X0202 13F-HR LIVE 0001910156 XXXXXXXX 12-31-2024 12-31-2024 false TSG Consumer Partners LP

1100 Larkspur Landing Circle, Suite 360 Larkspur CA 94939

13F HOLDINGS REPORT 028-21829 000160826 801-74089 Y TSG Consumer Partners LP (the "Reporting Manager") may be deemed to be part of a group of affiliated persons exercising investment discretion (or under common control with persons exercising control) with respect to the securities in the indicated rows. Except as otherwise indicated in reports filed under such provisions, the filing of this report shall not be deemed an admission, for purposes of Section 13(f), 13(d), 13(g) or 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules thereunder, or for any other purpose, that the Reporting Manager or any other manager with respect to the securities listed herein exercises investment discretion or is a member of, or is otherwise affiliated with, such a group with respect to such securities. The filing of this report shall not be deemed an admission, for purposes of Section 13(f), 13(d), 13(g) or 16(a) of the Exchange Act and the rules thereunder, or for any other purpose, that the Reporting Manager or any other person is the beneficial owner of any securities. Dutch Bros Inc. ("BROS") share numbers are presented on an as-converted basis and comprise 75,919 shares of Class A Common Stock and 3,432,487 shares of Class C Common Stock and of Class A Common LLC Units of Dutch Mafia, LLC, a direct subsidiary of BROS. The Class A Common LLC Units and an equal number of shares of Class C Common Stock together are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments, and have no expiration date. Drew Weilbacher 415-217-2348 /s/ Drew Weilbacher Larkspur CA 02-13-2025 1 1 183770306 false 1 028-21828 TSG7 A Management LLC