Offerpad Customer Satisfaction and Business Performance

KPI results show improvement after abrupt market shift in 2022 Revenue ($M) Gross Profit ($M) & Margin $1,080 $822 $677 $610 Q2'22 Q3'22 Q4'22 $230 8.6% $93 Q2'22 Q1'23 Q2'23 Homes Acquired & Homes Sold Acquired Sold 3,792 2,888 2,280 1,865 1,609 1,847 840 539 364 Q2'22 Offerpad. Q3'22 Q4'22 Q1'23 650 Q2'23 $2 0.3% Q3'22 1.2% $22 $7 -$45 -6.6% Q4'22 Q1'23 Net Income (Loss), Adj. Net Income (Loss) & Adj. EBITDA ($M) NET INCOME ADJ. NET INCOME (LOSS) (LOSS) ADJ. EBITDA $13.7 $11.6 ($1.0) 9.7% Q2'23 ($17.3) ($44.8) ($22.3) ($22.8) ($64.3) ($59.1) ($80.0) ($103.7) ($59.4) ($82.0) ($121.1)$124.5) Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 See Slides 29-30 for a reconciliation to the most directly comparable GAAP measure and additional information. 22 22

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