#1INVESTOR PRESENTATION JANUARY 2022 ♡ BEAUTYHEALTH™#2DISCLAIMER This Presentation contains certain forward-looking statements. These statements may relate to, but are not limited to, expectations of future operating results or financial performance of The Beauty Health Company (the "Company"), the calculation of certain key financial and operating metrics, capital expenditures, the introduction of new products, expansion into new markets and the ability to execute certain strategic initiatives. Some of the forward-looking statements can be identified by the use of forward-looking words such as "anticipate," "expect," "suggests," "plan," "believe," "intend," "estimates," "targets," "projects," "should," "could," "would," "may," "will," "forecast" and other similar expressions. These are intended to identify forward-looking statements. All forward-looking statements are based upon management estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company as of the date of this Presentation, and may include, without limitation, changes in general economic conditions as a result of COVID- 19, all of which are subject to change. Any such estimates, assumptions, expectations, forecasts, views or opinions set forth in this Presentation constitute the Company's judgments and should be regarded as indicative, preliminary and for illustrative purposes only. The forward-looking statements and projections contained in this Presentation are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause the Company's actual results, performance or financial condition to be materially different from the expectations of future results, performance of financial condition. Although such forward-looking statements have been made in good faith and are based on assumptions we believe to be reasonable, there is no assurance that the expected results will be achieved. Many factors could adversely affect our business and financial performance. We discussed a number of material risks in our Prospectus filed pursuant to Rule 424(b)(5) of the Securities Act on July 26, 2021 and other filings with the Securities and Exchange Commission. Those risks continue to be relevant to our performance and financial condition. Moreover, we operate in a very competitive and rapidly changing environment. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward- looking statements. We expressly disclaim any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise. This Presentation contains estimates relating to market size and other data about our industry, including research, surveys or studies conducted by third parties, information provided by customers and/or industry or general publications. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such data and estimates. While we believe that such information is reliable, we have not independently verified, and make no representation as to the accuracy of, such information.#3LIYUAN WOO Chief Financial Officer Experience: 24 Years ABOUT THE PRESENTER Joined BeautyHealth in September 2020 ● • Former COO and CFO of The VOID, a virtual reality entertainment company • Served as CFO for a number of companies such as SharkNinja, Gymboree, and bebe • Deloitte M&A and Financial Advisory Services B bebe Shark NINJA GYMBOREE Deloitte. 3#4♡ BEAUTYHEALTH™ Deeply Connecting You to the Beauty Health Community Where You Live, Work & Play CONSUMER WE ARE We take the consumer's view, providing them with experiences tailored to their needs EDUCATOR We provide education and support to our core customers, aestheticians & providers, to ensure the quality of experiences for the community 'AND' COMPANY We are an 'and' company, forging strategic partnerships throughout our community. The community we're building benefits everyone - the consumer, customer and our company#5+56% Net Sales growth' $200 Average cost per treatment to the consumer³ ~$900M Cash on hand? FINANCIAL HIGHLIGHTS 19,000+ Global Delivery Systems installed ~75%+ Gross margin to provider per treatment 15 Direct markets served² ~5,000 3 Delivery Systems sold ~5 month Average Delivery System payback period Millions Participants in the BeautyHealth community 69%/73% Gross Margin (US GAAP) / Adjusted Gross Margin 99% RealSelf "Worth It" rating ♡ Source: Company data; ¹ For the YTD period ending 09/30/21 vs. YTD period ending 09/30/19; 2 As of 09/30/21; 3 For the trailing twelve-month period ended 09/30/21; 4YTD 09/30/21; Adjusted Gross Margin is a non-GAAP measure; please refer to the appendix for a reconciliation of US GAAP Gross Margin to Adjusted Gross Margin; 5 Per market research conducted by Boston Consulting Group commissioned by the Company in 2019 reflecting pre-COVID conditions; Assumes $200 average price per treatment, $33 average consumable cost per treatment, and depreciation of a $30,000 Delivery System with an estimated useful life of 7 years; 7 Pro forma for cash proceeds generated from exercises of Public Warrants announced 11/08/21 5#6BEAUTY HEALTH CATEGORY CREATOR APPROACHABLE & EFFECTIVE SKIN CORRECTION Medical delivery technology-focused Lasers, Ultrasound, Fillers, Toxins SKIN CARE Daily, over-the-counter skin care Serums, Creams, Lotions, Supplements BEAUTY HEALTH hydrafacial Highly effective, non-invasive and approachable treatment Bridging professional and retail skin care markets#71 CLEANSE hydrafany 2 EXTRACT 3 HYDRATE 3 STEPS. 30 MINUTES. THE BEST SKIN OF YOUR LIFE! Uncover a new layer of skin with gentle exfoliation and relaxing resurfacing, using signature solutions. BASE TIP UPGRADES Remove debris from pores with painless suction. Nourish with intense moisturizers that quench skin. EXTRACTION TIP Saturate the skin's surface with antioxidants and peptides to maximize your glow. VORTEX FUSION TIP $200 Average cost to consumer Personalized Treatment Enhancements HYCRA ACIAL GTBF HOWERPHAT BOOSTERS Boosters address specific skin concerns such as acne, hyperpigmentation, dry skin, and wrinkles Monthly Recommended frequency 14 Boosters of which hydrafacial KERAVIVE Keravive is a relaxing treatment designed to cleanse, exfoliate, nourish, and hydrate the scalp for healthier, fuller- looking hair 11 are partner boosters 7#8PARTICIPATING IN HIGH-GROWTH CATEGORIES WITHIN PERSONAL CARE SPA SERVICES GROWING ACROSS ALL TYPES OF TREATMENTS, PARTICULARLY IN FACIALS Source: Third party research 2019 reflecting pre-COVID conditions 11.1% expected growth in U.S. medical spa services (2017-2025) 6.4% expected growth in U.S. spa facilities (2017-2022) 14.0% expected growth in U.S. skin care specialists (2016-2026) 8#9$ Do CONSUMERS INCLINED TO SPEND ON BEAUTY & HEALTH EXPERIENTIAL GROWTH IN DISPOSABLE INCOME CHANNEL GROWTH & DYNAMICS INFLUENCERS & SOCIAL MEDIA DRIVING PURCHASE DECISIONS EMBRACING NATURAL & INCLUSIVITY NEXT GEN BEAUTY ● ● ● ● ● ● Aging millennials are spending more on skincare, preferring experiences over products Holistic, in-side-out beauty Increased emphasis on rituals As U.S. economy grows, consumers have more disposable income to spend on premium products Multi-brand retailers (e.g., Sephora, Ulta and Nordstrom) Shift to digital Travel retail Consumers embracing affordable luxury Online demos, which originally gained popularity in cosmetics, are becoming increasingly influential in skincare Skincare increasingly valued in age of selfies/social media Showcasing skin vs covering it up Clean, sustainable, "natural-ish" All-in beauty: gender, age, skin type Personalization Digital beauty#10SKIN HEALTH HYDRAFACIAL IS AN AND COMPANY NOT AN OR COMPANY EXPANDING DEMOGRAPHICS SIGNIFICANT OPPORTUNITY ACROSS CHANNELS FAVORABLE MARKET SHIFTS BENEFITING THE HYDRAFACIAL BUSINESS MODEL Today's consumers are seeking approachable and effective skin health solutions that bridge the gap between OTC and invasive options Facial consumers are more diverse across genders and are younger than ever before, offering a significant market opportunity Consumers seek an experience across all channels of service NON- INVASIVE 95% of HydraFacial customers use other treatments in a year Medical Light Basic grade therapy facial skincare ACROSS GENERATIONS Over 30% of customers at beauty retailers (Ulta, Sephora, etc.) are under 24 ■ Micro Micro- Chemical Lasers Injectables Non- Plastic derma- needling peels brasion surgical surgery face lifts Spa Service Market Regular and $$ ACROSS GENDERS Providers predict ~2x growth in male mix of total facial patients EXPANDING THE CATEGORY TO ATTRACT NEW DEMOGRAPHICS, WHILE STILL BEING THE TREATMENT OF CHOICE FOR 45+ FEMALES Aesthetics Market Occasional and $$$ Source: Third party research 2019 reflecting pre-COVID conditions; United Nations, Department of Economic and Social Affairs, Population Division (2019). World Population Prospects 2019, Online Edition. Rev. 1 C.L-0 INVASIVE ACROSS GEOGRAPHIES Huge international growth opportunity in Asia & Europe, making up ~70% of world's population Beauty Retail Market Often and $ 10#1147% 2021 YTD Consumables¹ 53% 2021 YTD Delivery Systems¹ THE POWER OF THE NATION PROVIDERS You have to get it, to get it! +56% YTD 9/30/21 Net Sales Growth v. YTD 9/30/19 Source: Third party research 2019 reflecting pre-COVID conditions Note: 2021 financial figures are unaudited; NPS = Net Promoter Score as of 2019 1 Based on 9 months ended 09/30/21 (unaudited) THE HYDRAFACIAL NATION Face Life, Face First PARTNERS Wherever, Whenever & Forever... $182M 2021 YTD Net Sales¹ CONSUMERS 3 Steps. 30 Minutes. The Best Skin Of Your Life. 40 NPS Score among consumer (Higher than Botox) 80 NPS Score among aestheticians 99% "Worth It" rating on RealSelf 11#12THE MASTER PLAN 1. Sell a lot of products, use that money to... 2. Invest in our skincare providers, use that relationship to... 3. Find the consumers and build a direct relationship. 4. Leverage technology to connect them where they live, work, and play. 5. Build the ultimate flywheel of influence! 12#13HYDRAFACIAL NPS RANKS HIGHEST ACROSS BRANDED AESTHETICS AND MEDTECH PEERS NPS N 40 40 38 1,007 38 25 220 25 22 174 22 20 HydraFacial Botox CoolSculpt Lancôme Juvederm Clear + Brilliant 343 20 19 169 19 150 17 17 385 17 Source: Third party research 2019 reflecting pre-COVID conditions Note: NPS = Net Promoter Score as of 2019; Other brands listed are top 5 treatment and top 5 skincare brands used by HydraFacial users; N = Number of responses 17 Estée Lauder Glow 14 151 14 7 Diamond Clinique Philosophy Origins 457 7 2 190 207 13#14! bet tei Delivery Systems account for 53% of Net Sales¹ ● ● TODAY The patented HydraFacial systems generate~ 3.2M treatments performed annually One-time placement generates treatments (revenue) for 3-7 yrs Consumables account for 47% of Net Sales¹ Every treatment uses Through which flow . And customizable ¹ Based on 9 months ended 09/30/21 as % of Net Sales (unaudited) ELTA II LIN hechulic BETA berdin HYDRAFACIAL CTBA DERMAKUILDER ANTIOX-6 BRITENCL Bishop indefal ACTIV Next Gen System connects consumer via and home handheld device to app professional system and the community Indard 23 O TOMORROW 1 hydraal aign to get d C Acesust FIRST: SELAE? 360° CONNECTIVITY KERAVIVE SYSTEM HOME EXTENSION PERK AT RETAIL 14#15OUR PRESENCE AROUND THE GLOBE Loved in 87+ Countries and Territories Worldwide 19,000+ Delivery Systems 15 Direct Markets 2021 LOVED AROUND THE WORLD Direct Distributor 15#16POWERFUL FLYWHEEL DESIGNED TO DRIVE COMPETITIVE POSITIONING E GROWING DELIVERY SYSTEMS D FAVORABLE SPA/CLINIC ECONOMICS BEAUTYHEALTH" C PASSIONATE AESTHETICIANS A DIFFERENTIATED OFFERING Source: Third party research 2019 reflecting pre-COVID conditions B ENGAGED CONSUMERS A Differentiated offering to build brand B Strong base of engaged consumers to fuel growth 50-60% Millennials (vs. ~40% of facial users), a highly engaged demo U D ● ● Technologically advanced offering with high consumer and provider engagement Customization/Personalization to skin concern Passionate aesthetician community to recommend HydraFacial Avid social discussion; 5x more aesthetician posts than competitors Aestheticians actively recommending (80 NPS; 45% of users learned about HydraFacial from their provider) Aestheticians make ~20% more than from a traditional facial ● 15% of users get 4+ HydraFacial treatments in a given year 40 NPS (vs. 5-15 NPS for other skincare brands used by our customers) . Favorable spa/clinic economics to increase HydraFacial share Payback of delivery system in ~5 months E Growing installed base to fund new investments As HydraFacial grows, investing in training to expand upon aesthetician loyalty Investing in targeted S&M investments to create deeply loved brand and R&D efforts to improve offering/create innovative products 16#17LED BY A VISIONARY AND EXPERIENCED EXECUTIVE TEAM 230+ COLLECTIVE YEARS OF EXPERIENCE BRENT SAUNDERS Interim CEO & Executive Chairman Experience: 25 Years ***Allergan M Actavis Forest Laboratories, Inc. BAUSCH + LOMB Schering-Plough INDRA PAMAMULL President of APAC Experience: 25 Years KENDO ONSEN JAPONICA ESTEE LAUDER DAVID JONES LIYUAN WOO Chief Financial Officer Experience: 24 Years GYMBOREE bebe Shark NINJA Deloitte STEPHAN BECKER President of EMEA Experience: 24 Years као COTY P&G Beiersdorf JWALA KARNIK, MD EVP of Global Strategy & Partnerships ORATECH ETHICON Experience: 26 Years SUNEVA MEDICAL iovera.º VERSANT ENDO-SURGERY, INC. a Johnson & Johnson company ven.ures McKinsey &Company RIE! DAN WATSON EVP, Sales Americ Experience: 36 Years stryker KELLIE SEARS Chief HR Officer Experience: 29 Years AskBio Allergan BEN BAUM Chief Experience Officer Pfizer Experience: 25 Years TORRID B TAILORED BRANDS Google O TARGET. BCG BOSTON CONSULTING GROUP PAUL BOKOTA VP & General Counsel Experience: 24 Years Spectrum Brands TOSHIBA James Hardie 17#18SÅ RELENTLESSLY INNOVATE AS A CATEGORY CREATOR ● Category ownership - skin & scalp health Launch system 2.0 with personalized services Value added innovation across all touchpoints serums, devices, and experiences Connector platform- build robust and scalable programs that solidify relationship with aestheticians & providers and end-consumers STRATEGIC INVESTMENTS DRIVE CONSUMER DEMAND WITHIN THE COMMUNITY • Turn up marketing of the brand, as well as wellness and personalization messaging Accelerate provider engagement through education and events Invest in promotional activities and partnerships EXPAND GLOBAL FOOTPRINT Invest in EMEA and APAC HQs for scaling Convert distributor markets to direct through M&A 88 M&A Target companies with leading positions in the Beauty Health spectrum o Growth-oriented o High NPS o Recurring revenue characteristics o Attractive margin profile o Leverage our current install base 18#191 2 3 4 5 6 7 INVESTMENT HIGHLIGHTS CATEGORY-CREATING PRODUCT CUSTOMER LOYALTY COMMANDING PLATFORM MULTI-DIMENSIONAL GROWTH OPPORTUNITIES COMPELLING ECONOMIC PROFILE PROPRIETARY TECHNOLOGY EXPERIENCED MANAGEMENT AND BOARD hydrafacial BUTT PROVODON face life face first VINTEX"真空双向涡旋技术 REFERATIN..KARDION ONE O COSMASSN..TODAY ...LIG DRAY EXPECT F hyd al I'M PROUD TO BE A #GUNKIEJUNKIE hydrafacial 100 19#20APPENDIX Description of Non-GAAP Financial Measures In addition to results determined in accordance with accounting principles generally accepted in the United States of America (GAAP), management utilizes certain non-GAAP financial measures such as Adjusted Gross Margin for purposes of evaluating ongoing operations and for internal planning and forecasting purposes. We believe this non-GAAP financial measure, when reviewed collectively with our GAAP financial information, provides useful supplemental information to investors in assessing our operating performance. This non-GAAP financial measure should not be considered as an alternative to GAAP financial information or as an indication of operating performance or any other measure of performance derived in accordance with GAAP, and may not provide information that is directly comparable to that provided by other companies in its industry, as these other companies may calculate non-GAAP financial measures differently, particularly related to non-recurring, unusual items. Adjusted Gross Margin We use Adjusted Gross Margin to measure our profitability and ability to scale and leverage the costs of our Delivery Systems and Consumables net sales. The continued growth of our Delivery Systems is expected to allow us to improve our Adjusted Gross Margin, as additional Delivery System units sold will increase our recurring Consumables net sales, which has higher margins. We believe Adjusted Gross Margin are useful measures to the Company and our investors to assist in evaluating our operating performance because they provide consistency and direct comparability with our past financial performance and between fiscal periods, as the metrics eliminate the effects of amortization and depreciation, which are non-cash expenses that may fluctuate for reasons unrelated to overall continuing operating performance. Adjusted Gross Margin has been and will continue to be impacted by a variety of factors, including the product mix, geographic mix, direct vs. indirect mix, the average selling price on Delivery Systems, and new product launches. We expect our Adjusted Gross Margin to fluctuate over time depending on the factors described above. The following table reconciles Gross Margin to Adjusted Gross Margin for the period presented: For the Nine Months Ended September 30, 2021 ($000s) Net Sales Less: Cost of Sales Gross Profit (GAAP) Gross Margin (GAAP) Adjusted to exclude the following: Stock-Based Compensation Expense Depreciation and Amortization Expense Adjusted Gross Profit Adjusted Gross Margin $182,197 (57,131) $125,066 69% 222 7,747 $133,035 73% 20