Affirm Results Presentation Deck

Income Statement Reconciliations December 31, 2020 September 30, 2021 Income Statement Reconciliations ($K) Total Revenue Operating Expenses Loss on loan purchase commitment Provision for credit losses Funding costs Processing and servicing Total Transaction Costs Technology and data analytics Sales and marketing General and administrative Total Operating Expenses Operating Income (Loss) Reconciliation from Revenue to Revenue Less Total Revenue Less: Loss on loan purchase commitment Less: Provision for credit losses Less: Funding costs Less: Processing and servicing Revenue Less Transaction Costs Plus: Provision for credit losses Revenue Less Transaction Costs ex-Provision Reconciliation from from Operating Income (Loss) to Operating Income (Loss) Plus: Depreciation and amortization Plus: Stock-based compensation expense Plus: Enterprise warrant and share-based expense Plus: Other costs* Adjusted Operating Income (Loss) $ $ $ $ $ $ $ $ $ March 31, 2021 204,041 $ 67,768 12,521 12,060 16,802 109,151 $ 41,634 39,112 40,916 230,813 $ (26,772) $ $ 204,041 $ 67,768 12,521 12,060 16,802 94,890 $ 12,521 107,411 $ (26,772) $ 3,351 6,521 17,039 2,971 3,110 $ 230,665 $ 62,054 (1,063) 14,665 21,368 97,024 104,806 58,184 179,999 440,013 $ (209,348) $ $ June 30, 2021 $ 230,665 $ 62,054 (1,063) 14,665 21,368 133,641 $ (1,063) 132,578 $ (209,348) $ 5,021 179,639 16,668 12,953 4,933 $ 261,780 $ $ 51,010 25,489 15,623 21,910 114,032 69,128 62,312 130,561 376,033 $ (114,253) $ $ 261,780 $ 51,010 25,489 15,623 21,910 147,748 $ 25,489 173,237 $ (114,253) $ 7,887 100,144 16.853 3,582 14,213 $ 269,385 $ 51,678 $ 63,647 16,753 25,201 157,279 78,013 63,960 136,204 435,456 $ (166,071) $ $ 269,385 $ 51,678 63,647 16,753 25,201 112,106 $ 63,647 175,753 $ (166,071) $ 10,541 93,189 17,039 209 (45,093) $ December 31, 2021 361,011 - 361,011 65,265 52,640 17,700 March 31, 2022 $ 65,265 52,640 17,700 41,849 177,454 $ 94,989 143,476 141,292 557,211 $ (196,200) $ $ $ 41,849 183,557 $ 52,640 236,197 $ Fiscal Quarter September 30, 2022 (196,200) $ 11,964 88,537 87,673 94 (7,932) $ June 30, 2022 354,762 $ 46,853 $ 66,294 15,824 43,371 172,342 110,291 156,214 142,466 581,313 $ (226,551) $ $ 354,762 $ 46,853 66,294 15,824 248,714 43,371 182,420 $ 66,294 $ (226,551) $ 13,102 98,387 119,039 25 4,002 $ Notes: 1. FY Q1'21 and FY Q2'21 amounts include adjustments to amounts previously reported due to effects of adoption of accounting standards effective July 1, 2020 2. FY Q3'21 amounts include adjustments to amounts previously reported due to an adjustment to stock-based compensation expense affirm) 3. Other costs consists of expenses incurred in the period associated with the Company's initial public offering, its acquisitions, sublease impairment charges, restructuring and severance costs 4. Metrics are unaudited 364,134 $ 40,285 $ 72,691 19,417 47,393 179,786 135,350 168,693 157,531 641,360 $ (277,226) $ $ 364,134 $ 40,285 72,691 19,417 47,393 184,348 $ 72,691 257,039 $ (277,226) $ 17,115 110,870 119,517 415 (29,309) $ 361,624 $ 35,610 64,250 25,066 54,359 179,285 144,961 163,873 160,972 649,091 $ (287,467) $ $ $ 361,624 $ 35,610 64,250 25,066 54,359 182,339 $ 64,250 246,589 $ (287,467) $ 20,882 119,808 128,205 5 (18,567) $ December 31, 2022 399,558 38,422 106,689 43,751 66,508 255,370 156,747 188,334 158,639 759,090 (359,532) 399,558 38,422 106,689 43,751 66,508 144,188 106,689 250,877 (359,532) 23,004 121,775 147,516 5,203 (62,034) 40

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