BLOCK Investment & Profitability Ecosystem Overview

BLOCK SQUARE ECOSYSTEM SQUARE Upmarket progress Gross profit from larger sellers 19* gross profit growth from >$500K sellers since 2015 $1.3B 2015 2016 2017 2018 2019 2020 2021 Note: Seller size defined as annualized GPV based on the last quarter of the period. Gross profit excludes hardware and Starbucks data from 2015-2016. >$500K Annualized GPV $125K $500K Annualized GPV 26

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