Consistent Execution with a Long-term View

Reconciliation of GAAP to Non-GAAP Measures FY'18 FY'19 FY'20 FY'21 FY'22 Gross margin on professional services and other revenues on a GAAP basis Stock-based compensation expense Amortization of purchased intangibles 23.0 % 6.5% - % 23.5 % 19.6 % 21.4 % 24.0 % 6.3 % 8.4 % 9.7% 9.9 % - % 0.1 % 0.2% 0.1 % Gross margin on professional services and other revenues on a non-GAAP basis 29.5 % 29.8 % 28.1 % 31.3 % 34.0 % Fiscal Year Ending January 31 Copyright Veeva Systems 2022

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