Blend Investor Day Presentation Deck

Significant upside in current market origination environment Market Share 30% 25% 20% Blend today³ $85 +50% Revenue Targeted Range of Outcomes $100 Economic Value Per Funded Loan² Assumes ~4.5 Million U.S. mortgage originations consistent with 2023 levels¹ +130% Revenue +50% Revenue $130 ¹An illustrative 4.5 million U.S. mortgage originations, intended to approximate a flat market relative to Mortgage Bankers Association 2023 origination forecast published September 18, 2023. ² Please refer to note 4 in the appendix of this presentation. 3As of Q2 2023. 111

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