Confluent Investor Presentation Deck

GAAP to Non-GAAP Reconciliations (in thousands, except percentages) Total revenue Sales and marketing (S&M) expense on a GAAP basis Less: Stock-based compensation expense Less: Employer taxes on employee stock transactions Less: Acquisition-related expenses Non-GAAP S&M expense Non-GAAP S&M expense as a % of total revenue Total revenue General and administrative (G&A) expense on a GAAP basis Less: Stock-based compensation expense Less: Employer taxes on employee stock transactions Less: Common stock charitable donation expense Less: Acquisition-related expenses Non-GAAP G&A expense Non-GAAP G&A expense as a % of total revenue Total revenue Operating loss on a GAAP basis. Add: Stock-based compensation expense Add: taxes employee stock transactions Add: Common stock charitable donation expense Add: Amortization of acquired intangibles Add: Acquisition-related expenses Add: Restructuring and other related charges Non-GAAP operating loss Non-GAAP operating margin FY'21 $387,864 $319,331 55,506 4,266 $259,559 66.9% FY'21 $387,864 $108,936 33,078 2,532 13,290 $60,036 15.5% FY'21 $387,864 $(339,620) 155,624 10,089 13,290 $(160,617) (41.4%) FY'22 $585,944 $456,452 99,366 2,485 $354,601 60.5% FY'22 $585,944 $125,710 44,402 720 1,104 $79,484 13.6% FY'22 $585,944 $(462,674) 277,656 7,010 1,104 $(176,904) (30.2%) Q3'22 $151,732 $114,312 26,712 580 $87,020 57.4% Q3'22 $151,732 33,041 11,992 149 $20,900 13.8% Q3'22 $151,732 $(118,900) 75,393 1,369 (42,138) (27.8%) Q3'23 $200,181 $128,624 32,297 798 1,076 $94,453 47.2% Q3'23 $200,181 31,874 10,649 684 148 $20,393 10.2% Q3'23 $200,181 $(108,632) 89,514 2,47 129 5,065 529 (10,922) (5.5%) 50

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