Yext : March 2024 Investor Presentation View Presentation

Investor Presentation

March 2024

Safe Harbor Statement

Statements in this presentation that are not statements of historical facts are forward-looking statements and should be evaluated as such. Forward-looking statements include, but are not limited to, statements regarding our expected financial and operating results in future periods and statements regarding our expectations regarding the growth of our company, our market opportunity, product roadmap, including artificial intelligence, sales efficiency efforts and our industry. In some cases, you can identify forward- looking statements by terminology such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "intend," "potential," "might," "would," "continue," or the negative of these terms or other comparable terminology.

We have based the forward-looking statements contained in this presentation primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, results of operations, strategy, short-andlong-term business operations, prospects, business strategy and financial needs. 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, those previously disclosed in the sections titled "Special Note Regarding Forward Looking Statements" and "Risk Factors" in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission (the "SEC") and other public communications. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this presentation. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements. Accordingly, you should not rely on forward-looking statements as predictions of future events.

The forward-looking statements made in this presentation relate only to events as of the date on which such statements are made. All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by these cautionary statements as well as other cautionary statements that are made from time to time in our SEC filings and public communications. We undertake no obligation to update any forward-looking statements after the date hereof or to conform such statements to actual results or revised expectations, except as required by law.

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Yext is the leading

digital presence platform

for multi-location brands

3

Yext powers the digital presence

Surfacing approved content everywhere customers are looking

COLLECT

ORGANIZE

DELIVER

As people engage with brands, Yext provides insights on customer behavior to influence brand strategy

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Choose any combination of products to

reach brand goals

and iterate as needs change

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Yext puts brands front and center

Helps local	Automates	Provides better	One platform for all
customers find	workflows with AI	marketing insights	digital marketing
and engage			channels
with brands

+47%	2.3x	40.8%	+30%	+57%
listings impressions	more appearances	unbranded listings	customer actions	improvement in
when customers switch to	in Local Search	impressions	when customers use	response times
Yext	than their competitors	when Listings are optimized	Listings and Reviews	with Reviews

Source: Company data through Jan 2024 and customer case studies, Nov 2022 through Feb 2024 6

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Financial Overview

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Fiscal 2024 results

~375bp

Expansion

in gross margin*

79%

75%

FY23 FY24

~155%

Growth

in operating cash

flow

$ 46 M

$ 18 M

FY23 FY24

~780bp

Improvement

in Rule of 40**

14%

7%

FY23 FY24

~625bp
Improvement
in opex* as % of Rev
76%
	69%
FY23	FY24

29%
Reduction
in stock-based
compensation
$63 M
	$45 M
FY23	FY24

*All data as of Jan 31, 2024. Non-GAAP gross margin and non-GAAP opex are non-GAAP measures. See Appendix for a reconciliation to financial results prepared in accordance with GAAP	10
**Rule of 40 defined as the sum of TTM rev growth and TTM adj EBITDA margin.