BLOCK Investment & Profitability Ecosystem Overview

BLOCK SQUARE ECOSYSTEM SQUARE Positive dollar-based retention has led to recurring revenue streams Gross Profit by Cohort Positive gross profit retention for each annual cohort from 2012 to 2021 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2021 Cohort 2020 Cohort 2019 Cohort 2018 Cohort 2017 Cohort 2016 Cohort 2015 Cohort 2014 Cohort 2013 Cohort Pre-2012 Cohort For definition of Square "gross profit retention" please see Appendix. Each of our quarterly and annual cohorts had exhibited positive overall retention on aggregate from their date of onboarding through December 31, 2021. 22

View entire presentation