Blend Investor Day Presentation Deck

Reconciliation of GAAP to Non-GAAP Operating Expenses by Category (2022) (in $ thousands) GAAP operating expenses Non-GAAP Adjustments: Stock-based compensation and amortization of warrant Litigation contingencies Transaction-related costs Non-GAAP operating expenses R&D 138,094 47,279 90,814 2022 S&M 85,248 11,750 73,498 G&A 139,120 48,628 700 3,139 86,654

View entire presentation