Raising 2022 Full Year Outlook

Best of Both Worlds Positioned well against both the fintech and bank competitive sets LendingClub' Fintechs Banks Ability to efficiently serve a broad range of customers ✓ Industry leading marketing efficiency; 4M+ customers X Capital-light, high-ROE marketplace earnings stream ✓ $190M Non-Interest Income ✓ X Economics Highly profitable earnings via loan portfolio ✓ $100M Net Interest Income X ✓ Lower-cost deposit funding ✓ 0.42% average cost of funds X Fully integrated originations and deposit model ☑✓ $3.2B originations; $4B deposits X National digital-first consumer footprint ✓ Multi-award-winning digital experience ✓ X Scale Vast data advantage from serving millions of personal loan customers ✓ 150B+ cells of data; 2K+ attributes & Scalability Unencumbered by high-cost branch network and legacy systems ✓ Tech-first highly automated marketplace platform ✓ ✗ Strong growth trajectory ✓ 174% net revenue growth rate YoY ✓ X Recurring revenue stream ✓ 41% recurring revenue (NII + Servicing Fees) X ✓ Resiliency Stability of funding ✓ Low-cost deposits and diverse investor funding Clear and consistent regulatory framework ✓ Strong control & compliance infrastructure ✗ LendingClub 1) Data as of March 31, 2022 8

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