Blend Labs, Inc. announced that on January 10, 2023, the Board appointed Amir Jafari as the Company's new Head of Finance and Administration, such appointment to be effective upon Mr. Jafari's employment commencement date at the Company, which is expected to be on or around January 30, 2023. Mr. Jafari will initially serve as Head of Administration and assume the role of Head of Finance and principal financial officer of the Company following the filing of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2022. Mr. Jafari, 44 years old, served as Chief Financial Officer of Plastiq Inc., a financial technology company, from 2021 until 2023.

Mr. Jafari previously served as the Chief Financial Officer for Reputation.com, a customer experience management company, from 2020 to 2021. From 2015 until 2020, Mr. Jafari served as a Sr. Director of Accounting Operations, Vice President of Finance & Corporate Controller and finally Vice President and General Manager of the Finance and Legal business at ServiceNow, Inc., a cloud computing software company. From 2010 until 2015, Mr. Jafari served as Director of Finance (Sales) and Senior Director of Finance and Assistant Controller at Atmel Corporation, a semiconductor company.

Mr. Jafari started his career in 2000 and served companies spanning distribution, consumer electronics and semiconductor industries. Mr. Jafari received a B.A. from San Diego State University and an M.B.A. from San Jose State University. On January 9, 2023, Marc Greenberg notified the Company of his intention to step down as Head of Finance of the Company, and as the Company's principal financial officer under Section 16a-1(f) of the Exchange Act, effective following the filing of the 2022 Form 10-K. Mr. Greenberg's last day of employment with Blend is expected to be April 1, 2023.