Circut Results Presentation Deck

cricut. As % of Revenue Gross Margin R&D Expense S&M Expense G&A Expense EBITDA Margin¹ Cricu Long-term target model Cricut FY18 33% 7% 9% 5% 14% FY19 29% 5% 8% 5% 13% FY20 Q3 2021 Financial Results 35% 4% 7% 3% 22% Long-Term Targets 37 - 38% 7-8% 8 - 10% 3 - 4% 17 - 20% 1. Non-GAAP financial measure. See Appendix at the end of this presentation for GAAP financial measures and reconciliation. 26

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