BlackSky Results Presentation Deck

BlackSky Proprietary BLACK SKY BLACKSKY TECHNOLOGY INC. RECONCILIATION OF IMAGERY AND SOFTWARE ANALYTICAL SERVICE COSTS TO ADJUSTED IMAGERY AND SOFTWARE ANALYTICAL SERVICE COSTS (unaudited) (in thousands) Imagery and software analytical service costs, excluding depreciation and amortization Stock-based compensation for imagery and software analytical service costs Adjusted imagery and software analytical service costs, excluding depreciation and amortization O BlackSky 2023. All rights reserved. $ $ BlackSky Proprietary Three Months Ended September 30, 2022 2023 3,479 $ (40) 3,439 $ 3,513 (88) 3,425 $ $ Nine Months Ended September 30, 2022 2023 10,634 $ (185) 10,449 $ 10,537 (447) 10,090 21

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