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Investor Presentaiton

86 98 FY22 and FY25 Financial Targets FY21A FY22E* FY25E* Subscription Revenue Growth 17% 12% - 14% 25%+ Professional Services 21% 18% -19% <15% (as a % of Total Revenue) Non-GAAP Subscription 79% 80% 82%+ Gross Margin** Non-GAAP Operating Margin** (4%) (4%) - (2%) 10%+ Free Cash Flow Margin* ** (0%) 0% - 4% 10% - 15% Source: Zuora *Forecasts are Zuora estimates, based upon current expectations and available information. Actual results may differ from expectations. **Refer to the Appendix for a reconciliation of these non-GAAP measures. zuora

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