Opendoor Investor Presentation Deck

Since 2019, we have significantly expanded our reach through increases to markets, buybox, and partnerships Markets In-market buybox coverage Serviceable addressable market SAM share needed to achieve $10B of revenue % acquisitions from partnership channels 2019 21 ~40% $160B 6.3% 20% Current 50+ ~60% $600B+ Note: Expected ANI breakeven at $10B of revenue assuming certain Contribution Profit, adjusted operating expense, and net interest expense margins 1.7% 40%+ Path to positive ANI | Annualized Revenue Contribution Margin Adj. Operating 4-5% | Expenses Net Interest Expense $10B Adj. Net Income breakeven 5-7% 2-3% 28

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