Circut Results Presentation Deck
Safe Harbor
Statement
cricut.
This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or
current facts and by the use of forward-looking words such as "anticipates", "believes", "estimates", "expects", "intends", "plans", "projects",
"may" or similar terminology, and include our business opportunity, strategies, future financial results and long-term target model. These
statements are based on and reflect our current expectations, estimates, assumptions and/or projections as well as our perception of historical
trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking
statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and
unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements.
There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and
performance of Cricut Inc., will prove to be correct or that any of our expectations, estimates or projections will be achieved.
Numerous factors could cause our actual results and events to differ materially from those expressed or implied by forward-looking statements
including, but not limited to, risks and uncertainties associated with: our ability to attract and engage with our users; competitive risks; supply chain,
manufacturing, distribution and fulfillment risks; international risks, including regulation and tariffs that have materially increased our costs and the
potential for further trade barriers or disruptions; sales and marketing risks, including our dependence on sales to brick-and-mortar and online retail
partners and our need to continue to grow online sales; risks relating the complexity of business, which includes connected machines,
custom tools, hundreds of materials, design apps, e-commerce software, subscriptions, content, international production, direct sales, and retail
distribution; risks related to product quality, safety and warranty claims and returns; risks related to the fluctuation of our quarterly results of
operations and other operating metrics; risks related to intellectual property, cybersecurity and potential data breaches; risks related to our
dependence on our Chief Executive Officer; risks related to our status as a "controlled company"; and the impact of economic and geopolitical
events, natural disasters and actual or threatened public health emergencies, such as the ongoing Coronavirus pandemic. These risks and
uncertainties are described in greater detail under the heading "Risk Factors" in the most recent form 10-K that we have filed with the Securities
and Exchange Commission ("SEC”).
In addition, certain risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any
such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The
forward-looking statements included in these materials are only made as of the date indicated on the relevant materials and we disclaim any
obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law.
Q1 2022 Financial Results
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