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Asian Caramel Chicken MARLEY SPOON to and Leak and Leek Soup MARLEY SPOON Appendix 4C - Q1 2021 & Business Activity Report MARLEY SPOON CONTINUES TO DELIVER ON GROWTH STRATEGY 81 % REVENUE GROWTH IN Q1 2021 , REVENUE GUIDANCE FOR FY2021 UPGRADED Berlin , Sydney , 29 April 2021 : Marley Spoon AG ( " Marley Spoon " or the " Company " ASX : MMM ) , a leading global subscription - based meal kit provider is pleased to share with investors its highlights from the quarter ended 31st March 2021 ( “ Q1 2021 ” ) ( unaudited ) and upgraded revenue guidance for FY21 . Conference Call Management will present a business update to investors on a conference call at 6.00 pm AEST on 29th April - call details have been released separately to ASX . Q1 Highlights • Q1 2021 revenue at € 77.4m , + 81 % versus the prior corresponding period ( PCP ) , + 83 % on a constant currency basis , with all regions contributing strong growth • Global Contribution Margin ( CM ) in Q1 at 28 % • Operating EBITDA of € ( 5.7 ) m driven by seasonal marketing investment • Positive Operating Cash Flow of € 5.3m in Q1 2021 , with total cash balance at € 38.4m FY21 net revenue guidance upgraded : the Company is now expecting FY21 revenue to increase by between 30-35 % YOY COMPANY INFORMATION : Fabian Siegel , Marley Spoon CEO fabian@marleyspoon.com INVESTOR QUERIES : Michael Brown , Pegasus 0400 248 080 mbrown@pegasusadvisory.com.au REGISTERED ADDRESS : Paul - Lincke - Ufer 39/40 10999 Berlin Germany