Opendoor Investor Presentation Deck

Our serviceable addressable market has increased ~4x since 2019 via market and buybox expansion $800B $600B $400B $200B $OB ~$160 2019 New Markets Buybox Expansion Note: Serviceable addressable market ("SAM") is defined as total in-buybox transactions in MSAs in which Opendoor is active Buybox expansion has been achieved by addressing more zip codes and home characteristics such as price points, ages, and home types $600+ Current Proven playbook to attract sellers Our acquisition funnel: Serviceable addressable market (SAM) Distribution channels Offers Reengagement Conversion 22

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