Grove SPAC Presentation Deck

Notes: I. NET REVENUE PER ORDER (¹) ($) 37 2018A 41 2019A Strong and Improving DTC Economics 53 2020A 56 YTD Q3 2021A % OF NET REVENUE FROM AUTO- SHIP CUSTOMERS (¹) 71% Net revenue and gross profit represent DTC only and exclude retail; and are inclusive of VIP, and shipping. 74% 2017A 2018A 79% 2019A 83% 83% 2020A YTD Q3 2021A GROSS PROFIT PER ORDER (¹) ($) 13 2018A 15 il 2019A 26 Customer economics improving consistently with increasing Grove Brand mix and higher revenue per order 2020A 28 YTD Q3 2021A 45 %

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