BLOCK Investment & Profitability Ecosystem Overview

BLOCK INVESTMENTS & PROFITABILITY Strong and healthy balance sheet provides optionality around funding Product Performance attributes Duration Loss rates Square Loans <12 month term <4% loss rate Afterpay BNPL Receivables Newer Experimental Products (Cash App Borrow) 4-6 week duration, 15x turnover ~1% loss rate Near-term funding Longer-term intent Sell majority of loans to third-party investors Sell majority of loans to third-party investors Fund with mix of cash and warehouse facilities Explore optionality around other structures Fund with available cash Explore optionality around other structures For definitions of "loss rate", "duration", "turnover" please see Appendix. Data as of March 31, 2022. 56

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