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FiscalNote Investor Presentation Deck

3 Glossary AI ARR NRR Customers LTM ML Run-rate revenue YTD Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions Annual Recurring Revenue (ARR) is the value of the contracted recurring revenue components of term subscriptions normalized to a one-year period Net Revenue Retention ("NRR") is calculated as ARR at the end of the period minus ARR contracted from new clients for which there is no historical revenue booked during the period, divided by the beginning ARR for the period. We calculate NRR at a parent account level. Customers from acquisitions are not included in NRR until they have been part of our consolidated results for 12 months. Individual buyers within a parent organization Referring to period consisting of the previous twelve (12) months Machine learning (ML) is a branch of artificial intelligence and computer science which focuses on the use of data and algorithms to imitate the way that humans learn, gradually improving its accuracy ARR (as defined above) plus non-subscription revenue earned during the last twelve months Year to date (YTD) refers to the period of time beginning the first day of the current calendar year or fiscal year up to the current date
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