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Braze Results Presentation Deck

GAAP to Non-GAAP Free Cash Flow Reconciliation DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS Net cash provided by/(used in) operating activities Less: Purchases of property and equipment Capitalized internal-use software costs Non-GAAP Free Cash Flow Non-GAAP Free Cash Flow Gross Margin FY'21 Q2 $3,375 (254) (737) $2,384 6.6% FY'21 Q3 ($5,879) (250) (694) ($6,823) (17.3%) FY'21 Q4 $20 (416) (212) ($608) (1.4%) FY'22 Q1 ($3,807) (298) (498) ($4,603) (9.6%) FY'22 Q2 ($4,607) (457) (674) ($5,738) (10.3%) FY'22 Q3 ($2,454) (355) (670) ($3,479) (5.4%) FY'22 Q4 ($24,530) (1,200) (223) ($25,953) (36.8%) FY'23 Q1 $17,921 (1,960) (306) FY'23 Q2 20.2% ($16,321) (7,884) (477) $15,655 ($24,682) (28.7%) braze

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