Figma, Inc.

The following definitions describe certain key business metrics as well as certain other defined terms used in this

Proxy Statement. The calculation of the metrics discussed below may differ from other similarly titled metrics used

by other companies, securities analysts, or investors.

Annual Recurring Revenue

We calculate Annual Recurring Revenue (“ARR”) as the annualized value of Figma’s active customer agreements

as of the measurement date, assuming any agreement that expires during the next twelve months following the

measurement date is renewed on existing terms. A customer agreement is considered active when seats are

provisioned to the customer at the start of their subscription. In cases where contracts are signed but not

provisioned prior to the measurement date, the customer agreement is counted as active if provisioning takes

place no more than 15 days after the measurement date.

Monthly Active Users

We define monthly active users as the number of unique users that access at least one of our products during a

given month. When reporting monthly active users during a quarter or other period of time, we report the number

of monthly active users during the month with the highest number of active users during such period.

Paid Customer

We define a Paid Customer as a customer account that is billed separately for which Figma has an active paid

subscription as of the last day of the applicable period of measurement. A single organization with multiple

divisions, segments, subsidiaries, or subscribing teams that are each billed separately are counted as multiple

Paid Customers. A customer account is considered active when seats are provisioned to the customer at the start

of their subscription. In cases where contracts are signed but not provisioned as of the last date of the applicable

period of measurement, the customer account is counted as active if provisioning takes place no more than 15

days after the last day of the applicable period of measurement.

Paid Customers with more than $10,000 in ARR

We define a Paid Customer with more than $10,000 in ARR as a Paid Customer with a total of $10,000 or more

of ARR as of the last day of the applicable period of measurement.

Paid Customers with more than $100,000 in ARR

We define a Paid Customer with more than $100,000 in ARR as a Paid Customer with $100,000 or more of ARR

as of the last day of the applicable period of measurement.

Paid Customers with more than $1,000,000 in ARR

We define a Paid Customer with more than $1,000,000 in ARR as a Paid Customer with $1,000,000 or more of

ARR as of the last day of the applicable period of measurement.

Net Dollar Retention Rate

We calculate Net Dollar Retention Rate (“NDRR”) as of the applicable period of measurement by starting with the

ARR of Paid Customers with more than $10,000 in ARR as of twelve months prior to such date of measurement

(“Prior Period ARR”). We then calculate the ARR for those same customers as of the applicable period of

measurement (“Current Period ARR”). We then divide Current Period ARR by Prior Period ARR to calculate

NDRR for the applicable date of measurement. NDRR reflects customer expansion, contraction, and customer

churn. We calculate NDRR using ARR from Paid Customers with more than $10,000 in ARR because we believe

that $10,000 in ARR is an important threshold, as it is a strong indicator of significant paid usage of our products.