AvePoint Investor Presentation Deck

21 Higher OPEX driven by investments in talent, brand awareness and product development to drive future growth. We anticipate OPEX as a percentage of total revenue to decline in future periods while increasing in absolute dollars. Financials Non-GAAP Operational Expenses $25 M $20 M $15 M $10 M $5 M $0 M $24.6M OPEX - Breakout $18.2M S&M Q1 FY22 $11.0M $8.3M G&A $5.7M $4.0M R&D Q1 FY21 80% 70% 60% 50% 40% 30% 20% 10% 0% OPEX - As % of Revenue ©AvePoint, Inc. All rights reserved. Confidential and proprietary information of AvePoint, Inc. 11% Sales & Marketing Sales & Marketing 22% 49% Q1 FY22 General & Admin General & Admin 10% 21% 47% Q1 FY21 Research & Dev Research & Dev

View entire presentation