Toast Results Presentation Deck

© 2022 Toast, Inc. All Rights Reserved. 2 Disclaimer This presentation includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the future results of operations, financial condition, business strategy, plans and objectives of management for future operations of Toast, Inc. ("Toast", "we" or "us"), statements regarding the expected results of the acquisition of Sling on our financial performance and the benefits of the Sling integration on our business and operations; the expectations of demand for Toast's products and growth of its business, our market opportunity and the potential growth of that market, our liquidity and capital needs and other similar matters. These forward- looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this presentation that are not historical facts and statements identified by words such as "may," ""will," "should," "expects," "anticipates," "intends," "plans," "could," "believes," "seeks," "estimates," "predicts," "potential," "continue," or words of similar meaning. These forward-looking statements reflect management's current expectations and assumptions about future events which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, risks associated with: our ability to successfully execute our business and growth strategy; our ability to attract new customers, retain revenue from existing customers and increase sales from both new and existing customers; the effect of uncertainties related to the COVID-19 pandemic on our business and the industry; our ability to maintain the security and availability of our platform; the competitive environment in which we operate; our ability to comply with modified or new laws and regulations applying to our business; the increased expenses associated with being a public company; the price volatility of our common stock; and other risks and uncertainties set forth under the caption "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2021, our Quarterly Report on Form 10-Q for the three months ended June 30, 2022 to be filed, and our subsequent SEC filings. We assume no obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise. This presentation contains statistical data, estimates and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our internal sources. This information involves many assumptions and limitations, and you are cautioned not to give undue weight to these estimates. We have not independently verified the accuracy or completeness of the data contained in these industry publications and other publicly available information. Accordingly, we make no representations as to the accuracy or completeness of that data nor do we undertake to update such date after the date of this presentation. All third-party brand names and logos appearing in this presentation are trademarks or registered trademarks of their respective holders. Any such appearance does not necessarily imply any affiliation with or endorsement of the Company. GAAP AND NON-GAAP RESULTS This presentation includes non-GAAP financial measures. These non-GAAP financial measures are in addition to, and not as a substitute for or superior to measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP financial measures. For example, other companies may calculate similarly-titled non-GAAP financial measures differently. Refer to the Appendix and our Earnings Release for Q2 2022 for a reconciliation of these non-GAAP financial measures.

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