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Investor Presentaiton

www.trulieve.com Financial Highlights* INCOME STATEMENT HIGHLIGHTS (USD millions, except per share data) Q3:23 Q2:23 Q1:23 Q4:22 Q3:22 Q2:22 Q1:22 2022 Revenue 275.2 281.8 285.2 298.5 295.4 313.8 310.6 1218.2 Gross Profit 142.9 Gross Margin Adjusted Gross Profit Adjusted Gross Margin SG&A SG&A as % Revenue Adjusted SG&A Adjusted SG&A as % Revenue Depreciation and Amortization Net (Loss) Income** Net (Loss) Income Continuing Operations Adjusted Net (Loss) Income 27.0 26.1 141.6 150.2 51.9% 50.3% 52.6% 143.1 143.3 150.2 52.0% 50.9% 52.7% 93.9 96.0 100.0 34.1% 34.1% 35.1% 84.6 81.1 86.7 30.7% 28.8% 30.4% 29.6 30.6% 157.1 168.7 52.6% 57.1% 58.4% 161.1 172.5 183.2 184.6 54.0% 58.4% 58.4% 59.5% 122.8 111.9 107.5 104.9 41.1% 37.9% 34.2% 94.0 90.4 31.5% 183.4 179.9 689.0 57.9% 56.6% 701.4 57.6% 447.0 33.8% 36.7% 90.5 93.5 368.4 28.8% 30.1% 30.2% 29.8 29.5 29.4 27.8 116.4 (25.4) (403.8) (64.1) (77.0) (114.6) (22.5) (32.0) (246.1) EPS** EPS Continuing Operations Adjusted EPS Adjusted EBITDA Adjusted EBITDA Margin (22.9) (342.1) (34.3) (14.7) (14.7) (17.8) (0.13) (2.14) (0.34) (0.41) (0.12) (1.80) (0.18) (0.08) (0.08) (0.09) 77.7 78.7 78.1 28.2% 27.9% 27.4% (64.4) (72.6) (18.7) (27.0) (182.8) (34.2) 7.9 2.8 4.7 (18.9) (0.61) (0.12) (0.17) (1.31) (0.33) (0.38) (0.09) (0.14) (0.9) (0.18) 0.04 0.01 0.03 (0.10) 82.4 99.6 111.0 27.6% 33.7% 35.4% 33.8% 105.0 397.1 32.6% *Adjusted net income, adjusted EPS, adjusted EBITDA and adjusted EBITDA Margin are Non-GAAP financial measures. See slides 14- 16 for reconciliation to GAAP for all Non-GAAP financial measures. **Includes discontinued operations. 12
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