#1DrivenBrands Investor Presentation November 2021 Presentation is confidential. Please see important disclosure. 20210, Driven Brands, All Rights Reserved.#2Driven Brands Forward-Looking Statements and Disclaimer This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, our management may make forward-looking statements orally to analysts, investors, representatives of the media and others. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "plan," "possible," "potential," "predict," "project," "should," "target," "will," "would” and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this presentation, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management, and expected market growth are forward-looking statements. In particular, forward-looking statements include, among other things, statements relating to: (i) our strategy, outlook and growth prospects; (ii) our operational and financial targets and dividend policy; (iii) general economic trends and trends in the industry and markets; and (iv) the competitive environment in which we operate. Forward-looking statements are not based on historical facts but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date the statements are made. Driven Brands Holdings Inc. (the "Company") assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances or other changes affecting forward-looking information except to the extent required by applicable securities laws. For more information about factors that could cause actual results to differ materially from expectations, refer to the "Forward-Looking Statements" and "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 26, 2020, as supplemented by the Company's Quarterly Reports on Form 10-Q for the quarter ended June 26, 2021 and September 25, 2021. This presentation also contains references to earnings before interest, taxes, depreciation and amortization on an adjusted basis ("Adjusted EBITDA"), ("Adjusted Net Income"), and ("Acquisition Adjusted EBITDA") and other measures that are not based on accounting principles generally accepted in the United States ("GAAP"), or non- GAAP financial measures. Management believes these non-GAAP financial measures are useful because they enable management, investors, and others to assess the operating performance of the Company and its segments. These non-GAAP financial measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. The non-GAAP financial measures used by the Company may differ from the non-GAAP financial measures used by other companies. Refer to the Appendix section for definitions of these terms and reconciliations to the most comparable GAAP measures. 2#3DRVN Nasdaq Listed 3#4Executive Management Team JONATHAN FITZPATRICK President, Chief Executive Officer and Director DANNY RIVERA EVP and Group President, Maintenance AutoNation TIFFANY MASON EVP, Chief Financial Officer JOHN TEDDY EVP and President, Car Wash North America BANK OF AMERICA SCOTT O' MELIA BURGER KING EVP, General Counsel and Secretary TRACY GEHLAN EVP and President, Car Wash International FORMER EMPLOYERS (GE DEPOT THE HOME MATT MEIER EVP, Chief Digital and Data Officer MICHAEL MACALUSO EVP and Group President, Paint, Collision & Glass LOWE'S Driven Brands DENNIS ELLIOTT EVP, Development and M&A KYLE MARSHALL EVP and Group President, Platform Services Whirlpool CORPORATION#5DREAM BIG. WORK HARD. Fun We work hard, celebrate our success and never forget to thank people. Integrity Integrity is important in everything we do with all our stakeholders. Results Driven Meritocracy Our Values Inclusive We foster teamwork and diversity of thought. Meritocracy We reward results and performance; not just hard work. DrivenBrands Bold We encourage calculated risk-taking and courage to overcome challenges. 5#6Our Priorities Invest in high-growth, high-quality businesses Innovate to meet the evolving needs of our customers Optimize lower growth businesses for maximum cash generation Use M&A to accelerate growth Driven Brands Drive strong results and returns for all stakeholders 6#7Built the Largest Automotive Services Company in North America Meineke and Maaco merge, forming Driven Brands 2008 Fitzpatrick joins as CEO 2012 2015 Added Distribution and Collision Businesses 2016 Added Quick Lube Business Data Infrastructure Developed 2018 2019 Added Glass Business Driven Brands 2020 DRVN IPO 2021 Added Car Wash Business 7#8Proven Track Record DrivenBrands 8#9System-wide Sales $1.4B 2015 3x $4.3B LTM Q3 2021 S DrivenBrands 9#10Revenue $0.2B 2015 7x $1.4B LTM Q3 2021 S DrivenBrands 10#11Adjusted EBITDA $53M 2015 6.5x $343M LTM Q3 2021 DrivenBrands 11#12Cumulative Cash Flow $53 2015 $124 2016 $195 2017 $287 Cash Flow is defined as Cumulative Adj. EBITDA Less Cumulative Maintenance Capex 2018 (In Millions) $404 2019 $602 2020 DrivenBrands 12#13Dream Big Plan The road to at least $850M in Adj. EBITDA by 2026 DrivenBrands 13#14Driven Brands Our Proven Playbook with Organic and M&A Growth Leads to At Least $850M in Adj. EBITDA $350 $214+ 2021 Guide Organic Growth Adj. EBITDA (in Millions) $250+ M&A $55+ Compounded M&A Growth $850+ 2026 14#15Organic Growth Algorithm $350 2021 Guide Adj. EBITDA (in Millions) 10%+ CAGR $564+ 2026 DrivenBrands 15#16M & A Layer $250M Pre-Synergy Acquired EBITDA Over 5 Years Past 3 Years Averaged $74M Annually of Pre-Synergy Acquisition EBITDA $50 2022 Acquired Adj. EBITDA (in Millions) M&A Compounded M&A Growth Assumes 10% Annual Growth on Acquired EBITDA 57% CAGR $305 $55 $250 2026 ■Compounded M&A Growth DrivenBrands 16#17And This Growth Has Upside Base Case Upside Organic Growth Same-store Sales 2% SSS 4% Historical Average Data Commercialization Store Growth 5% Net Store Growth ~1,200 Stores Over 5 Years Growing Pipeline Visibility to 1,000+ Stores Today Over 4 Years Driven Brands M&A None $250M Pre-Synergy EBITDA Synergies and Growth 17#18Driven Brands Same-Store Sales 18#19Needs-based Services Drive Consistent SSS Great Recession 1% 1% 5% 5% 1% 4% 6% 5% 4% 2% 5% 5% Driven Brands COVID -6% 17% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 YTD Q3 2021 +4% 19#20PR NEUTRAL FEET OFF PEDALS PIES DE PEDALES D 2 HANDS OFF MANOS FUERA WASH Driven Brands » » SSS Drivers >>> Industry Growth » Commercial Partnership Expansion » -$90M Annual Marketing Fund » Car Wash Subscription Model Ramp in New Store Volumes Data Commercialization and Digital Experience 20#21[SET-011 01521112-454 www 45151.124 000 100000 <syp<b thFF & Ival >>> sys-crub [= CFF&to aktivovat Central zone) >>0x10 <Gravity SHexbigh-OFF the probablity of collision >> 0x001 0.29 0.35 0.38 0.72 0.24 0.24 Data and Digital 2500 5000 10000 12500 15000 17500 6520 145 56.524 555 44.221 34 5678 2244 55.62 00:12 42145 20000 8877 12441 4321.12 5512 7.772 4992 82.2211 666.6 24 0202 0555 9090 2.4 2450 1.22451 00.2 6241 6524 145 56.524 555 44.221 2244 55.62 74.663:52 0.24 44 0.24 Driven Brands 21#22Our Data is Just Getting Started WE ARE HERE Commercialization Journey mmill Step 1: Grow our Data and Digital Core IN Step 2: Expand DRVN Platform Build the Most Trusted and Complete Car Care Ecosystem DrivenBrands il. AD Step 3: Create Auto Services Ecosystem 22#23Meet `Mary' - A Take 5 Loyalist Demographics Mary is female 40 years old, single with 2 kids Renter w/ HHI of $75K Drives a 10-year old Ford Fusion w/ 90K miles Psychographics Not an automobile expert Values transparency in service Does not want to feel pressured or up-sold Values her and her family's time Purchase Behavior Highly loyal, high LTV customer ($245 LTV-profit) Lives 2 miles away from a Take 5 6 trips over 3 years Lives just as close to 2 competitors Upgraded to high mileage oil on last trip Low purchase rate on attachments Low promo usage Low pricing sensitivity Receives 1-2 emails each month (26 total over 3 years) PES TIF DrivenBrands Vehicle Data Segment: Non-Luxury Traditional Mid-Size Trim Level: S Body Style: Sedan Door Count: 4 Fuel Type: Gas Cylinders: 4 Engine Displacement (cubic centimeters): 2,491 Liters: 2.5L Engine Code: A Fuel System: Sequential Fuel Injection Drive: FWD 23#24Mary Increased Spend by $2,200+ With $0 Cost of Acquisition SO Manco THE STAY IN YOUR CAR 10 MINUTE OIL CHANGE. LEAVE DINGS, DENTS, AND SCRATCHES IN THE REARVIEW EXCLUSIVE DEAL FOR TAKE 5 OIL CHANGE CUSTOMERS Are you in need of a fresh paint job or a cosmetic car repair? As a valued Take 5 customer, you are eligible for alimited time offer when you visit our partner, Nasco, through June 1st That's right, you can save $100 on your next purchase at Manco While Take Sfocuses on keeping your vehicleruming smohly, Maxco is fouedan delivering high quality aut body shop services to keep your vehicle looking great. Geran online strate or book your appointment today! Maaco Maaco $100 OFF MNUR PURCHASE OF GET ONLINE ESTIMATE o 3:00 Serview net CMS by Orice pent de cured londonk. Expirat 4/1/201 BOOK APPOINTMENT Take 5Cl Change and Maaco are con part of the Even daly of automotive services compares Diver Brands has over 4,000 locations worldwide to serve your automotive needs. Al Maaco locations and some Take 50 Change locations are independently owned and operated by franchisees GAAND Turn the vehicle you drive back into the vehicle you love. FREE AUTO REPAIR & PAINT ONLINE ESTIMATOR TOOL ARAOK 2 email reminders later Driven Brands Maaco ESTIMATES Authorized Work: $2,245 Cost of Acquisition: $0 5-week duration 1st touch to conversion 24#25Increasing Customer Wallet Share -15 Customer Touchpoints a Year Car Wash Maintenance and Repair Paint 6-10x 1-2x Oil Change 2-3x Glass Body - 1x DrivenBrands Cross-Marketing Potential Driven services in current footprint: $700M incremental sales 25#2620 Million Marys and Growing... Expected to grow to 35 Million by 2026 CH 20M Customers KISHIE C 20 2021 23 2022 Unique Customers (in Millions) 26 2023 29 12% CAGR DrivenBrands 2024 32 2025 35 2026 26#27Building Loyalty Across the Portfolio 闺 VIP We Know: Consumers value bundling • <10% participate in automotive loyalty programs ● -80% find the concept appealing ● ● Consumers Are Particularly Interested In: • Driven Brands VIP bundles • Personalized maintenance plans & diagnostics. ● Real-time quotes Access to other car-related services Driven Brands TAKE 5 OIL CHANGE Maaco AMERICA'S BODYSHOP™ CARSTAR. Collision & Glass Service I I Driven Brands TAKE 5 CAR WASH meineke Driven Glass DRVN is uniquely positioned given our Scale, Data, and Portfolio of Brands 27#28SPACHANGE TAKE 5 DRIVE THRU OIL CHANGE TORRENT Store Growth EXIT 28#29Multiple Avenues for Store Growth SOUTH Driven Brands errr Franchise It Build It (Greenfield) Buy It (Tuck-in M&A) 29#30TAKE 5 Fastest Growing Concepts OIL CHANGE Franchised Greenfield Tuck-in M&A DRIVE THRU 5,600 Stores of White Space in North America ESE CAR WASH Greenfield Tuck-in M&A TAKE 5 CAN WP Driven Brands TAKE 5 CAR WASH ENTRANCE 3086 2,300 Stores of White Space In North America i30#31Car Wash: Fast, Friendly, Simple Company-Operated Car Wash Economics -$1M Initial Net Investment 39% 1 $1M AUV Achieved in 30 months Cash-on-Cash Returns DrivenBrands 37% 4-Wall EBITDA Margins -$400k 4-Wall EBITDA TEXAS NNN-5149 31#32Take 5: Fast, Friendly, Simple Company-Operated Quick Lube Economics $650k Initial Investment 65% Cash-on-Cash Returns FASTEST OIL CHANGE ON THE PLANET Castrol 900 $1M AUV Achieved in 30 months BEEM U SAUNAMAITS TAKE 5 LERINES 5221 Driven Brands 38% 4-Wall EBITDA Margins -$400k 4-Wall EBITDA see important disclosure TAKE#33Strong Returns Attract Franchisees Franchise Cash-on-Cash Returns Source: 2020 FDDs 31% planet fitness 36% Domino's 37% WING STO REPERTO 44% TAKE 5 OIL CHANGE DrivenBrands 33#34Robust Pipelines Totaling Over 1,000 Stores FRANCHISE PIPELINE Commitments to Open Sites As of Q3 2021 Approved Sites / LOI Sites Secured Under Construction 115 800 Stores TOTAL PIPELINE 129 48 48 508 163 292 800 GREENFIELD PIPELINE Approved Sites / LOI Sites Secured Under Construction 220 Stores TOTAL PIPELINE 120 65 DrivenBrands 35 35 155 220 34#35Accelerated Market Share Gains By Deploying All Three Avenues for Growth Tampa Market Store Count 15 14 2016 QL Greenfield 40 6 QL Tuck-in M&A 19 15 Q3 2021 QL Franchised ICWG 16 2016 DrivenBrands Dallas Market Store Count CW Greenfield 72 6 11 16 36 Q3 2021 CW Tuck-in M&A 35#36Co-Development Drives Synergies OLCHANGE TAKE OIL CHANGE 5 CAR WASH EXIT ONLY Driven Brands TAKE 5 CAR WASH 36 CAR WASH#37Rigorous Capital Allocation for High Returns Deal Summary Financial Model Yr 1 Sales Financial Model Yr 5 Sales Return / Payback Period Lease Capital Expenditure Take 5 KPIs Site Visibility Traffic Residential Population Area Draw Competition in 3 Miles. Driven Brands Car Wash KPIs Area Draw Cars/Conveyor Site Visibility Traffic Relative Med. Home Values Goal: Own the Best Real Estate in the Best Markets 37#38M&A is a Core Competency 20 OO O 05 O 00 O C O DO O ⒸO C 60 DrivenBrands 38#39Our Approach to M & A 1 2 3 Can we make the asset better and can it make us better? Can we underwrite growth? We use pattern recognition to win Every asset we've acquired has grown under Driven's ownership TAKE 5 CAR WASH We unlock opportunities in: Data DTC Marketing Procurement ULINE Fleet Real Estate Market Planning 39#40We're Not Waiting for Opportunities, We Find Them 10 Dedicated M&A Staff Convert 1 out of 4 NDAS CRM: 8,700+ Sites ~200 Attributes/Site Strong Reputation Efficient Due Diligence Caring for Employees Strong Close Rate = 1,000 Calls per Month 60% of Deals are Proprietary 40#41Take 5 Growth Since Acquisition System-wide Sales (in Millions) $565 $43 At Acquisition Adj. EBITDA (in Millions) $10 13x At Acquisition 13x LTM Q3'21 $134 LTM Q3'21 62 Stores At Acquisition 21 11x Development Pipeline At Acquisition 29x 653 139 143 371 Q3'21 615 511 104 Q3'21 Driven Brands Franchised Greenfield Tuck-in M&A 41#42We're Just Getting Started with Car Wash System-wide Sales (in Millions) $445 $339 At Acquisition LTM Q3 '21 Wash Club Members + 80% Q3 '21 vs. Acquisition +31% Segment Adj. EBITDA (in Millions) $95 At Acquisition +48% $141 LTM Q3 '21 939 At Acquisition Units 0 At Acquisition +8% 1,018 2 1,016 Development Pipeline Q3 '21 120 Driven Brands Q3 '21 Greenfield Tuck-in M&A 42#43FUTURE START DrivenBrands We're Excited About the Future of Auto Services 43#44Change is Good for Driven Brands I ((₁) (")) Driven Brands Poda ||| 44#45"YOU STAY IN YOUR CAR" Castrol T Current Estimates Suggest Quick Lube Market Grows through 2035+ Projected Vehicle Sales and Market Size (in Millions) Battery Electric Vehicles (BEVS) Internal Combustion Engine Vehicles (ICE) Vehicles in Operation (VIO) BEV % VIO Quick Lube Market (in Billions) ● ● ● 2021 2026 2030 2035 ● 1 282 283 0% 14 39 286 282 266 300 321 5% 92 14% Sources: VIO projection from Federal Highway Administration Population Growth projection from Census (assumes <1% Growth /year) 358 34% $7.0 $7.8 $8.3 $8.7 QL Market based on Auto Care Factbook + 2% inflation per ICE annually BEV Actuals from Bureau of Transportation Statistics assuming growth in new car sales by 5% annually 45#46Driven Will Be Ready • Best real estate • Loyal, trusting customers • Eye to the future • Proven ability to adapt Arbys IMAX Academy TORTORONatid TJ-Max Northwest Arkansas Mall BEST BUY Walmart IM! HOME DEPOL RED LOBSTER BISCOUNT YIRE 38.331 VPD . Driven Brands LOWE'S Ciuper petco URAL 32,305 VPD 46#47Continuous Improvement... Current Success Take 5 Emissions Testing Driven Collision Central Desk Review Driven Call Center Spire Supply International Car Wash Wider Tracks DrivenBrands Future Projects Bundles at Take 5 Market Place Buy Now, Pay Later License Plate Readers at Car Wash US 47#48Dream Big Plan Bringing it all Together... DrivenBrands 48#49Our Long-Term Organic Growth Algorithm Low Double Digit % Revenue Growth Low Double Digit % Adj. EBITDA Growth Mid-to- High Teens% Driver Brands Adj. Net Income Growth 49#50And This Growth Has Upside Base Case Upside Organic Growth Same-store Sales 2% SSS 4% Historical Average Data Commercialization Store Growth 5% Net Store Growth ~1,200 Stores Over 5 Years Growing Pipeline Visibility to 1,000+ Stores Today Over 4 Years Driven Brands M&A None $250M Pre-Synergy EBITDA Synergies and Growth 50#51Driven Brands Our Proven Playbook with Organic and M&A Growth Leads to At Least $850M in Adj. EBITDA $350 $214+ 2021 Guide Organic Growth Compounding M&A Growth Assumes 10% per year applied to Acquired EBITDA Adj. EBITDA (in Millions) $250+ M&A $55+ Compounded M&A Growth $850+ 2026 51#52The Power of Driven Brands Scaled Platform Low Risk Growth Compound Grower Asset Light Growth Through All Economic Cycles Consistent Execution Driver Brands#53DrivenBrands Appendix Presentation is confidential. Please see important disclosure. 20210, Driven Brands, All Rights Reserved.#54Reconciliation of Net Income to Last Twelve Months ("LTM") Proforma Adjusted EBITDA DRIVEN BRANDS HOLDINGS INC. AND SUBSIDIARIES Reconciliation of Net Income to Last Twelve Months Proforma Adjusted EBITDA for Leverage Ratio Net income Income tax expense Interest expense, net Depreciation and amortization EBITDA Acquisition related costs(a) Non-core items and project costs, net(b) Sponsor management fees (c) Straight-line rent adjustment(d) Equity-based compensation expense(e) Foreign currency transaction (gain) / loss, net(f) Bad debt expense(g) Asset impairment and closed store expenses(h) Loss on debt extinguishment(i) Adjusted EBITDA Year ended December 26, 2015 $ 2,725,000 2,866,000 21,082,000 10,035,000 36,708,000 3,683,000 708,000 276,000 11,589,000 $ 52,964,000 Three months ended December 26, 2020 $ (7,471,000) 5,263,000 30,673,000 29,458,000 57,923,000 2,395,000 6,962,000 543,000 4,026,000 815,000 (13,618,000) 359,000 1,690,000 4,817,000 $ 65,912,000 Nine months ended September 25, 2021 $ 48,321,000 24,445,000 52,390,000 78,722,000 203,878,000 2,674,000 3,910,000 8,391,000 2,944,000 6,356,000 3,005,000 45,576,000 $276,734,000 Twelve months ended September 25, 2021 $ 40,850,000 29,708,000 83,063,000 108,180,000 261,801,000 5,069,000 10,872,000 543,000 12,417,000 3,759,000 (7,262,000) 359,000 4,695,000 50,393,000 $342,646,000 a) Consists of acquisition costs as reflected within the consolidated statement of operations, including legal, consulting and other fees and expenses incurred in connection with acquisitions completed during the applicable period, as well as inventory rationalization expenses incurred in connection with acquisitions. We expect to incur similar costs in connection with other acquisitions in the future and, under U.S. GAAP, such costs relating to acquisitions are expensed as incurred and not capitalized. b) Consists of discrete items and project costs, including (i) third-party consulting and professional fees associated with strategic transformation initiatives, (ii) wage subsidies received directly attributable to the COVID-19 pandemic and (iii) other miscellaneous expenses, including non-capitalizable expenses relating to the Company's initial public offering and other strategic transactions. c) Includes management fees paid to Roark Capital Management, LLC. d) Consists of the non-cash portion of rent expense, which reflects the extent to which our straight-line rent expense recognized under U.S. GAAP exceeds or is less than our cash rent payments. e) Represents non-cash equity-based compensation expense. d) Represents foreign currency transaction gains/losses, net that primarily related to the remeasurement of our intercompany loans. For the nine months ended September 25, 2021, these losses are offset by unrealized gains on remeasurement of cross currency swaps. g) Represents bad debt expense related to uncollectible receivables outside of normal operations. h) Relates to the impairment of certain fixed assets and operating lease right-of-use assets related to closed locations. Also represents lease exit costs and other costs associated with stores that were closed prior to their respective lease termination dates. i) Represents the write-off of debt issuance costs associated with early termination of debt.#55Reconciliation of Net Income to Adjusted EBITDA DRIVEN BRANDS HOLDINGS INC. AND SUBSIDIARIES Reconciliation of Net Income to Adjusted EBITDA Net income Income tax expense Interest expense, net Depreciation and amortization EBITDA Acquisition related costs(a) Non-core items and project costs, net(b) Sponsor management fees (c) Straight-line rent adjustment(d) Equity-based compensation expense(e) Foreign currency transaction (gain) / loss, net(f) Bad debt expense(g) Asset impairment and closed store expenses(h) Loss on debt extinguishment(i) Adjusted EBITDA Maintenance CapEx Adjusted EBITDA Less Maintenance CapEx Cumulative Adjusted EBITDA Less Maintenance CapEx $ 2015 2,725,000 2,866,000 21,082,000 10,035,000 36,708,000 3,683,000 708,000 276,000 11,589,000 52,964,000 304,000 52,660,000 52,660,000 2016 $ (8,918,000) (4,398,000) 33,591,000 19,212,000 39,487,000 4,507,000 12,449,000 2,096,000 835,000 605,000 11,816,000 1,022,000 72,817,000 1,604,000 71,213,000 123,873,000 2017 $ 37,862,000 (37,716,000) 40,763,000 17,864,000 58,773,000 900,000 5,703,000 2,267,000 780,000 650,000 3,267,000 72,340,000 1,597,000 70,743,000 194,616,000 $ 2018 7,062,000 2,805,000 41,758,000 19,846,000 71,471,000 1,694,000 1,960,000 1,304,000 1,195,000 9,847,000 6,543,000 94,014,000 1,595,000 92,419,000 287,035,000 $ 2019 7,750,000 $ 4,830,000 56,846,000 24,220,000 93,646,000 12,497,000 6,644,000 2,496,000 2,172,000 1,195,000 595,000 119,245,000 1,822,000 117,423,000 404,458,000 2020 (4,216,000) 11,372,000 95,646,000 62,114,000 164,916,000 15,682,000 6,036,000 5,900,000 7,150,000 1,323,000 (13,563,000) 3,201,000 9,311,000 5,490,000 205,446,000 9,381,000 196,065,000 600,523,000