Blend Results Presentation Deck

Reductions in Operating Expenses by function Showing progress to date on cost efficiency initiatives Operating Expenses in millions $ $30.0 Research & Development Non-GAAP $25.0 $20.0 $15.0 $10.0 $5.0 $0.0 $25.1 $22.8 Q1 2022 Q2 2022 $17.1 $16.0 Q1 2023 Q2 2023 Sales & Marketing Non-GAAP $19.7 $18.8 Q1 2022 Q2 2022 $14.7 $13.8 Q1 2023 Q2 2023 General & Administrative Non-GAAP $24.1 Q1 2022 $23.6 Q2 2023 $15.2 Q1 2023 $11.8 Q2 2023 blend

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