AvePoint Investor Presentation Deck

21 Higher OPEX driven by investments in talent, brand awareness and product development to drive future growth. We anticipate OPEX as a percentage of total revenue to decline in future periods while increasing in absolute dollars. Financials Non-GAAP Operational Expenses $25 M $20 M $15 M $10 M $5 M $0 M $24.4M OPEX - Breakout $23.0M S&M Q3 FY22 $11.3M $9.2M G&A $7.9M $4.6M R&D 3 FY21 80% 70% 60% 50% 40% 30% 20% 10% 0% OPEX - As % of Revenue ⒸAvePoint, Inc. All rights reserved. Confidential and proprietary information of AvePoint, Inc. Sales & Marketing Sales & Marketing 13% 18% 39% Q3 FY22 General & Admin General & Admin 9% 17% 43% Q3 FY21 Research & Dev Research & Dev

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