BlackSky Results Presentation Deck

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 BLACK SKY BlackSky 2023. All rights reserved. $ $ Three Months Ended June 30, 2023 30,720 (2,147) (11,776) 16,797 $ $ 2022 27,026 (2,638) (9,177) 15,211 $ $ Six Months Ended June 30, 2023 59,540 (4,884) (21,431) 33,225 $ $ 2022 57,103 (11,956) (16,568) 28,579 22

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