Creating Economic Impact

Expressed in US$000s 2018 2019 2020 Q2'20 Q2'21 GAAP Research and development 230,674 355,015 552,127 133,227 183,557 less: Research and development SBC and SBC-related payroll taxes 59,575 104,645 188,249 49,825 55,988 less: Amortization of Acquired Intangibles 232 233 58 58 Non-GAAP Research and development % of Revenue 171,099 250,138 363,645 83,344 127,511 16% 16% 12% 12% 11% GAAP General and administrative 99,196 153,765 245,343 83,307 77,966 less: General and administrative SBC and SBC-related payroll taxes 17,690 29,861 52,195 12,682 23,759 less: Impairment of right-of-use assets and leasehold improvements 31,623 31,623 Non-GAAP General and administrative % of Revenue GAAP Transaction and loan losses % of Revenue 81,506 123,904 161,525 39,002 54,207 8% 8% 6% 5% 5% 8,248 25,169 51,849 13,366 17,986 1% 2% 2% 2% 2% GAAP Operating Expenses 688,187 1,006,790 1,451,367 374,750 481,419 less: Operating SBC and SBC-related payroll taxes 101,321 172,673 286,834 74,938 90,737 less: Amortization of Acquired Intangibles 515 1,781 446 444 less: Impairment of right-of-use assets and leasehold improvements 31,623 31,623 Non-GAAP Operating Expenses 586,866 833,602 1,131,129 267,743 390,238 % of Revenue 55% 53% 39% 37% 35% 33

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