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Braze Results Presentation Deck

18 GAAP to Non-GAAP Free Cash Flow Reconciliation Net cash provided by/(used in) operating activities Less: Purchases of property and equipment Capitalized internal-use software costs Non-GAAP Free Cash Flow Non-GAAP Free Cash Flow Gross Margin FY'22 Q2 FY'22 Q3 FY'22 Q4 FY'23 Q1 FY'23 Q2 FY'23 Q3 FY'23 Q4 ($4,607) ($2,454) (457) (674) (355) (10.3%) (670) DOLLARS IN THOUSANDS (5.4%) ($24,530) (1,200) (223) $17,921 (36.8%) (1,960) (306) ($16,321) ($23,920) 20.2% (7,884) ($5,738) ($3,479) ($25,953) $15,655 ($24,682) ($28,064) (477) (4,222) (28.7%) 78 (30.1%) (1,381) $12 $22,549 ($17,517) (553) FY'24 Q1 (1.9%) (40) (852) FY'24 Q2 21.3% (387) ($1,922) $21,657 ($18,692) (788) (16.2%) braze

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