BLOCK Investment & Profitability Ecosystem Overview

BLOCK SQUARE ECOSYSTEM SQUARE Growing omnichannel Gross profit from omnichannel sellers 6* gross profit growth from omnichannel sellers since 2015 $1.1B $0.2B $0.9B 24 24 Online-Only Sellers Omnichannel Sellers 2015 2016 2017 2018 2019 2020 2021 12% 14% 23% 30% 36% 47% 49% % of total Square Gross Profit Note: Omnichannel seller defined as a seller who has taken both an in-person payment and an online channel payment in a given quarter. Annual values are presented as the sum of four quarters within each year. All Gross Profit data excludes hardware. 2015 and 2016 excludes Starbucks gross profit.

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