Blend Investor Day Presentation Deck

While improving our overall cash flow profile Blend PayGo Model 12 months Billed 30 days in arrears monthly payment terms Cash flow tracks volume Highest annual Total Contract Value Transactions Blend Builder Subscription Model |||| Platform Fee 12 months Cash receipts Pre-purchased consumption with set contract terms Billed in advance Annual platform access fee Balanced Total Contract Value Year 2 volume pre-purchase assuming current contract volume is exhausted 117

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