Dutch Bros IPO Presentation Deck

DO WA 63 (23 OR 53 54 • Grants Pass CA NV 210 89 34 ID 140 34 Note: Shop count as of June 30, 2021 UT 10 10 AZ MASSIVE WHITESPACE OPPORTUNITY TOTAL SHOPS TOTAL COMPANY-OPERATED SHOPS 59 28 8 CO 29 22 22 NM 50 OK DO TX □0 Ⓒ 4,000+ POTENTIAL LONG-TERM DUTCH BROS LOCATIONS NEW OPENINGS BALANCED BETWEEN NEW AND EXISTING MARKETS GROWTH WILL BE PRIMARILY THROUGH COMPANY-OPERATED SHOP OPENINGS

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