Grove Results Presentation Deck

Q3 Fiscal 2022 • Financial Highlights $80 $60 $40 $20 $0 DTC NET REVENUE PER ORDER $41 2019 $53 2020 $56 2021 T $56 Q3-2021 $61 Q3-2022 DTC net revenue per order continued its long-term upward trend, increasing 7% year-over-year to $61. The improvement in revenue per order was driven primarily by improved existing customer Average Order Value and the impacts of net revenue management initiatives including the introduction of strategic price increases on Grove Brands and third party products. 50% 40% 30% 20% 10% 0% GROVE BRANDS % NET REVENUE 37% 2019 45% 2020 49% 2021 48% Q3-2021 47% Q3-2022 000 Grove Brands as a percent of net revenue declined year-over-year to 47% driven by strong 3rd party Fall seasonal performance, YoY decrease in new customer orders which tend to include more Grove brand products as well as a mix shift of advertising spend into channels with less Grove Brands promotion. 13

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