Confluent Investor Presentation Deck

Non-GAAP Gross Margin Research & Development % of total revenue Sales & Marketing % of total revenue General & Administrative % of total revenue Operating Margin Free Cash Flow Margin Managing Growth and Profitability Mid-Term Targets ~30% Annual Revenue Growth 72%-75% ~19% ~38% ~8% 5%-10% In-line with ON Long-Term Targets 75%+ 16%-17% 27%-29% 6%-7% 25%+ ~80% Cloud Mix Long Term Top line growth determines rate of OM% expansion 43

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