BLOCK Investment & Profitability Ecosystem Overview

BLOCK MARKET OPPORTUNITY -> CASH APP Cash App represents a ~$70B gross profit opportunity in the U.S. $28B Community (P2P) Business accounts Instant Deposit $40 B + Financial Services Cash App Card + $3 B Bitcoin (Consumer Trading) Buying and selling bitcoin $ 70 B Opportunity Sources: Cash App internal company data, Zelle and Venmo public released information, U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 2019, The Nilson Report #1210, CoinGecko, Bitcoin Trade Volume, Bitnodes. For further information on how we calculate "Community (P2P)," "Financial Services," and "Bitcoin (Consumer Trading)" opportunity, please see Appendix. 11

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