Dropbox Investor Presentation Deck

Non-GAAP reconciliation Income from operations - GAAP Stock-based compensation Acquisition-related and other expenses Amortization of acquired intangible assets Income from operations - Non-GAAP Non-GAAP operating margin $ Three Months Ended March 31, 2022 89.5 72.3 5.0 3.5 170.3 30.3 % $ March 31, 2023 84.1 76.0 7.4 7.0 174.5 28.6%

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