowdStrike, Inc. All rights reserved. 46 CROWDSTRIKE#4736% 36% FY17 Non-GAAP Gross Margins 57% 55% FY18 69% 66% 2022 CrowdStrike, Inc. All rights reserved. FY19 Total Gross Margin 75% 72% Increasing operating leverage FY20 79% 76% FY21 79% 77% FY22 Subscription Gross Margin 79% 77% 4Q22 50% 0% (50%) (100%) (150%) (200%) Non-GAAP Operating Margins (168%) FY17 (100%) FY18 See Appendix for a reconciliation of each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. (46%) FY19 (14%) FY20 7% FY21 14% FY22 47 19% 4Q22 CROWDSTRIKE#48Free Cash Flow ($M) % margin ($64) 2022 CrowdStrike, Inc. All rights reserved. FY17 (122%) ($88) FY18 (74%) Strong free cash flow See Appendix for reconciliation of free cash flow to the most comparable GAAP financial measure. ($66) FY19 (26%) $12 FY20 3% $293 FY21 33% $442 FY22 30% 48 CROWDSTRIKE#49Magic Number 1.3 2022 CrowdStrike, Inc. All rights reserved. Efficiency at scale All financial figures as of or for the quarter ended January 31, 2022. See Appendix for metric definitions and calculation methodologies. Rule of 40 81% 49 CROWDSTRIKE#50Non-GAAP Measure Subscription GM% S&M R&D G&A Operating Margin % 2022 CrowdStrike, Inc. All rights reserved. Free Cash Flow% Current Target (% of Revenue) Achieving the target model 77-82%+ 30-35% 15-20% 7-9% 20-22%+ 30%+ FY18 57% 87% 46% 21% -100% -74% FY19 69% 67% 31% 14% -46% -26% FY20 75% 50% 24% 12% -14% 3% FY21 79% 40% 20% 9% 7% 33% FY22 79% 36% 19% 8% 14% 30% Year Expected to Maintain Target¹ 1) "Year Expected to Maintain Target", is defined as the fiscal year in which the company expects to achieve the target range during a given fiscal quarter within that year and remain within the target range prospectively. Target ranges do not include the impact of potential future M&A activity. For fiscal years 2018 through 2022, see Appendix for a reconciliation of each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. FY21 FY25 FY25 FY21 FY25 FY21 50 CROWDSTRIKE#51Q&A 2022 CrowdStrike, Inc. All rights reserved. O CROWDSTRIKE#52Appendix 2022 CrowdStrike, Inc. All rights reserved. 52 CROWDSTRIKE#53Cash Flow Interest Expense Stock-based Compensation Capital Expenditure Modeling considerations ▪ Cash flow seasonality will typically trail net new ARR seasonality by one quarter I Interest expense is paid out twice annually in Q1 and Q3, approximately $11 million per payment ▪ ESPP purchase occurs twice annually in Q2 &Q4, and while essentially neutral to cash on an annual basis, it will appear as a cash outflow in Q2 and Q4 ▪ Interest expense is accrued quarterly and paid out twice annually in Q1 and Q3, approximately $11 million per payment. ▪ Issuance cost amortization for both the Senior Notes and the revolving credit facility will be GAAP only charges. Interest expense on the Senior Notes and unused commitment fee for the revolver will be GAAP and non-GAAP ▪ We expect stock compensation as a percent of revenue in FY23 to remain consistent with FY22 and then begin declining to mid-teens as we approach FY26 ▪ We expect capital expenditure in FY23 to be 10% -12% of revenue, weighted to the first half of the year ▪ Capex is expected to normalize to historical 5 - 8% levels beginning in FY24 53#54APPENDIX CALCULATION OF METRICS Annual Recurring Revenue (ARR). ARR is calculated as the annualized value of our customer subscription contracts as of the measurement date, assuming any contract that expires during the next 12 months is renewed on its existing terms. To the extent that we are negotiating a renewal with a customer after the expiration of the subscription, we continue to include that revenue in ARR if we are actively in discussion with such an organization for a new subscription or renewal, or until such organization notifies us that it is not renewing its subscription. Dollar-Based Net Retention Rate. Our dollar-based net retention rate compares our ARR from a set of subscription customers against the same metric for those subscription customers from the prior year. Our dollar-based net retention rate reflects customer renewals, expansion, contraction and churn, and excludes revenue from our incident response and proactive services. We calculate our dollar-based net retention rate as of period end by starting with the ARR from all subscription customers as of 12 months prior to such period end, or Prior Period ARR. We then calculate the ARR from these same subscription customers as of the current period end, or Current Period ARR. Current Period ARR includes any expansion and is net of contraction or churn over the trailing 12 months but excludes revenue from new subscription customers in the current period. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at our dollar- based retention rate. Dollar-Based Gross Retention Rate. We calculate our dollar-based gross retention rate as of the period end by starting with the ARR from all subscription customers as of 12 months prior to such period, or Prior Period ARR. We then deduct from the Prior Period ARR any ARR from subscription customers who are no longer customers as of the current period end, or Current Period Remaining ARR. We then divide the total Current Period Remaining ARR by the total Prior Period ARR to arrive at our dollar-based gross retention rate, which is the percentage of ARR from all subscription customers as of the year prior that is not lost to customer churn. Gross Churn. Our dollar-based gross churn rate is equal to 1 - Dollar-Based Gross Retention Rate. 54#55APPENDIX (CONT'D) Magic Number is calculated by performing the following calculation for the most recent four quarters and taking the average: annualizing the difference between a quarter's Subscription Revenue and the prior quarter's Subscription Revenue, and then dividing the resulting number by the previous quarter's Non-GAAP Sales & Marketing Expense. Magic Number = Average of previous four quarters: ((Quarter GAAP Subscription Revenue - Prior Quarter GAAP Subscription Revenue) x 4 ) / Prior Quarter Non-GAAP Sales & Marketing Expense. Rule of 40 = Current Quarter Total Revenue YoY Growth Rate + Current Quarter Non-GAAP Operating Margin. REPORTS Reports used for data shown in the charts titled "Our Large and Expanding TAM" and "Long-Term TAM evolution": At IPO in 2019: International Data Corporation, Market Analysis Perspective: Worldwide Managed Security Services Providers, 2018, September 2018. International Data Corporation, Market Forecast - Worldwide IT Asset Management Software Forecast, 2018-2022: Asset Management Accelerates as Digital Transformation Changes What Assets Must Be Managed, September 2018. International Data Corporation, Market Forecast - Worldwide Corporate Endpoint Security Forecast, 2018-2022, July 2018. International Data Corporation, Market Forecast - Worldwide Security and Vulnerability Forecast, 2018-2022: SVM Vendors Fight Off New Market Entrants, July 2018. International Data Corporation, Market Forecast - Worldwide Threat Intelligence Security Services Forecast, 2017-2021, November 2017. International Data Corporation, Market Forecast - Worldwide IT Security Products Forecast, 2017-2021: Comprehensive Security Products Forecast Review, February 2018. International Data Corporation, Market Forecast - Worldwide Mobile Enterprise Security Software Forecast, 2017-2021, December 2017. ● With Current Portfolio in CY22 and CY24: International Data Corporation, Market Forecast - Worldwide Corporate Endpoint Security Forecast, 2021-2025: On a Higher Growth Trajectory, June 2021. International Data Corporation, Market Forecast - Worldwide Cloud Workload Security Forecast, 2021-2025: Expanding Requirements and the March to Cloud Fuel the Market, June 2021. International Data Corporation, Market Forecast - Worldwide Cybersecurity AIRO and Tier 2 SOC Analytics Forecast, 2021-2025: Is the Pathway to XDR Paved with Good Intentions?, August 2021. International Data Corporation, Market Forecast - Worldwide and U.S. Comprehensive Security Services Forecast, 2021-2025: Growth Continues During and Beyond COVID-19, June 2021. International Data Corporation, Market Forecast - Worldwide Unified Endpoint Management Software Forecast, 2021-2025, August 2021. International Data Corporation, Market Forecast - Worldwide Identity Forecast, 2021-2025: Improving Identity Hygiene - It's Time for a Second Shot, July 2021. International Data Corporation, Market Forecast - Worldwide IT Operations Analytics Software Forecast, 2021-2025: Data Volumes and AlOps Capabilities Drive Growth, October 2021. International Data Corporation, Market Forecast - Worldwide Data Loss Technologies Forecast, 2021-2025: Digital Transformation Tools Applied to the Data Protection Task, October 2021. International Data Corporation, Market Forecast - Worldwide Endpoint Encryption and Key Management Infrastructure Software Forecast, 2019-2023, May 2019. ● Potential TAM in CY25: Company estimate 55#56APPENDIX (CONT'D) Reports used for data shown in the charts titled "Cloud Workloads are Under Protected" and "The Cloud Security Opportunity": International Data Corporation, Semiannual Public Cloud Services: 2019H2 Forecast Release, May 2020 International Data Corporation, Market Forecast - Hybrid Cloud Workload Security Forecast, 2020-2024: Inhibited Growth Is the Reality of COVID-19, July 2020. CSO Online, How Much Should You Spend on Security?, August 2019 The company's estimate of cloud security spend as a percentage of IT spend is intended to be an illustrative example of the potential market opportunity if cloud workloads were to be fully secured in the future. This figure is based on IDC's recommended range as well as observed historical spending ratios for traditional security spend. EXPLANATION OF NON-GAAP FINANCIAL MEASURES Non-GAAP Subscription Gross Profit and Non-GAAP Subscription Gross Margin We define non-GAAP subscription gross profit and non-GAAP subscription gross margin as GAAP subscription gross profit and GAAP subscription gross margin, respectively, excluding stock-based compensation expense and amortization of acquired intangible assets. We believe non-GAAP subscription gross profit and non-GAAP subscription gross margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as these measures eliminate the effects of certain variables unrelated to our overall operating performance. Non-GAAP Income (Loss) from Operations We define non-GAAP income (loss) from operations as GAAP loss from operations excluding stock-based compensation expense, amortization of acquired intangible assets, including purchased patents, acquisition-related expenses and legal reserve and settlement charges or benefits. We believe non-GAAP income (loss) from operations provides our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as this metric generally eliminates the effects of certain variables unrelated to our overall operating performance. Non-GAAP Net Income (Loss) Attributable to CrowdStrike We define non-GAAP net income (loss) attributable to CrowdStrike as GAAP net loss attributable to CrowdStrike excluding stock-based compensation expense, amortization of acquired intangible assets, including purchased patents, acquisition-related expenses, amortization of debt issuance costs and discount, gain on strategic investments, legal reserve and settlement charges or benefits and the tax costs for intellectual property integration relating to the Humio acquisition. We believe non-GAAP net income (loss) attributable to CrowdStrike provides our management and investors consistency and comparability with our past financial performance and facilitates period-to-period comparisons, as this metric generally eliminates the effects of certain variables unrelated to our overall performance. 56#57APPENDIX (CONT'D) Non-GAAP Net Income per Share Attributable to Crowd Strike Common Stockholders, Basic and Diluted We define non-GAAP net income per share attributable to CrowdStrike common stockholders, as non-GAAP net income attributable to CrowdStrike divided by the weighted-average shares outstanding, which includes the dilutive effect of potentially diluted common stock equivalents outstanding during the period. We may periodically incur charges or receive payments in connection with litigation settlements. We exclude these charges and payments received from non-GAAP net income attributable to CrowdStrike when associated with a significant settlement because we do not believe they are reflective of ongoing business and operating results. Free Cash Flow Free cash flow is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less purchases of property and equipment and capitalized internal-use software. We monitor free cash flow as one measure of our overall business performance, which enables us to analyze our future performance without the effects of non-cash items and allow us to better understand the cash needs of our business. While we believe that free cash flow is useful in evaluating our business, free cash flow is a non-GAAP financial measure that has limitations as an analytical tool, and free cash flow should not be considered as an alternative to, or substitute for, net cash provided by (used in) operating activities in accordance with GAAP. The utility of free cash flow as a measure of our liquidity is further limited as it does not represent the total increase or decrease in our cash balance for any given period. In addition, other companies, including companies in our industry, may calculate free cash flow differently or not at all, which reduces the usefulness of free cash flow as a tool for comparison. 57#58Revenue Subscription Professional services Total revenue Cost of revenue Subscription Professional services Total cost of revenue Gross profit Subscription Professional services Total gross profit Operating expenses Sales and marketing Research and development General and administrative Total operating expenses Loss from operations Interest expense Other income, net Loss before provision for income taxes Provision for income taxes Net loss Net income attributable to noncontrolling interest Net loss attributable to CrowdStrike GAAP INCOME STATEMENT Net loss per share attributable to CrowdStrike common stockholders, basic and diluted Weighted-average shares used in computing net loss per share attributable to CrowdStrike common stockholders, basic and diluted Q1 FY21 $ 162,222 15,856 178,078 $ $ 37,244 9,651 46,895 124,978 6,205 131,183 88,138 40,578 25,043 153,759 (22,576) (143) 4,533 (18,186) 1,036 (19,222) (19,222) (0.09) 213,129 Q2 FY21 CROWDSTRIKE HOLDINGS, INC. Condensed Consolidated Statements of Operations (in thousands) (unaudited) $ 184,256 14,715 198,971 $ $ 44,037 10,354 54,391 140,219 4,361 144,580 50,483 28,961 174,571 (29,991) (174) 732 (29,433) 441 (29,874) (29,874) (0.14) 216,695 Q3 FY21 $ 213,530 18,930 232,460 49,583 11,944 61,527 163,947 6,986 170,933 05,6 57,539 31,951 195,092 (24,159) (193) 272 (24,080) 451 (24,531) $ (24,531) $ (0.11) 219,401 Q4 FY21 $ $ 244,662 20,267 264,929 54,348 12,384 66,732 190,314 7,883 198,197 112,4 66,070 35,481 214,000 (15,803) (1,049) 682 (16,170) 2,832 (19,002) (19,002) (0.09) 221,700 Q1 FY22 $ 281,228 21,615 302,843 64,903 13,602 78,505 216,325 8,013 224,338 131 78,180 42,374 255,685 (31,347) (6,230) 4,768 (32,809) 50,062 (82,871) 2,178 $ (85,049) $ (0.38) 224,153 Q2 FY22 $ 315,836 21,854 337,690 $ $ 75,993 14,439 90,432 239,843 7,415 247,258 361 90,455 50,345 294,661 (47,403) (6,296) 619 (53,080) 4,238 (57,318) (57,318) (0.25) 226,362 Q3 FY22 $ 357,030 23,021 380,051 85,464 16,200 101,664 $ 271,566 6,821 278,387 164,960 97,630 56,061 318,651 (40,264) (6,403) 690 (45,977) 4,473 (50,450) 5 $ (50,455) (0.22) 228,293 58 Q4 FY22 $ $ $ 405,443 25,567 431,010 95,544 17,076 112,620 309,899 8,491 318,390 594 105,018 74,312 341,924 (23,534) (6,302) 1,679 (28,157) 13,582 (41,739) 241 (41,980) (0.18) 229,662#59GAAP cost of revenue Less: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP cost of revenue GAAP subscription gross profit Add: GAAP TO NON-GAAP RECONCILIATION CROWDSTRIKE HOLDINGS, INC. Statements of Operations: GAAP to Non-GAAP Reconciliations (continued) (in thousands, except per share data) (unaudited) Stock based compensation expense Amortization of acquired intangible assets Non-GAAP subscription gross profit GAAP professional services gross profit Add: Stock based compensation expense Non-GAAP professional services gross profit GAAP Sales and marketing operating expenses Less: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP sales and marketing operating expenses GAAP research and development operating expenses Less: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP research and development operating expenses GAAP general and administrative operating expenses Less: Stock based compensation expense Acquisition-related expenses Amortization of acquired intangible assets Legal reserve and settlement charges Non-GAAP general and administrative operating expenses GAAP loss from operations Add: Stock based compensation expense Amortization of acquired intangible assets Acquisition-related expenses Legal reserve and settlement charges Non-GAAP income from operations Q1 FY21 $ $ 124,978 $ 1,995 62 $ 127,035 $ $ $ $ $ $ 46,895 2,966 62 43,867 $ $ 6,205 971 7,176 88,138 8,687 31 79,420 $ 25,043 40,578 4,900 10 35,668 7,085 17,958 (22,576) 23,638 103 1,165 Q2 FY21 $ $ $ $ 2,635 63 $ 142,917 $ FA $ 4,361 $ $ $ 54,391 $ 4,060 63 50,268 140,219 $ 1,425 5,786 95,127 13,603 31 81,493 50,483 9,029 10 41,444 28,961 11,021 $ 17,940 $ (29,991) 37,713 104 7,826 Q3 FY21 $ 4,777 272 $ 56,478 $ $ $ $ $ $ $ $ $ $ 61,527 $ 163,947 3,226 272 167,445 6,986 1,551 8,537 105,602 12,811 91 92,700 57,539 11,771 9 45,759 31,951 11,251 2,119 18,581 $ (24,159) 40,610 372 2,119 18,942 Q4 FY21 $ 5,907 660 $ 60,165 $ $ $ $ $ $ $ $ $ $ 66,732 $ 112,449 $ 190,314 3,849 660 194,823 7,883 2,058 9,941 15,456 209 96,784 66,070 14,574 51,496 35,481 11,777 1,639 22,065 (15,803) 47,714 869 1,639 34,419 Q1 FY22 $ $ $ $ $ 4,285 1,995 $ 222,605 78,505 6,313 1,995 70,197 $ 216,325 $ 135,131 $ 8,013 17,414 422 $ 117,295 2,028 10,041 $ 78,180 $ 17,801 $ 42,374 60,379 12,834 4,345 25,195 $ (31,347) 54,362 2,417 4,345 29,777 Q2 FY22 $ 7,683 2,771 $ 79,978 $ 239,843 5,294 2,771 $ 247,908 $ $ $ 90,432 $ $ $ 25,265 547 $ 128,049 7,415 $ 2,389 9,804 153,861 90,455 25,808 64,647 50,345 17,531 596 2,500 $ 29,718 (47,403) 76,287 3,318 596 2,500 35,298 Q3 FY22 $ 101,664 8,515 2,784 $ 90,365 $ 271,566 $ $ $ $ $ $ $ 25,499 540 $ 138,921 $ $ 5,969 2,784 280,319 $ 6,821 2,546 9,367 164,960 97,630 27,333 70,297 56,061 25,319 971 13 29,758 (40,264) 86,666 3,337 971 50,710 59 Q4 FY22 $ $ $ $ 6,496 3,208 $ 319,603 $ $ $ $ $ $ $ 112,620 $ 9,583 3,208 99,829 309,899 $ 162,594 8,491 3,087 11,578 21,456 608 140,530 105,018 31,085 73,933 74,312 30,513 457 14 7,000 36,328 (23,534) 92,637 3,830 457 7,000 80,390#60GAAP net loss attributable to CrowdStrike Stock based compensation expense Amortization of acquired intangible assets Acquisition-related expenses GAAP TO NON-GAAP RECONCILIATION (CONT'D) Amortization of debt issuance costs and discount Legal reserve and settlement charges or benefits Provision for income taxes (¹) Gains and other income from strategic investments attributable to CrowdStrike Non-GAAP net income attributable to Crowd Strike Weighted-average shares used in computing basic net income per share attributable to CrowdStrike common stockholders (GAAP and Non-GAAP) GAAP basic net loss per share attributable to CrowdStrike common stockholders Non-GAAP basic net income per share attributable to Crowd Strike common stockholders GAAP diluted net loss per share attributable to CrowdStrike common stockholders Stock-based compensation Amortization of acquired intangible assets Acquisition-related expenses Amortization of debt issuance costs and discount Legal reserve and settlement charges or benefits Gains and other income from strategic investments attributable to Crowd Strike Provision for income taxes (1) Adjustment to fully diluted earnings per share(²) Non-GAAP diluted net income per share attributable to CrowdStrike common stockholders Weighted-average shares used in diluted net income (loss) per share attributable to CrowdStrike common stockholders calculation: GAAP Non-GAAP (1) (2) Q1 FY21 $ (19,222) 23,638 103 $ CROWDSTRIKE HOLDINGS, INC. Statements of Operations: GAAP to Non-GAAP Reconciliations (continued) (in thousands, except per share data) (unaudited) $ 4,519 $ (0.09) $ 213,129 0.02 $ (0.09) 0.10 0.01 0.02 213,129 229,796 Q2 FY21 $ (29,874) $ $ $ $ 37,713 104 7,943 216,695 (0.14) 0.04 (0.14) 0.16 0.01 $ 0.03 216,695 233,169 Q3 FY21 $ (24,531) 40,610 372 2,119 $ 18,570 $ $ $ 219,401 (0.11) 0.08 (0.11) 0.17 0.01 0.01 0.08 219,401 234,626 Q4 FY21 $ (19,002) 47,714 869 1,639 347 H $ 31,567 $ 221,700 $ (0.09) 0.14 $ (0.09) 0.20 0.01 0.01 $ 0.13 221,700 236,683 Q1 FY22 $ (85,049) 54,362 2,417 4,345 547 48,824 (2,178) $ 23,268 $ $ $ 224,153 (0.38) 0.10 (0.38) 0.23 0.01 0.02 (0.01) 0.21 0.02 0.10 224,153 237,363 Q2 FY22 $ (57,318) 76,287 3,318 596 546 2,500 $ 25,929 226,362 $ (0.25) $ GA $ 0.11 (0.25) 0.32 0.01 0.01 0.02 0.11 226,362 238,043 Q3 FY22 $ (50,455) 86,666 3,337 (5) $ 41,060 971 546 228,293 $ (0.22) $ $ 0.18 $ (0.22) 0.36 0.01 0.02 0.17 228,293 238,563 Q4 FY22 We use our GAAP provision for income taxes for the purpose of determining our non-GAAP income tax expense. The tax costs for intellectual property integration relating to the Humio acquisition is included in the GAAP provision for income taxes during the first quarter of fiscal 2022. The income tax benefits related to stock-based compensation, amortization of intangibles, including purchased patents, acquisition related expenses, amortization of debt issuance costs and discount, gains and other income from strategic investments attributable to CrowdStrike and legal reserve and settlement charges or benefits included in the GAAP provision for income taxes was not material for all periods presented. For periods in which we had diluted non-GAAP net income (loss) per share attributable to Crowd Strike common stockholders, the sum of the impact of individual reconciling items may not total to diluted Non-GAAP net income (loss) per share attributable to CrowdStrike common stockholders because the basic share counts used to calculate GAAP net loss per share attributable to CrowdStrike common stockholders differ from the diluted share counts used to calculate non-GAAP net income (loss) per share attributable to CrowdStrike common stockholders and because of rounding differences. The GAAP net loss per share attributable to CrowdStrike common stockholders calculation uses a lower share count as it excludes dilutive shares which are included in calculating the non- GAAP net income (loss) per share attributable to CrowdStrike common stockholders. $ (41,980) 92,637 3,830 457 548 7,000 8,412 (505) $70,399 $ (0.18) 229,662 $ 0.31 A $ (0.18) 0.39 0.02 0.03 0.04 0.30 229,662 238,486 60#61GAAP TO NON-GAAP RECONCILIATIONS (CONT'D) GAAP cost of revenue Less: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP cost of revenue GAAP subscription gross profit Add: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP subscription gross profit GAAP professional services gross profit Add: Stock based compensation expense Non-GAAP professional services gross profit GAAP Sales and marketing operating expenses Less: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP sales and marketing operating expenses GAAP research and development operating expenses Less: Stock based compensation expense Amortization of acquired intangible assets Non-GAAP research and development operating expenses GAAP general and administrative operating expenses Less: Stock based compensation expense Acquisition-related expenses Amortization of acquired intangible assets Legal reserve and settlement charges Non-GAAP general and administrative operating expenses GAAP loss from operations Add: Stock based compensation expense Amortization of acquired intangible assets Acquisition-related expenses Legal reserve and settlement charges Non-GAAP income (loss) from operations $ $ $ $ $ $ $ $ $ $ $ $ FY17 34,006 91 97 33,818 13,517 50 97 13,664 5,222 41 5,263 638 53,110 39,145 561 53,748 $ 16,402 704 $ 15,698 $ $ 1,994 97 $ $ $ 38,584 $ $ $ $ $ (90,556) $ (88,465) $ CROWDSTRIKE HOLDINGS, INC. Statements of Operations: GAAP to Non-GAAP Reconciliations (continued) (in thousands) (unaudited) FY18 54,486 $ 341 287 53,858 52,711 89 287 53,087 252 11,807 104,277 1,386 21 102,870 11,555 $ 58,887 3,429 320 55,138 7,187 167 25,188 (131,440) $ 12,343 628 167 $ (118,302) $ tA $ 32,542 $ $ $ $ $ $ $ $ FY19 87,238 $ 894 327 86,017 150,193 $ 689 327 151,209 12,393 205 12,598 $ 172,682 $ 5,175 143 167,364 84,551 7,815 113 76,623 42,217 $ 6,621 (136,864) 20,505 583 $ 35,596 $ $ $ (115,776) $ FY20 141,627 7,712 323 133,592 323,849 5,226 323 329,398 15,937 2,486 18,423 23,919 123 242,553 130,188 89,068 32,906 $ 266,595 $ 56,162 $ (146,065) 79,940 487 $ $ $ $ 15,403 41 114,744 $ $ $ $ $ $ (65,638) $ FY21 229,545 $ 17,710 1,057 210,778 619,458 $ 11,705 1,057 632,220 25,435 6,005 31,440 401,316 50,557 362 350,397 214,670 40,274 29 174,367 121,436 41,134 3,758 76,544 (92,529) 149,675 1,448 3,758 $ 62,352 $ $ $ $ $ $ $ $ $ $ $ FY22 383,221 32,094 10,758 340,369 1,037,633 22,044 10,758 1,070,435 30,740 10,050 40,790 616,546 89,634 2,117 524,795 371,283 102,027 269,256 223,092 86,197 6,369 27 9,500 120,999 (142,548) 309,952 12,902 6,369 9,500 196,175#62GAAP TO NON-GAAP RECONCILIATIONS (CONT'D) GAAP net cash provided by (used in) operating activities Purchase of property and equipment Capitalized internal-use software and website development costs Free cash flow $ $ FY17 CROWDSTRIKE HOLDINGS, INC. Statements of Operations: GAAP to Non-GAAP Reconciliations (continued) (in thousands) (unaudited) (51,998) $ (6,591) (5,556) (64,145) $ FY18 (58,766) (22,906) (6,542) (88,214) $ $ FY19 (22,968) (35,851) (6,794) (65,613) $ $ FY20 99,943 (80,198) (7,289) 12,456 $ $ FY21 $ 356,566 (52,799) (10,864) 292,903 $ 62 FY22 574,784 (112,143) (20,866) 441,775#63SUPPLEMENTAL DISCLOSURE - ADDITIONAL METRICS Annual recurring revenue Year-over-year growth Deferred revenue Backlog Remaining performance obligations Subscription customer count Year-over-year growth Free cash flow reconciliation GAAP net cash provided by operating activities Less: Purchases of property and equipment Less: Capitalized internal-use software and website development Free cash flow Geographic breakdown of total revenue: United States International Non-GAAP gross margin Non-GAAP subscription gross margin Non-GAAP operating expenses Non-GAAP operating expenses as a percentage of revenue Non-GAAP operating margin Q1 FY21 $ 686,125 88% $ 635,973 181,495 $817,468 6,261 105% $ 98,577 (9,694) $ (1,882) 87,001 73% 27% 75% 78% $ 133,046 75% 1% Q2 FY21 $ 790,583 87% $ 689,840 235,629 $925,469 7,230 91% $ 55,025 (20,640) $ (1,968) 32,417 71% 29% 75% 78% $ 140,877 71% 4% (In thousands, except percentages and customer count) (unaudited) Q3 FY21 CROWDSTRIKE HOLDINGS, INC. Additional Metrics $ 907,391 81% $ 762,674 310,471 $1,073,145 $ $ 8,416 85% 88,501 (9,911) (2,495) 76,095 72% 28% 76% 78% $ 157,040 68% 8% Q4 FY21 $1,050,051 75% $ 911,895 448,157 $1,360,052 9,896 82% $ 114,463 (12,554) (4,519) 97,390 $ 71% 29% 77% 80% $ 170,345 64% 13% Q1 FY22 $1,193,889 74% $1,021,991 449,682 $1,471,673 11,420 82% $ 147,533 (25,796) (4,434) $ 117,303 73% 27% 77% 79% $ 202,869 67% 10% Q2 FY22 $1,344,451 70% $1,164,357 512,848 $1,677,205 13,080 81% $ 108,475 (29,997) (4,839) $ 73,639 72% 28% 76% 78% $ 222,414 66% 10% Q3 FY22 $1,514,453 67% $1,288,196 654,749 $1,942,945 14,687 75% $ 159,058 (29,627) (5,928) $ 123,503 73% 27% 76% 79% $ 238,976 63% 13% Q4 FY22 $1,731,342 65% $1,529,321 735,755 $2,265,076 16,325 65% $ 159,718 (26,723) (5,665) $ 127,330 72% 28% 77% 79% $ 250,791 58% 19% 63