BLOCK Investment & Profitability Ecosystem Overview

BLOCK SQUARE ECOSYSTEM 19 → SQUARE Multi year transformation Gross profit mix by ecosystem adoption (# of monetized products that a seller uses) 100% 40% 75% 50% of gross profit from sellers that use 4 or more monetized products 25% 4+ Products 3 Products 2 Products 1 Product 0% 2015 2016 2017 2018 2019 2020 2021 Includes only monetized products and excludes hardware devices. Bundle products treated as one product even if they include other monetized products (e.g., paid tier of Square for Retail includes Team Management). 2015 and 2016 excludes contribution from Starbucks.

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