Braze Inc

On April 7, 2024, Phillip Fernandez, amember of our board of directors, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The trading plan provides for the sale of, in the aggregate, up to 120,000 shares of our Class A common stock, subject to the satisfaction of specified price conditions. The plan will terminate on July 15, 2025, subject to early termination for certain specified events set forth in the plan.

On April 11, 2024, Susan Wiseman, our General Counsel, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The trading plan provides for the sale of, in the aggregate, up to 185,590 shares of our Class A common stock, subject to the satisfaction of specified price conditions, and all shares received upon the settlement of 29,640 then outstanding restricted stock unit awards during the duration of the plan, excluding any shares withheld or sold by the Company to satisfy its income tax withholding and remittance obligations in connection with the settlement of such equity awards. The plan will terminate on July 15, 2025, subject to early termination for certain specified events set forth in the plan.

On April 15, 2024, Pankaj Malik, our Chief Accounting Officer, adjusted the percentage of shares to be sold on his behalf by Braze, Inc. pursuant to the Company’s “sell to cover” program. This “sell to cover” program isintended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, and mandates the sale of shares by the Company to satisfy the income tax withholding and remittance obligations of the Company in connection with the vesting and settlement of restricted stock unit awards issued pursuant to the Company’s equity incentive plans. The Company provides its employees the opportunity to adjust the applicable withholding rate under this “sell to cover” program during the first quarter of each fiscal year.