Dutch Bros — May 6, 2026 release

| Earnings Release | 1 2026 Guidance • Total revenues are now projected to be between approximately $2.05 billion and $2.08 billion. • Same shop sales 1 growth is now estimated to be in the range of 4% to 6%. • Adjusted EBITDA 3 is now estimated to be between $370 million and $380 million. • Total system shop openings are now estimated to be at least 185. The item below remains unchanged. • Capital expenditures are estimated to be between $270 million and $290 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 host a confe