Blend Results Presentation Deck

Q1 2023 Guidance Blend guidance reflects the following: Uncertainty around the pace of future rate increases and the higher interest rate environment. U.S. mortgage market origination volumes declining approximately 58% from their Q1 2022 level, as projected by the Mortgage Bankers Association. Net Operating Loss includes a $72 million decrease in annualized run rate operating expenses from Q1 2022. Blend Platform Revenue Title365 Revenue Blend Labs Consolidated Revenue Blend Labs Consolidated Non-GAAP Net Operating Loss Between $24.5M and $25.5M Between $8.5M and $9.5M Between $33M and $35M Between ($37M) and ($39M) 7

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