Blend Results Presentation Deck

Q2 21 Pro Forma Non-GAAP Financial Information $ in thousands Revenue GAAP Gross Profit Non-GAAP expenses: Stock-based compensation Non-GAAP Gross Profit GAAP Loss from Operations Non-GAAP expenses: Stock-based compensation and amortization of warrant Acquisition-related expenses Amortization of acquired intangible assets Non-GAAP Loss from Operations GAAP Net Income (Loss) Non-GAAP expenses: Stock-based compensation and amortization of warrant Amortization of acquired intangible assets Acquisition-related expenses Income tax benefit related to acquisition Non-GAAP Net Loss Blend $32,062 $19,702 $157 $19,859 ($39,634) $6,652 $6,635 ($26,347) $5,766 $6,652 6,635 ($45,302) ($26,249) 1 The pro forma adjustments give effect to the acquisition of Title365 as if it had been completed on January 1, 2020 Note: Amounts may not foot due to rounding Title365 $66,157 $21,108 $37 $21,145 16,596 $130 $16,726 $12,904 $130 $13,034 Blend +Title365 $98,219 $40,810 $194 $41,004 ($23,038) $6,782 $6,635 ($9,621) $18,670 $6,782 $6,635 ($45,302) ($13,215) Purchase Accounting & Pro Forma Adjustments 1 $1,177 $645 ($6,635) $4,364 ($449) ($49,909) $4,364 ($6,635) $45,302 ($6,878) Pro Forma $98,219 $40,810 $194 $41,004 ($21,860) $7,427 $4,364 ($10,070) ($31,240) $6,782 $4,364 ($20,094) blend

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