Blend Labs (BLND) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on June 11, 2025, with voting available online, by phone, or by mail.

• Stockholders will vote on electing seven directors and ratifying PwC as the independent auditor for 2025.

• Only stockholders of record as of April 14, 2025, are entitled to vote.

• Proxy materials are primarily distributed via the Internet to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Proposals include electing seven directors and ratifying PwC as the independent auditor.

• Board recommends voting FOR all director nominees and FOR auditor ratification.

• Plurality voting applies for directors; majority required for auditor ratification.

• Stockholders may submit proposals for the 2026 meeting by December 29, 2025.

Board of directors and corporate governance

• Board consists of seven directors, five of whom are independent under NYSE rules.

• Nima Ghamsari, Head of Blend and Co-Founder, serves as Chair and controls a majority of voting power, qualifying the company as a “controlled company.”

• Board committees include Audit, Compensation, and Nominating and Corporate Governance, all with independent members.

• Board and committees held regular meetings in 2024, with high attendance.

• Insider trading and hedging policies are in place, with pre-approval required for certain transactions.