On May 4, 2023, Blend Labs, Inc. announced that Manish Gupta, Controller and principal accounting officer of Blend, stepped down as Controller and principal accounting officer of Blend, effective immediately. Mr. Gupta's departure is not the result of any disagreement between Mr. Gupta and the Company, or any matter relating to the Company's financials, operations, policies or practices. The Board of Directors of Blend (the “Board”) appointed Amir Jafari, the Company's current Head of Finance and Administration and principal financial officer as the Company's principal accounting officer effective upon Mr. Gupta's departure.

Mr. Jafari's biographical and other information is included in the Company's Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 1, 2023. Mr. Jafari's compensation is not expected to change in connection with these additional duties and responsibilities.