Palantir Technologies Investor Presentation — May 2021

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©2021 Palantir Technologies /I.ss04nc.Safe Harbor This presenta/t_ion and the accompanying oral commentary contain “forward-looking” statements within the meaning of the federal securi/t_ies laws, and these statements involve

substan/t_ial risks and uncertain/t_ies. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, expecta/t_ions of future opera/t_ing results or financial performance, market size and growth opportuni/t_ies, the calcula/t_ion of certain of our key financial and opera/t_ing metrics, plans for future opera/t_ions, compe/t_i/t_ive posi/t_ion, technological capabili/t_ies, and strategic rela/t_ionships, as well as assump/t_ions rela/t_ing to the foregoing. Forward-looking statements are inherently subjectto risks and uncertain/t_ies, some of which cannot be predicted or quan/t_ified. In some cases, you can iden/t_ify forward-looking statements by terminology such as “guidance,” “expect,” “an/t_icipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “es/t_imate,” “poten/t_ial,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” and varia/t_ions of these terms or the nega/t_ive of these terms and similar expressions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indica/t_ions of the /t_imes at, or by, which such performance or results will be achieved, if at all.

Forward-looking statements are subject to a number of risks and uncertain/t_ies, many of which involve factors or circumstances that are beyond our control. Our actual results

could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to risks detailed in our filings with the Securi/t_ies and Exchange Commission (the “SEC”), including our annual report on Form 10-K for the fiscal year ended December 31, 2020 and other filings and reports that we may file from /t_ime to /t_ime with the SEC, including our quarterly report on Form 10-Q for the quarter ended March 31, 2021. You can locate these reports on our investor rela/t_ions website (investors.palan/t_ir.com) or on the SEC website (www.sec.gov). If the risks or uncertain/t_ies ever materialize or the assump/t_ions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. Except as required by law, we assume no obliga/t_ion and do not intend to update these forward-looking statements or to conform these statements to actual results or to changes in our expecta/t_ions.

We use the non-GAAP financial measures adjusted free cash flow and adjusted free cash flow margin; contribu/t_ion margin; adjusted gross profit and adjusted gross margin; billings;