Financial inclusion Affirm believes that access to responsible and affordable credit products is a key contributor to the financial health of consumers, and drives broad-based financial inclusion. Affirm offers products that promote access and opportunity for millions of Americans, especially low and moderate income (“LMI”) borrowers that would otherwise be left vulnerable to predatory lenders and high-interest-rate products. In fact, more than one-third of our overall 1 volume for the 12 months ending December 31, 2021 has gone to LMI customers. By looking at consumers as more than just their credit score, our underwriting is able to responsibly expand access to credit to more people, including those whose traditional credit scores may not represent their worthiness as a borrower. This provides critical access to honest and transparent financing to consumers who Importantly, Affirm underwrites each and every need it the most, without ever paying for hidden or late fees. transaction individually in order to assess a consumer’s ability to repay. We do not extend access to credit to consumers that we don’t believe can be repaid because we do not profit from their mistakes. 1. 36% of total loan volume originated between 1/2021 and 12/2021 has gone to borrowers with a stated income lower than 80% of the median household income according to HUD FY2020 limits. Median household income is determined at the zip code level in metropolitan areas defined by HUD and at the state level for zip codes falling outside of these metro areas. 10