Company Presentation December 2020

DISCLAIMER

This presentation contains future-oriented, forward-looking statements ("Forward- looking Statements"), estimates, opinions, projections and forecasts representing the current assessments and views with respect to anticipated future performance of Exasol AG. That assessments, views and forward-looking statements are subject to changes. There are uncertain conditions that are for the most part difficult to predict and are beyond the control of Exasol AG. Exasol AG is not under any obligation to publish any information resulting in changes in framework conditions or to publish revised information. subject to updating, revision and amendment, and such information may change materially. Neither Exasol AG nor any of its directors,

```` The information in this presentation as well as The Forward-looking Statements" are of preliminary and abbreviated nature and may be officers, employees, agents or affiliates undertakes or is under any duty to update this presentation or to correct any inaccuracies in any such information which may become apparent or to provide any additional information. The Forward-looking Statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates",

"anticipates", "expects", "intends", "aims", "plans", "predicts", "may", "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These Forward-looking Statements include all matters that are not historical facts. They appear in a number of places throughout this presentation and include statements regarding Exasol's intentions, beliefs or current expectations concerning, among other things, Exasol's prospects, growth, strategies, the industry in which it operates and potential or ongoing acquisitions. By their nature, Forward-looking Statements involve significant risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking Statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved.

Exasol: At glance

Foundation: 2000; headquartered in Nuermberg
IPO: May 2020 (EUR 9.50); 10% Capital Increase in December 2020 (EUR 19.50)
Listing Scale Segment (Open Market, Deutsche Boerse)
Employees: 154 end of June, 202 end of October
Enterprise customers > 185
Annual Recurring Revenue (ARR):

9M20: +35.2%; EUR 21.5m Guidance 2020: > 36%; EUR 24m

Full-stack relational database management system
Especially designed for ultra-fast data analytics from day one
In-memory technology and massive parallel processing as differentiating factors
USPs: Speed + Power, Cost of Ownership, Choice for Customers

1H20 HIGHLIGHTS 9M20 HIGHLIGHTS

Solid financial metrics

35.2% ARR growth (EUR 21.5m)
9M20 Group Revenues +12.0% to EUR 17.8m, 3Q20 Group Revenues +57.1% uncertain times – guidance confirmed
Delivering sound financial results in difficult and

+20 new customers across various verticals and industries

Two large insurance companies located in Europe
Four e-commerce/retail clients
Two enterprises in the utilities sector
Two customers in sports

Increasing customer base in-line with management expectations

After the IPO and latest capital increase new growth modus has been entered – gross proceeds of EUR 91m

Including all signed contracts, number of employees increased from 154 end of June to 202 end of October

Group Revenues EUR 17.8m

ARR +35.2%; EUR 21.5m

Customer growth 20 new signings

Sales/Marketing headcount 87 employees (end of October 20)

High quality customer base across various industries and regions. Selected examples

COMPANY OVERVIEW

Exasol's Unique Technology Advantages

Massively Parallel ```` Processing

Exasol's unique architecture leads to optimal scalability across CPU cores and multiple cluster servers

Smarter In-Memory

Architecture turns RAM into a smart accelerator for processing with fewer I/O operations and less data in main memory

Open Compute

Comprehensive support for programming languages, opensource AI frameworks & deployment modes

UNIQUE TECHNOLOGY ⁸

Go To Market Strategy: "Let Them Experience the Performance and Cost Advantages"

Performance

In-memory technology columnar Massive Parallel Processing design Separate storage and compute Operationalized data science

Ease of Use

Auto tuning Enterprise-grade security Best enterprise support Trial

Expand Choice

Cloud or on-prem Predictable, flexible pricing Price by Volume or Consumption Supports leading BI tools, Technology Ecosystem Integration

"Let Them Experience the Performance"

SPEED

100x faster query performance

OWNERSHIP COST

Lowest cost compared to any data warehouse solutions

0,1m QpH 11,6m QpH Legacy Systems Exasol 158,80\$/QpH 0,37\$/QpH Legacy Systems Exasol

TPC-H BENCHMARK ¹⁰

Exasol's Technology Leadership – Customer Example: Results of a major U.S. agricultural chemical and seed company Performance Benchmarking: Data Ingestion Benchmarking:

Source: Company customer, Major American agricultural chemical and seed company

Outstanding ranked #1 BARC: Data Management Survey underpins Exasol's technological leadership

BARC

BARC = Business Application Research Center
Leading enterprise software industry analyst and consulting firm delivering information to more than 1,000 customers

The Data Management Survey 2020

Annual study into the market for data warehousing and analytics tools
9 different vendors are featured, including Microsoft, Oracle, SAP, Snowflake, Exasol
Analyses is based on 782 software users, consultants and vendors which have been conducted from January – May 2020 • Two peer groups: Data warehouse and data analytics

KPI results Recommendation Satisfaction BARC's Data Management Survey 20 ' #1 rankings for Exasol

18 #1 rankings and 4 leading positions in 2 different peer groups

Performance Functionality 100% of surveyed users say they would recommend Exasol's high performance database(*) without reservation

*Based on the aggregate of "Definitely" and "Probably"

100% of surveyed users are satisfied with Exasol Database*

*Based on the aggregate of "Very satisfied" and "Somewhat satisfied"

100% of surveyed users chose Exasol Database because of its convincing and exceptional performance*

*Compared to 55% for the average data management tool

97% of surveyed users rate

Exasol's functionality as excellent or good*

*Compared to 86% for the average data management tool

Specialist for analytical workloads

Participants agreed with Exasol's description as the best performing database for analytical workloads.

Exasol's Technological Leadership – Category Data Warehouse

Exasol's Technological Leadership – Category Data Analytics

1H20 HIGHLIGHTS 202 employees as end of October 2020

Strong product management team has been established (10 employees, 7 located in the U.S.)

Increased number of Sales in the UK & DACH

Stronger sales organization has been set up to improve engagement with existing and accelerate new customer wins

New office in Switzerland

Improved local footprint in the DACH region

Head of Sales U.S. hired

Ready to rump-up the U.S. sales organization

EXASOL'S STRATEGIC KEY PILLARS IN A NUTSHELL

• Establish a strong global organization • Strengthen brand awareness • Increase number of pitches (in which Exasol will participate) • Driving the Group to subscription-based, cloud-based and SaaS-based relationships with our customers. • Platform-independent approach: Fitting to all major cloud platforms, infrastructures and on-premise solutions. • Challenging legacy players and direct competitors with our core USPs • Expand Choice for our customers • Clear growth strategy: (1) Increasing wallet share with existing customers, (2) increase market share in DACH (3) regional expansion especially in the USA and UK, (4) scale partner network. COST & EFFICIENCY CUSTOMERS INNOVATION

Strategy to accelerate ARR growth: Increase wallet share with existing customers

Data Growth

Exponential data growth drives volume or consumption-based business model

User Growth

User growth exerts pressure on systems which leads to increased performance requirements

Application Growth

Increasing number of processes and apps driven by data / users leads to wider adoption and usage across organization

18

Exasol

Increase brand awareness Since the IPO, substantial growing media coverage

FINANCIAL TIMES

Exasol dominates its peer groups in BARC Data Management Survey 2020

Forbes

Stale Data Has No Smell - But Still Leaves A Bad Taste

"As a healthcare, retail, or financial services business you cannot afford to make decisions based on yesterday's data," said Rishi Diwan, chief product officer (CPO) of Exasol. "If the pandemic has made one thing clear it's that

Cloud computing storms a bastion of the enterprise: the data warehouse

EUROPEANCEN

Analytics firm Exasol understands the power of data in today's business landscape

As CEO of Exasol, Aaron Auld has helped grow the analytics database company into one of the most highly valued technology firms in Europe - one that is capable of meeting client needs while prioritising data privacy

Exasol

Roundtables Program Increase brand awareness via ABM measures: Multiple account based marketing initiatives started

Partnership with Mircosoft & Rackspace

Working with Rackspace & Microsoft to help customers create a landing zone for their data strategy in Azure combine MS – SI - ISV
Lining up with MS strategy to

launched

13 planned roundtables
```` 9 meetings engaged with VPs, Directors and Heads of Data across key accounts Videos Creation Full Tableau Demo Weekly Updates

Tableau Campaign

Corporate Social Responsibility Combine brand recognition & employee development Sustainability Diversity Giving back

Exasol has launched a CSR program to:

Embrace socially responsible policies
Sustain employee morale and achieve greater productivity in the workforce
Promote a healthy culture
Create a stronger brand and reputation
Environmental Policy
Environmental Management System • Carbon Footprint Assessment • Diversity Champions • Training • Initiatives Non-Profit Customers in
Healthcare
Data for Good Initiative
Volunteering

9M20 FINANCIAL RESULTS