Blend Investor Day Presentation Deck

Reconciliation of GAAP to Non-GAAP Net Operating Loss and Operating Margin (in $ thousands) GAAP loss from operations Non-GAAP Adjustments: Stock-based compensation and amortization of warrant Amortization of acquired intangible assets Impairment of intangible assets and goodwill Restructuring Litigation contingencies Transaction-related costs Non-GAAP loss from operations Non-GAAP operating margin 2022 (746,177) 109,726 8,411 449,680 15,275 700 3,139 (159,246) (68%)

View entire presentation