Investor Presentation February 2022

Zillow 'Housing Super App' Expands Adjacent Services and Creates New Seller Services Zillow captures only a small portion (~$4,100¹) of transaction spend today, largely linked to buyer referrals PRE-APPROVAL RENT IMMERSIVE SHOPPING IN-PERSON TOURING wwwZillow Super App Landlord Chestnut Agent Loan Officer BUY $$$ FINANCE SELL Revenue per customer transaction opportunities $3,000 Buyer Referrals² $9,000 Mortgages³ $3,000 Seller Services² $2,000 Closing Services4 CURRENT HOME PERSONALIZED SEARCH & FIND Closer PAYMENTS 9 1. Please see the appendix slides for important information about this operating metric. 2. Calculated as median home price of existing residential homes sold of $366,400 reported by the National Association of REALTORS® multiplied by Zillow Group's estimated referral fee. 3. Calculated as total mortgage origination revenue generated by Zillow Home Loans in 2021 divided by the number of loans originated by Zillow Home Loans in 2021 per internal Zillow Group data. 4. Calculated as total Zillow Closing Services revenue in 2021 divided by the total number of title transactions in 2021 per internal Zillow Group data. NEW HOME ZILLOW GROUP

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