Affirm Results Presentation Deck

GAAP to Non-GAAP Expense Reconciliations, H1'21 Three Months Ended December 31, 2020 Stock-Based ($ in 000s) Loss on loan purchase commitment Provision for credit losses Funding costs Processing and servicing Total Transaction Costs Technology and data analytics Sales and marketing General and administrative Other Operating Expenses Total Operating Expenses ($ in 000s) Loss on loan purchase commitment Provision for credit losses Funding costs Processing and servicing Total Transaction Costs Technology and data analytics Sales and marketing General and administrative Other Operating Expenses Total Operating Expenses affirm $ $ $ $ $ $ $ $ $ $ GAAP GAAP 67,768 $ 12,521 12,060 16,802 109,151 41,634 39,112 40,916 121,662 230,813 $ $ 207,272 $ $ 65,868 $ 28,931 10,352 13,498 118,649 $ 33,768 $ 22,582 32,273 88,623 $ $ D&A D&A O O O 85 85 OOONE 77 Compensation Expense 2,723 439 104 3,266 3,351 $ $ $ 3,720 $ $ $ 77 $ $ 3,124 406 113 3,643 $ Compensation Expense 0 O 0 287 287 $ Enterprise Warrant & Share Based Expenses $ 2,556 581 3,097 6,234 $ 6,521 $ $ $ 0 0 0 26 26 Three Months Ended September 30, 2020 Stock-Based 0 $ 2,213 $ 760 3,204 6,177 $ 6,203 $ 0 0 O 17,039 0 17,039 17,039 Enterprise Warrant & Share Based Expenses $ 000 lo $ $ $ $ $ $ $ 0 $ 14,261 0 14,261 14,261 $ $ Other Costs Other Costs 0 0 0 0 942 2,029 2,971 olo o o o 0 O $ $ 2,971 $ 1,191 $ $ $ $ $ 1,191 1,191 $ $ Non-GAAP 67,768 12,521 12,060 16,430 108,779 Non-GAAP 36,355 20,111 200,931 Notes: 1. FY Q1'21 and FY Q2'21 amounts include adjustments to amounts previously reported due to effects of adoption of accounting standards effective July 1, 2020; FY Q3'21 amounts include adjustments to amounts previously reported due to an adjustment to stock-based compensation expense 2. Other costs consists of one-time expenses incurred in the period associated with the Company's initial public offering, its acquisitions, and sublease impairment charges 3. Metrics are unaudited 35,686 92,152 65,868 28,931 10,352 13,395 118,546 28,431 7,155 27,765 63,351 181,897 45

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