Opendoor SPAC Presentation Deck

2021 Inventory and Revenue trajectory Inventory + Revenue performance indexed to 2019 140% 100% 0% 4Q19 3Q20 Revenue performance highly correlated with prior period- end inventory levels 4Q20P Note: All ensuing inventory and Revenue data points indexed to 4Q19 Inventory -O Inventory Revenue 4Q21P Expect strong sequential revenue growth throughout 2021 as we rebuild inventory 1H/2H Revenue cadence 48% 52% 2019 ~80% Typical H1 range ~20% H1 2020E -35% 2021E Inventory dynamics in 2020 and 2021 will drive revenue cadence for next year H2 -65% 47

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