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Investor Presentaiton

www.trulieve.com Reconciliation of Non-GAAP Financial Measures (Amounts expressed in millions of United States dollars) Gross Profit GAAP Gross Margin % GAAP For the Three Months Ended For the Full Year Ended December 31, 2022 December 31, September 30, December 31, 2022 December 31, 2021 2021 2022 $ 149.7 $ 134.1 $ 168.0 $ 50% 44% 56% 682.0 55% $ 567.8 61% Add (Deduct) Impact of: Inventory Step Up Fair Value 0.0 38.0 0.0 1.0 41.2 Transaction, Acquisition, and Integration Costs 12.4 8.5 3.8 19.8 $ 12.4 Adjusted Gross Profit Non-GAAP 162.1 180.6 171.9 702.9 621.4 Adjusted Gross Margin % Non-GAAP 54% 59% 57% 57% 66% 28
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