X0206 3 2018-03-22 0 0001467623 DROPBOX, INC. DBX 0001734432 Schreier R. Bryan 333 BRANNAN STREET SAN FRANCISCO CA 94107 1 0 0 0 Class A Common Stock 14286 D Series A Preferred Stock Class B Common Stock 39073599 I By Sequoia Capital XII, LP Series A Preferred Stock Class B Common Stock 4176079 I By Sequoia Capital XII Principals Fund, LLC Series A Preferred Stock Class B Common Stock 1462080 I By Sequoia Technology Partners XII, LP Series A-1 Preferred Stock Class B Common Stock 36787659 I By Sequoia Capital XII, LP Series A-1 Preferred Stock Class B Common Stock 3931759 I By Sequoia Capital XII Principals Fund, LLC Series A-1 Preferred Stock Class B Common Stock 1376520 I By Sequoia Technology Partners XII, LP Series B Preferred Stock Class B Common Stock 317886 I By Sequoia Capital XII, LP Series B Preferred Stock Class B Common Stock 33974 I By Sequoia Capital XII Principals Fund, LLC Series B Preferred Stock Class B Common Stock 11894 I By Sequoia Technology Partners XII, LP These securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through the earlier of May 15, 2019 or the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer. Each share of preferred stock will automatically convert into Class B common stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering and has no expiration. The Reporting Person is a non-managing member of SC XII Management, LLC ("SC XII Management"). SC XII Management, is the general partner of Sequoia Capital XII, L.P. and Sequoia Technology Partners XII, L.P. and is the managing member of Sequoia Capital XII Principals Fund, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose. Exhibit 24 - Power of Attorney /s/ Bart E. Volkmer, Attorney-In-Fact 2018-03-22