BlackSky Results Presentation Deck

BlackSky Proprietary BLACK SKY BLACKSKY TECHNOLOGY INC. RECONCILIATION OF OPERATING EXPENSES TO CASH OPERATING EXPENSES (unaudited) (in thousands) Operating expenses Stock-based compensation for selling, general and administrative costs Depreciation and amortization Cash operating expenses O BlackSky 2023. All rights reserved. $ $ Three Months Ended September 30, 2023 29,009 $ (2,265) (11,304) 15,440 BlackSky Proprietary $ 2022 28,553 (2,867) (9,598) 16,088 $ $ Nine Months Ended September 30, 2023 88,549 $ (7,149) (32,735) 48,665 $ 2022 85,656 (14,823) (26,166) 44,667 22

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