Grove Investor Presentation Deck

Notes: I. 2. 37 NET REVENUE PER ORDER() ($) 2018A 41 2019A Strong and Improving DTC Economics 53 2020A 56 2021A % OF NET REVENUE FROM FLEXIBLE MONTHLY SHIPMENT CUSTOMERS(1)(2) 71% 74% 79% 84% Net revenue and gross profit represent DTC First Orders and Repeat Orders only and exclude retail; and are inclusive of VIP, and shipping Represents revenue from customers who have the flexible monthly shipment feature enabled 84% III 2017A 2018A 2019A 2020A 2021A GROSS PROFIT PER ORDER() ($) 26 15 all 13 2018A 2019A 28 2020A 2021A Customer economics improving consistently with increasing Grove Brand mix and higher revenue per order 50 %

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