Opendoor SPAC Presentation Deck

The largest, undisrupted market in the U.S. Massive market 68% of Americans are homeowners 5 million homes sold annually $841B/yr Used autos $1.0T/yr Food $1.6T/yr Real estate Note: Data sourced from public company filings, U.S. Bureau of Labor Statistics, U.S. Census Bureau and National Association of Realtors Fragmented incumbents 2 million real estate agents 28% of realtors have another occupation 66% 0-15 annual transactions 31% 15-50 annual transactions 4% 50+ annual transactions 8

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