Investor Presentaiton

GROWTH ENGINE FOR 2025 AND BEYOND 8 R C BLACK RIFLE COFFEE COMPANY R BLACK RIFLE BLACK RIFLE EA BLACK RIFLE DLACK RIFLE BLACK AFCE BACC BRCC SINCE 2014 PERSUME 18 Company-Operated Outposts 17 Franchised Outposts $22.9M / 91% Sales Generated in FY2022 / YoY Growth We are currently building a plan to accelerate retail growth with strong unit economics and Return on Capital in 2025 and beyond 14

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