SmileDirectClub Investor Presentation Deck slide image

SmileDirectClub Investor Presentation Deck

Our core customer is still experiencing outsized price increases of non-discretionary purchases. Weighted Avg CPI, Non-Discretionary Items RESULTING IN LESS DISCRETIONARY CAPACITY FOR $50K-$69K The cost of non-discretionary items for $50K-$69K households was +7.0% in Q4 2022--down from +8.9% in Q3 2022 and +14.8% in a two-year stack with Q4 2021. 11% 10% 9% 8% 7% 6% 5% 4% <$15K $15K to $29K $30K to $39K $40K to $49K ■2021 Q2 2021 Q3 ■2021 Q4 Source: Bureau of Labor Statistics, U.S. Census Bureau smile DIRECT CLUB $50K to $69K Household Income 2022 Q1 Higher-income demographics less impacted by inflation as non-discretionary spend represents a smaller portion of their overall spending. $70K to $99K $100K to $149K $150K to $199K 2022 Q2 2022 Q3 ■2022 Q4 $200K+ 36
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