Blend Results Presentation Deck

Q2 21 GAAP Financial Results $ in thousands Revenue Cost of revenue Gross profit Operating expenses: Research and development Sales and marketing General and administrative Total operating expenses Loss from operations Other income (expense), net Loss before income taxes Income tax benefit (expense) Net income (loss) Less: Undistributed earnings attributable to participating securities Net income (loss) attributable to common stockholders Net income (loss) per share: Basic and Diluted Q ended June 30, 2021 $32,062 12,360 19,702 20,884 18,271 20,181 59,336 (39,634) 112 (39,522) 45,288 5,766 (5,766) $0.00 Q ended June 30, 2020 $21,920 8,665 13,255 14,675 11,557 7,830 34,062 (20,807) 239 (20,568) (6) (20,574) $(20,574) $(0.53) YTD June 30, 2021 $63,937 23,220 40,717 37,958 34,136 35,464 107,558 (66,841) 262 (66,579) 45,278 (21,301) $(21,301) $(0.44) YTD June 30, 2020 $37,523 16,023 21,500 26,496 24,987 13,908 65,391 (43,891) 479 (43,412) (13) (43,425) $(43,425) $(1.14) blend

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