Affirm Results Presentation Deck

GAAP to Non-GAAP Expense Reconciliations, H2'20 ($ in 000s) Loss on loan purchase commitment Provision for credit losses Funding costs Processing and servicing Total Transaction Costs Technology and data analytics Sales and marketing General and administrative Other Operating Expenses Total Operating Expenses ($ in 000s) Loss on loan purchase commitment Provision for credit losses Funding costs Processing and servicing Total Transaction Costs Technology and data analytics Sales and marketing General and administrative Other Operating Expenses Total Operating Expenses affirm) Notes: 1. Metrics are unaudited $ $ $ $ $ $ $ $ $ $ GAAP GAAP 55,311 $ (32,171) 7,817 14,806 45,763 $ 31,744 $ 5,066 31,439 68,249 $ 114,012 $ 43,519 $ 82,216 8,204 13,678 147,617 33,654 7,108 31,399 72,161 219,778 $ $ $ $ D&A D&A O oc 40 40 1,702 237 44 1,983 2,023 O O O 87 87 2,188 503 99 2,790 2,877 Compensation Expense Shopify Warrant Expense $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2020 Stock-Based LA Compensation Expense $ $ 0 0 O 28 28 1,988 868 2,496 5,352 $ 5,380 $ 0 0 0 27 27 $ Three Months Ended March 31, 2020 Stock-Based 3,360 918 3,665 7,943 7,970 $ $ $ O O O Olc $ $ 0 Shopify Warrant Expense $ oooo O O O O c oooo $ tA $ $ $ $ $ LA $ LA $ $ Other Costs Other Costs O O O O O 0 $ O O O O 0 O O O O c ܘ ܘ ܘ ܘ $ $ LA $ $ $ LA $ $ $ Non-GAAP 55,311 (32,171) 7,817 14,738 45,695 28,054 3,961 28,899 60,914 106,609 Non-GAAP 43,519 82,216 8,204 13,564 147,503 28,106 5,687 27,635 61,428 208,931 32

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