Affirm Investor Event Presentation Deck slide image

Affirm Investor Event Presentation Deck

Gross merchandise volume in $ million by product type $2,257 3FQ'21 $2,484 4FQ'21 AFFIRMI 2023 $2,713 $4,458 1FQ'22 Pay in 4 18% Growth $3,916 $4,396 $4,389 2FQ'22 3FQ'22 0% APR monthly $5,658 24% Ex-Peloton Growth $4,639 3FQ'23 Product mix drivers Changes in merchant mix ● Ability to add new products at existing merchants Increasing adoption of Adaptive Checkout vs. Pay in 4 only ● Structural GMV drivers ● U.S. e-commerce spend ● Increasing BNPL penetration ● Expanding share of cart ● Capturing daily and in-store spend International expansion 4FQ'22 1FQ'23 2FQ'23 Interest bearing Note: GMV defined as the total dollar amount of all transactions on the Affirm platform during the period, net of refunds. Beginning in Fiscal Q1 2023, Affirm modified the definition of its low Average Order Value product from Split Pay to Pay in 4. Pay in 4 includes volume from loan transactions with 0% APR and 6-8 week term lengths but now excludes volume from monthly installment loans with 0% APR and 3 month term lengths. Metrics are unaudited. Temporary GMV drivers ● Seasonality: 2FQ benefits from holiday shopping ● Shifts in consumer spend between staples vs. discretionary purchases affirm 7
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