BUTTERFLY TECHNOLOGY Ranks No. 803 on the 2023 Inc. 5000

NEW YORK, August 15, 2023 – Inc. revealed today that BUTTERFLY TECHNOLOGY ranks No. 803 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microso, Patagonia, and many other household names brands gained their first national exposure as honorees on the Inc. 5000. “Butterfly Technology is a growing company making meaningful impact for our customers across Master Data Management – MDM, Strategy. Advisory, Supply Chain and Program Management. Our Motto is to add continuous Value to our client business and we are happy to share that 100% of our business growth is attributed to customer referrals. ” says CEO of Butterfly Technology, Manu Gupta Butterfly has carved out a niche in Master Data Management including PIM, Supply Chain and Program Management and will continue to serve customers across wide variety of technology and business needs. There team has successful implementations across various industries including implementing MDM PIM for leading retailers, developing strategy / multi year roadmap for Complex ERP implementation or executing RFPs, platform / Technology selection for fortune 500 clients. Thank you to Inc for the recognition and making us part of this elite list of fastest growing companies. The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this years top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this years Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23. “Running a business has only gotten harder since the end of the pandemic, ” says Inc. editorin-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future. ”

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

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Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risktakers, the innovators, and the ultra-driven go-getters who are creating our future. Inc. s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastestgrowing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/.