X0306 4 2021-03-16 0 0001575515 Sprouts Farmers Market, Inc. SFM 0001809264 Phipps Gilliam 5455 EAST HIGH STREET, SUITE 111 PHOENIX AZ 85054 0 1 0 0 SVP, Chief Marketing Officer Common Stock, par value $0.001 per share 2021-03-16 4 A 0 5489 0.00 A 29406 D Stock Option (right to buy) 24.42 2028-03-16 Common stock, par value $0.001 per share 16339 16339 D Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 16, 2022; one-third vesting on March 16, 2023; and the remaining one-third vesting on March 16, 2024, assuming continued employment through the applicable vest date. Includes, in addition to the 5,489 shares described in Note (1), 23,917 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. The restricted shares will vest over three years, with one-third vesting on May 12, 2021; one-third vesting on May 12, 2022; and the remaining one-third vesting on May 12, 2023, assuming continued employment through the applicable date. These options become exercisable over three years, with one-third vesting on March 16, 2022; one-third vesting on March 16, 2023; and the remaining one-third vesting on March 16, 2024, assuming continued employment through the applicable vest date. /s/ Brandon F. Lombardi, Attorney-in-Fact for Gilliam Phipps 2021-03-18