Braze Investor Presentation Deck

17 GAAP to Non-GAAP Gross Margin Reconciliation Gross Profit Plus: Stock-based compensation expense Employer taxes related to stock-based compensation expense Non-GAAP Gross Profit GAAP Gross Margin Non-GAAP Gross Margin FY'21 Q3 $24,901 205 $25,106 63.3% 63.8% DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS FY'21 Q4 $27,651 245 $27,896 64.4% 65.0% FY'22 Q1 $32,070 190 $32,260 67.0% 67.4% FY'22 Q2 $37,001 177 $37,178 66.4% 66.7% FY'22 Q3 $44,794 164 $44,958 70.0% 70.3% FY'22 Q4 $45,659 1,654 $47,313 64.8% 67.2% FY'23 Q1 $51,589 920 16 $52,525 66.6% 67.8% FY'23 Q2 $58,779 911 24 $59,714 68.2% 69.3% FY'23 Q3 $63,990 889 17 $64,896 68.7% 69.7% braze

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