Investor Presentation February 2022

CO 6 Y/Y Growth -10% -20% 30% 20% 10% 0% 1971 Housing is a Growth Industry Existing Home Transaction Value¹ Historical Growth Existing Home Transaction Value (Bn) -3Y Rolling Average $2,500 9% Avg. Annual Growth $2,000 $1,500 $1,000 $500 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 $0 Existing Home Transaction Value (Bn) $18,000 $16,000 $14,000 Average Industry Commission² $12,000 4% Avg. Annual Growth $10,000 $8,000 $6,000 $4,000 $2,000 $0 1991 1992 1993 1994 1995 1996 1997 1998 1. Existing Home Transaction Value: is calculated as median sales price of existing residential homes sold multiplied by number of existing homes sold annualized and seasonally adjusted as reported by the National Association of REALTORS®. 2. Average Industry Commission: is calculated as median sales price of existing residential homes sold reported by the National Association of REALTORS® multiplied by historical gross commission rates as reported by Real Trends. 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 ZILLOW GROUP

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