BLOCK Investment & Profitability Ecosystem Overview

BLOCK SQUARE SQUARE ECOSYSTEM Global expansion Gross profit from international markets 60% international annual growth rate since 2015 $220M Rest of World¹ UK + Europe Canada Australia 25 2015 2016 2017 2018 2019 2020 2021 3% 3% 4% 4% 6% 8% 9% International % of total Square Gross Profit Note: Square gross profit does not include hardware gross profit losses. We view hardware as an acquisition tool and not a profit center for our business. 1 Rest of World includes gross profit from legacy Weebly solutions added in the 2018 acquisition.

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