Dutch Bros — Aug 6, 2025 release

• Adjusted net income per fully exchanged share of diluted common stock 2 was $0.26 as compared to $0.19 in the same period of 2024. 2025 Guidance • Total revenues are now projected to be between $1.59 billion and $1.60 billion. • Same shop sales 1 growth is now expected to be approximately 4.5%. • Adjusted EBITDA 3 is now estimated to be between $285 million and $290 million. The items listed below remain unchanged. • Total system shop openings in 2025 are estimated to be at least 160. • Capital expenditures are estimated to be between $240 million to $260 million. _________________ 1     Same shop sales is defined in the section “Select Financial Metrics”. 2     This is a non-GAAP financial measure. Reconciliation of U.S. GAAP to non-GAAP results is provided in the section “Non-GAAP Financial Measures”. 3     We have not reconciled guidance for Adjusted EBITDA to the corresponding U.S. 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, reconciliation to the corresponding U.S. GAAP financial measure is not available without unreasonable effort. Dutch Bros Inc. | Earnings Release | 2 Conference Call and Webcast Today Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will ho