Grove SPAC Presentation Deck

CY2021E - CY2023E REVENUE CAGR 15% Grove 51% 5% Grove COLLABORATIVE P&G 60% 4% CY2022E GROSS MARGIN (1) + COLGATE-PALMOLIVE Unilever 59% reckitt 4% Notes: I. GAAP gross margin definitions vary among companies. 2. Burdened by fulfillment / shipping costs Source: Capital IQ as of 11/22/2021 → COLGATE-PALMOLIVE 50% Peer Operational Benchmarking P&G Median: 4% 4% URCH Median: 47% 44% 133 HURCH CO NIG DWIC INC O 3% The Clorox Company 43% Unilever 2% reckitt 40% 61% THE ORIGINAL ATLY! 59% The Clorox Company WARBY PARKER Best-in-Class HPC / CPG 54% CELSIUS 57% OC 40% DQ 55% REVOLVE 32% freshpet Innovative Consumer Brands 44% FEVER-TREE 29% BEYOND MEAT 43% CELSIUS Median: 27% 25% WARBY PARKER REVOLVE Median: 43% 42% 21% freshpet 37% (2) HONEST 19% chewy.com HONEST 32% THE ORIGINAL 14% DATLY! 28% BEYOND MEAT 14% FEVER-TREE (2) 28% chewy.com 53 8

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