Grove SPAC Presentation Deck slide image

Grove SPAC Presentation Deck

AV CY20 22E REVENUE 3.5x Grove P&G 4.8x 6.9x Grove 10.6x ACH Median: 4.lx Co 4.7x CHAD 9.7x 4.lx 4.0x P&G reckitt AV CY2022E GROSS PROFIT COLGATE-PALMOLIVE Median: 7.5x 8.lx The Clorox Company 3.2x reckitt Source: Capital IQ as of 11/22/2021 The Clorox Company 6.9x 6.7x COLGATE-PALMOLIVE 2.6x U Unilever 6.2x 13.2x U Unilever 12.1x Hi OC 30.2x O BEYOND MEAT CELSIUS Peer Valuation Benchmarking CELSIUS FEVER-TREE 8.7x 8.6x 28.0x 23.2x Hi 8.4x III BEYOND MEAT Median: 8.3x WARBY PARKER FEVER-TR 19.7x 19.4x Median: 16.9x 8.2x freshpet freshpet 5.5x WARBY PARKER REVOLVE 14.4x 14.3x ATLY! 4.6x CATLY! BUSIN 10.0x REVOLVE 2.6x chewy.com 9.2x chewy.com 2.Ox HONEST 5.3x HONEST Best-in-Class HPC / CPG AV / CY2023E REVENUE 2.9x Grove 5.7x 4.6x Grove P&G | 10.0x 4.5x CHADE NO CHAO d Median: 3.9x 9.2x P&G 3.9x 3.9x @ reckitt AV / CY2023E GROSS PROFIT Median: 7.0x 7.4x The Clorox Company COLGATE-PALMOLIVE Innovative Consumer Brands 6.6x 3.1x reckitt The Clorox Company 6.4x COLGATE-PALMOLIVE 2.6x Unilever 6.0x BOUT 9.lx I Unilever OC 24.lx BEYOND MEAT 8.lx CELSIUS 18.0x CELSIUS 7.7x FEVER-TREE 17.2x FEVER-TREE 6.8x WARBY PARKER 15.6x Median: 6.4x ос 6.7x BEYOND MEAT Median: 12.7x 13.8x 6.lx freshpet freshpet ||.5× WARBY PARKER 4.6x REVOLVE 8.4x REVOLVE 2.9x THE OF CATLY! 2.2x THE BRIGINAL CATLY! chowy.com 8.0x 7.6x 11 chewy.com 1.7x HONEST 4.3x HONEST 54 %
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