SmileDirectClub Investor Presentation Deck

Long-term model guiding core business from 2022-2026. Reaffirms Guidance provided on February 28, 2022 Quicker share gains with higher income and traditional wire & brackets customers could result in growth expectations above the model outlined below REVENUE COSTS & CAPITAL Mid-teens CAGR Aligner shipments expected to achieve 2019 levels by 2026 Aligner Average Net Selling Price (ASP) growth of 4% to 5% annually Oral Care CAGR of 15% to 25% CLUB ● Gross margin: ~50bps-100bps annual expansion Net of gross margin headwind from Oral Care business growth Increased aligner volumes leverages fixed costs Higher utilization mix of 2nd generation machines driving cost efficiencies ● Selling & marketing: 300-350bps annual margin improvement Leverage on marketing spend from annual aligner pricing and modest gains in efficiency Profitable shop expansion through higher shop utilization ● ● General & administration: 200-225bps annual margin improvement Spend growth approximates pace of inflation with expansion driven by leverage on revenue Capex: 7% to 10% of revenue Expecting leverage on revenue growth Factoring all items implies that we would expect to return to EBITDA profitability by 2023 and to positive cash flow by 2024 or 2025 Outlined model excludes any investments that may need to be made in order to achieve outsized growth in the professional channel or moving upstream into the traditional wire & brackets customer base smile DIRECT 32

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