Grove Collaborative Holdings Amends Loan Agreement with Siena Lending Group to Include Credit Card Receivables in Borrowing Base

**Grove Collaborative Expands Credit Facility with Siena Lending Group** San Francisco, CA - September 26, 2025 - Grove Collaborative Holdings Inc. (NYSE: GROV), a leading sustainable consumer products company, announced today that it has entered into an amendment to its existing Loan and Security Agreement with Siena Lending Group LLC. The new amendment, the fourth since the original agreement was signed in March 2023, updates the terms of the asset-based lending $(ABL)$ facility. Under the amended terms, certain credit card receivables that meet specified eligibility criteria will now be included in Grove Collaborative's borrowing base. This change is expected to enhance Grove's liquidity and financial flexibility. The company and Siena Lending Group have continued to refine the agreement since its inception, with previous amendments signed in July 2024, November 2024, and May 2025. Further details of the amendment can be found in Grove Collaborative's latest filing with the U.S. Securities and Exchange Commission.

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