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Braze Results Presentation Deck

GAAP Cash Flows from Operations to Free Cash Flow DOLLARS IN THOUSANDS Reconciliation of GAAP Cash Flow from Operating Activities to Non-GAAP Free Cash Flow Purchases of property and equipment Capitalized internal-use software costs Three Months Ended October 31, Net cash used in operating activities $ (2,454) $ (5,879) Less: Free cash flow 2021 2020 (355) (670) (250) (694) $ (3,479) $ (6,823) Nine Months Ended October 31, 2021 $(10,868) $ (6,100) (1,110) (1,842) 2020 $ (13,820) (2,050) (1,674) $ (9,824) braze

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