Dropbox Investor Presentation Deck

Q4'20 Financial Highlights $446 4Q 19 $504 4Q 20 Revenue ($M) Figures presented are non-GAAP and exclude stock-based compensation expense and certain non-recurring adjustments. See appendix for non-GAAP reconciliation. $70 16% $128 4Q 19 - Non-GAAP operating margin 25% 4Q 20 Operating Income ($M) 23

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