Blend Results Presentation Deck

Full Year 2022 Revenue Guidance Blend Platform 9 $140-150 Blend 2022 revenue guidance reflects the following: Title365 $90-100 $ in millions (Consolidated) Blend Labs, Inc. $230-250 Continued U.S. economic growth and Federal Reserve interest rate and open market policy actions in the context of current market expectations. U.S. mortgage market origination volumes declining approximately 35% from their 2021 level, as forecast by Fannie Mae and the Mortgage Bankers Association. 2022 Blend Platform segment revenue reflects slightly lower full year Mortgage Banking revenue, driven by the expected negative impacts of a decline in U.S. mortgage market origination volumes in 2022 which are expected to be mostly offset by market share gains in the company's mortgage banking business. 2022 Blend Platform segment revenue re cts over 100% growth in Consumer Banking and Marketplace revenue, including the expected transition of approximately $15.0 million in revenues from the Title365 segment to the Blend Platform segment, as customers transition to the Blend Title solution (a component of Consumer Banking and Marketplace revenue). This transition is anticipated to commence in mid-2022. blend

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