Grove Investor Presentation Deck slide image

Grove Investor Presentation Deck

Notes: I. 2. 3. 4. Penetration (1) 1.20-1.60% 1.00-1.19% .90-.99% .80-.89% .70-.79% .60-.69% To CO O Top 20 Target Locations (2) Grove Is a Mass-Market Player with Broad Customer Appeal GROVE CUSTOMER PENETRATION BY STATE (3) OO Number of Grove acquired customers divided by population LTD sales data as of December 2021 Top 10 cities with the most Target sales as of December 2021 Population data per U.S. Census Bureau as of 2019 for the zip code in which each store is located 5. Top 10 DTC Zip Codes with the highest penetration 8 Top 10 Zip Codes by Sales for DTC (5) LOCATION POPULATION Whatcom County, WA Chattanooga, TN Larimer County, CO Boston, MA San Francisco, CA Benton County, AR Elmore County, ID Chicago, IL Gunnison County, CO Onslow County, NC Glendale, CO Charlotte, NC Northgate, WA Chicago, IL Fort Collins, CO San Francisco, CA Edina, MN 229,247 179,690 356,899 684,379 874,961 279,141 27,511 Top 10 Cities by Sales at Target (3) LOCATION Watertown, MA Richfield, MN Beaverton, OR 2,693,976 16,802 197,938 POPULATION (4) 5,177 885,708 4,283 2,693,976 174,081 881,549 52,857 35,939 36,354 97,861 23 8
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