#1* 1 4 1 + + 4 * 1 + A A Leading FinTech Platform for the Everyday Consumer 4 1 OppFi" + . + H # # # Q3 2021 Earnings Presentation November 2021#2Disclaimer This presentation (the "Presentation of OppFi Inc. ("OppF" or the "Company") is for information purposes only. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein, the Company makes no representation or warranty with respect to the accuracy of such information. Trademarks and trade names referred to in this Presentation are the property of their respective owners The information contained herein does not purport to be al-inclusive. This Presentation does not constitute investment, tax, or legal advice. No representation or warranty, express or implied, is or will be given by the Company or any of its respective affilates, directors. employees or advisers or any other person as to the accuracy or completeness of the information in this Presentation, and no responsibility or liability whatsoever is accepted for the accuracy or sufficiency thereof or for any errors, omissions or misstatements negligent or other relating thereto. The information contained in this Presentation is preliminary in nature and is subject to change, and any such changes may be material. The Company disclaim any duty to update the information contained in this Presentation which information is given only a as of the date of this Presentation unless otherwise stated herein Forward-Looking Statements CONT THE This Presentation includes forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Oppfis actual results from and identify forward-looking statements, but the "forecast," "anticipate." "Intend," "plan" "may," "will" "could," "should." "believes," "predicts" "potential" "possible," "continue" and similar pression making statements as predictions of future events. Words such as "expect." "estimate." "project," "budget." forward-looking. These forward-looking statements include, without limitation. Oppfis expectations for its full year 2021 revenue, Adjusted EBITDA and Adjusted Net Income, Oppfis assumptiosence of these words does not mean that a statement is not performance. These for underlying any projections, Oppfis expectations with respect to the ww future performance of Oppfis platform, OppFi's expectations for its amation as to the outcome and timing of future events. These forward-looking statements involve significant risk cause the actual results to differ materially from the assumptions about future events and are based on currently available and profitability and Oppfis new products, including SalaryTap and Oppfi Card, and their performance. These forward-looking statements are based on Oppfis cument expectations and Kay Pangg and uncertainties that expected results. Most of these factors are outside Oppfis control and are difficult to predict Factors that may cause such differences include, but are not limited to any changes in assumptions underlying projections, such as yield levels, charge off percentages, and growth, the impact of COVID-19 on the impact of stimulus or other programs; the risk that the business combination operations, recognize the anticipated combination, which may be affected by, among other things, competition, the ability of OppFi to grow and manage growth profitably and retain its key employees; costs related to the business combination, changes in applicable laws or regulations; the possibility that Oppfi ma may be adversely affected by other economic, business, and/or competitive factors, and other risks and uncertainties indicated from time to time in Opp's flings with the United States Securities and Exchange Commission, in particular, contained in the section or sections captioned Risk Factors. Oppfi cautions that the foregoing list of factors is not exclusive, and readers should not place undue reliance upon any forward-looking statements, which speak only as of the date made. Oppfi does not undertake or accept any obligation or undertaking to Non-GAAP Financial Mease publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based Measures Certain financial information and data contained this Presentation is unaudited and does not conform to Regulation S-X Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in any periodic filing, information or proxy statement, or prospectus or registration statement to be filed by the Company with the SEC. Some of the financial information and data contained in this Presentation, such as Adjusted Net Income and CAGR and Margin thereof, and Adjusted EBITDA, Adjusted EBT and CAGR and Margin thereof Adjusted Basic and Diluted Earnings Per Share and Far Value Pro Forma information, including fair value adjustments, have not been prepared in accordance with United States generally accepted accounting principles (GAAP) These non-GAAP measures of financial results are not GAAP measures of our financial results or liquidity and should not be considered as an alternative to net income (loss) as a measure of financial results, cash flows from operating activities as a measure of liquidity. or any other performance measure derived in accordance with GAAP. The Company believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company's financial condition and results of operations. The measures for trend analyses and for budgeting and planning purposes. an additional tool for investors to The Company believes that the use of these non-GAAP any's management uses these non-GAAP to use in evaluating projected operating results and trends in and in comparing the Company's financial measures with other similar companies, many of g P finance non-GAAP financial measures provides an which present similar non-GAAP financial measures to investors Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in the Company's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP Inancial measures in order to compensate for these limitations, management presents non-GAAP financial measures in connection with GAAP results. You should review the Company's audited financial statements, which have been filed by the Company with the SEC, reconciliation for the Company's non-GAAP financial measures to the most directly comparable GAAP financial measures is located in the Appendix A reconciliation of the 2021 full year non-GAAP financial measures to the most directly comparable GAAP financial in this P measures is not included in this Presentation, because, without unreasonable efforts, the Company is unable to predict with reasonable certainty the amount or timing of non-GAAP adjustments that are used to calculate these Non-GAAP financial measures Paniner Ein Projected Financial Information This Presentation contains financial forecasts, including with respect to the Company's estimated and projected revenue, revenue growth, Adjusted Net Income. Adjusted EBT, Adjusted EBITDA, and CAGR and margins with respect to Adjusted Net Income and Adjusted EBITDA, The Com The Company's certified public accountant has not audited, reviewed, compiled, or performed any procedures with respect to the projections for the purpose of their inclusion in this Presentation, and accordingly, has not expressed an opinion or provided any other form of assu assurance with respect thereto for the purpose of this Presentation. These projections should not be relied upon as being necessarily indicative of future results Any estimates, forecasts or projections set forth in the Presentation have been prepared by the Company in good faith on a basis believed to be reasonable. Such estimates, forecasts and projections involve significant elements of subjective judgment and analysis and reflect numerous judgments, estimates and assumptions that are inherently uncertain in prospective financial information of any kind. As such, no representation can be made as to the attainability of such estimates forecasts and projections. The recipient is cautioned that such estimates, forecasts or projections have not been audited and have not been prepared in conformity with GAAP. The estimates, forecasts and projections included in this Presentation are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the pa the prospective financial information, which include, but are not limited to, those mentioned in the prior paragraphs under the caption "Forward-Looking Statements. The recipient therefore should not rely on the estimates, forecasts or projections contained in the Presentation. No Offer or Solicitation This presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act Website This Presentation contains reproductions and references to the Company's website and mobile content. The contents of the website and mobile content are not incorporated into this Presentation. Any references to URLs for the websites are intended to be inactive textual references only. OppFi"#33Q21 Financial Highlights W • • • . . Net Originations increased 25% year over year and 14% sequentially Ending Receivables increased 22% year over year and 13% sequentially Revenue increased 47% year over year to $92 million Adjusted Revenue increased 25% year over year to $92 million Net Income was $30.4 million Adjusted Net Income was $17.4 million GAAP and Adjusted EPS of $1.06/ $0.21, respectively for the third quarter of 2021 OppFi"#43 Record Levels in the Third Quarter Originations increased in the third quarter, leading to 14% + quarter over quarter, and 25%+ year over year growth. Ending receivables increased 22% above 2020 levels and 13% over the prior quarter. Adjusted revenue grew 25% year over year and 17% sequentially. Originations ($ Millions) Ending Receivables¹ ($ Millions) Adj. Revenue² ($ Millions) Q3 2019 144.4 247.7 73.4 +14% ↑ +18% +14% f Q3 2020 131.2 240.3 73.6 +25% +22% +25% Q2 2021 260.4 78.4 +14% +13% +17% 1. Receivables are defined as unpaid principal balances of both on- and off-balance sheet loans 2. Adj. Revenue is defined as Total Revenue adjusted to include amortization of loan origination costs. Adj. Revenue is not a financial measure determined in accordance with GAAP For a reconciliation to our most directly comparable financial measure calculated and presented in accordance with GAAP, please see the Appendix included within this presentation Q3 2021 164.5 293.31 92.0 OppFi"#5Continued Strong Profitability in 2021 Adjusted EBITDA slightly declined year over year to $31.8 million and Adjusted Net Income declined to $17.1 million. Adjusted Net Income was down quarter over quarter due to marketing spend increases to support higher originations and future growth as well as higher interest expense as debt levels normalized. Adj. EBITDA¹ ($ Millions) Margin Adj. Net Income¹ ($ Millions) Margin Q3 2019 29.3 40% 16.8 23% +8% +2% Q3 2020 32.4 44% 19.5 27% -2% -12% Q2 2021 32.3 41% 17.8 23% -2% -4% 1. Adj. EBITDA and Adj. Net Income are not financial measures determined in accordance with GAAP. For reconciliation to our most directly comparable financial measures calculated and presented in accordance with GAAP, please see the Appendix included within this presentation Q3 2021 31.8 35% 17.1 19% OppFi"#63Q21 Key Performance Indicators ($ in 000s, except Total Marking Cost) Net Originations¹ Ending Receivables² % of Originations by Bank Partners Net Charge-Offs as % of Average Receivables³ Total Revenue Yield Automatic Approval Rate4 Total Marketing Cost per Funded Loans Total Marketing Cost per New Funded Loan 5 9/30/2021 $164,546 $293,279 93% 36% 131% 58% $89 $255 Unaudited Three Months Ended 6/30/2021 $143,983 $260,377 93% 28% 129% 51% $72 $245 9/30/2020 $131,236 $240,275 65% 24% 128% 21% $62 $212 Key Highlights Net originations increased 25% year over year and 14% sequentially . W . Ending receivables increased 22% year over year, and 13% sequentially as a result of strong origination growth in Q321 Net charge-offs as % of average receivables increased to 36% versus 24% for Q320, as a result of normalizing credit Yield increased year over year due to state mix from higher bank originated loans as well as less customers on assistance programs Automatic approval rate increased sequentially to 58% from 51%, reflecting execution of auto-decisioning and efficiency projects Total marketing cost per new funded loan increased by 20% year over year and 4% sequentially primarily due to channel. mix Avi Hale is calculated by taking the number of approved loans that are not desoned by a loan advocate or underver auto-approval dvided by the total sunder of loans approved. 5. Marketing Cost perfunded Liten represents making cost perfunded leading and returning cusThe amount of direct marketing concurred during a period divided by the number of funded loans originated during that same period. OppFi"#7Driving Operational Leverage via Automation and Productivity Tools Continued increases in operational leverage position OppFi well for post-COVID demand Increasing Automated Approvals Auto Approval Rate (AAR) 16 0% Dec-17 7% Dec-18 ان 18% Dec-19 26% Dec-20 58% Sep-21 Increasing Application Conversion New Funded Loans / Applications Total Funded Loans / Applications 4% 9% Dec-17 8% 16% 17% Dec-18 Dec-19 23% Sep-21 September 2021 Impacted by higher percentage of new customers as a percentage of total customers Dec-20 10% OppFi"#8Balance Sheet Highlights ($ in 000s) Assets Cash and restricted cash Finance Receivables at Fair Value Finance Receivables at Amortized Cost, Net Other Assets Total Assets Unaudited 9/30/2021 $56,802 334,114 1,269 48,469 $440,654 Liabilities and Stockholders'/Members' Equity Other Liabilities $51,976 Total Debt 225,759 Warrant Liability 24,506 Total Liabilities $302,241 Total Equity 138,413 Total Liabilities and Equity $440,654 12/31/2020 $45,657 222,243 17,943 $285,843 $28,406 158,105 $186,511 99,332 $285,843 ■ • · Key Highlights of Changes from 12/31/2020 Year-to-date cash growth of $11 million driven by higher free cash flow from operations and financing activities, offset partially by transaction expenses and tax distributions Total debt increased $68 million, driven by an increase in leverage facilities due to higher receivables and utilization and net impact from corporate credit facility refinancing Equity growth of $39 million includes $69 million of one- time fair value adoption impact and net income of $73 million, partially offset by tax distributions and transaction related adjustments to equity. OppFi"#9B Roadmap to Innovate OppFi Card Testing a wide range of product designs, price points and underwriting criteria to develop innovative OppFi Card products with strong unit economics that are complementary to our Installment Loans business. Built a strong team and set of partners, including Atalaya who recently amended a $75M credit line to fund Card receivables. Salary Tap by OppFi Recently introduced Salary Tap sub-36% APR payroll deductible, installment loan product. Seeing very high customer Net Promoter Scores and strong customer metrics. From a funding perspective, we recently expanded our existing bank credit facility by $20 million at favorable terms to support the growth and expansion of Salary Tap. LEE M CARDHOLDER *154 OppFi La M. Caden LEH PA-SOVEPOSE MOM OppFi"#10OppFi Social Impact 01 PROVIDE ACCESS TO THE BEST AVAILABLE CREDIT Through bank partners, we expand access to credit by creating and delivering the best products and experiences to consumers 02 BUILD AND PROMOTE FINANCIAL HEALTH We help build a pathway toward better financial health through resources and financial education 03 DELIVER EXCEPTIONAL CUSTOMER SERVICE We are committed to providing a superior customer experience with strong satisfaction benchmarks, fair servicing practices, and high service-level standards SOCIAL IMPACT PARTNERSHIPS We partner with mission-aligned organizations to support our commitment to help customers build a better financial path through more financial resources, education, and support. experian. SSteady BILLSHARK springtour FINANCIAL EDUCATION & RESOURCES Our financial education program, Oppu, offers free standards-aligned financial literacy courses and free educational articles authored by its team of personal finance writers www.oppleans.com/oppu Oppu OPPFI 2020 SOCIAL IMPACT REPORT HIGHLIGHTS Through our relationships with mission-aligned companies like SpringFour and Steady we provided consumers 100K+ referrals to free financial health resources. An internal Vantage Score Study revealed that consumers who paid their loan off increased their Vantage Score by 32 points. Less than 2% of customer who have opted into the Oppfi TurnUp program have received and closed a loan with a partner springtour Steady +32 *2% We reported the payment histories of 424,149 customers to all three major credit bureaus. Over IM user visits to OppU, our free online financial education hub OppU that offers standards- aligned financial literacy classes and educational content posted to our blog We helped a total of 280,516* customers gain access to credit in 2020, representing over $483M in total net originations." 3 Contumen who took outoaining the Opplatform and appled for credituring 01 201 and their off in full prior to May 200 Oppi 2020 Social impact Reportage 12 We define closed loans as those customers who watched with a pre-qualled offer from our partners and actually received a loan through one of those partners Number of unit customers who me approved for a loan FY 2020 7 Total Net Originations for FY 2020 includesface For the full 2020 Social Impact Report, please visit www.oppf.com/social-impact/#11OppFi Diversity, Equity and Inclusion OppFi" Diversity, Equity, & Inclusion Vision Through our unwavering commitment to education and equity, we will create a world that ensures financial inclusion for all. To achieve this, we look past what's in front of us to: • Identify the root of inequity in all parts of our company, * Compassionately and empathetically center the most vulnerable, And consistently learn about race, power, privilege, and oppression to better understand and uncover our role in unlearning it. While we recognize diversity of identity, thought, experience, and background are important at Oppfi, we are first prioritizing racial, ethnic and gender diversity. We also know learning is not enough, so we actively work to dismantle systems of oppression in our product development, people, processes, legal policies, and customer interactions. We imagine a world where everyone has access to the finances and credit to live the life they deserve. Est. 2021 01 Education People managers participated in immersive learning of the Black, Latinx, and LGBTQIA+ experience. All employees participated in foundational DEI learnings to understand personal identity and spheres of influence for change. 02 Equity We define equity as system level change, ensuring we have processes and procedures that support a diverse and inclusive work workplace. All C-suite level leaders have department level DEI goals. People leader training introduces systems of oppression and inclusive manager expectations 03 Financial Inclusion We strive for our product development, people, processes, legal policies, and customer interactions to create more access for our customers and employees. Kennedy King Community College Student Onsite Business Resource Groups key focus area for 2022: Colleagues, Commercial, Community, Culture OppFi"#12Full Year 2021 Outlook The Company expects the following for full year 2021: • Revenue $350 Million to $360 Million Outlook Assumptions Ending receivables of $315-325 million Adj. EBITDA¹ $120 Million to $125 Million • Adj. Net Income¹ $62 Million to $66 Million • Net charge-offs as a percentage of average receivables of approximately 35-40% Yield consistent with historical levels for fourth quarter 2021 ed EBITDA, and Adjusted Net Income ate not financial measures determined in accordance with GAAP A reconciliation of the 2005 full year non-GAAP Binancial measures to the most directly comparable GAAP financial measures not included in this Presentation, because, without unreasonable effons, the Company is unable to predict with reasonable certainty the amount or ring of non-GAAP adjustments that are used to calculate these Non-CALP financial measures OppFi"#13Platform with Proven Ability to Scale Profitably ($ in millions) 50% ¹17A-21P Revenue CAGR $268 $70 Revenue ¹,2 ¹17A $134 '18A *19A $323 ¹20A $355 21P 54% 17A-¹21P Adj. EBITDA CAGR $22 ¹17A Adj. EBITDA¹,3 31% $52 ¹18A 39% $97 *19A Margin 36% $101 ¹20A 31% $123 ¹21P 34% 56% ¹17A-¹21P Adj. Net Income CAGR $11 ¹17A Adj. Net Income ¹.3 16% $28 *18A 21% $53 *19A Margin 20% 1. 2021P projections refect doints of guidance range 2 Revenue proforma for tar market value accounting As of January 1, 2025, Oppfi transitioned from an expected credit les application to a fair market value application acceptable under US GAAP 3. As EBITDA and Ad Not Income pro forma forfait market value accounting. Ad. EBITDA and Ad. Net Income are not financial measures determined in accordance with CAP. For a conciliation to our most directly compatible financial measures calculated and presented in accordance with GAAP, please see the Appendia included within this presentation. A reconciation of the 2021 full year non-GAAP financial measures to the most directly comparable GAAP financial $55 ¹20A 17% $64 21P 18% OppFi"#14+ Appendix Opplans Come as you are. Leave in control. m A#153Q21 Financial Results ($ in thousands, except per share values) Total Revenue Adj. Revenue¹ Net Income Adj. Net Income¹ Adj. Net Income Margin Adj. EBITDA¹ Adj. EBITDA Margin Basic & Diluted EPS Adj. Basic & Diluted EPS¹ Unaudited Three Months Ended 9/30/2020 9/30/2021 $91,977 $91,977 $30,392 $17,362 18.9% $31,779 34.6% $1.06 $0.21 $62,759 $73,577 $19,342 $19,484 26.5% $32,402 44.0% YOY % 46.6% 25.0% 57,1% (10.9)% (760bps) (1.9)% (940bps) Key Highlights Revenue increased by 47% as receivables grew by 22% and yield improved by 290 bps. Revenue positively impacted by adoption of fair value, which removed $11 million FAS91 impact in Q3 2020 ☐ · . Adjusted Net Income declined by $2.4 million, driven primarily by credit normalization, higher sales & marketing expense along with higher spend on technology, new products & analytics as we continue to execute on our growth strategies Adj. EBITDA and Net Income Margins still strong though declined from previous year primarily due to credit normalization 1, ARA Net Income, Adj. EBITDA, and Ad EPS presented pro form for whaccounting Ad. Revenue, A. Net Income, and Ad. EBITDA are not financialmente determined in accordance with GAAP. For a conciliation to our most directly comparable financial measures calculated and presented in accordance with GAAP. please see the Appends included within this presentation OppFi"#1615 OppFi GAAP Income Statements ($ in thousands, except per share values) Unaudited Interest and loan related income, gross¹ Other income Interest, loan related and other income Amortization of loan Origination Costs Total revenue Total provision Change in fair value of finance receivables Net revenue Total expenses Income from operations Gain of loan forgiveness of Paycheck Protection Program loan Change in fair value of warrant liability Income before income taxes Provision for income taxes Net income Less: net income attributable to noncontrolling interest Net income attributable to OppFi Inc. Earnings per share attributable to OppFi Inc. ²: Earnings per common share: Basic Diluted Weighted average common shares outstanding: Basic Diluted $ $ $ 69 69 Three Months Ended September 30, 2021 2020 91,448 529 91,977 $ 91,977 (143) (18,940) 72,894 61,382 11,512 6,444 13,139 31,095 703 30,392 16,267 14,125 1.06 1.06 $ 13,363,995 13,363,995 $ $ $ $ $ $ 73,311 266 73,577 (10,818) 62,759 (17,880) 44,879 25,537 19,342 19,342 19,342 Variance (%) 24,7% 98.9% 25.0% 46.6% 99.2% 62.4% 140.4% (40.5)% 60.8% 57.1% 1. La Related Income primarily consists of non-sufficient funds, which are immaterial and wire discontinued during 01 2021. Internatincome related to finance recovables accounted for under the fair value option is included in interest and loan related income, gros" in the consolidated statements of pati 2. Prior to the Reverse Recopitalization, all net incore was attributable to the noncontrolling interest. For the periode prior to July 20, 2021, eaegs per share not calculated as net income prior to The Business Combination was atributable entirely to OppF-LLC OppFi"#17OppFi GAAP Income Statements ($ in thousands, except per share values) Unaudited Interest and loan related income, gross¹ Other income Interest, loan related and other income Amortization of loan Origination Costs Total revenue Total provision Change in fair value of finance receivables Net revenue Total expenses Income from operations Gain of loan forgiveness of Paycheck Protection Program loan Change in fair value of warrant liability Income before income taxes Provision for income taxes Net income Less: net income attributable to noncontrolling interest Net income attributable to OppFi Inc. Earnings per share attributable to OppFi Inc. ²: Earnings per common share: Basic Diluted Weighted average common shares outstanding: Basic Diluted $ $ 60 60 $ Nine Months Ended September 30, 2021 2020 253,581 1,029 254,610 254,610 (181) (52,635) 201,794 147,911 53,883 1.08 1.08 $ 13,107,873 13,107,873 $ $ 6,444 13,139 73,466 703 72,763 $ 58,638 14,125 $ $ $ $ 235,651 506 236,157 (37,464) 198,693 (62,755) 135,938 74,580 61,358 61,358 61,358 Variance (%) 7.6% 103.4% 7.8% 28.1% 99.7% 48.4% 98.3% (12.2)% 19.7% 18.6% 1. Lo Related Income primarily consists of non-sufficient funds, which are immaterial and were discontinued during 01 2021. interest income related to finance recovables accounted for under the fair value option is included in interest and loan related income, gros" in the consolidated statements of pati 2. Prior to the Reverse Recopitalization, all net incore was attributable to the noncontrolling interest. For the periode prior to July 20, 2021, eaegs per share not calculated as net income prior to The Business Combination was atributable entirely to OppF-LLC OppFi"#18OppFi Fair Value Pro Forma Income Statements¹ ($ in thousands, except per share values) Unaudited 17 Total revenue Total provision Fair value adjustment² Net revenue Expenses Sales and marketing Customer operations Technology product, and analytics General, administrative, and other Total expenses before interest expense Interest expense³ Income from operations Gain of forgiveness of PPP Loan Change in fair value of warrant liability Income before income taxes Provision for income taxes Net income Less: net income attributable to noncontrolling interest Net income attributable to OppFi Inc. Earnings Per Share Attributable to OppFi Inc.4: Earnings per common share: Basic Diluted Weighted average common shares outstanding: Basic $ $ Three Months Ended September 30, 2021 2020 91,977 $ (143) (18,940) 72,894 15,633 10,550 7,329 21,456 54,969 6,414 11,512 6,444 13,139 31,095 $ 703 30,392 16,267 14,125 $ 1.06 1.06 $ $ $ $ 73,577 (11,880) 61,697 9,513 9,414 5,080 7,982 31,989 4,653 25,055 25,055 25,055 Variance (%) 25.0% (59.4)% 18.1% 64.3% 12.1% 44.3% 168.8% 71.8% 37.8% (54.1)% 24.1% 21.3% 13,363,995 13,363,995 Diluted 1. The pro forma fair value accounting aquitments are due to Oppers transition from an incurred credit loss application to a fair value appocation acceptable under US GAAP. Historically under the incumed creat loss application Opphed for losses due to the short duration of receivables. These financial measures and not prepared in accordance with accounting principles generally accepted in the United States and may be different from non- GAAP inancial measures used by other companies 2. Faral adjustment of $11.9 million includes not charge-offs of $130 million and for market value adjustment of ($20 million) diven by higher receivables and a higher far market value mark 3 Includes de amortization costs 4. Prior to the Reverse Recepitalization, all not income was attributable to the noncontrolling interest. For the periods prior to July 20, 2021, eamings per share was not calculated as net income prior to the Business Combination www.atributable anbrity to OppF-LLC OppFi™#19OppFi Fair Value Pro Forma Income Statements¹ ($ in thousands, except per share values) Unaudited 18 Total revenue Total provision Fair value adjustments? Net revenue Expenses Sales and marketing Customer operations Technology product, and analytics General, administrative, and other Total expenses before interest expense Interest expense³ Income from operations Gain of forgiveness of PPP Loan Change in fair value of warrant liability Income before income taxes Provision for income taxes Net income Less: net income attributable to noncontrolling interest Net income attributable to OppFi Inc. $ $ $ $ $ $ 0000 Nine Months Ended September 30, 2021 254,610 $ (181) (52,635) 201,794 35,114 30,036 19,669 45,687 130,506 17,405 53,883 6,444 13,139 73,466 703 72,763 58,638 14,125 $ 1.08 1.08 $ $ $ 2020 $ $ 236,157 (87,470) 148,687 25,359 28,030 14,254 21,200 88,843 16,582 43,262 43,262 43,262 Variance (%) 7.8% 39.8% 35.7% Earnings Per Share Attributable to OppFi Inc.4: Earnings per common share: Basic Diluted Weighted average common shares outstanding: Basic 13,107,873 13,107,873 Diluted 1. The proforma far valuti aŭcounting adjustments and due to Oppfis transition from an incumed credit lost application to a fair value application acceptable under US GAAP. Historically under the incurred credito application Opp has reserved for lite losses due to the short duration of receivables. These financial measures are not prepared in accordance with accounting principles generally accepted in the United States and may be different from non GAAP financial measures used by other companies 2. Fair valutment of $87.5 million includes not charge-offs of 569,5 mion and a fair matet value adjustment of $17.8 mon driven by lower receivables and a lower fair market value mark as a result of the COVO-10 3. Includes debt amortization costs 4 Prithverse Recupitalination, alle income was attributable to the nocontrolling interest. For the periods prior to July 20, 202, emings per share was not calculated as net income prior to the Business Combination wawibutable entry to Onof-LLC 38.5% 7.2% 38.0% 115.5% 46.9% 5.0% 24.6% 69.8% 68.2% OppFi"#2019 OppFi Condensed Balance Sheet ($ in thousands) Unaudited Assets Cash and restricted cash Finance receivables at fair value Finance receivables at amortized cost, net Other assets Total assets Liabilities and stockholders/members' equity Other liabilities Total debt Warrant liability Total liabilities Total stockholders"/members' equity Total liabilities and stockholders' equity $ $ $ $ September 30, 2021 56,802 334,114 1,269 48,469 440,654 51,976 225,759 24,506 302,241 138,413 440,654 $ $ $ $ December 31, 2020 45,657 222,243 17,943 285,843 28,406 158,105 186,511 99,332 285,843 Variance (%) 24.4% (99.4)% 170.1% 54.2% 83.0% 42.8% 62.0% 39.3% 54.2% OppFi"#2120 OppFi Quarterly EBT to Adj. EBT and Adj. EBITDA Reconciliation ($ in thousands, except per share values) Unaudited Net income Provision for income taxes FV adjustments Debt amortization Other addback and one-time expense¹ Adjusted EBT Less: pro forma taxes? Adjusted net income Pro forma taxes² Deprecation and amortization Interest expense Business (non-income) taxes Net gain/loss on sale of asset Adjusted EBITDA Adjusted basic and diluted EPS³: Adjusted weighted average shares outstanding: 11. 2. 3 $ $ $ Three Months Ended September 30, 2021 30,392 703 572 (8,825) 22,842 5,480) 17,362 5,480 2,712 5,841 383 1 31,779 0.21 84,464,783 $ $ $ $ $ 2020 19,342 5,713 474 450 25,979 (6,495) 19,484 6,495 1,799 4,180 444 = 32,402 Variance (%) 57.1% 20.7% (2,061.1)% (12.1)% (15.6)% (10.9)% (15.6)% 50.8% 39.7% (13.7) % (1.9)% Other addback and one-time expense of (88.8 miton) includes a ($13.1 million) addback due to change in fair value of wamantlablity, a (56.4 million) addback due to gain of forgiveness of PPP loan and a $10.7 mionimpact to the GSA mi expenses comprised of $8.5 misionin one-time expenses related to the business combination. $0.9 million in profit interest and stock compensation, 500m in a change in far value of want outstanding prior to business combination, and 50,4 million in other one time expense Assumebate of 25% prior to the three months ended September 30, 2021 and 23.90 tax rate after reflecting the US federal statutory rate of 21% and a blended statutory rate for state income tax in orde allow for comparison with other publicly traded companie Prior to the Reverse Recapitalization, all net income was attributable to the noncontrolling interest. For the periods prior to July 20, 2021, earings per share was not calculated, as net income prior to the Business Combination was attributable entirely to Oppi-LLC OppFi"#22F OppFi EBT to Adj. EBT and Adj. EBITDA Reconciliation ($ in thousands, except per share values) Unaudited Net income Provision for income taxes FV adjustments Debt amortization Other addback and one-time expense¹ Adjusted EBT Less: pro forma taxes² Adjusted net income Pro forma taxes? Deprecation and amortization Interest expense Business (non-income) taxes Net gain/loss on sale of asset Adjusted EBITDA Adjusted basic and diluted EPS³: Adjusted weighted average shares outstanding: $ Nine Months Ended September 30, 2021 72,763 $ 703 1,735 (2,923) 72,278 (17,839) $ 54,439 $ 17,839 7,289 15,671 1,175 5 96,418 0.64 84,464,783 $ 2020 61,358 (18,096) 1,451 726 45,439 (11,360) 34,079 11,360 4,775 15,131 1,100 66,445 Variance (%) 18.6% 19.6% (502.6)% 59.1% 57.0% 59.7% 57.0% 52.6% 3.6% 6,8% 45.1% 1. Other addback and one time expense includes a (313,1 million addback due to change in fair value of wamant liability, a (884 million) addback due to gain of forgiveness of PPP Loan, 508 million in one-time expenses related to the Business Combination, $59 million in other one-time expenses, and 54.2 million in warant valuation expenses 2 Astax rate of 25% prior to the three a 23.99% tax rate aer, reflecting the U.S. federal stah for a 3. Prior to the Reverse Recapitaination, all net income was attributable to the noncontrolling interest. For the poods prior to July 20, 2021, marings per share was not calculated as net income prior to the Business Combination was atributable try to Opp/LLC OppFi™#23D OppFi Revenue to Adj. Revenue Reconciliation ($ in thousands, unaudited) Total revenue Amortization of loan origination costs Adjusted revenue ($ in thousands, unaudited) Total revenue Amortization of loan origination costs Adjusted revenue $ $ $ $ Three Months Ended September 30, 2021 91,977 $ 2021 91,977 $ Nine Months Ended September 30, 254,610 $ 2020 254,610 $ 62,759 10,818 73,577 2020 198,693 37,464 236,157 Variance % 46.6% 25.0% Variance (%) 28.1% 7.8% OppFi"#2423 OppFi Cash Flows ($ in thousands, unaudited) Net cash provided by operating activities Net cash (used in) investing activities Net cash provided by (used in) financing activities Net increase in cash, cash equivalents and restricted cash S S $ S Nine Months Ended September 30, 2021 120,090 (109,979) 1,033 11,145 S S $ S 2020 143,419 (43,653) (91,529) 8,237 Variance (%) (16.3)% (151.9)% 101.1% 35.3% OppFi"#25OppFi Adjusted Shares as Reflected in Adjusted Basic and Diluted Earnings Per Share 24 Class A Common Stock outstanding at period end Class V Common Stock outstanding at period end Elimination of earnouts at period end Adjusted shares outstanding Three Months and Nine Months Ended September 30, 2021 13,464,542 96,500,241 (25,500,000) 84,464,783 2020 OppFi"#26OppFi Adjusted Basic and Diluted EPS 25 190 Adjusted net income (thousands)¹ Adjusted shares outstanding Adjusted basic and diluted EPS²: Adjusted net income (thousands)¹ Adjusted shares outstanding Adjusted basic and diluted EPS?: L 2. $ $ $ $ Three Months Ended September 30, 2021 17,362 84,464,783 0.21 2021 54,439 84,464,783 $ 0.64 $ Nine Months Ended September 30, $ 2020 $ 19,484 2020 34,079 Non-GAAP Financial Measures. Adjusted Not Income, Adjusted Revenue and Adjusted EBITDA any financial measures that have not been prepared in accordance with Generaty Accepted Accounting Principles [GAAP See the "No Regarding Non GAAP Financial Measures below for a detailed description and reconciliation of such Non GAAP Inancial measures to their most directly comparable GAAP Prior to the Reverse Receptalization, all net income waabutable to the noncontrolling interest. For the periods porto July 20, 2025eamings per share was calculated as net income prior to the Business Combination was attributable entrely to OppFLUC OppFi"#27OppFi Q3 2020 As Reported to Fair Value Pro Forma Reconciliation 26 ($ in thousands, unaudited) Total revenue Total provision Fair value adjustment¹ Net revenue Expenses Sales and marketing Customer operations Technology product, and analytics General, administrative, and other Total expenses before interest expense Interest expense² Income from operations $ $ $ Three Months Ended September 30, 2020 As Reported 62,759 (17,880) 44,879 3,693 4,129 5,080 7,982 20,884 4,653 19,342 1. FV Adjustment of $11.9M includes et charge off of $135M and FMV Adjustment of (520) diven by higher receivables and FMV mark. 2. Includes amortization costs $ $ FV Adjustments 10,818 $ 17,880 (11,880) 16,818 5,820 5,285 11,105 5,713 $ S $ FV Pro Forma 73,577 (11,880) 61,697 9,513 9,414 5,080 7,982 31,989 4,653 25,055 OppFi"#28OppFi Q3 2020 As Reported to Fair Value Pro Forma Reconciliation 27 ($ in thousands, unaudited) Total revenue Total provision Fair value adjustment¹ Net revenue Expenses Sales and marketing Customer operations Technology product, and analytics General, administrative, and other Total expenses before interest expense Interest expense² Income from operations $ $ $ Nine Months Ended September 30, 2020 FV Adjustments 37,464 62,755 (87,470) 12,749 $ As Reported 198,693 $ (62,755) 135,938 $ 10,185 12,359 14,254 21,200 57,998 16,582 61,358 $ 15,174 15,671 $ 30,845 $ (18,096) $ 1. FV Aument of $87 5M includes not change-off of $80M and PM Adjustment of $17.6M diven by lower receivables and lower PM markant of the COVID-19 pandemic 2 includes det amortization costs FV Pro Forma 236,157 (87,470) 148,687 25,359 28,030 14,254 21,200 88,843 16,582 43,262 OppFi"#2928 Fair Value Third Quarter Valuation ($ in thousands) Outstanding Principal Accrued Interest Interest Rate Discount Rate Servicing Fee¹ Remaining Life Default Rate¹ Accrued Interest¹ Prepayment Rate¹ Premium / (Discount) to Principal² 9/30/2021 $291,876 $9,242 151.1% 21.7% (5.02)% 0.581 years 19.1% 3.2% Unaudited 21.4% 11.3% 6/30/2021 $260,236 $9,421 149.0% 21.6% (5.03)% 0.578 years 19.6% 3.6% 21.8% 10.4% 1. State percentage of loan receivable 2. Representate applied to on-balance unpaid principal receivable, inclusive of adjustment for credini. Key Highlights Remaining life increased as a result of a younger portfolio with the increase in origination growth W " Interest rate increased since last period as a result of state mix in the portfolio OppFi"#3029 Pro Forma Share Count Shares Class A Common Stock held by Public Class A Common Stock held by Founders Class A and Class V Common Stock Held by Pre-Business Combination Oppfi Equityholders Total Currently Outstanding Shares of Common Stock Eam-Out Shares Total Outstanding Shares of Common Stock Giving Effect to Earn-Outs $10.00 9,439,415 4,025.125 71,000.243 84,464,783 84,464,783 Share Price $12.00 9,439,415 4,025,125 71,000 243 84,464,783 8,500,000 92,964,783 $13.00 This presentation excludes 14.426,937 wamants to purchase shares of Class A Common Stock at $11.50 per share 9,439,415 4,025,125 71,000,243 84,464,783 17,000,000 (including 8.500,000 units that would have vested at $12) 101,464,783 $14.00 9.439,415 4,025,125 71,000,243 84,464,783 25.500,000 (including 8.500,000 units that would have vested at each of $12 and $13) 109,964,783 ▪ 912,500 warrants to purchase shares of Class A Common Stock at $15.00 per share 11,500,000 shares of Class A Common Stock issuable under the Company's 2021 Equity Incentive Plan 1,200.000 shares of Class A Common Stock issuable under the Company's 2021 Employee Stock Purchase Plan 2,800,000 options to purchase shares at $10.45 per share 2.800.000 options to purchase shares at $20.00 per share . - Notes Shares previously held by FGNA public stockholders, after giving effect to redemptions at closing Includes private placement shares, underwriter shares and founder shares, after giving effect to forfeitures at closing Includes shares in initial consideration, plus additional shares issued in lieu of cash as a result of redemptions and shares as a result of working capital and closing cash adjustments Excludes 25,500,000 shares of Class V Common Stock outstanding with respect to Earn Out Units held by pre- business combination OppFi equityholders, which vest and are subject to forfeiture as discussed below Excludes 25,500,000 shares of Class V Common Stock outstanding with respect to Earn Out Units held by pre- business combination OppFi equityholders, which west and are subject to forfeiture as discussed below Note: This presentation is not a complete summary of all relevant terms, conditions and information related to the capital structure of OppFi Inc. For more information, see the Company's filings with the SEC, including the Current Report on Form 8-K filed by the Company with the SEC on July 26, 2021 Total of 25,500,000 Eam Out Units held by pre-business combination Oppfi equityholders, which vest in three tranches when the volume weighted average price (VWAP) of the Class A Common Stock equals or exceeds each of $12.00, $13.00 and $14.00 for any 20 out of 30 consecutive trading days over the first 36 months after closing, and with respect to which Class V Common Stock is currently outstanding and subject to vesting and forfeiture Forfeited after 3-year anniversary of closing date if vesting conditions above are not met OppFi"