SmileDirectClub Results Presentation Deck

Q1 2020 results. Revenue for the quarter was $197 million, which represents an increase of 11% over the first quarter of 2019. ● ● ● This increase was driven primarily by a 12% YoY increase in aligner shipments which came in at 122,751. Adjusted for the impact of COVID, revenue would have been over $235mm as we only shipped aligners for 87% of the quarter and increased our reserves by over $12mm as a result of the economic uncertainty with COVID. Gross margin for the quarter was 70%, a 288- basis point decline versus the prior year. Declines were largely driven by costs incurred through the end of March, even though we closed our facilities on March. 20th. smile DIRECT CLUB Q1 Adjusted EBITDA(¹) was negative $67mm for the quarter, but negative $5mm in February. We expected similar performance in March without the impact of COVID. I Net Revenue Gross Profit Gross Margin % Adjusted EBITDA (1) EPS, Diluted Net Revenue Gross Profit Gross Margin % Adjusted EBITDA(1) (1) Adjusted EBITDA is a non-GAAP financial measure. See appendix for definition of Adjusted EBITDA. Q1 2020 $ $ 196.7mm 136.9mm 70% (67.0)mm $ (0.28) GA Estimated COVID-19 Adjusted Performance Q1 2020 $ $ YOY 235mm 174mm 74% (44)mm -288bps +11% +6% YOY NM ΝΑ +33% +35% +200bps NM 9

View entire presentation