Avalara Analyst Day Virtual

مهما Key framework assumptions ༥ཟླ Intermediate term growth target does not assume a further deteriorating macroeconomic environment or prolonged recession Intermediate term operating target assumes operating expenses and margin are within our control Expect to continue to leverage M&A to build the business and accelerate certain important growth initiatives We remain in the early day of penetration in a big market and still believe we are a growth story, where we can sustain strong growth for many years as we build a multi- billion-dollar revenue company AVALARA ANALYST DAY VIRTUAL | 40

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