Investor Presentation

1 2021 Snowflake Inc. All Rights Quarter Fiscal 2022 2021 Snowflake Inc. All Rights Harbor and Statement Regarding Use of Non-GAAP Financial MeasuresThispresentationalsoincludescert ainnon-GAAP financialmeasures,whichhavenotbeenprepar edinaccordancewithgenerallyacceptedaccou ntingprinciplesintheUnitedStates(GAAP).T hesenon-GAAP financialmeasuresareinadditionto,andnota sasubstitutefor,orsuperiorto, ,othercompaniesmaycalculatenon-GAAP financialmeasuresdifferentlyormayuseothe rmeasurestoevaluatetheirperformance, ,operatingincome(loss),andnetincome(loss )measuresexcludetheeffectofstock-basedco mpensationexpense-relatedcharges,includi ngemployerpayrolltax-relateditemsonemplo yeestocktransactions,amortizationofacqui redintangibles,expensesassociatedwithacq uisitionsandstrategicinvestments, (usedin) (minus)netcashpaid(received)

2 ,2021, ,2021,adjustedfreecashflowisdefinedtoals oexcludetheeffectsofemployeepayrolltax-r elateditemsonemployeestocktransactions,w hicharegenerallypass-throughtransactions thatareexpectedtohaveanetzeroimpactonfre ecashflowovertime, 'abilitytoevaluateourfreecashflowperform ance, ,wehavenotrestatedadjustedfreecashflowme asuresforanyperiodspriortothequarterende dApril30, ,allinformationcontainedinthispresentati on,includingstatementsregardingourfuture operatingresultsandfinancialposition,our businessstrategyandplans,product,service ,andtechnologyofferings,marketgrowthandt rends,andobjectivesforfutureoperations,a reforward-lookingstatementswithinthemean ingofSection27 AoftheSecuritiesActof1933,asamended,andS ection21 EoftheSecuritiesExchangeActof1934, ,youcanidentifyforward-lookingstatements byterminologysuchas may, will, should, plan, predict, expect, estimate, anticipate, intend, goal, strategy, believe, ,resultsofoperations,businessstrategy,sh ort-termandlong-termbusinessoperationsan dobjectives, ,uncertainties,andassumptions,includingt hosedescribedundertheheading RiskFactors andelsewhereinourmostrecentlyfiledForm10 -QforthefiscalquarterendedJuly31,2021,th eForm10-QforthefiscalquarterendedOctober 31,2021thatwillbefiled.

3 AndotherfilingsandreportswemakewiththeSe curitiesandExchangeCommission(SEC) ,norcanweassesstheeffectofallfactorsonou rbusinessortheextenttowhichanyfactor,orc ombinationoffactors, ,uncertainties,andassumptions, ,wecannotguaranteethatthefutureresults,p erformance, , ,estimates,andforecaststhatarebasedonind ependentindustrypublicationsorotherpubli clyavailableinformation, ,thesedatainvolvemanyassumptionsandlimit ations, 2021 Snowflake Inc. All Rights OF THEDATA CLOUD201420192020 AND BEYOND2 2021 Snowflake Inc. All Rights CLOUD NATIVE ARCHITECTUREIS REQUIRED3 2021 Snowflake Inc. All Rights S ARCHITECTURE 2021 Snowflake Inc. All Rights S PLATFORM 2021 Snowflake Inc.

4 All Rights OPPORTUNITYDATA CLOUD~$90 BCLOUD DATAPLATFORM1 DATA WAREHOUSE$14B6 2021 Snowflake Inc. All Rights 'sownestimatesforthemarketopportunityofo urCloudDataPlatformasofApril30, 2021 Snowflake Inc. All Rights ReservedEVER EXPANDING ECOSYSTEM 2021 Snowflake Inc. All Rights FINANCIALHIGHLIGHTSR apid Growthat Scale Improving Product Gross ,otherthanproductrevenue, $1M+productrevenuecustomersisameasureofc ustomerswithgreaterthan$1millionintraili ng12-monthproductrevenuecontributionasof October31, PRODUCT REVENUE GROWTHNON-GAAP PRODUCT GROSS MARGINS ignificant Expansion with Existing Customers173%NET REVENUE RETENTIONS trong LargeCustomer Momentum$1M+ PRODUCT REVENUE CUSTOMERS8148 2021 Snowflake Inc.

5 All Rights of revenue is consumption-based1 Revenue recognized only as consumption occursIn many cases, rollover of unused capacity permitted, generally on the purchase of additional capacityContract durations increasing along with larger customer commitmentsPrimarily billed annually in advance with some on-demand in arrearsWE ARE NOT ASAAS MODEL91 For the three months ended October 31, 2021. 2021 Snowflake Inc. All Rights FOCUS ON PRODUCT REVENUE AND RPOP roduct RevenueRemaining Performance Obligations (RPO)BillingsWhy it matters:Substantial majority of our revenueCustomers have flexibility in timing of consumptionWhat is and isn t reflected:+Contracted capacity consumed including excess in period and rollover from prior periods+On-demand capacity consumed-Contracted customers who have yet to consumeWhy it matters:Represents contracted future revenue not yet recognizedWhat is and isn t reflected:+Deferred revenue+Committed unbilled backlog-On-demand arrangements and certain time and material contracts billed in arrears Why it s less relevant.

6 Billings reflect the timing of the cash flows negotiated with our customersWe have customers who may negotiate to pay upfront and others in installments, but the key metrics are how customers utilize the product (Revenue) and the commitments they make to lock into Snowflake (RPO)Evolving billing terms (annual, quarterly, monthly in arrears)10 2021 Snowflake Inc. All Rights Reserved.$148 $178 $214 $255 $312 $11 $12 $15 $18 $22 $160 $190 $229 $272 $334 Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22$252 $554 $13 $38 $265 $592 FY20FY21 QUARTERLY REVENUE (MILLIONS)124%YOY GrowthANNUALREVENUE (MILLIONS)110%YOY GrowthNote: Fiscal year ends January 31. Numbers are rounded for Presentation COMBINATION OFSCALE & GROWTHP roduct RevenueProfessional Services and Other Revenue 11 2021 Snowflake Inc.

7 All Rights Reserved.$928 $1,333 $1,432 $1,529 $1,804 Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22 REMAINING PERFORMANCE OBLIGATIONS1(MILLIONS)SIGNIFICANTCUSTOME R , 2021 Snowflake Inc. All Rights ,554 4,139 4,532 4,990 5,416 Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22 CUSTOMERS OVER $1M PRODUCT REVENUE2 TOTAL CUSTOMERS 52%YOY Growth128%YOY GrowthLARGECUSTOMER MOMENTUM13 ,wetreateachcustomeraccount,includingacc ountsforend-customersunderaresellerarran gement,thathasatleastonecorrespondingcap acitycontractasauniquecustomer,andasingl eorganizationwithmultipledivisions,segme nts, , ,consolidations,spin-offs, $ 77 104 116 148 Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22 2021 Snowflake Inc. All Rights FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22 FORTUNE 500 CUSTOMERS30%YOY GrowthLANDINGSTRATEGIC CUSTOMERS14 ,aswellasacquisitions,consolidations,spi n-offs, 2021 Snowflake Inc.

8 All Rights FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22 DOLLAR-BASED NET REVENUE RETENTION RATE1 , , ,2021, , ,consolidations,spin-offs, RETENTION RATE15 2021 Snowflake Inc. All Rights YTDC loud agreement pricingScaleEnterprise customer successExpansion DriversNON-GAAP PRODUCT GROSS MARGIN1 IMPROVING PRODUCTGROSS MARGINNote:FY22 YTDrepresentsthenine-monthperiodendedOct ober31, Percentage PointsNon-GAAP Product Gross Margin Expansion 2021 Snowflake Inc. All Rights of scaleLarger customer relationshipsLarger renewal mix leading to lower commissionsADJUSTED FREE CASH FLOW AS% OF REVENUE1 NON-GAAP OPERATING EXPENSES AS % OF REVENUE1 Leverage DriversS&MR&DG&AOPERATING LEVERAGE WHILEINVESTING IN GROWTHNote:FY22 YTDrepresentsthenine-monthperiodendedOct ober31, YTDS ignificantly Improved Operating Leverage(75%)(12%)6%FY20FY21FY22 YTD 2021 Snowflake Inc.

9 All Rights ,177 1,257 1,450 1,570 1,672 440 478 594 642 705 354421503603 657 282339384445 523 2,253 2,495 2,931 3,260 3,557 Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22 HIRINGTO ADDRESS OUR OPPORTUNITYS&MR&DG&ACost of RevenueEMPLOYEE HEADCOUNT BY FUNCTION18 2021 Snowflake Inc. All Rights FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY2219 EXPANDING ,EMEA,andAPJregions,asapplicable,basedon thelocationofthecustomer,whichisderivedf romtheship-toorbill-toinformation,asappl icable, MIX BY GEOGRAPHY 2021 Snowflake Inc. All Rights OF REVENUE FY19FY20FY21FY22 GUIDANCEMIDPOINTYOY PRODUCTREVENUEGROWTHNA164%120%104%NON-GA APPRODUCT GROSS PROFIT158%63%69%74%NON-GAAP OPERATING LOSS1(136)%(105)%(38)%(4)%NON-GAAP ADJUSTED FREECASH FLOW1(152)%(75)%(12)%8% ,andthepotentialvariabilityof, 2022 GUIDANCE20 2021 Snowflake Inc.

10 All Rights 2021 Snowflake Inc. All Rights TO NON-GAAP RECONCILIATIONSPRODUCT GROSS PROFIT AND SALES & MARKETINGNote: FY22 YTD represents the nine-month period ended October 31, 2021. Fiscal year ends January 31. $ in thousands. Numbers arerounded for Presentation purposes. 22Q3 FY21Q4 FY21Q1 FY22Q2 FY22Q3 FY22FY20FY21FY22 YTDP roduct revenue$148,473$178,288$213,830$254,623$ 312,458$252,229$553,794$780,911 Professional service and other revenue11,15112,17715,08417,57521,98312, 51938,25554,642 Revenue$159,624$190,465$228,914$272,198$ 334,441$264,748$592,049$835,553 Gross ProfitGAAP product gross profit$96,657$114,518$141,750$173,575$22 0,166$155,607$359,959$535,491 GAAP product gross margin65%64%66%68%70%62%65%69%Add: Stock-based compensation expense-related charges7,32510,17112,16813,22612,4191,91 918,72437,813 Add.