Opendoor SPAC Presentation Deck

Offering greater simplicity, certainty, speed and safety Note: Traditional sale Complex Average of 6 counter parties to manage Uncertain -20% of transactions fall through Inflexible timelines to closing Slow Average of 87 days to close on the market Human intensive Averaging 12 visitors per listing with months of open houses 9:41 AM Wed Aug 24 = 123 Main St, Phoenix, AZ YOUR OFFER Price Fees Est. Closing costs Unforeseen costs Net proceeds Days on market Closing date Certainty Traditional Sale Opendoor $303,000-$342,000 5.5% 1% Up to 4% $271,185-$306,090 X 62 days X Depends on Buyer X Financing contingencies X Appraisal contingencies Opendoor $317,300 7.0% 1% 0% $291,916 ✓0 ✓ Up to you ✓ All-cash offer . 100% EH Opendoor Simple Integrated digital experience Certain Guaranteed close on your timeline No unforeseen costs Fast Flexible closing in as fast as 3 days Safe Completely contactless sale Fall-through, days-on-market and visitors/listing based on analysis of MLS and Company data Offer comparison reflects a comparison of Company's listing and sell direct products (figures based on illustrative home). Unforeseen costs assume 1% staging costs, 2% seller concessions and 1% overlap costs (moving, double mortgage) 12

View entire presentation