Grove SPAC Presentation Deck
Notes:
I.
2.
Grove Is at the Intersection of Category Growth Trends
TOTAL U.S. HPC SEGMENT GROWTH RATES (¹)
1.4%
Conventional
4.0%
(2)
Large Cap HPC Growth Rate
Greater than
-6x the incumbents
8.6%
Clean / Natural
18.1%
22.7%
Household Care eCommerce Grove CAGR 19A-24E
Conventional growth rate represents CAGR from 2019 2025. Clean / Natural growth rate estimated based on a variety of third-party research and represents CAGR from 2019-2025. eCommerce growth represents US Household Care CAGR from 2020-2025, per Euromonitor
International Ltd Beauty & Personal Care 2022ed, current prices
Represents average 2020A - 2023E revenue CAGR for Proctor & Gamble, Unilever, Colgate, Reckitt, Clorox and Church & Dwight, based on CIQ estimates as of November 22, 2021
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