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Braze Results Presentation Deck

18 GAAP to Non-GAAP Free Cash Flow Reconciliation DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS 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'21 Q4 $20 ($3,807) (416) (212) FY'22 Q1 (1.4%) (298) (498) FY'22 Q2 FY'22 Q3 FY'22 Q4 (9.6%) ($4,607) (457) (674) ($2,454) ($24,530) (10.3%) (355) (670) ($608) ($4,603) ($5,738) ($3,479) ($25,953) (1,200) (5.4%) (223) (36.8%) FY'23 Q1 (1,960) $17,921 ($16,321) ($23,920) (306) $15,655 FY'23 Q2 20.2% (7,884) (477) FY'23 Q3 (28.7%) (4,222) 78 ($24,682) ($28,064) (30.1%) FY'23 Q4 $12 (1,381) (553) ($1,922) (1.9%) braze

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