Braze Results Presentation Deck

Reconciliation of GAAP to Non-GAAP Gross Margin Six Months Ended July 31, Gross Profit Plus: Stock-based compensation expense Employer taxes related to stock-based compensation Non-GAAP Gross Profit GAAP to Non-GAAP Reconciliation DOLLARS IN THOUSANDS GAAP Gross Margin Non-GAAP Gross Margin Three Months Ended July 31, 2022 $58,779 911 24 $59,714 68.2% 69.3% 2021 $37,001 177 $37,178 66.4% 66.7% 2022 $110,368 1,831 40 $112,239 67.5% 68.6% 2021 $69,071 367 $69,438 66.6% 67.0% Reconciliation of GAAP to Non-GAAP Operating Expenses Three Months Ended Six Months Ended July 31, July 31, 2022 2021 $50,007 $27,492 2022 2021 $96,051 $51,843 GAAP sales and marketing expense Less: Stock-based compensation expense Employer taxes related to stock- based compensation Non-GAAP sales and marketing GAAP research and development expense Less: 5,439 GAAP general and administrative expense Less: 11,106 387 $44,348 $25,535 $84,558 220 $23,336 Stock-based compensation expense Employer taxes related to stock- based compensation Non-GAAP research and development $16,291 6,921 124 Stock-based compensation expense Employer taxes related to stock- based compensation Charitable contribution expense Non-GAAP general and administrative $16,537 1,957 3,842 164 $11,595 $44,956 $20,543 $10,064 1,571 $10,024 1,945 13,094 251 $31,611 8,053 229 4,295 4,260 $8,119 $31,575 $47,458 $23,392 $44,117 $19,011 4,158 $19,234 3,786 $15,225 braze

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