Braze Investor Presentation Deck

27 GAAP Cash Flows from Operations to Free Cash Flow Reconciliation of GAAP Cash Flow from Operating Activities to Non-GAAP Free Cash Flow Net cash provided by/ (used in) operating activities Less: Purchases of property and equipment Capitalized internal-use software costs DOLLARS IN THOUSANDS Non-GAAP Free cash flow Three Months Ended July 31, 2023 ($17,517) (387) (788) ($18,692) 2022 ($16,321) (7,884) (477) ($24,682) Six Months Ended July 31, 2023 $5,032 (427) (1,640) $2,965 2022 $1,600 (9,844) (783) ($9,027) braze

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