Affirm Results Presentation Deck

Transaction Costs $63 7.3% FY Q1 2020 Notes: 1. 2. affirm) 3. 4. $93 6.9% Transaction Costs COVID Stress Applied to Allowance¹ $148 12.0% COVID Stress Released from Allowance¹ $46 3.8% $130 FY Q4 2020 8.8% $114 5.5% $38 4.4% FY Q1 2021 FY Q2 2021 Transaction Costs ex-Provision $62 FY Q1 2020 4.7% $65 5.3% FY Q2 2020 FY Q3 2020 Transaction Costs ex-Provision ($M) $78 6.5% FY Q2 2020 FY Q3 2020 Transaction Costs ($M) Transaction Costs % of GMV In March 2020, we updated loss assumptions in our allowance for credit losses to reflect expected stressed emerging from forecasted delinquencies and defaults. This resulted in an increase of the allowance for credit losses as a percent of loans held for investment from 8.9% as of February 29, 2020, to 14.8% as of March 31, 2020. In the months subsequent to this, we have seen stronger than expected repayment history in the portfolio resulting in a release of the allowance. These applications or releases of stress on the allowance impact the income statement via the provision for credit losses operating expense line. Transaction Costs include Loss on loan purchase commitment, Provision for credit losses, Funding costs and Processing and servicing Transaction Costs ex-Provision include Loss on loan purchase commitment, Funding costs and Processing and servicing Metrics are unaudited $90 6.1% $97 4.7% FY Q4 2020 FY Q1 2021 FY Q2 2021 Transaction Costs ex-Provision % of GMV 11

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