Grove Investor Presentation Deck

Note: 123 2. 3. REVENUE & ADJUSTED EBITDA FINANCIAL RESULTS & GUIDANCE (000's) $300 $150 $0 ($150) ■ 0 Reve Adjusted EBITDA (1) A History of Doing Well By Doing Good We Use Our Connection with Consumers to Build Authentic, Disruptive Brands Adjusted EBITDA Margin $32 2017 (79%) ($25) (2) Adj. EBITDA is a non-GAAP metric; please refer to Appendix for definitional breakdown Unaudited management estimates Midpoint of guidance $233 2019 (62%) Pandemic bump in 2020-2021 ($145) $384 2021 (28%) ($109) I $265 8.3x growth in 6 years ($17) Burn down 88% vs. peak. 2023 Adj. EBITDA +30% vs. original guidance (6.5%) (3) 98

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