Dutch Bros Results Presentation Deck

OUTLOOK Q1 2022 Outlook Total System New Shop Openings Same Shop Sales Growth FY 2022 Outlook Total System New Shop Openings Company-operated Shop Openings Revenue Same Shop Sales Growth Adjusted EBITDA ¹ Capital Expenditures at least 30 mid single digits at least 125 at least 105 $700 million to $715 million mid single digits $115 million to $120 million $175 million to $200 million Q1 2022 and Full Year 2022 Outlook is Derived From Recent Trends and Does Not Assume Materials Changes to the Current Operating Environment, Inclusive of Any Potential Further COVID-19 Impacts 1 We have not reconciled guidance for Adjusted EBITDA to the corresponding GAAP financial measure because we do not provide guidance for the various reconciling items. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as certain items are outside of our control and cannot be reasonably predicted due to the fact that these items could vary significantly from period to period. Accordingly, reconciliations to the corresponding GAAP financial measure is not available without unreasonable effort. 12 Mocha AC DundiCocoa ROS OLO OSN 146 Dunck Baos LATE AC Dch Coco WEDTEA Duchco

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