Dropbox Investor Presentation Deck

Non-GAAP reconciliation Income (loss) from operations - GAAP Stock-based compensation Acquisition-related and other expenses Amortization of acquired intangible assets Impairment to real estate assets Income from operations - Non-GAAP Non-GAAP operating margin Three Months Ended December 31, 2021 $70.2 72.5 7.6 3.7 14.0 $168.0 29.7% December 31, 2022 $(80.4) 87.3 5.7 4.0 162.5 $179.1 29.9%

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