Blend Results Presentation Deck

Blend's Continued Progress in a Challenging Market Consumer Banking & Marketplace Consumer Banking and Marketplace revenue driven by increases in revenue from software-enabled title migration ($4.2M), followed by home equity, personal loans, and income verification. $15M $10M $5M 0 $6.3M 109% YoY increase $7.2M $8.5M Q4 2021 Q1 2022 Q2 2022 See Note 4 included in Appendix $15.3M Q3 2022 $13.2M Q4 2022 Blend Mortgage $30M $25M $20M $15M $10M $5M 0 $29.1M Q4 2021 Mortgage Banking revenue down 48% year-over-year, amidst a 68% decline in mortgage loan origination volumes, compared to the same period last year. 48% YoY decrease $24.5M $23.9M Q1 2022 Q2 2022 $19.9M $15.1M Q3 2022 Q4 2022 blend 6

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