Dropbox Investor Presentation Deck

Non-GAAP reconciliation Income from operations - GAAP Stock-based compensation Acquisition-related and other expenses Amortization of acquired intangible assets Workforce reduction expense Income from operations - Non-GAAP Non-GAAP operating margin $ $ Three Months Ended September 30, 2020 30.0 75.7 4.1 2.4 - 112.2 23.0 % $ $ September 30, 2021 77.3 72.8 6.8 3.5 0.6 161.0 29.3 % 37

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