Confluent Investor Presentation Deck

SBC % of Revenue 47% FY22 ~25% Focus on Managing Net Dilution Mid-Teens Mid-Term Long-Term 5% FY22 Net Dilution ~3% Mid-Term <2% Long-Term Net dilution Calc (shares granted - shares forfeited) / WASO Drivers ● ● ● ● SBC is a lagging indicator Final tranches of pre-IPO options recognized in SBC through 1H FY25 FY23 net dilution target of 3-4% Focus managing net dilution LT below 2% and SBC % of revenue mid- teens 44

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