©2025 Castle Biosciences 1 Empowering people,  informing care decisions First Quarter 2025 May 5, 2025 
 
 
©2025 Castle Biosciences 2 Disclaimers Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as  amended, which are subject to the “safe harbor” created by those sections. These forward-looking statements include, but are not limited to, statements concerning: our positioning for  continued growth and value creation, including with regard to our acquisition of Previse; our estimated U.S. total addressable market for our commercially available tests; our ongoing studies  generating data and their impact on driving adoption of our tests; study observations and interpretations of study data, including conclusions about the benefits and impact of our tests on  treatment decisions and patient outcomes; our ability to advance penetration of our tests with clinicians and payers; our ability to carry out our commercial strategies; our ability to be net  operating cash flow positive by the end of 2025; our future approach to capital allocation; our expected launch of our pipeline expansion by the end of 2025; and the timing and achievement of  program milestones. The words “anticipates,” “can,” “could,” “estimates,” “expects,” “may,” “potential,” “target” and similar expressions are intended to identify forward-looking statements,  although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements  and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the  forward-looking statements that we make. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those in the forward- looking statements, including, without limitation: our estimates and assumptions underlying our estimated U.S. total addressable market for our commercially available tests; our assumptions  or expectations regarding continued reimbursement for our products and subsequent coverage decisions; Novitas’ local coverage determination signifying non-coverage by Medicare of our  DecisionDx-SCC test; our estimated total addressable markets for our products and product candidates; the expenses, capital requirements and potential needs for additional financing, the  anticipated cost, timing and success of our product candidates; our plans to research, develop and commercialize new tests; our ability to successfully integrate new businesses, assets,  products or technologies acquired through acquisitions; the effects of macroeconomic events and conditions, including inflation and monetary supply shifts, tariffs and disruptions to trade,  labor shortages, liquidity concerns at, and failures of, banks and other financial institutions or other disruptions in the banking system or financing markets and recession risks, supply chain  disruptions, outbreaks of contagious diseases and geopolitical events (such as the ongoing Israel-Hamas War and Ukraine-Russia conflict), among others, on our business and our efforts to  address its impact on our business; the possibility that subsequent study or trial results and findings may contradict earlier study or trial results and findings or may not support the results  discussed in this presentation, including with respect to the diagnostic and prognostic tests discussed in this presentation; our planned installation of additional equipment and supporting  technology infrastructures and implementation of certain process efficiencies may not enable us to increase the future scalability of our TissueCypher Test; the possibility that actual application  of our tests may not provide the anticipated benefits to patients; the possibility that our newer gastroenterology and mental health franchises may not contribute to the achievement of our  long-term financial targets as anticipated; and the risks set forth under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, and our Quarterly  Report on Form 10-Q for the three months ended March 31, 2025, each filed or to be filed with the SEC, and in our other filings with the SEC. The forward-looking statements are applicable only  as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements, except as may be required by law. 
 
 
©2025 Castle Biosciences 3 Disclaimers Financial Information; Non-GAAP Financial Measures In this presentation, we use the metrics of Adjusted Revenues, Adjusted Gross Margin and Adjusted EBITDA, which are non-GAAP financial measures and are not calculated in accordance with  generally accepted accounting principles in the United States (GAAP). Adjusted Revenues and Adjusted Gross Margin reflect adjustments to GAAP net revenues to exclude net positive and/or  net negative revenue adjustments recorded in the current period associated with changes in estimated variable consideration related to test reports delivered in previous periods. Adjusted  Gross Margin further excludes acquisition-related intangible asset amortization. Adjusted EBITDA excludes from net income (loss): interest income, interest expense, income tax expense  (benefit), depreciation and amortization expense, stock-based compensation expense and change in fair value of trading securities. We use Adjusted Revenues, Adjusted Gross Margin and Adjusted EBITDA internally because we believe these metrics provide useful supplemental information in assessing our revenue and  operating performance reported in accordance with GAAP, respectively. We believe that Adjusted Revenues, when used in conjunction with our test report volume information, facilitates  investors’ analysis of our current-period revenue performance and average selling price performance by excluding the effects of revenue adjustments related to test reports delivered in prior  periods, since these adjustments may not be indicative of the current or future performance of our business. We believe that providing Adjusted Revenues may also help facilitate comparisons  to our historical periods. Adjusted Gross Margin is calculated using Adjusted Revenues and therefore excludes the impact of revenue adjustments related to test reports delivered in prior  periods, which we believe is useful to investors as described above. We further exclude acquisition-related intangible asset amortization in the calculation of Adjusted Gross Margin. We believe  that excluding acquisition-related intangible asset amortization may facilitate gross margin comparisons to historical periods and may be useful in assessing current-period performance  without regard to the historical accounting valuations of intangible assets, which are applicable only to tests we acquired rather than internally developed. We believe Adjusted EBITDA may  enhance an evaluation of our operating performance because it excludes the impact of prior decisions made about capital investment, financing, investing and certain expenses we believe are  not indicative of our ongoing performance. However, these non-GAAP financial measures may be different from non-GAAP financial measures used by other companies, even when the same  or similarly titled terms are used to identify such measures, limiting their usefulness for comparative purposes.  These non-GAAP financial measures are not meant to be considered in isolation or used as substitutes for net revenues, gross margin, or net income (loss) reported in accordance with GAAP;  should be considered in conjunction with our financial information presented in accordance with GAAP; have no standardized meaning prescribed by GAAP; are unaudited; and are not  prepared under any comprehensive set of accounting rules or principles. In addition, from time to time in the future, there may be other items that we may exclude for purposes of these non- GAAP financial measures, and we may in the future cease to exclude items that we have historically excluded for purposes of these non-GAAP financial measures. Likewise, we may determine  to modify the nature of adjustments to arrive at these non-GAAP financial measures. Because of the non-standardized definitions of non-GAAP financial measures, the non-GAAP financial  measure as used by us in this press release and the accompanying reconciliation tables have limits in their usefulness to investors and may be calculated differently from, and therefore may not  be directly comparable to, similarly titled measures used by other companies. Accordingly, investors should not place undue reliance on non-GAAP financial measures. Reconciliations of these  non-GAAP financial measures to the most directly comparable GAAP financial measures are presented in the tables at the end of this presentation. Industry and Market Data  This presentation includes certain information and statistics obtained from third-party sources. The Company has not independently verified the accuracy or completeness of any such third- party information. 
 
 
©2025 Castle Biosciences 4 Registered Trademarks DecisionDx-Melanoma, DecisionDx-CMSeq, i31-SLNB, i31-ROR, DecisionDx-SCC, MyPath Melanoma, DiffDx- Melanoma, TissueCypher, IDgenetix, DecisionDx-UM, DecisionDx-PRAME and DecisionDx-UMSeq are  trademarks of Castle Biosciences, Inc. 
 
 
©2025 Castle Biosciences 5 Proven strategy designed to drive value creation for  our stakeholders FOCUS on best/first-in-class   tests with high,  unmet clinical need  and significant  market opportunity BUILD robust clinical  evidence PENETRATE target markets to further  test adoption by  clinicians and payers 
 
 
©2025 Castle Biosciences 6 Key Q1 2025 and recent results 1 Received a 2025 Top Workplace USA award for an exceptional workplace  culture, our fourth year in a row to receive this national distinction Gross Margin for Q125 was 49%, and Adjusted Gross Margin was 81%,  compared to 78% and 81% respectively for the same periods in 2024 5 Net cash used in operations in Q125 was $6.0 million, compared to $6.8  million net cash used in operations in Q124 6 Q1 2025 total test reports for our core revenue drivers (DecisionDx®- Melanoma, DecisionDx®-SCC, TissueCypher®) increased 33% over Q1  2024; Q1 2025 revenue increased 21% over Q1 2024 to $88 million As of March 31, 2025, cash, cash equivalents and marketable investment  securities totaled $275.2 million 7 Net loss for Q125 was $25.8 million and Adjusted EBITDA for Q125 was  $13.0 million The Company announced its achievement of surpassing a significant  milestone of 200,000 DecisionDx-Melanoma test orders 2 3 Adjusted Gross Margin and Adjusted EBITDA are non-GAAP measures. See non-GAAP reconciliations at the end of this  presentation for a reconciliation of Adjusted Gross Margin and Adjusted EBITDA to their most closely comparable GAAP  measures. 4 1 
 
 
©2025 Castle Biosciences 7 Castle to acquire Previse About Previse • Gastrointestinal (GI) health company with a  commercial stage methylation-based  Barrett’s esophagus biomarker technology  (Esopredict®) discovered at Johns Hopkins  University in Dr. Steven Meltzer’s lab  • >20 years of research and $20M in NIH  funding led to development of technology  • Pipeline of diagnostics for upper GI diseases  and cancers Transaction Background • Castle signed definitive agreement to  acquire Previse • Transaction expected to close in the coming  weeks • Financial details of the transaction not  disclosed • Transaction in alignment with our growth  and capital allocation strategies  Potential to combine the power of methylation with spatialomics for greater impact  on patient care  
 
 
©2025 Castle Biosciences 8 Data from the DecisionDx-Melanoma prospective, multicenter  CONNECTION study was successful at predicting which  patients with T1 tumors have a low risk of SLN positivity  DecisionDx-Melanoma correctly identified a population of patients with low risk  of SLN positivity who could have avoided a sentinel lymph node biopsy If DecisionDx-Melanoma was used in these patients to direct SLNB decisions,  there could have been a 64% reduction in SLNB surgical procedures DecisionDx-Melanoma  Predicted <5% Risk Group DecisionDx-Melanoma  Predicted ≥5% Risk  Group T1 1.6% 5.7% SLN positivity rates among those with T1 tumors Marks, The i31-GEP identifies patients with T1 cutaneous melanoma who can safely avoid sentinel lymph node biopsy: Results from a prospective,  multicenter study. Video abstract presented at: 2024 American Society for Dermatologic Surgery (ASDS) Annual Meeting; SLN(B)=sentinel lymph  node (biopsy) BUILD 
 
 
©2025 Castle Biosciences 9 Patients with low-risk DecisionDx-Melanoma test results who  did not undergo SLNB have high recurrence-free survival (RFS)  (three-year recurrence free survival rate of 99.5%) 3-year RFS (95% CI) Recurrence, %  (n/N) 99.5% (98.7-100%) 0.5% (2/367) <5% risk of SLN positivity  by i31-GEP who did not  undergo SLNB RFS in patients with <5% risk (DecisionDx- Melanoma) who did not undergo SLNB BUILD S u rv iv al  P ro b ab ili ty Time (years) Marks, The i31-GEP identifies patients with T1 cutaneous melanoma who can safely avoid sentinel lymph node biopsy: Results from a prospective,  multicenter study. Video abstract presented at: 2024 American Society for Dermatologic Surgery (ASDS) Annual Meeting; SLN(B)=sentinel lymph  node (biopsy) 
 
 
©2025 Castle Biosciences 10 Evidence from prospective studies supporting  DecisionDx-Melanoma demonstrates:  DecisionDx- Melanoma low-risk,  Class 1A patients  who forego an  SLNB have high  recurrence-free  survival DecisionDx- Melanoma low-risk  test results are  associated with  very low SLNB  positive outcomes Physicians are using  DecisionDx-Melanoma  to inform clinical  decisions about  sentinel lymph node  biopsy (SLNB) and  performing fewer  SLNBs Guenther, JM, et al. Society of Surgical Oncology SSO 2024 Annual Meeting. Ann Surg Oncol 31 (Suppl 1), S32 (2024). Yamamoto et al. CMRO. 2023.  Guenther et al. World J. Surg. Oncol. 2025 1 2 3 BUILD 
 
 
©2025 Castle Biosciences 11 DecisionDx-SCC Has Consistently Demonstrated High  Value for Patients in Guiding SCC Treatment  Pathways DecisionDx-SCC  launched commercially 2020 2021 2022 2023 2024 Number of  peer-reviewed  publications 1 2 4 5 4 Somani et al. – Integrating DecisionDx-SCC to  guide ART decisions for SCC patients could result in  substantial Medicare healthcare savings of up to  ~$972 million annually. Moody et al. – Study demonstrated that ART  selection based upon clinicopathologic factors  and vague guideline recommendations is  inconsistent and integration of DecisionDx-SCC  improves identification of patients who are likely  or unlikely to benefit from ART.  2019 SCC=cutaneous squamous cell carcinoma, ART=adjuvant radiation therapy, NCCN=National Comprehensive Cancer  Network, BWH=Brigham and Women’s Hospital, AJCC8=American Joint Committee on Cancer 8th Edition Gopal et al. – Multi-disciplinary expert  consensus guidelines show integration of  DecisionDx-SCC testing and AJCC8 staging  within NCCN guidelines to improve precision  in ART recommendations based on which  patients are at the highest risk for metastasis  and most likely to benefit from treatment.  Wysong et al. – Study of 897 patients  analyzed the independent performance of  DecisionDx-SCC from risk factors and staging  systems and demonstrated significantly  improved predictive accuracy when test  results were integrated with NCCN  guidelines and AJCC8 and BWH staging to  guide risk-appropriate treatment pathway  decisions. Arron et al. – Largest study published to  evaluate use of ART in SCC. Propensity matched  study design demonstrated that DecisionDx- SCC predicted which high risk SCC patients  would likely benefit and which would not. Ruiz et al. – Second largest study published to  evaluate use of ART in SCC. As with the prior  Arron study, this study also demonstrated that  DecisionDx-SCC predicted which high risk SCC  patients would likely benefit and which would  not. 6 Study Demonstrating Risk Stratification  Value in High-Risk SCC Studies Demonstrating Predictive Value of ART  in High-Risk SCC Consensus guideline study Study Demonstrating Significant Direct Cost  Savings to Medicare BUILD 
 
 
©2025 Castle Biosciences 12 Drive robust test report volume and revenue growth $59.3  $68.8 $65.1 $63.8 $63.0  $13.6  $18.2 $20.7 $22.5 $25.0  Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025  Dermatologic Non-Dermatologic $87.0 $73.0 $85.8 $86.3 $88.0 NET REVENUE BY QUARTER ($M) Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 DecisionDx-UM MyPath Melanoma IDgenetix TissueCypher DecisionDx-SCC DecisionDx-Melanoma TOTAL TEST VOLUME BY QUARTER 1. Consists of DecisionDx-Melanoma, DecisionDx-SCC and our Diagnostic Gene Expression Profile offering (MyPath Melanoma and DiffDx-Melanoma) 2. Consists of TissueCypher Barrett’s Esophagus Test, DecisionDx-UM and IDgenetix 3. Q4 2024 DecisionDx-Melanoma volume reflects typical seasonality, with the fourth quarter historically having the fewest workdays compared to the other three quarters, and  specifically Q4 2024 had two less working days than Q3 2024; further, the overlap of Christmas and Hanukkah led to additional dermatology practice closures 4. In late 2024, we revised our commercial strategy for our IDgenetix test, reallocating resources to inside sales and non-personal promotions 5. Effective May 2025, IDgenetix will be discontinued 1 2 20,888 25,102 26,010 24,0713,4 5 24,402 
 
 
©2025 Castle Biosciences 13 Maintain strong Adjusted Gross Margin 80.5% 83.2% 81.9% 81.1% 81.2% Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 ADJUSTED GROSS MARGIN BY QUARTER1,2 $13.9 $14.5 $15.6 $16.2 $16.4  $13.8 $14.1 $12.3 $11.8 $12.6  $48.5 $51.1 $50.5 $50.0  $58.6  $2.2  Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Cost of Sales R&D SG&A Amortization of acquired intangible assets OPERATING EXPENSES BY QUARTER ($M)3 1. Adjusted Gross Margin is a non-GAAP measure. See Non-GAAP reconciliations at the end of this presentation for a reconciliation of Adjusted Gross Margin to its most closely  comparable GAAP measure. 2. Calculated as Adjusted Gross Margin (Non-GAAP) divided by Adjusted Revenues (Non-GAAP) 3. Total operating expenses, including cost of sales  4. During the first quarter of 2025, we made the decision to discontinue our IDgenetix test offering, effective May 2025. As a result of this decision, we further revised the estimated  useful life of the asset and determined that the intangible asset should be fully amortized as of March 31, 2025. This change resulted in an acceleration of amortization expense of  approximately $20.1 million during the three months ended March 31, 2025. $4.3$2.2$2.2 $28.34 
 
 
©2025 Castle Biosciences 14 Improving operating cash flow and Adjusted EBITDA $(6.8) $24.0 $23.3  $24.4  $(6.0) Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 OPERATING CASH FLOW BY QUARTER ($M) 1. As of March 31, 2025; includes Cash, Cash Equivalents & Marketable Investment Securities 2. Net cash used in operating activities in Q1 2025 and Q1 2024 includes payout of annual bonuses as well as certain healthcare benefit contributions 3. Adjusted EBITDA is a non-GAAP measure. See non-GAAP reconciliations at the end of this presentation for a reconciliation of Adjusted EBITDA to its most closely comparable GAAP  measure 4. Adjusted EBITDA excludes from net income (loss), interest income, interest expense, income tax expense (benefit), depreciation and amortization expense, stock-based compensation  expense and changes in fair value of trading securities $10.5  $21.5 $21.6 $21.3  $13.0  Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 ADJUSTED EBITDA BY QUARTER ($M)3,4 Cash position of ~$275M1 supports growth initiatives 
 
 
©2025 Castle Biosciences 15 Appendix 
 
 
©2025 Castle Biosciences 16 DecisionDx-Melanoma DERMATOLOGY Provides comprehensive, personalized, genomic tumor  information to guide management for patients with  cutaneous melanoma demonstrated  change in  management  for 1 of 2  patients tested3 ~200,000 patients with a  clinical  DecisionDx- Melanoma order  from ~15,000  clinicians4 50% Clinical Validity, Utility and  Demonstrated Patient  Outcomes Demonstrated clinical  validity, utility and impact,  backed by 53 peer-reviewed  publications, including two  publications (Bailey et al.  2023 and Dhillon et al. 2023)  demonstrating an  association with testing and  improved patient outcomes SLNB Guidance and  Patient Outcomes1,2 DecisionDx-Melanoma  successfully identified  patients with T1 tumors with  a low risk of SLN positivity  who can safely forego SLNB  while maintaining high  survival rates in a  prospective multicenter  study and can reduce SLNB- associated complications  and healthcare costs.  1. Marks, The i31-GEP identifies patients with T1 cutaneous melanoma who can safely avoid sentinel lymph node biopsy:   Results from a prospective, multicenter study. Video abstract presented at: 2024 American Society for Dermatologic Surgery  (ASDS) Annual Meeting; 2. Guenther JM, et al. Patients who forego sentinel lymph node biopsy after 31-GEP testing are not  harmed: A prospective, multicenter analysis. Poster presented at: 20th European Association of Dermato-Oncology (EADO)  Congress; 3. Dillon et al. 2022; 4. Data as of March 31, 2025 ; 5. U.S. TAM = Total addressable market based on estimated patient  population assuming average reimbursement rate among all payors.  SLN(B)=sentinel lymph node (biopsy) ~$540M Estimated U.S. TAM5 
 
 
©2025 Castle Biosciences 17 DecisionDx-SCC DERMATOLOGY Identifies the risk of metastasis in patients with  squamous cell carcinoma (SCC) and one or more risk  factors Clinical Validity and Utility Demonstrated validity,  utility and impact, backed  by 22 peer-reviewed  publications, including data  showing that DecisionDx- SCC can significantly  impact patient  management plans in a  risk-appropriate manner  within established  guidelines Real-World Use Framework  Several published studies in  2024 supported the use of  DecisionDx-SCC to predict  likelihood of benefit from  adjuvant radiation therapy  (ART); two of these studies  represent the largest1 and  second largest2 studies  completed to date to evaluate  the effectiveness of ART in  SCC Estimated  U.S. TAM4 ~200,000 ~52% ~$820M patients  diagnosed  annually with SCC  and classified as  high risk in the U.S. of clinicians  ordering  DecisionDx-SCC  also ordered  DecisionDx- Melanoma3 1. Arron et al. International Journal of Radiation Oncology, Biology & Physics 2024; 2. Ruiz et al.  Future Oncology 2024; 3. 3-months ended March 31, 2025; 4. U.S. TAM = Total addressable market  based on estimated patient population assuming average reimbursement rate among all payors;  5. Somani et al. 2024 net annual Medicare savings  that could be realized by using  DecisionDx-SCC to guide  adjuvant radiation therapy  decisions5 Up to ~$972M 
 
 
©2025 Castle Biosciences 18 MyPath Melanoma DERMATOLOGY Aids in the diagnosis and management for patients  with ambiguous melanocytic lesions Clinical Validity and Utility Demonstrated validity,  utility and impact, backed  by 20 peer-reviewed  publications demonstrating  the performance and utility  of the test in providing  objective information to aid  in diagnosis in ambiguous  melanocytic lesions Guideline Support • National Comprehensive  Cancer Network guidelines  for cutaneous melanoma  in the principles for  molecular testing • American Society of  Dermatopathology in the  Appropriate Use Criteria for  ancillary diagnostic testing • American Academy of  Dermatology guidelines of  care for the management  of primary cutaneous  melanoma Estimated U.S.  TAM2 ~300,000 patients each  year present  with a  diagnostically  ambiguous  lesion 50,000+ lesions tested  clinically1 ~$600M 1. as of March 31, 2025; 2. U.S. TAM = Total addressable market based on estimated patient population  assuming average reimbursement rate among all payors. 
 
 
©2025 Castle Biosciences 19 TissueCypher GASTROENTEROLOGY A leading risk-stratification test designed to predict  risk of progression to esophageal cancer in patients  with Barrett’s esophagus Clinical Validity and Utility Demonstrated validity,  utility and impact, backed  by 16 peer-reviewed  publications demonstrating  the ability and performance  of the test in risk-stratifying  patients with Barrett’s  esophagus to guide risk- appropriate treatment  decisions Recognition from AGA 2024 Clinical Practice Guideline  acknowledges that individuals  who may be at increased risk of  progression to esophageal  cancer might be identified  using tissue-based biomarkers,  particularly TissueCypher 2022 Recognized in the Clinical  Practice Update on New  Technology and Innovation for  Surveillance and Screening in  Barrett’s Esophagus as a tool  that may be used by physicians  to risk stratify non-dysplastic  patients ~415,000 patients  receiving upper  GI endoscopies  per year who  meet intended  use criteria for  TissueCypher 1 in 40 patients  progress to  esophageal  cancer within 5  years (among   BE patients)1 ~$1B 1. Shaheen et al. Gastroenterology 2000; 2. U.S. TAM = Total addressable market based on estimated  patient population assuming average reimbursement rate among all payors. Estimated U.S.  TAM2 
 
 
©2025 Castle Biosciences 20 DecisionDx-UM OPHTHALMOLOGY The standard of care for evaluating metastatic risk in  uveal melanoma Standard of Care • Utilized in approximately  80% of newly diagnosed  patients • Favorable reimbursement  profile – covered by  Medicare and more than  100 private insurers • Included in NCCN  Guidelines and considered  standard of care peer-reviewed publications ~8 in 10 ~2,000 27 patients  diagnosed  in the U.S.  annually patients  diagnosed with  UM in the U.S.  receive the test  as part of their  diagnostic  workup Clinical Validity and Utility Demonstrated validity,  utility and impact, backed  by 27 peer-reviewed  publications, which  included more than 5,000  patients, representing the  largest body of evidence for  a molecular prognostic test  in this field Data as of March 31, 2025 
 
 
©2025 Castle Biosciences 21 Atopic Dermatitis Gene Expression Profile Test PIPELINE Test currently in development for use in patients  diagnosed with moderate-to-severe atopic dermatitis  (AD) who are seeking systemic treatment • Pipeline test has shown  potential to identify the  class of therapy to which a  patient with AD is more  likely to respond as  indicated by an  improvement in Eczema  Area and Severity Index  (EASI) score • Data from our ongoing  validation study for our  pipeline test suggests we  may be able to improve  the standard-of-care  ‘trial-and-error’ treatment  approach by identifying  patients who are more  likely to achieve a greater  response to a specific  class of therapy based on  identification of the  immune pathway that is  driving their AD • Q423: early discovery data  presented • Q424: progress update  • Assuming successful  validation: expect launch by  the end of 2025 Past and Anticipated Program  Milestones Atopic Dermatitis  Pipeline Program 
 
 
©2025 Castle Biosciences 22 Reconciliation of Non-GAAP Financial Measures (Unaudited) The table below presents the reconciliation of Adjusted Revenues and Adjusted Gross Margin, which are non-GAAP financial measures. See "Use of Non- GAAP Financial Measures (UNAUDITED)" above for further information regarding the Company's use of non-GAAP financial measures. (In thousands) Three months ended  Mar. 31,  2025 Dec. 31,  2024 Sep. 30,  2024 Jun. 30,  2024 Mar. 31,  2024 Adjusted Revenues Net revenues (GAAP) $87,988 $86,311 $85,782 $87,002 $72,974 Revenue associated with test reports delivered in prior periods (787) (491) 552 (363) (1,656) Adjusted Revenues (Non-GAAP) $87,201 $85,820 $86,334 $86,639 $71,318 Adjusted Gross Margin Gross margin (GAAP)1 $43,280 $65,788 $67,901 $70,236 $56,833 Amortization of acquired intangible assets 28,325 4,340 2,272 2,247 2,247 Revenue associated with test reports delivered in prior periods (787) (491) 552 (363) (1,656) Adjusted Gross Margin (Non-GAAP) $70,818 $69,637 $70,725 $72,120 $57,424 Gross margin percentage (GAAP) 2 49.2% 76.2% 79.2% 80.7% 77.9% Adjusted Gross Margin percentage (Non-GAAP) 3 81.2% 81.1% 81.9% 83.2% 80.5% 
 
 
©2025 Castle Biosciences 23 Reconciliation of Non-GAAP Financial Measures (Unaudited) The table below presents the reconciliation of Adjusted EBITDA, which is a non-GAAP financial measure. See "Use of Non-GAAP  Financial Measures (UNAUDITED)" above for further information regarding the Company's use of non-GAAP financial measures. (In thousands) Three months ended  Mar. 31,  2025 Dec. 31,  2024 Sep. 30,  2024 Jun. 30,  2024 Mar. 31,  2024 Adjusted EBITDA Net income (loss) $(25,848) $9,590 $2,269 $8,920 $(2,534) Interest income (3,099) (3,372) (3,404) (3,144) (2,996) Interest expense 17 92 201 270 14 Income tax (benefit) expense (423) (1,705) 6,013 (1,034) 45 Depreciation and amortization expense 29,764 5,768 3,541 3,348 3,340 Stock-based compensation expense 11,179 11,439 13,027 13,179 12,675 Changes in fair value of trading securities 1,425 (555) — — — Adjusted EBITDA (Non-GAAP) $13,015 $21,257 $21,647 $21,539 $10,544 
 
 
©2025 Castle Biosciences 24 Thank You