AvePoint Investor Presentation Deck

20 Recurring Revenue as a percentage of overall revenue continues to increase ahead of initial projections. Initial Recurring Revenue Mix Projection for 2021E 81% 2021 Recurring Revenue Mix 82% SaaS Revenue YoY Growth 64% Subscription YoY Revenue Growth 50% Financials TTM Revenue & Recurring Business $200 M $180 M $160 M $140 M $120 M $100 M $80 M $60 M $40 M $20 M $0 M 15% $107M 2018 61% SaaS Revenue as % of Total Revenue 34% 24% $116M 2019 71% Revenue $152M 2020 75% Recurring Revenue as % of Total Revenue ⒸAvePoint, Inc. All rights reserved. Confidential and proprietary information of AvePoint, Inc. 45% $192M 2021 82% 6

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