Regulatory Affirm was purpose-built from the ground up with core values of honesty, transparency, and putting people first. By aligning our interests with those of consumers, Affirm has strived for our policies to represent best practices in consumer protection oversight and regulatory compliance since inception. Our approach of putting what is best for consumers first is embedded across our products and is an essential part of our company’s culture. Our founder and CEO, Max Levchin, was a member of the and approach Consumer Financial Protection Bureau’s consumer advisory board from 2015 to 2018. We have actively engaged with regulators and policymakers as part of our mission to improve lives and meet the needs of consumers and merchants, while ensuring compliance with applicable laws and regulations. Affirm is subject to regulatory supervision and oversight, both directly and indirectly, by way of our partnership with our originating bank partners and under federal and state laws and the laws of the states in which we operate. This also includes licensing in states that require licensing of our interest-free Pay in 4 product with no late fees, as well as servicing and collection licenses required of us and our vendors. For more information on our licenses, see: Licenses, Notices, and Related Disclosures. The laws to which we are or may be subject to include but are not limited to: • Truth-in-Lending Act and Regulation Z • California Consumer Privacy Act and other data • Section 5 of the Federal Trade Commission Act protection laws and regulations, such as the EU • Section 1031 of the Dodd-Frank Act General Data Protection Regulation • Equal Credit Opportunity Act and Regulation B • Holder Rule and equivalent state laws • Fair Credit Reporting Act, as amended by the Fair and • Electronic Fund Transfer Act and Regulation E Accurate Credit Transactions Act, and Regulation V • Electronic Signatures in Global and National Commerce Act • Fair Debt Collection Practices Act and Regulation F • Military Lending Act • The Telephone Consumer Protection Act • Servicemembers Civil Relief Act • Gramm-Leach-Bliley Act and Regulation P • The Coronavirus Aid, Relief, and Economic Security Act Many states and local jurisdictions have laws analogous to, or in addition to, the laws listed above. We support efforts, including regulation, that promote transparency for consumers while providing the choice to utilize flexible and transparent solutions to pay over time. We are committed to engaging with all stakeholders as we continue to increase access to responsible financial products and meet consumer and merchant needs in the future. 7