Grow Better

Long Term Financial Target 2016 2017 2018 2019 2020 Long Term Target Gross Margin 78% 81% 82% 82% 82% 81% - 83% R&D 14% 15% 18% 18% 19% 18% - 20% % of revenue S&M 55% 52% 46% 45% 45% 30% - 35% % of revenue G&A 14% 12% 11% 11% 10% 8% -9% % of revenue Operating Margin -4% 2% 6% 8% 8% 20%-25% Note: These estimates reflect our current operating plan as of 2/11/2021 and are subject to change as future events and opportunities arise. All percentages are non-GAAP and exclude expenses associated with stock based compensation, amortization of acquired intangible assets and acquisition related expenses. Please refer to the end of this presentation for a reconciliation of GAAP to non-GAAP figures. 24

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