Dropbox Investor Presentation Deck

Non-GAAP reconciliation Income from operations - GAAP Stock-based compensation Acquisition-related and other expenses Amortization of acquired intangible assets Workforce reduction expense Income from operations - Non-GAAP Non-GAAP operating margin $ $ Three Months Ended June 30, 2020 12.8 76.6 4.4 2.4 96.2 20.6% $ $ June 30, 2021 84.4 73.9 6.7 3.5 0.9 169.4 31.9% 36

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