Form SC 13G Blend Labs, Inc. Filed by: Temasek Holdings (Private) Ltd

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

NAMES OF REPORTING PERSONS

Temasek Holdings (Private) Limited

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Singapore

NUMBER OF SHARES

BENEFICIALLY   OWNED BY

EACH

REPORTING PERSON

WITH:

SOLE VOTING POWER

0

SHARED VOTING POWER

11,875,773

SOLE DISPOSITIVE POWER

0

SHARED DISPOSITIVE POWER

11,875,773

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,875,773

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.5%⁽¹⁾

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

HC

Based on 217,023,030 shares of the Issuer’s (as defined herein) Class A common stock outstanding as of November 7, 2021, as set forth in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission (the “Commission”) on November 15, 2021.

NAMES OF REPORTING PERSONS

Fullerton Management Pte Ltd

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Singapore

NUMBER OF SHARES

BENEFICIALLY   OWNED BY

EACH

REPORTING PERSON

WITH:

SOLE VOTING POWER

0

SHARED VOTING POWER

11,875,773

SOLE DISPOSITIVE POWER

0

SHARED DISPOSITIVE POWER

11,875,773

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,875,773

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.5%⁽¹⁾

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

HC

Based on 217,023,030 shares of the Issuer’s Class A common stock outstanding as of November 7, 2021, as set forth in the Issuer’s quarterly report on Form 10-Q filed with the Commission on November 15, 2021.

NAMES OF REPORTING PERSONS

Hotham Investments Pte. Ltd.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Singapore

NUMBER OF SHARES

BENEFICIALLY   OWNED BY

EACH

REPORTING PERSON

WITH:

SOLE VOTING POWER

0

SHARED VOTING POWER

11,875,773

SOLE DISPOSITIVE POWER

0

SHARED DISPOSITIVE POWER

11,875,773

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,875,773

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.5%⁽¹⁾

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

HC

Based on 217,023,030 shares of the Issuer’s Class A common stock outstanding as of November 7, 2021, as set forth in the Issuer’s quarterly report on Form 10-Q filed with the Commission on November 15, 2021.

NAMES OF REPORTING PERSONS

Ossa Investments Pte. Ltd.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Singapore

NUMBER OF SHARES

BENEFICIALLY   OWNED BY

EACH

REPORTING PERSON

WITH:

SOLE VOTING POWER

0

SHARED VOTING POWER

11,875,773

SOLE DISPOSITIVE POWER

0

SHARED DISPOSITIVE POWER

11,875,773

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,875,773

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.5%⁽¹⁾

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

CO

Based on 217,023,030 shares of the Issuer’s Class A common stock outstanding as of November 7, 2021, as set forth in the Issuer’s quarterly report on Form 10-Q filed with the Commission on November 15, 2021.

Name of Issuer:

Address of Issuer’s Principal Executive Offices:

Name of Person Filing:

Temasek Holdings (Private) Limited (“Temasek”);

Fullerton Management Pte Ltd (“Fullerton”);

Hotham Investments Pte. Ltd. (“Hotham”); and

Ossa Investments Pte. Ltd. (“Ossa” and, together with Temasek, Fullerton and Hotham, the “Reporting Persons”)

Address of Principal Business Office or, if none, Residence:

Citizenship:

Title of Class of Securities:

CUSIP Number:

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Ownership.

Amount beneficially owned:

Percent of class:

Number of shares as to which the person has:

Sole power to vote or to direct the vote:

Shared power to vote or to direct the vote:

Sole power to dispose or to direct the disposition of:

Shared power to dispose or to direct the disposition of:

Ownership of Five Percent or Less of a Class.

Ownership of More than Five Percent on Behalf of Another Person.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Identification and Classification of Members of the Group.

Notice of Dissolution of Group.

Certification.

/s/ Jason Norman Lee

/s/ Gregory Tan

/s/ Lim Ming Pey

/s/ Lim Ming Pey

Exhibit No.

Description

/s/ Jason Norman Lee

/s/ Gregory Tan

/s/ Lim Ming Pey

/s/ Lim Ming Pey