Grove Investor Presentation Deck

Notes: 1. 2. 3. 4. 5. Penetration (1) 2.0%+ 1.6 -2.0% 1.4 - 1.6% <1.4% O Grove Is a Mass-Market Player with Broad Customer Appeal GROVE CUSTOMER PENETRATION BY STATE (3) Top 20 Target Locations (2) 00 Number of Grove acquired customers divided by population LTD sales data as of March 2023 Top cities with the most Target sales as of March 2023 Population data per U.S. Census Bureau as of 2019 for the zip code in which each store is located Top 10 DTC Zip Codes with the highest penetration 8 Top 10 Zip Codes by Sales for DTC (5) LOCATION POPULATION Whatcom County, WA Chattanooga, TN Larimer County, CO Boston, MA San Francisco, CA Birmingham, AL Elmore County, ID Chicago, IL Washington, D.C. Benton County, AK Top 10 Cities by Sales at Target POPULATION (4) LOCATION Glendale, CO Chicago, IL Northgate, WA 229,247 179,690 356,899 684,379 874,961 197,575 27,511 2,693,976 712,816 293,692 San Francisco, CA Edina, MN Charlotte, NC South Portland, ME Fort Collins, CO Watertown, MA Richfield, MN 5,177 2,693,976 4,283 881,549 52,857 885,708 26,993 174,081 35,939 36,354 (3) 188

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