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Braze Investor Presentation Deck

16 GAAP Cash Flows from Operations to Free Cash Flow DOLLARS IN THOUSANDS Reconciliation of GAAP Cash Flow from Operating Activities to Non-GAAP Free Cash Flow Net cash used in operating activities Less: Purchases of property and equipment Capitalized internal- use software costs Non-GAAP Free cash flow Three Months Ended October 31, 2022 ($23,920) (4,222) 78 ($28,064) 2021 ($2,454) (355) (670) ($3,479) Nine Months Ended October 31, 2022 ($22,320) ($10,868) (14,066) (705) 2021 ($37,091) (1,110) (1,842) ($13,820) braze

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