Veeva Data Cloud Presentation

Tracking Ahead of 2025 Targets Metric Total Revenue Run Rate Commercial R&D Non-GAAP Op Margin 1 We are not able, at this time, to provide GAAP targets for operating margin 2025 because of the difficulty of estimating certain items excluded from non-GAAP operating income that cannot be reasonably predicted, such as charges related to stock-based compensation expense. The effect of these excluded items may be significant. CY 2025 Targets $3B+ ~$1.2B ~$1.8B 35%+ Copyright Veeva Systems 2021

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