X0306 4 2022-08-16 0 0001433195 APPFOLIO INC APPF 0000938332 BLISS TIMOTHY K C/O IGSB, INC. 1485 E. VALLEY ROAD, SUITE H SANTA BARBARA CA 93108 1 0 0 0 Class A Common Stock 2022-08-16 4 S 0 4065 110.01 D 5263 D Class A Common Stock 2022-08-16 4 S 0 1636 110.71 D 3627 D Class A Common Stock 2022-08-16 4 S 0 1 111.42 D 3626 D Class A Common Stock 2022-08-17 4 S 0 3218 108.65 D 408 D Class A Common Stock 2022-08-17 4 S 0 408 109.42 D 0 D Class A Common Stock 13072 I By IGSB IVP III, LLC This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $109.30 to $110.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $110.41 to $111.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $108.24 to $109.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $109.28 to $109.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These Class A Shares are owned by IGSB IVP III LLC, a private investment fund managed by Investment Group of Santa Barbara LLC ("IGSB"). The Reporting Person is one of the members of IGSB and may be deemed to share voting and dispositive power with IGSB and its other members over these Class A Shares. However, the Reporting Person disclaims beneficial ownership of these Class A Shares, except to the extent of any pecuniary interest he may have therein. Timothy K. Bliss, By: /s/ Kimberly Shea, Attorney-in-Fact for Timothy K. Bliss 2022-08-18