AvePoint Investor Presentation Deck

21 Higher S&M driven by investments in talent and brand awareness to drive future growth. Hires distributed across sales, customer success and marketing functions Margins impacted by $4.4M of revenue deferral in Q421 Financials Non-GAAP Operational Expenses $25 M $20 M $15 M $10 M $5 M $0 M $24.2M OPEX - Breakout $15.9M S&M Q4 FY21 $10.3M $9.5M G&A $3.3M $3.4M R&D Q4 FY20 70% 60% 50% 40% 30% 20% 10% 0% OPEX - As % of Revenue ⒸAvePoint, Inc. All rights reserved. Confidential and proprietary information of AvePoint, Inc. 6.0% 19.0% 45.0% Q4 FY21 Sales & Marketing Sales & Marketing General & Admin General & Admin 7.0% 21.0% 35.0% Q4 FY20 Research & Dev Research & Dev

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