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Investor Relations Presentation

M A [ S Strong ARR Growth Durable Industry Tailwinds Predictable Business Model Guidance CyberArk at a Glance ● ● ● ● ● Grew ARR 42% Year-over-Year in Q1 2023* Subscription ARR grew 84% Year-over-Year in Q1 2023* Total Revenue Growth Accelerated To 27% Year-over-Year in Q1 2023 Digital Transformation, adoption of Zero Trust and attacker innovation driving durable demand for identity security Mission-critical nature of Identity Security makes it a Top Priority for CISOs 92% of Cybersecurity professionals consider Identity Security mission-critical, but only 9% stated they have a comprehensive strategy in place** Recurring Revenue Grew 37% Year-Over-Year in Q1 2023; 90% of Total Revenue is Recurring Revenue ~1,400 customers with >$100k in ARR, up >40% Year-over-Year Increased Full Year ARR Guidance Normalizing for Headwind from Increased Subscription Bookings Mix, we are effectively raising Total Revenue Guidance *as of March 31, 2023 **Enterprise Strategy Group, "The Holistic Identity Security Maturity Model: Raising the Bar for Cyber Resilience," February 2023 by Jack Poller CYBERARKⓇ
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