Braze Investor Day Presentation Deck

44 Reconciliation of GAAP to Non-GAAP Operating Expenses DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS GAAP sales and marketing expense Less: Stock-based compensation expense Employer taxes related to stock-based compensation expense Non-GAAP sales and marketing expense GAAP research and development expense Less: Stock-based compensation expense Employer taxes related to stock-based compensation expense Non-GAAP research and development expense GAAP general and administrative expense Less: Stock-based compensation expense Employer taxes related to stock-based compensation expense Charitable contribution expense Non-GAAP general and administrative expense Fiscal Year Ended January 31, 2020 2021 $57,348 6,365 $50,983 $20,339 3,705 $16,634 $16,524 2,062 $14,462 $70,661 2,892 $67,769 $29,212 2,102 $27,110 $27,959 1,896 $26,063 2022 $127,137 16,281 $110,856 $59,034 15,613 $43,421 $51,564 13,101 $38,463 Six Months Ended July 31, 2022 $96,051 11,106 387 $84,558 $44,956 13,094 251 $31,611 $44,117 8,053 229 4,260 $31,575 braze

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