X0306 4 2022-01-27 0 0001650164 Toast, Inc. TOST 0001469026 HMI Capital Management, L.P. 555 CALIFORNIA STREET SUITE 4900 SAN FRANCISCO CA 94104 0 0 1 0 0001458994 HMI Capital Partners, L.P. C/O HMI CAPITAL MANAGEMENT, L.P. 555 CALIFORNIA STREET, SUITE 4900 SAN FRANCISCO CA 94104 0 0 1 0 Class A Common Stock 2022-01-27 4 P 0 307465 19.8604 A 10637040 I See Footnotes Class A Common Stock 2022-01-27 4 P 0 20847 19.8604 A 10657887 I See Footnotes Class A Common Stock 2022-01-28 4 P 0 364954 19.9773 A 11022841 I See Footnotes Class A Common Stock 2022-01-28 4 P 0 24745 19.9773 A 11047586 I See Footnotes Directly held by HMI Capital Partners, L.P. ("HMI Capital Partners"). Directly held by Merckx Capital Partners, L.P. ("Merckx"). HMI Capital Management, L.P. ("HMI") serves as the investment advisor to HMI Capital Partners and Merckx. HMI Capital Fund GP, LLC ("GP LLC") serves as the general partner of HMI Capital Partners and Merckx. Members GP, LLC serves as the general partner of HMI. Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, and Mr. Radhakrishnan Raman Mahendran are the investment committee members of HMI. Because of their relationship with HMI Capital Partners and Merckx, each of HMI, GP LLC, Members GP, LLC, Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, and Mr. Radhakrishnan Raman Mahendran may be deemed to beneficially own securities reported herein. HMI Capital Partners, Merckx, HMI, HMI Capital Fund GP, LLC, Members GP, LLC, Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, and Mr. Radhakrishnan Raman Mahendran expressly disclaim beneficial ownership over any of the securities reported herein except to the extent of their pecuniary interest therein, if any. The filing of this statement shall not be construed as an admission that HMI Capital Partners, Merckx, HMI, HMI Capital Fund GP, LLC, Members GP, LLC, Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, or Mr. Radhakrishnan Raman Mahendran are the beneficial owners of any of the securities reported herein. By: Emily M. Brakebill, COO of HMI Capital Management, L.P., for itself HMI Capital Fund GP, LLC, for itself and as general partner of HMI Capital Partners, L.P., as attorney-in-fact for Mr. Hellman, Mr. Nyweide, Mr. Barrett, and Mr. Mahendran 2022-01-31