Zoom Video Communications Investor Presentation — August 2021

Document content

© 2021 Zoom Video Communications, Inc.

August 30, 2021 © 2021 Zoom Video Communications, Inc. Use of non-GAAP financial measures

In addition to the financials presented in accordance with U.S. generally accepted accounting principles ("GAAP"), this presentation includes the

following non-GAAP metrics: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating margin, non-GAAP operating income,

non-GAAP EPS, and Free Cash Flow. Non-GAAP metrics have limitations as analytical tools and you should not consider them in isolation or as a

substitute for or superior to the most directly comparable financial measures prepared in accordance with U.S. GAAP . There are a number of limitations

related to the use of non-GAAP metrics versus their nearest GAAP equivalents. Other companies, including companies in our industry, may calculate

non-GAAP metrics differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP

metrics as tools for comparison. We urge you to review the reconciliation of Zoom's non-GAAP metrics to the most directly comparable GAAP financial

measures, and not to rely on any single financial measure to evaluate our business. See the Appendix for reconciliation between each non-GAAP metric

and the most comparable GAAP measure. © 2021 Zoom Video Communications, Inc. This presentation and the accompanying oral presentation have been prepared by Zoom Video Communications, Inc. (“Zoom”) for informational purposes only and not for any other

purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or Zoom or any officer, director, employee,

agent or advisor of Zoom. This presentation does not purport to be all-inclusive or to contain all of the information you may desire. Information provided in this presentation and the

accompanying oral presentation speak only as of the date hereof.

This presentation and the accompanying oral presentation contain express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of

1995, including statements regarding our financial outlook for the third quarter and full fiscal year 2022, Zoom's expectations regarding financial and business trends, Zoom’s growth

strategy and business aspirations to drive evolution on multiple fronts as organizations and people reimagine work, communications and collaboration, and Zoom being well-positioned to

be successful as a platform. In some cases, you can identify forward-looking statements by terms such as “anticipate, ” “believe, ” “estimate, ” “expect, ” “intend, ” “may, ” “might, ” “plan, ” “project, ”