Skillz Investor Presentation Deck

APPENDIX: RECONCILIATION TO NON-GAAP ITEMS skillz ($ in millions) Net Loss Interest Expense, net Change in fair value of common stock warrants liabilities Stock-based Compensation (Benefit from) provision for income taxes Depreciation and Amortization Other expense (income), net One-time nonrecurring expenses Adjusted EBITDA Q1 '21 ($53.6) 0.0 10.9 0.0 0.6 (0.1) 8.8 ($31.1) Q1 '22 ($148.1) 8.2 (4.5) 77.9 (0.2) 5.5 0.0 0.1 ($61.0) 37

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