Pega Cloud and Subscription License ACV Growth

Backlog Total Backlog Up 8% as Reported (7% Constant Currency) $1,750M $1,500M $1,250M $1,000M $750M $500M $250M $0M $1,356M $720 $636 December 31, 2022 Current Long-term (1) Growth from December 31, 2022 to December 31, 2023 PEGA $1,463M $796 10% Growth (1) 5% Growth (1) $667 December 31, 2023 Pegasystems Inc. 28

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