Robinhood IPO Presentation Deck

Customer Growth Over Time By cohort 2020 2019 2018 2017 2017 Robinhood Cumulative Net Deposits by Annual Cohort $3.2 $3.1 2018 $2.5 $4.4 $3.5 2019 $18.0 $6.7 $8.5 $6.1 2020 $17 2017 Annual Revenue by Cohort 841 $62 2018 845 $87 $56 2019 3-4x Average Cohort Growth After 24 Months' (1) From January 1, 2017 through December 31, 2020, average Cumulative Net Deposits across our monthly coforts increased -34 on average after twelve months and -x on average after 24 months, Average revenues per user ("ARPU) for both our 2017 and 2018 annual cohorts increased -3x in the first 24 months. $326 $175 $186 $130 2020 IPO Roadshow

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