Blend Results Presentation Deck

Blend's Continued Progress in a Challenging Market Consumer Banking Suite* Revenue $6.0M $4.0M $2.0M $0.0 34% YoY increase $3.9M Q1 2022 $5.2M Q1 2023 *See Note 3 included in Appendix Mortgage Suite* Revenue $30.0M $20.0M $10.0M $0.0 Down 33% YoY despite an estimated 58% decline in industry-wide mortgage loan origination volumes $26.8M Q1 2022 $17.8M Q1 2023 * See Note 4 included in Appendix blend

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