Affirm Investor Day Presentation Deck

Enterprise warrant expense and dilution $ million unless otherwise indicated $65 $65 FY'21A $342 $83 $171 $26 $62 FY'22A Enterprise Partner 1 AFFIRM | 2023 $499 $155 $267 $41 $36 FY'23A TBD $267 $41 $36 FY'24P ■ Enterprise Partner 2 - A tranche TBD $96 $24 $36 FY'25P TBD $36 FY'26P TBD FY'27P Enterprise Partner 2 - B&C tranches TBD FY'28P TBD FY'29P Enterprise Partner 2 - Performance tranche Enterprise Partner performance warrants will be earned only in the event that certain performance provisions and new user acquisition performance thresholds are met. This presentation does not provide a projection of the probability and / or timing of the Enterprise Partner meeting these thresholds. We expect total enterprise warrant and commercial agreement expense to decline substantially over time Excluding remaining unearned and unvested warrants at $100 strike price, we expect < 1% annual dilution from the remaining enterprise warrants Merchant Agreement Enterprise Partner 1 Enterprise Partner 2 - A tranche Enterprise Partner 2 - B&C tranches Enterprise Partner 2 - Performance tranche Agreement Date July 2020 November 2021 November 2021 November 2021 Warrants Issued 20.3M (at Signing) 1.0M (at Signing) 6.0M (3 Year Vest) Max of 15.0M (Performance Based by FY'29) Strike Price $0.01 $0.01 $0.01 $100 Unvested as of 9/30/23 Fully Vested Fully Vested 2.2M 11M Before 2029 Agreement End affirm 85

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