Dutch Bros Results Presentation Deck

Company-operated Shops Franchise Shops Total Shops 2021 RESULTS Company-operated Shop SSS Growth % Systemwide SSS Growth % Company-operated Shop Sales Total Revenue Company-operated Shop Contribution Total Adj. EBITDA ¹ 12 2021 Year Ended December 31, 271 267 538 9.0 % 8.4 % $403.7M $497.9M $101.5M 7 $82.1M 1 2 See appendix for a reconciliation to the most directly comparable financial measure stated in accordance with GAAP See appendix for breakdown of Company-operated Shop Contribution 2020 182 259 441 0.8 % 2.0 % $244.5M $327.4M $70.1M $69.8M Year Ended December 31, 2021 vs. 2020 89 8 97 +820bps +640bps $159.2M $170.5M $31.4M $12.3M

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