Blend Labs, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 18, 2026, the Board of Directors of Blend Labs, Inc. (the “Company”) approved the appointment of Lina Rivas as the Company’s Head of Accounting and principal accounting officer, effective September 21, 2026. Jason Ream, the Company’s Head of Finance and Administration, who has been serving as principal financial officer and principal accounting officer, will continue serving as the Company’s principal financial officer. Ms. Rivas, 41, previously served as the Vice President, Global Corporate Controller of Veritone, Inc., a provider of artificial intelligence computing solutions, from March 2025 until September 2026. From March 2023 until March 2025, Ms. Rivas served as Senior Director, Interim Controller and Senior Director, Accounting and Reporting at LegalZoom.com, Inc., an online platform for legal services. From August 2010 to February 2023, Ms. Rivas served in various roles at PricewaterhouseCoopers LLP, a professional services firm, most recently as Director, Audit Services. Ms. Rivas received a B.S. in Business Administration, Option in Accounting, Finance, from California State University, East Bay. There are no arrangements or understandings between Ms. Rivas and any other persons pursuant to which she was selected as Head of Accounting and principal accounting officer. There are no family relationships between Ms. Rivas and any director or executive officer of the Company and Ms. Rivas has no direct or indirect interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. In connection with Ms. Rivas’ appointment as Head of Accounting and principal accounting officer, the Company entered into an employment offer letter with Ms. Rivas which provides that Ms. Rivas will receive a base salary of $300,000 per year and will be eligible to receive an annual cash bonus with a target level of $75,000, based on achieving performance objectives established by the Company’s Board of Directors or its designated committee and subject to her continued employment through the payment date. In addition, Ms. Rivas will be granted an award of restricted stock units (“RSUs”) with respect to 530,000 shares of the Company’s Class A common stock (the “RSU Award”). 25% of the RSUs subject to the RSU Award will vest after 12 months of continuous service and the remaining 75% of the RSUs subject to the RSU Award will vest in equal quarterly installments over the next 36 months of continuous service. The Company intends to enter into its standard form of indemnification agreement with Ms. Rivas. A form of the indemnification agreement was previously filed by the Company as Exhibit 10.1 to its registration statement on Form S-1, as amended filed with the Securities and Exchange Commission on July 6, 2021.