AvePoint, Inc.

ITEM 1. BUSINESS Company Overview AvePoint is a global provider of modern data protection, enabling organizations to secure, govern, and operationalize data at scale across major cloud ecosystems. Customers rely on the AvePoint Confidence Platform to reduce risk, improve operational efficiency, and accelerate digital transformation as they adopt cloud collaboration and artificial intelligence (" AI ")-driven advanced tools and workflows. As organizations embed AI into core business processes, data becomes both a strategic asset and a growing source of risk. AI can amplify the impact of poor data hygiene, including sensitive data exposure, compliance failures, and operational disruption. Enterprises increasingly require a modern data foundation where data is discoverable, classified, governed, protected, and recoverable by design. 4 Table of Contents PART I Item 1 The Enterprise Challenges We Address Our solutions are designed to address four pervasive and interconnected enterprise data challenges: Legacy and fragmented data that limits visibility, governance, and AI readiness; Overexposed data that increases security, privacy, and regulatory risk; Digital sprawl that drives operational complexity and rising total cost of ownership; and Data loss and interruption, which threaten business continuity and organizational resilience. By addressing these challenges through an integrated platform, we enable organizations to reduce risk, lower complexity, and accelerate time-to-value from their data.