Grove Investor Presentation Deck

% OF NET REVENUE 50% 25% 0% -25% -50% Driving Towards Profitability -75% Gross Margin 2018 2019 Advertising 2021 Source: Company Financials (1) Excludes Fulfillment, Stock Based Compensation, Depreciation & Amortization, one-time Asset Impairment & Restructuring Expenses III Adj. SG&A & Product Development (¹) 1H 2022 2H 2022 Adjusted EBITDA Q1 2023 33 8

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