Blend Investor Day Presentation Deck

Reconciliation of Net Cash Used in Operating Activities to Free Cash Flow, Unlevered Free Cash Flow, and Free Cash Flow Margin (in $thousands) Net cash used in operating activities Additions to property, equipment, internal-use software and intangible assets Free cash flow Cash paid for interest Unlevered free cash flow Revenue Free cash flow margin 2022 (190,418) (2,068) (192,486) 25,056 (167,430) 235,201 (82%) 134

View entire presentation