Accolade Investor Presentation Deck

27 Adjusted EBITDA GAAP to Non-GAAP Reconciliation ($ in thousands) Fiscal year ended February 28 (29), Net Income (Loss) Adjusted for: Interest expense, net Income tax (benefit) Depreciation and amortization Stock-based compensation Acquisition and integration-related costs Other expense (income) Adjusted EBITDA (Loss) 2019 $ (56,496) 2,374 55 9,391 5,721 90 $ (38,865) 2020 $ (51,365) 2,925 129 8,516 6,002 567 107 $ (33,119) 2021 $ (50,652) 3,724) 4 8,212 9,576 2,050 147 $ (26,939)

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