Grove Investor Presentation Deck

Balance Sheet + Available Capital Note 1. Restricted cash was $8.8M as of March 31, 2023 ABL Borrowing capacity is subject to $15M cap on inventory for the first six months of the facility. Structural Debt Facility is subject to a $57M unrestricted cash covenant As of May 11, 2023, based on closing price of $0.51 AWN 3/31/23 Cash + Available Liquidity 3/31/23 Cash (incl. $9M restricted cash)(¹) Subsequent Event - ABL estimated future availability Total Liquidity $91 $10 $101 Liquidity calculation does not reflect projected working capital improvements (which may reduce ABL capacity) In July 2022, we entered into a Standby Equity Purchase Agreement, which would allow us to raise approximately $16.1M (4) 32 8

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