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 related to real estate assets Workforce reduction expense Income from operations - Non-GAAP Non-GAAP operating margin 2020 $(277.0) 261.5 16.9 9.5 398.2 $409.1 21.4% Twelve Months Ended 2021 $274.4 287.1 26.8 13.1 31.3 14.3 $647.0 30.0% 2022 $181.3 330.7 18.0 13.8 175.2 $719.0 30.9%

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