Grove SPAC Presentation Deck

WE RELEASE >5X THE NUMBER OF SKUs... New SKUs Launched Per Year Grove COLLABORATIVE Traditional CPG Material Innovation Advantage + Results Grove COLLABORATIVE ... ON A TIMELINE THAT IS UP TO 6 X FASTER Time to Launch Traditional CPG -30 D 3 - 6 months Notes: I. In 2020, based Clorox's 2020 Annual Report on Form 10-K 2. Based on management estimates 3. 4. 160 -18 months (2) 80x 60x 40x 20x Ox Net Revenue Growth: Grove Brands Vs. Third Party Brands on Platform (3) (Indexed To HI 2017) ZIHI 2H17 81 HI 2 H18 IHI9 2H19 IH20 2 H2O IH 21 Grove Brands Third-Party Brands 69x growth in Grove brands net revenue since HI 2017 10x growth in third-party brands net revenue since HI 2017 Gross Product Margin By Brand On Platform (YTD 3Q 2021A) (4) 75% 50% 25% 0% 72% Grove Brands DTC revenue growth rates on Grove platform only indexed to HI 2017 revenue Gross product margin is defined as gross revenue (excluding discounts), less product costs (excluding clearance, damages, shrink, inventory reserves and other charges to cost of goods sold 44% Third-Party Brands 30 8

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