X0206 3 2021-07-15 0 0001855747 Blend Labs, Inc. BLND 0001366050 Mhatre Ravi 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001366048 Eggers Barry 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001366051 Nieh Peter 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 Class A Common Stock 1083333 I By Lightspeed Venture Partners IX, L.P Class A Common Stock 1492537 I By Lightspeed Venture Partners Select, L.P. Class B Common Stock Class A Common Stock 463061 I By Lightspeed Venture Partners IX, L.P Series A Preferred Stock Class B Common Stock 7606645 I By Lightspeed Venture Partners IX, L.P Series B Preferred Stock Class B Common Stock 3856742 I By Lightspeed Venture Partners IX, L.P Series B-1 Preferred Stock Class B Common Stock 2724414 I By Lightspeed Venture Partners IX, L.P Series D Preferred Stock Class B Common Stock 1684160 I By Lightspeed Venture Partners IX, L.P Series C Preferred Stock Class B Common Stock 2870685 I By Lightspeed Venture Partners Select, L.P. Series D Preferred Stock Class B Common Stock 1684160 I By Lightspeed Venture Partners Select, L.P. Series E Preferred Stock Class B Common Stock 2261500 I By Lightspeed Venture Partners Select III, L.P. Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Class A Common Stock as currently named will be reclassified into one share of Class B Common Stock and each share of Class B Common Stock as currently named will be reclassified into one share of Class A Common Stock. This Form 3 assumes all shares have been renamed as if such reclassification has already occurred. Shares are held by Lightspeed Venture Partners IX, L.P ("Lightspeed IX"). Lightspeed General Partner IX, L.P. ("LGP IX"), is the general partner of Lightspeed IX. Lightspeed Ultimate General Partner IX, Ltd. ("LUGP IX") is the general partner of LGP IX. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP IX and share voting and dispositive power with respect to the shares held by Lightspeed IX. Messrs. Eggers, Mhatre, and Nieh disclaim beneficial ownership of the shares held by Lightspeed IX except to the extent of their respective pecuniary interests therein. Shares are held by Lightspeed Venture Partners Select, L.P. ("Lightspeed Select"). Lightspeed General Partner Select, L.P. ("LGP Select") is the general partner of Lightspeed Select. Lightspeed Ultimate General Partner Select, Ltd. ("LUGP Select") is the general partner of LGP Select. Barry Eggers, Jeremy Liew, Ravi Mhatre and Peter Nieh are the directors of LUGP Select and share voting and dispositive power with respect to the shares held by Lightspeed Select. LGP Select, LUGP Select and Messrs. Eggers, Liew, Mhatre and Nieh disclaim beneficial ownership of the shares held by Lightspeed Select, except to the extent of their respective pecuniary interests therein. Each share of Series A Preferred Stock, Series B Preferred Stock. Series B-1 Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock will convert into Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Shares are held by Lightspeed Venture Partners Select III, L.P. ("Lightspeed Select III"). Lightspeed Ultimate General Partner Select III, Ltd ("LUGP Select III") is the general partner of Lightspeed Select III. Barry Eggers, Jeremy Liew, Ravi Mhatre, and Peter Nieh are the directors of LUGP Select III and share voting and dispositive power with respect to the shares held by Lightspeed Select III. LUGP Select III and Messrs. Eggers, Liew, Mhatre and Nieh disclaim beneficial ownership of the shares held by Lightspeed Select III, except to the extent of their respective pecuniary interests therein. /s/ Ravi Mhatre 2021-07-15 /s/ Barry Eggers 2021-07-15 /s/ Peter Nieh 2021-07-15