Investor Presentation - November 2026

3Q 2026 Investor Presentation

November 2026

INVESTOR PRESENTATION

Our business, products, members and operating model

COMPANY OVERVIEW

Oportun helps hardworking members borrow, save and build financial resilience

Select Financial Data

YTD26

A financial platform empowering its hardworking members

Responsible credit and savings products address access to affordable credit and the ability to build savings

• Serving responsible members with modest incomes and limited savings

• Member-first, omni-channel application and servicing

• Centralized technology and a fully automated risk engine

8M+ loans originated since 2005

$23.3B in credit extended since founding

1.4M members helped to build credit histories

Nasdaq: OPRT • borrowing + savings • automated decisions

$13.5B saved by Set & Save™ members since 2015

BORROW RESPONSIBLY • SAVE CONSISTENTLY • BUILD RESILIENCE

See Appendix for Key Definitions and non-GAAP reconciliation to the most comparable GAAP measure; numbers may not foot or cross due to rounding. 4

COMPANY MISSION

Mission

Empowering members to build a better future

Unsecured Personal Loans

Secured Personal Loans

Savings

Strong Customer Value Proposition

Proprietary Underwriting Engine

Comprehensive Physical and Digital Channels

Unique Servicing and Collections Capabilities

Award Winning Savings Product

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Low-to-moderate income individuals benefiting from responsible lending and effortless savings products

English and Spanish speaking customer base, seamlessly engaging with bilingual contact center team

Thin-file / no-file borrowers who are traditionally underserved

FINANCIAL HEALTH IN THE U.S.

53%

of U.S. households struggle with spending, saving, borrowing and planning(2)

would struggle to come up with

$1,000 in an emergency(3)

77%

57%

had bank-related account fees in the past year(4)

are not confident about their long-term financial goals(2)

of Americans do not feel that they are completely financially secure(1)

aren't completely satisfied with the amount of money they've saved(5)

See Appendix for Endnotes 6

CREDIT PRODUCTS

Secured Personal Loans

Personal installment loan product secured by an automobile, allowing members to access larger loan sizes

$6,674

$3,100 | $9,100

35 months

25 | 43 months

33.2%

Unsecured Personal Loans

Simple-to-understand, affordable, unsecured, fully-amortizing installment loans with fixed payments

$3,413

$1,000 | $5,000

27 months

19 | 34 months

36.2%

Use Case

Avg Loan Size

25th and 75th Percentile

Avg Term

25th and 75th Percentile

Weighted Avg APR

Data based on originations for the three-months ended September 30, 2026. 7

CUSTOMER VALUE PROPOSITION

$292

$2,393

$516

Payday Loans

Competitor Installment Loans

Cost of borrowing between $500-$1,500*

Positive social impact

1.4M

Credit histories established(6)

The Oportun cost advantage

5x competitor products are more expensive on average*

8x online-only payday loans are more expensive*

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* Based on the average cost of unsecured personal loans of $500 - $1,500 as determined by internal calculations using data from an external survey of competitor loans originated in 2025. See Appendix for Endnotes

UNDERWRITING

100% centralized and automated underwriting

AI-enhanced model architecture

Integrates alternative, cash-flow and bureau signals; V13 in 2026 adds early-default models and five new data sources.

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THREE UNDERWRITING DIMENSIONS

Alternative Data Score Scores 100% of customers-including no-hits and non-scorables-using bank transaction, rental and cell-phone payment data.

Income verification + ability-to-pay Uses income and cash-flow signals to support approval and loan amount decisions.

Custom-built bureau score Improves accuracy for thin-file customers using a model built for Oportun's member base.

AI/ML models continuously learn from credit, fraud and transaction signals

1,000+ end nodes

Precision in approval, decline and loan amount decisions

3 independent frameworks

Very fine gradations of credit risk

30+ alternative data sources

Ongoing learning as new data sets are added

Bank transaction data

Improves underwriting, marketing and servicing

Built to adapt quickly as the credit environment changes

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GEOGRAPHIC FOOTPRINT

22 Payment channels Virtual and Onsite

supported contact centers

123 Physical Store locations in the US

41 states where loans are available

8 states where Oportun has physical stores

Oportun's Headquarters in San Mateo, CA

Physical store locations

Mobile access via Oportun's app

Based on data as of September 30, 2026. 10

ORIGINATIONS AND SERVICING

55% of applicants used more than one channel; 79% used mobile / digital during their application

Loan origination channels • 3Q26*

Retail + partners

Contact centers

Mobile / digital

123 retail + 460 partner locations

500+ team members

Award-winning app + online

• Retail footprint: locations across eight states

• Partner network: 460 Lending-as-a-Service locations

• Partner brands: DolFinTech and Western Union

• Application support: assistance throughout the loan process

• Member engagement: 500+ team members also market products

• Scale: two contact centers in Mexico

• Digital journey: mobile and online experiences optimized for conversion

• Channel role: 79% used mobile / digital during their application

• Cross-channel use: digital participation even when an application begins in retail or a contact center

* Based on loan originations for the three months ended September 30, 2026 11

ORIGINATIONS AND SERVICING

~62,000

91% of payments were received via debit or ACH, complemented by more than 100K partner payment locations

Payment channels • 3Q26*

How members pay

More than 100K partner payment locations

77%

ACH

Debit

In-Store

Partner

14% 7%

2%

~23,000

~30,000

* Based on payments received for the three months ended September 30, 2026 12

AUTOMATED SAVINGS

Problem

53%

of U.S. consumers would struggle to come up with

$1,000 in the event of an emergency(3)

Solution

A.I.-driven saving

that helps members effortlessly save toward their goals

Impact

$13.5B+

saved for members since 2015

See Appendix for Endnotes

according to Bankrate 9 Best Money-Saving

Apps of 2025

Excellent Personal Finance Apps according to Forbes

7 Personal Finance Apps For Simplifying Your Money

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INVESTOR PRESENTATION

The initiatives guiding execution and long-term value creation

MARKET OPPORTUNITY AND DIFFERENTIATED CAPABILITIES

A large addressable market and differentiated capabilities

ADDRESSABLE MARKET

Total addressable market*

DIFFERENTIATED CAPABILITIES

42M

Latino*

77M

Non-Latino*

BILINGUAL BY DESIGN

Products and services offered in English and Spanish, across all channels

20 YEARS OF DATA SCIENCE INNOVATION

Proprietary data advantage, pioneers in alternative data and machine learning usage towards underserved communities

OMNI-CHANNEL PRESENCE

123 retail locations, ~460 LaaS locations and 1,000+ agents, mobile app with 4.7 out of 5 Apple Store Rating

CAPITAL MARKETS ACCESS

55 unique ABS investors and 5 warehouse facilities

1.1M

Active Members

U.S. adult population+

Oportun Forward strategic opportunity:

Better product fit Stronger conversion

Better economics

Greater capacity for responsible growth

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* TAM (total addressable market) starts with the total U.S. adult population and excludes individuals who do not meet our risk approval criteria or do not have a need for our products. Our estimate of 119M U.S. addressable consumers is based on internal analyses and assumptions that may prove incorrect. The estimate is forward-looking, inherently uncertain, and does not account for competitive, regulatory, or technological developments that may limit the market we can serve. Actual market size and our ability to capture any portion of it may differ materially from our estimates. TAM is not a forecast of our revenue, growth, or market share. Latino/non-Latino TAM breakout reflects internal estimates based on Spanish-surname. Classification is not based on self-reported ethnicity and may misclassify individuals in either group.

+ U.S. Census data as of 2025.

STRATEGY

Forward

Our mission: Empower members to build a better future

THREE STRATEGIC PRIORITIES

Designed to accelerate our mission and enhance shareholder value over time

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MEMBER STABILITY

U.S. BANK ACCOUNTS

of loans disbursed to U.S. bank accounts+

EMPLOYMENT STABILITY 5.7 years on average with the same employer

RESIDENTIAL STABILITY 6.5 years on average at the same residence

Figures reflect member attributes for loans originated during 3Q26.

* Active loans as of 9/30/26. 17

+ No loans are disbursed to non-U.S. bank accounts.

NEW MEMBER UNDERWRITING

Oportun now adding new lower-risk members at a more sustainable pace without affiliate lead generation sourcing; risk-based pricing reintroduced in 3Q26

New member loan volume ($M)*

$1,145M

Retail / Contact Center

Online - Affiliate Lead Generation Online - Organic Lead Generation

88%

12%

$654M

72%

$306M

50%

32%

18%

56%

44%

$559M

3Q25-3Q26

Disciplined New Member Growth

Bad rate+ ~5%

1% of Portfolio > 36% APR†

*Volume is for unsecured personal loans and secured personal loans.

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+Bad rate defined as the dollar percentage of loans that become 30+ days delinquent or are charged off within six months of origination. Disciplined New Member Growth bad rate calculated using only loans in the cohort that have reached six months of seasoning.

†Risk-based pricing, including certain loans above 36% APR, returned in 3Q26.

CREDIT PERFORMANCE

NCO RATE* 30+ DAY DELINQUENCY RATE*

(121) bps

(139) bps

10.6%

((6611))bbppss

4.1%

4.7%

3Q25 2Q26 3Q26

3Q25 2Q26 3Q26

* See Appendix for definition of Annualized Net Charge-Off Rate and 30+ Day Delinquency Rate; numbers may not foot or cross due to rounding. 19

Performance, profitability and capital priorities

INVESTOR PRESENTATION