Instacart IPO Presentation Deck

GAAP to Non-GAAP Reconciliation ($ in millions) Sales and marketing expense Add (Deduct) Depreciation and amortization expense Stock-based compensation expense Acquisition-related expenses Adjusted sales and marketing expense Sales and marketing expense as % of GTV Adjusted sales and marketing expense as % of GTV General and administrative expense Add (Deduct) Depreciation and amortization expense Stock-based compensation expense Certain legal and regulatory accruals and settlements, net¹ Reserves for sales and other indirect taxes² Acquisition-related expenses Other³ Adjusted general and administrative expense General and administrative expense as % of GTV Adjusted general and administrative expense as % of GTV Six Months Half Ended June 30, 2022 $316 (2) (2) $312 2.2% 2.2% $153 (1) (4) (19) (1) (5) $123 1.1% 0.9% December 31, 2022 $344 (3) (2) 2 $314 2.4% 2.4% $186 (2) (7) (31) 1 (4) $143 1.3% 1.0% June 30, 2023 GTV $14,356 $14,470 ¹Represents certain legal, regulatory, and policy expenses related to worker classification matters. 2 Represents sales and other indirect tax reserves, net of abatements, for periods in which we were unable to collect such taxes from customers. We believe this adjustment is useful for investors in understanding our operating performance because in these cases, the taxes were not intended to be a cost to us but rather are to be borne by the customers. ³ Represents (i) non-capitalizable expenses related to the potential public listing of our common stock and (ii) expenses related to the settlement of certain patent infringement claims. $327 (4) (2) 4 $325 2.2% 2.2% $128 (2) (3) 6 11 $14 0.9% 0.9% $14,937

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