Blend Results Presentation Deck

Strong Revenue Performance in Blend Platform Segment Consumer Banking & Marketplace 10M 5M 0 $5.6M Q2 2021 See Note 4 included in Appendix $6.6M Q3 2021 Consumer Banking and Marketplace revenue up 53% year-over-year, driven by increases in revenue from Blend Close, personal loans, income verification, and homeowners' insurance. $6.3M Q4 2021 53% YoY increase $8.5M $7.2M Q1 2022 Q2 2022 $30M $25M $20M $15M $10M $5M 0 Blend Mortgage 6% YoY decrease $25.4M Q2 2021 $27.3M Q3 2021 Mortgage Banking revenue down 6% year-over-year, reflecting an estimated second quarter 2022 industry-wide decline of approximately 37 % in mortgage loan origination volumes $29.1M Q4 2021 $24.5M Q1 2022 $23.9M Q2 2022 6

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