Dave Investor Presentation Deck

Solid engagement Y-o-Y growth in MTMs driven by engagement- focused marketing, rollout/optimization of ExtraCash $500, underwriting improvements which bolster retention, and broader roll-out of Dave Card offering. On a sequential basis, MTMs were driven by a meaningful increase in higher-ARPU ExtraCash and Dave Card MTMs, offset by decline in subscribers due to migration off of legacy subscription billing system and onto our newly-built platform which better positions us to launch new subscription offering(s) over the coming quarters. As highlighted below, 2Q23 non-GAAP revenue increased 3% Q-0-Q as the 5% increase in ARPU more than offset the decline in MTMs. Growth in MTMs will be driven by marketing spend, further enhancements to ExtraCash value proposition and underwriting, and deeper cross-attach on Dave Card, which has more favorable retention characteristics. Dave Total Monthly Transacting Members (MMS) 1.5 2Q22 26% Year-Over-Year Growth 1.8 3Q22 Note: See Glossary for the definition of Monthly Transacting Members 1.9 4Q22 2.0 1Q23 1.9 2Q23 18

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