2022 Olo Inc. All rights reserved. 16 $30.0 $32.4 Q1 2021 Q1 2022 Continued Gross Profit Growth As of 3/31/2022. In millions except percentages. *Gross Profit is a non - GAAP financial measure. Please see the explanation of non - GAAP measures as well as the non - GAAP reconcili ation in the appendix. Transactional SaaS Model Yields Strong Gross Profit* $21.4 $35.5 +66% $80.8 +127% $122.4 +52% 2018 2019 2020 2021 79% Compound Annual Growth Rate 8% Gross Profit* Gross Profit*

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