Blend Results Presentation Deck

Strong Revenue Performance in Blend Platform Segment Blend Mortgage Consumer Banking and Marketplace 10M 5M 0 $4.6M Q1 2021 Consumer Banking and Marketplace revenue up 55% year-over-year, driven by increases in revenue from Blend Close, personal loans, and homeowners' insurance. $5.6M Q2 2021 See Note 5 included in Appendix $6.6M Q3 2021 55% YoY increase $6.3M $7.2M Q4 2021 Q1 2022 $30M $25M $20M $15M $10M $5M 0 -7% YoY decrease $26.4M Mortgage Banking revenue down 7% year-over-year, reflecting an estimated first quarter 2022 industry-wide decline of approximately 44% in mortgage loan origination volumes Q1 2021 $25.4M Q2 2021 $27.3M Q3 2021 $29.1M Q4 2021 $24.5M Q1 2022 7

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