Dropbox Investor Presentation Deck

Non-GAAP reconciliation Loss from operations - GAAP Stock-based compensation Employer payroll taxes related to the release of two- teir RSUS Acquisition-related and other expenses Amortization of acquired intangible assets Impairement related to real estate assets Income from operations - Non-GAAP $ $ 2018 (494.0) $ 650.1 13.9 Twelve Months Ended 2019 170.0 $ (80.5) $ 261.2 15.9 8.4 205.0 $ 2020 (277.0) 261.5 16.9 9.5 398.2 409.1 42

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