August 2024 Investor Presentation You're a force of nature. OO Updated Post Q2 2024 Earnings 255 255 255 3 59 76 Safe Harbor Statement/Non-GAAP Measures 247 243 228 0 0 0 247 243 228 102 163 157 3 59 76 0 114 88 130 186 128 172 196 200 120 159 144 NOTES START FROM HERE AND GROW UP Forward-Looking Statements Certain statements included in this presentation are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forwar ...

Financial Data and Key Metrics Changes - Net revenue in Q1 2024 was $53.5 million, down 10.5% from Q4 2023 and 25.2% year-over-year [6] - Adjusted EBITDA for Q1 2024 was $1.9 million, compared to $0.1 million in Q4 2023 and a loss of $6.9 million in Q1 2023 [42] - The net loss for the quarter was $3.4 million, an improvement from a net loss of $9.5 million in Q4 2023 and $13.1 million in Q1 2023 [42] Business Line Data and Key Metrics Changes - Grove Brands products as a percentage of net revenue decreased by 150 basis points quarter-over-quarter and 580 basis points year-over-year to 43% [7] - DTC net revenue per order was down 0.8% quarter-over-quarter but up 7.5% year-over-year to $66.27 [15] - Total orders were down 10.5% quarter-over-quarter and 29.5% year-over-year to 0.8 million [40] Market Data and Key Metrics Changes - Active customers decreased by 12.3% quarter-over-quarter and 35% year-over-year to 0.8 million [40] - Advertising expense decreased by 47.4% quarter-over-quarter and 36.3% year-over-year to $2.1 million [41] Company Strategy and Development Direction - The company is focused on three pillars: customer, sustainability, and profitability, aiming to transform into a household name for sustainable products [3][11] - The company plans to scale advertising spend in the coming quarters to support revenue growth while improving first order conversion rates [6][19] - The expansion of third-party product offerings increased by 34% year-over-year, with 41% of third-party products enrolled in the subscribe and save program [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving sequential revenue growth by the end of the year and profitability on an adjusted EBITDA basis for the full year [19][43] - The company anticipates improvements in first order conversion rates and plans to increase advertising spend as efficiency improves [41][55] - Management highlighted the importance of sustainability as a differentiator and committed to building a sustainable business [3][38] Other Important Information - The company ended the quarter with $81.6 million in cash, a decrease of $13.3 million from the previous quarter [8] - The company has not drawn on its asset-based loan facility since taking a minimum draw of $7.5 million in Q1 2023 [17] Q&A Session Summary Question: Sales cadence throughout the year - Management indicated they are guiding towards sequential growth this year, believing they are near a bottoming out of unusual comps from heavy marketing spend in 2022 [22] Question: Initial reads on new products and customer acquisition - Management expressed excitement about the new product launches and noted early success, including sold-out items at retail [24] Question: Gross margin expectations for the next few quarters - Management stated that Q1 had one-off factors and emphasized ongoing efforts to improve gross margin without providing specific guidance [26] Question: Future advertising spend - Management confirmed plans to increase advertising spend in the back half of the year, focusing on efficiency and strong paybacks [27] Question: Performance of third-party brands and Grove brand mix - Management noted that third-party brands are growing faster and emphasized that the focus is on customer needs rather than an ideal percentage mix [30]

Financial Performance - Revenue for Q1 2024 was $53.545 million, a decrease of 25.2% compared to $71.565 million in Q1 2023[16] - Gross profit for Q1 2024 was $29.740 million, down from $37.255 million in Q1 2023, reflecting a gross margin decline[16] - Operating loss for Q1 2024 was $0.533 million, significantly improved from a loss of $13.655 million in Q1 2023[16] - Net loss attributable to common stockholders for Q1 2024 was $3.541 million, compared to a net loss of $13.069 million in Q1 2023[16] - Adjusted EBITDA for Q1 2024 was $1.893 million, compared to an Adjusted EBITDA loss of $6.820 million in Q1 2023[170] - Net loss for Q1 2024 was $3.391 million, significantly improved from a net loss of $13.069 million in Q1 2023[170] - The net loss margin improved to (6.3)% in Q1 2024 from (18.3)% in Q1 2023, indicating better operational efficiency[170] Cash and Assets - Total current assets decreased to $115.955 million as of March 31, 2024, down from $124.196 million at December 31, 2023[14] - Cash and cash equivalents at the end of Q1 2024 were $77.757 million, down from $86.411 million at the end of Q4 2023[14] - As of March 31, 2024, the company reported cash and cash equivalents of $77.8 million, down from $81.7 million in the same period of 2023, representing a decrease of approximately 3.5%[24] - The total cash, cash equivalents, and restricted cash amounted to $81.6 million as of March 31, 2024, compared to $90.5 million in 2023, indicating a decline of about 9.8%[24] - As of March 31, 2024, the company had $77.8 million in unrestricted cash and incurred negative cash flows from operating activities of $12.4 million[195] Liabilities and Debt - Total liabilities decreased to $120.349 million as of March 31, 2024, compared to $132.620 million at December 31, 2023[14] - The company's total debt increased slightly to $72.533 million as of March 31, 2024, compared to $71.662 million at the end of 2023[75] - The Company had obligations to purchase $10.7 million of merchandise as of March 31, 2024[87] - The Company entered into a Loan and Security Agreement (Siena Revolver) with an initial commitment of $35.0 million, with an additional borrowing capacity of $9.1 million as of March 31, 2024[82] - The outstanding principal balance under the Siena Revolver was $7.5 million as of March 31, 2024, with an interest rate of 9.18%[86] - The company has a total outstanding indebtedness of $72.5 million as of March 31, 2024[195] Operational Efficiency - The company anticipates continued focus on cost management and operational efficiency to improve financial performance in future quarters[10] - Selling, general and administrative expenses have declined from 2023 due to cost management initiatives and reduced fulfillment costs[178] - Fulfillment costs for Q1 2024 were $12.1 million, a reduction of 28.8% compared to $17.0 million in Q1 2023[57] - Advertising expenses significantly reduced by $6.6 million, or 76%, totaling $2.1 million, due to a lower-spend strategy[189] Customer Metrics - DTC Total Orders fell to 773 in Q1 2024, down from 1,097 in Q1 2023, primarily due to reduced advertising spend[160][163] - DTC Active Customers decreased to 807 in Q1 2024 from 1,241 in Q1 2023, reflecting fewer new customers due to reduced advertising efforts[160][164] - DTC Net Revenue Per Order increased to $66 in Q1 2024 from $62 in Q1 2023, driven by a higher number of products sold per order[160][165] Product and Revenue Sources - Revenue from Grove Brands was $23.046 million, down 34.1% from $34.976 million year-over-year[55] - Third-party products revenue decreased to $30.499 million, down 16.6% from $36.589 million in the prior year[55] - The company’s top five suppliers accounted for approximately 40% of total inventory purchases for the three months ended March 31, 2024, down from 50% in the same period of 2023[46] Future Outlook - The company believes its existing cash and cash equivalents will be sufficient to fund operations for at least one year from the report date, but additional capital will be needed for long-term sustainability[33] - The company anticipates continued operating losses and negative cash flows as it invests in advertising and strategic initiatives for future growth[199] - The company plans to increase advertising expenses in fiscal year 2024 to optimize customer acquisition costs[176] Stock and Equity - The Company issued a total of 990,000 shares of Class A common stock related to the Structural Debt Facility, recording a debt discount of $1.1 million[79] - The Company entered into a Standby Equity Purchase Agreement with Yorkville to purchase up to $100 million of common stock over 36 months, with a limit of 6,511,532 shares unless stockholder approval is obtained[111] - The Company issued 10,000 shares of Series A Redeemable Convertible Preferred Stock for gross proceeds of $10 million, along with warrants to purchase 1,579,778 shares of Class A common stock at an exercise price of $6.33[119] - The Company has 24,028,019 shares of common stock reserved for future issuance as of March 31, 2024[117]

Exhibit 99.1 Net Loss was $3.4 million, (6.3%) margin, compared to $9.5 million, (15.8%) margin in the fourth quarter of 2023, and $13.1 million, (18.3%) margin in the first quarter of 2023. Adjusted EBITDA was positive $1.9 million, 3.5% margin, compared to positive $0.1 million, 0.2% margin in the fourth quarter of 2023, and negative $6.9 million, (9.6%) margin in the first quarter of 2023. 2 Grove Announces First Quarter 2024 Financial Results SAN FRANCISCO, CA — May 14, 2024 — Grove Collaborative Holdin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF (Exact name of registrant as specified in its charter) Delaware 88-2840659 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1301 San ...

[Company Overview & Q4 2023 Highlights](index=1&type=section&id=1_CompanyOverview) [Executive Summary & Strategic Direction](index=1&type=section&id=1.1_ExecutiveSummary) Grove Collaborative achieved a second consecutive quarter of positive Adjusted EBITDA and operating cash flow in Q4 2023, targeting sustainable growth and profitability in 2024 - Achieved a second consecutive quarter of **positive Adjusted EBITDA and positive operating cash flow** in Q4 2023[2](index=2&type=chunk)[3](index=3&type=chunk) - Set a new record for net revenue per order, reaching **$66.83**[2](index=2&type=chunk)[6](index=6&type=chunk) - Expects to achieve **sequential revenue growth in the second half of 2024**, positive Adjusted EBITDA for the full year 2024, and plans for full-year growth and profitability in 2025[3](index=3&type=chunk) [Q4 2023 Financial Performance Summary](index=1&type=section&id=1.2_Q4_FinancialPerformanceSummary) Q4 2023 net revenue declined 19.2% YoY to $59.9 million due to reduced ad spend, though gross margin improved significantly to 54.4% Q4 2023 Key Financial Performance | Metric | Q4 2023 | Q3 2023 | Q4 2022 | YoY Change | QoQ Change | | :---------------------- | :-------- | :-------- | :-------- | :--------- | :--------- | | Net Revenue | $59.9M | $61.8M | $74.0M | -19.2% | -3.1% | | Gross Margin | 54.4% | 53.8% | 47.0% | +740 bps | +60 bps | | Operating Expenses | $40.5M | $37.3M | $63.2M | -35.9% | +8.5% | | Net Loss Margin | (15.8%) | (15.9%) | (17.1%) | +130 bps | +10 bps | | Adjusted EBITDA | $0.1M | N/A | -$9.5M | N/A | N/A | | Adjusted EBITDA Margin | 0.2% | 0.3% | (12.9%) | +1310 bps | -10 bps | | Operating Cash Flow | $1.1M | N/A | N/A | N/A | N/A | | Net Revenue per Order | $66.83 | N/A | $63 | +5.4% | +2.4% | [Q4 2023 Detailed Financial Results](index=1&type=section&id=2_Q4_DetailedFinancialResults) [Income Statement Highlights](index=1&type=section&id=2.1_IncomeStatementHighlights) Net revenue declined from lower DTC orders, but improved margins and significantly lower operating expenses YoY narrowed the net loss and improved Adjusted EBITDA Q4 2023 Income Statement Highlights | Metric | Q4 2023 (in thousands) | Q4 2022 (in thousands) | YoY Change | | :-------------------------------- | :--------------------- | :--------------------- | :--------- | | Net Revenue | $59,857 | $74,036 | -19.2% | | Cost of Goods Sold | $27,295 | $39,245 | -30.5% | | Gross Profit | $32,562 | $34,791 | -6.4% | | Loss from Operations | $(7,943) | $(28,398) | +72.0% | | Net Loss | $(9,485) | $(12,683) | +25.2% | - Operating expenses increased 8.5% quarter-over-quarter, including **$3.3 million in restructuring charges** and a **$1.5 million increase in stock-based compensation**[5](index=5&type=chunk) [Balance Sheet & Cash Flow Snapshot](index=2&type=section&id=2.2_BalanceSheetCashFlowSnapshot) The company ended Q4 2023 with $94.9 million in cash, cash equivalents, and restricted cash, supported by positive operating cash flow Q4 2023 Balance Sheet Snapshot | Metric | Dec 31, 2023 (in thousands) | Dec 31, 2022 (in thousands) | YoY Change | | :-------------------------------- | :-------------------------- | :-------------------------- | :--------- | | Cash and Cash Equivalents | $86,411 | $81,084 | +6.6% | | Restricted Cash | $5,650 | $11,950 | -52.7% | | Total Current Assets | $124,196 | $142,010 | -12.5% | | Total Assets | $150,742 | $174,045 | -13.4% | | Total Current Liabilities | $35,043 | $57,473 | -39.0% | | Total Liabilities | $132,620 | $147,512 | -10.1% | | Total Stockholders' Equity | $8,122 | $26,533 | -69.4% | - Cash, cash equivalents, and restricted cash increased by **$0.2 million** from the prior quarter, driven by **$1.1 million in operating cash flow**, partially offset by $0.5 million in capital expenditures[7](index=7&type=chunk) [Key Business & Operational Metrics](index=2&type=section&id=2.3_KeyBusinessOperationalMetrics) Grove-branded revenue share declined slightly amid third-party expansion, while lower ad spend reduced active customers but drove record-high net revenue per order Q4 2023 Key Business Metrics | Metric | Q4 2023 | Q4 2022 | YoY Change | | :---------------------- | :-------- | :-------- | :--------- | | Grove Brands Net Revenue % | 44% | 46% | -200 bps | | Total DTC Orders | 864K | 1,132K | -23.7% | | Active DTC Customers | 920K | 1,377K | -33.2% | | DTC Net Revenue per Order | $66.83 | $63 | +5.4% | - The decline in Grove Brands' net revenue percentage was primarily due to the **expansion of third-party product offerings**, especially in the Health & Wellness category[8](index=8&type=chunk) - The decrease in total DTC orders and active customers resulted from **reduced advertising spend** in 2022 and 2023[9](index=9&type=chunk) - Record growth in DTC net revenue per order was driven by a **mix shift toward existing customer orders** and an increase in the average number of items per order[10](index=10&type=chunk) [Customer-Driven Growth](index=3&type=section&id=2.3.1_CustomerDrivenGrowth) - Implemented a new growth model incentivizing customers through **subscription and savings programs** to align with e-commerce best practices[14](index=14&type=chunk) - Expanded third-party brand offerings, adding brands such as **Ancient Nutrition, Compostic, The Honest Company, and WishGardens**[14](index=14&type=chunk) - Launched **Grove Co. Bottle Wash Power Packs** and consolidated the Grove owned-brand strategy under the flagship Grove Co. brand[14](index=14&type=chunk) - The Health & Wellness category's share of orders **grew by over 75% year-over-year**, supported by the formation of a Health & Wellness Advisory Council[14](index=14&type=chunk) - Enhanced the customer website experience through **improved personalized product recommendations** and an updated VIP program[14](index=14&type=chunk) [Sustainability Initiatives](index=3&type=section&id=2.3.2_SustainabilityInitiatives) - Recovered **15 million pounds of single-use plastic** from nature and oceans since 2020 through plastic neutrality commitments and partnerships[14](index=14&type=chunk) - Launched the **"Beyond Plastic™" digital badging system** to identify products meeting Grove's plastic standards (100% plastic-free, 95%+ plastic-free, or no single-use plastic)[14](index=14&type=chunk) [Profitability Initiatives](index=3&type=section&id=2.3.3_ProfitabilityInitiatives) - Continued to improve operating costs through **negotiations with suppliers, partners, and contracts** to enhance operating leverage and profitability[14](index=14&type=chunk) - Took additional actions in Q1 2024 to further optimize operating costs and expense structure, including **reducing headquarters lease footprint** and optimizing the fulfillment network[14](index=14&type=chunk) [Plastic Intensity Score](index=2&type=section&id=2.3.4_PlasticIntensityScore) Q4 2023 Plastic Intensity Score | Metric | Q4 2023 | Q3 2023 | Q4 2022 | YoY Change | QoQ Change | | :------------------------------------------------ | :-------- | :-------- | :-------- | :--------- | :--------- | | Plastic Intensity (Total Business) | 1.07 lbs/$100 | 1.11 lbs/$100 | 1.08 lbs/$100 | -0.01 lbs | -0.04 lbs | | Plastic Intensity (Grove Brands Only) | 1.07 lbs/$100 | 1.14 lbs/$100 | 0.98 lbs/$100 | +0.09 lbs | -0.07 lbs | - The year-over-year increase in Grove Brands' plastic intensity was primarily driven by the **Grove Co. 100% recycled plastic trash bag product category**[11](index=11&type=chunk) [Full Year 2023 Financial Results](index=3&type=section&id=3_FullYear2023FinancialResults) [Full Year Income Statement Highlights](index=3&type=section&id=3.1_FullYearIncomeStatementHighlights) FY2023 net revenue decreased 19.4% to $259.3 million due to lower ad spend, while gross margin improved significantly to 53.0% FY2023 Income Statement Highlights | Metric | FY2023 (in thousands) | FY2022 (in thousands) | YoY Change | | :-------------------------------- | :--------------------- | :--------------------- | :--------- | | Net Revenue | $259,278 | $321,527 | -19.4% | | Gross Margin | 53.0% | 48.1% | +490 bps | | Operating Expenses | $172,622 | $295,635 | -41.6% | | Net Loss Margin | (16.7%) | (27.3%) | +1060 bps | | Adjusted EBITDA Margin | (3.5%) | (24.8%) | +2130 bps | - Gross margin improvement was driven by the **full-year impact of online order-related fees**, a reduction in lower-margin first orders, and the sale of previously reserved inventory[15](index=15&type=chunk) - The decrease in operating expenses was due to **reductions in advertising expenses**, product development costs, and selling, general, and administrative expenses[15](index=15&type=chunk) [Full Year Plastic Intensity](index=4&type=section&id=3.2_FullYearPlasticIntensity) The company's overall plastic intensity improved in FY2023, decreasing to 1.10 pounds of plastic per $100 of revenue FY2023 Plastic Intensity | Metric | FY2023 | FY2022 | YoY Change | | :---------------------- | :-------- | :-------- | :--------- | | Plastic Intensity | 1.10 lbs/$100 | 1.17 lbs/$100 | -0.07 lbs | [Financial Outlook](index=4&type=section&id=4_FinancialOutlook) [Fiscal Year 2024 Guidance](index=4&type=section&id=4.1_FiscalYear2024Guidance) The company projects FY2024 net revenue between $215-$225 million and an Adjusted EBITDA margin of 0.0% to 1.0%, expecting sequential growth in H2 - Expects a **revenue decline in Q1 2024** but anticipates sequential revenue growth in the second half of the year while balancing advertising efficiency and profitability[18](index=18&type=chunk) FY2024 Guidance | Metric | Guidance Range | | :---------------------- | :------------- | | Net Revenue | $215M to $225M | | Adjusted EBITDA Margin | 0.0% to 1.0% | [Additional Information](index=4&type=section&id=5_AdditionalInformation) [About Grove Collaborative](index=4&type=section&id=5.1_AboutGroveCollaborative) Grove Collaborative is a certified B Corporation offering over 200 eco-friendly brands with a mission to move 'Beyond Plastic™' - Founded in 2016, it is a **certified B Corporation** dedicated to transforming consumer products into a force for good for people and the planet[20](index=20&type=chunk) - Offers and curates **over 200 high-performance, eco-friendly brands** across categories like home cleaning, personal care, and health & wellness[20](index=20&type=chunk) - All products are vetted against the **"Grove Feel Good Standard"**, ensuring ingredient standards, 100% plastic-neutral orders, carbon-neutral shipping, cruelty-free practices, and ethical production[21](index=21&type=chunk) - As a public benefit corporation, its mission is to be **"Beyond Plastic™"** and its products are available at select national retailers[21](index=21&type=chunk)[23](index=23&type=chunk) [Conference Call Details](index=4&type=section&id=5.2_ConferenceCallDetails) The company held an investor conference call on March 6, 2024, to review financial results, with replay details available - The investor conference call and webcast were held on **March 6, 2024, at 5:00 p.m. ET / 2:00 p.m. PT**[19](index=19&type=chunk) - The webcast is accessible at **https://investors.grove.co/**; a telephone replay is available until March 20, 2024[19](index=19&type=chunk) [Non-GAAP Financial Measures Explanation](index=7&type=section&id=5.3_NonGAAPFinancialMeasuresExplanation) The report includes non-GAAP measures like Adjusted EBITDA, which management uses for analysis, with a full reconciliation to GAAP net loss provided - Non-GAAP measures like **Adjusted EBITDA and Adjusted EBITDA Margin** are supplemental to, not a substitute for or superior to, GAAP financial results[25](index=25&type=chunk) - Management uses these non-GAAP measures for **trend analysis, budgeting, and planning**, and for comparison with similar companies[25](index=25&type=chunk) - Adjusted EBITDA is calculated by adding back items such as **stock-based compensation, depreciation and amortization, change in fair value of derivative liabilities, interest, and restructuring charges** to net income (loss)[26](index=26&type=chunk) [Cautionary Note on Forward-Looking Statements](index=6&type=section&id=5.4_CautionForwardLookingStatements) This release contains forward-looking statements involving risks and uncertainties, and the company does not assume an obligation to update them - The press release includes forward-looking statements regarding **profitable revenue growth in H2 2024**, positive Adjusted EBITDA for 2024, and the 2024 guidance[24](index=24&type=chunk) - These statements are subject to risks and uncertainties, including changes in **business, market, financial, political, and legal conditions**, competition, and inflation[24](index=24&type=chunk) - Grove undertakes **no obligation to update any forward-looking statements**, except as required by applicable securities laws[24](index=24&type=chunk) [Consolidated Financial Statements](index=8&type=section&id=6_ConsolidatedFinancialStatements) [Consolidated Balance Sheets](index=8&type=section&id=6.1_ConsolidatedBalanceSheets) The balance sheets show a year-over-year decrease in total assets and liabilities as of December 31, 2023 Consolidated Balance Sheets (Selected Items) | Item | Dec 31, 2023 (in thousands) | Dec 31, 2022 (in thousands) | | :-------------------------------- | :-------------------------- | :-------------------------- | | Cash and cash equivalents | $86,411 | $81,084 | | Inventories, net | $28,776 | $44,132 | | Total current assets | $124,196 | $142,010 | | Total assets | $150,742 | $174,045 | | Accounts payable | $8,074 | $10,712 | | Accrued expenses | $16,020 | $31,354 | | Total current liabilities | $35,043 | $57,473 | | Non-current liabilities | $71,662 | $60,620 | | Total liabilities | $132,620 | $147,512 | | Total stockholders' equity | $8,122 | $26,533 | [Consolidated Statements of Operations](index=9&type=section&id=6.2_ConsolidatedStatementsOfOperations) These statements detail revenues, costs, and expenses, showing a narrowing of net loss for Q4 and the full year 2023 Consolidated Statements of Operations (Selected Items) | Item | Q4 2023 (in thousands) | Q4 2022 (in thousands) | FY2023 (in thousands) | FY2022 (in thousands) | | :-------------------------------- | :--------------------- | :--------------------- | :--------------------- | :--------------------- | | Net revenues | $59,857 | $74,036 | $259,278 | $321,527 | | Gross profit | $32,562 | $34,791 | $137,359 | $154,652 | | Loss from operations | $(7,943) | $(28,398) | $(35,263) | $(140,983) | | Net loss | $(9,485) | $(12,683) | $(43,232) | $(87,715) | | Net loss per share (basic and diluted) | $(0.27) | $(0.39) | $(1.28) | $(4.85) | [Consolidated Statements of Cash Flows](index=10&type=section&id=6.3_ConsolidatedStatementsOfCashFlows) These statements show a significant reduction in net cash used in operating activities for the year ended December 31, 2023 Consolidated Statements of Cash Flows (Selected Items) | Item | FY2023 (in thousands) | FY2022 (in thousands) | | :-------------------------------- | :--------------------- | :--------------------- | | Net cash used in operating activities | $(7,993) | $(96,261) | | Net cash used in investing activities | $(2,985) | $(4,222) | | Net cash provided by financing activities | $9,856 | $118,092 | | Net increase (decrease) in cash, cash equivalents, and restricted cash | $(1,122) | $17,609 | | Cash, cash equivalents, and restricted cash at end of period | $94,863 | $95,985 | [Non-GAAP Reconciliation (Adjusted EBITDA)](index=11&type=section&id=6.4_NonGAAPReconciliation) This section provides a detailed reconciliation of GAAP net loss to non-GAAP Adjusted EBITDA for Q4 and the full year 2023 Reconciliation of Net Loss to Adjusted EBITDA (Selected Items) | Item | Q4 2023 (in thousands) | Q4 2022 (in thousands) | FY2023 (in thousands) | FY2022 (in thousands) | | :-------------------------------- | :--------------------- | :--------------------- | :--------------------- | :--------------------- | | Net loss | $(9,485) | $(12,683) | $(43,232) | $(87,715) | | Stock-based compensation expense | $3,572 | $11,312 | $15,513 | $45,660 | | Depreciation and amortization | $1,465 | $1,425 | $5,824 | $5,716 | | Interest expense | $4,159 | $2,767 | $16,077 | $9,685 | | Restructuring costs | $3,258 | $5,887 | $3,811 | $8,879 | | Total Adjusted EBITDA | $137 | $(9,514) | $(9,183) | $(79,854) | | Adjusted EBITDA Margin | 0.2% | (12.9%) | (3.5%) | (24.8%) |

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40263 Grove Collaborative Holdings, Inc. (Exact name of registrant a ...

Grove Collaborative Holdings, Inc. (NYSE:GROV) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Stuart Landesberg - Chief Executive Officer Sergio Cervantes - Chief Financial Officer Conference Call Participants Susan Anderson - Canaccord Genuity Dana Telsey - Telsey Group Operator Good afternoon and thank you for standing by. Welcome to Grove Collaborative Holdings, Inc.'s Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference ca ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _____________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40263 Grove Collaborative Holdings, Inc. (Exact name of registrant as spe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40263 _____________________________________ Grove Collaborative Holdings, Inc. (Exact name of registrant as sp ...