Blend Investor Day Presentation Deck

Blend is targeting the top end of lenders, with growth opportunity in all segments Lender Segment Strategic 50k+ loans per year Large 25k+ loans per year Medium 10k+ loans per year Mid Market 1k+ loans per year Commercial <1k+ loans per year Blend Penetration by Segment (minimum 1 Blend Product) Credit Unions N/A 50% 50% 26% 5% Customer and prospect segmentation based on full-year 2022 annual loan data. Banks 50% 83% 33% 21% 2% Independent Mortgage Banks 60% 25% 27% 21% 1% 92

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