Braze Investor Presentation Deck

23 Reconciliation of GAAP to Non-GAAP Gross Margin Three Months Ended January 31, Twelve Months Ended January 31, 2023 Gross Profit Plus: Stock-based compensation expense Employer taxes related to stock-based compensation expense Non-GAAP Gross Profit GAAP Gross Margin GAAP to Non-GAAP Reconciliation DOLLARS IN THOUSANDS Non-GAAP Gross Margin 2023 $65,250 896 14 $66,160 66.1% 67.0% 2022 $45,659 1,654 64.8% $239,608 67.2% 3,616 71 $47,313 $243,295 $161,709 67.4% 2022 68.5% $159,524 2,185 67.0% 67.9% Reconciliation of GAAP to Non-GAAP Operating Expenses Three Months Ended January 31, 2023 Twelve Months Ended January 31, 2022 2023 GAAP sales and marketing expense Less: Stock-based compensation expense Employer taxes related to stock-based compensation expense Non-GAAP sales and marketing GAAP research and development expense Less: Stock-based compensation expense Employer taxes related to stock-based compensation expense Non-GAAP research and development GAAP general and administrative expense Less: Stock-based compensation expense Employer taxes related to stock-based compensation expense 1% Pledge charitable compensation expense Acquisition related expense Non-GAAP general and administrative $52,792 $45,726 6,253 10,400 60 $46,479 $35,326 $26,754 $22,904 7,743 49 9,833 $18,962 $13,071 $22,224 $19,617 3,933 67 7,257 773 $17,451 $12,360 $201,684 $127,137 23,871 603 $177,210 110,8 28,897 353 2022 $97,293 $59,034 $68,043 16,281 15,833 319 4,260 773 $67,586 15,613 $88,771 $51,564 $43,421 13,101 $38,463 braze

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