Non-GAAP operating expenses $ million Non-GAAP operating expenses exclude (a) depreciation and amortization; (b) stock-based compensation included in GAAP operating loss; (c) A F F I R M | 2 0 2 3 expenses related to warrants and share-based payments granted to enterprise partners; and (d) certain other costs. Metrics are unaudited. 28
Affirm Financial Model Information Session Page 27 Page 29