Grove Investor Presentation Deck

Note 1. AWN Balance Sheet + Available Capital Restricted cash was $8.7M as of June 30, 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 June 30, 2023, average trading price in 2023 of $2.26 6/30/23 Cash + Available Liquidity 6/30/23 Cash (incl. $9M restricted cash)(¹) ABL availability (2) Total Liquidity $90 $10 $100 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 $14M (4) 32 8

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