Instacart IPO Presentation Deck

GAAP to Non-GAAP Reconciliation ($ in millions) Operations and support expense Add (Deduct) Depreciation and amortization expense Stock-based compensation expense COVID-19 response initiatives¹ Adjusted operations and support expense Operations and support expense as % of GTV Adjusted operations and support expense as % of GTV Research and development expense Add (Deduct) Depreciation and amortization expense Stock-based compensation expense Acquisition-related expenses Adjusted research and development expense Research and development expense as % of GTV Adjusted research and development expense as % of GTV GTV 2019 $189 (1) (4) $184 3.7% 3.6% $127 (1) (20) $106 2.5% 2.1% $5,144 Year Ended December 31, 2020 2021 $324 (1) (3) (7) $313 1.6% 1.5% $194 (2) (20) $172 0.9% 0.8% $20,736 $262 (1) (1) (3) $257 1.1% 1.0% $368 (3) (9) (3) $353 1.5% 1.4% $24,909 'Represents the cost of all personal protective equipment distributed to shoppers during the COVID-19 pandemic. We ceased excluding this cost following the first quarter of 2022 as the impact of the COVID-19 pandemic and its variant outbreaks on our business subsided. 2022 $252 (2) $250 0.9% 0.9% $518 (4) (18) (1) $495 1.8% 1.7% $28,826

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