Blend Investor Conference Presentation Deck

Reconciliation of GAAP to Non-GAAP Measures $ in thousands GAAP gross profit Non-GAAP expenses: Stock-based compensation Non-GAAP gross profit GAAP operating expenses Non-GAAP expenses: Stock-based compensation and amortization of warrant Acquisition-related expenses Non-GAAP operating expenses Q ended June 30, 2021 $19,702 157 $19,859 $59,336 6,495 6,635 $46,206 Q ended June 30, 2020 $13,255 18 $13,273 $34,062 3,462 966 $29,634 YTD June 30, 2021 $40,717 215 $40,932 $107,558 10,626 10,842 $86,090 YTD June 30, 2020 $21,500 37 $21,537 $65,391 6,759 967 $57,665 blend

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