Grove Investor Presentation Deck

Sustained Long-Term Growth and Profitability Metric (1) Revenue Growth Gross Margin SG&A: Fulfillment Cost Other SG&A + Product Development (2) Advertising Spend Adj. EBITDA Margin Notes: 1. All metrics excluding revenue growth are calculated as a percentage of net revenue 2. Excludes depreciation, amortization and stock based compensation expense Long-term target 10-30% 55-60% 10-15% 10-15% 10-15% 10-30% 36 8

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