Class A Common Stock, $0.0001 par value

BuzzFeed, Inc.

229 West 43rd Street, New York, NY, 10036

New Enterprise Associates 13, L.P. ("NEA 13"); NEA Partners 13, L.P. ("NEA Partners 13"), which is the sole general partner of NEA 13; and NEA 13 GP, LTD ("NEA 13 LTD" and together with NEA Partners 13, the "Control Entities"), which is the sole general partner of NEA Partners 13; and Forest Baskett ("Baskett"), Patrick J. Kerins ("Kerins") and Scott D. Sandell ("Sandell") (together, the "Directors"), and Anthony A. Florence, Jr. ("Florence") and Mohamad H. Makhzoumi ("Makhzoumi"). The Directors are the directors of NEA 13 LTD. Florence, Makhzoumi and Sandell are each a member of the Executive Committee of NEA Management Company, LLC (the "Executive Committee"). The persons named in this Item 2 are referred to individually herein as a "Reporting Person" and collectively as the "Reporting Persons."

The address of the principal business office of NEA 13, each Control Entity, Kerins and Sandell is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal business office of Baskett and Makhzoumi is New Enterprise Associates, 2855 Sand Hill Road, Menlo Park, CA 94025. The address of the principal business office of Florence is New Enterprise Associates, 104 5th Ave., 19th Floor, New York, NY 10011.

The principal business of NEA 13 is to invest in and assist growth-oriented businesses located principally in the United States. The principal business of NEA Partners 13 is to act as the sole general partner of NEA 13. The principal business of NEA 13 LTD is to act as the sole general partner of NEA Partners 13. The principal business of each of the Directors and the Executive Committee is to manage the Control Entities, NEA 13 and a number of affiliated partnerships with similar businesses.

During the five years prior to the date hereof, none of the Reporting Persons has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

NEA 13 and NEA Partners 13 are exempted limited partnerships organized under the laws of the Cayman Islands. NEA 13 LTD is an exempted company organized under the laws of the Cayman Islands. Each of the Directors is a United States citizen. Each of Florence and Makhzoumi is a United States citizen.

As of May 27, 2025, Kerins is the record owner of 55,712 shares of Class A Common Stock. No other Reporting Person holds any shares of Class A Common Stock. The percentage of outstanding Class A Common Stock of the Issuer which may be deemed to be beneficially owned by each Reporting Person is set forth on Line 13 of such Reporting Person's cover sheet. Such percentage was calculated based on 37,181,861 shares of Class A Common Stock reported by the Issuer to be outstanding as of May 6, 2025, on the Issuer's Form 10-Q filed with the Securities and Exchange Commission on May 8, 2025, reduced by the number of shares of Class A Common Stock repurchased under the Repurchased Agreement.

Regarding the number of shares as to which such person has: (i) sole power to vote or to direct the vote: See line 7 of cover sheets (ii) shared power to vote or to direct the vote: See line 8 of cover sheets (iii) sole power to dispose or to direct the disposition: See line 9 of cover sheets (iv) shared power to dispose or to direct the disposition: See line 10 of cover sheets.

See the description of the transactions contemplated by the Repurchase Agreement described under Item 4, which is incorporated by reference herein. Other than as described above, Schedule A attached hereto as Exhibit 2 describes all transactions in the Issuer's Class A Common Stock that were effected by the Reporting Persons since the filing of Amendment No. 4.

No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, Common Stock beneficially owned by any of the Reporting Persons.

Each of the Reporting Persons has ceased to beneficially own five percent or more of the Issuer's Common Stock as of May 23, 2025.