#1OLAPLEX. INSPIRED BY SALONS. PROVEN BY SCIENCE. POWERED BY PASSION. BRAND OVERVIEW#2DISCLAIMER General Disclaimer This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities of Olaplex Holdings, Inc. (the "Company"), nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward Looking Statements This presentation contains certain forward-looking statements and information relating to the Company that are based on the beliefs of management as well as assumptions made by, and information currently available to, the Company. These statements include, but are not limited to, statements about: the Company's financial position and operating results, including financial guidance for the full fiscal year 2023, the first and second quarters of 2023 and the second half of 2023, including net sales, adjusted EBITDA; uncertainty related to the macroeconomic environment; customer demand for the Company's products; inventory rebalancing across certain of the Company's customers, including the timing related thereto and the magnitude thereof; research and development, the Company's product pipeline and the impact of new product introductions; business plans and objectives; the Company's sales, marketing and education initiatives and related spending, and the impact thereof on net sales and customer demand; and other statements contained in this presentation that are not historical or current facts. When used in this presentation, words such as "may," "will," "could," "should," "intend," "potential," "continue," "anticipate," "believe," "estimate," "expect," "plan," "target," "predict," "project," "seek" and similar expressions as they relate to the Company are intended to identify forward-looking statements. The forward-looking statements in this presentation reflect the Company's current expectations and projections about future events and financial trends that management believes may affect the Company's business, financial condition and results of operation. These statements are predictions based upon assumptions that may not prove to be accurate, and they are not guarantees of future performance. As such, you should not place significant reliance on the Company's forward-looking statements. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements, including any such statements taken from third party industry and market reports. efforts; the ompany's relationships with and the performance of its uppliers, Forward-looking statements involve known and unknown risks, inherent uncertainties and other factors that are difficult to predict which may cause the Company's actual results, performance, time frames or achievements to be materially different from any future results, performance, time frames or achievements expressed or implied by the forward-looking statements, including, without limitation: the Company's ability to anticipate and respond to market trends and changes in consumer preferences and execute on its growth strategies and expansion opportunities, including with respect to new product introductions; the Company's ability to develop, manufacture and effectively and profitably market and sell future products; the Company's ability to accurately forecast customer and consumer demand for its products; competition in the beauty industry; the Company's ability to effectively maintain and promote a positive brand image and expand its brand awareness; the Company's dependence on a limited number of customers for a large portion of its net sales; the Company's ability to attract new customers and consumers and encourage onsumer spending across its product portfolio; the pany's ability to ces impl nent new or additional marketin manufacturers, distributors and retailers and the Company's ability to manage its supply chain; impacts on the Company's business from political, regulatory, economic, trade and other risks associated with operating internationally; the Company's ability to attract and retain senior management and other qualified personnel; the Company's reliance on its and its third-party service providers' information technology; the Company's ability to maintain the security of confidential information; the Company's ability to establish and maintain intellectual property protection for its products, as well as the Company's ability to operate its business without infringing, misappropriating or otherwise violating the intellectual property rights of others; the outcome of litigation and regulatory proceedings; the impact of changes in federal, state and international laws, regulations and administrative policy; the Company's existing and any future indebtedness, including the Company's ability to comply with affirmative and negative covenants under its credit agreement; the Company's ability to service its existing indebtedness and obtain additional capital to finance operations and its growth opportunities; volatility of the Company's stock price; the Company's "controlled company" status and the influence of investment funds affiliated with Advent International Corporation over the Company; the impact of an economic downturn and inflationary pressures on the Company's business; fluctuations in the Company's quarterly results of operations; changes in the Company's tax rates and the Company's exposure to tax liability; and the other factors identified under the heading "Risk Factors" in Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") and in the other documents that the Company files with the SEC from time to time. Many of these factors are macroeconomic in nature and are, therefore, beyond the Company's control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, the Company's actual results, performance or achievements may vary materially from those described in this presentation as anticipated, believed, estimated, expected, intended, planned or projected. The forward-looking statements in this presentation represent management's views as of the date on which this presentation was first posted on the Company's investor relations website. Unless required by law, the Company neither intends nor assumes any obligation to update these forward-looking statements for any reason after such date to conform these statements to actual results or to changes in the Company's expectations or otherwise. 2 OLAPLEX#3DISCLAIMER Market and Industry Data This presentation includes market and industry data and forecasts that the Company has derived from independent consultants, publicly available information, various industry publications, other published industry sources and the Company's internal data and estimates. While independent consultant reports, industry publications and other published industry sources generally indicate that the information contained therein was obtained from sources believed to be reliable, the Company has not independently verified such information. The Company's internal data and estimates are based upon information obtained from trade and business organizations and other contacts in the markets in which the Company operates and management's understanding of industry conditions. Although the Company believes that such information is reliable, the Company has not had this information verified by any independent sources. Similarly, the Company's internal research is based upon management's understanding of industry conditions, and such information has not been verified by any independent sources. To the extent that any estimates underlying such market-derived information and other factors are incorrect, actual results may differ materially from those expressed in the independent parties' estimates and in the Company's estimates. Non-GAAP Financial Measures This presentation contains "non-GAAP financial measures," including adjusted EBITDA and adjusted EBITDA margin. These are financial measures that are not calculated or presented in accordance with generally accepted accounting principles in the United States ("GAAP") and may exclude items that are significant in understanding and assessing the Company's financial results. Therefore, these measures should not be considered in isolation or as an alternative to measures of profitability, liquidity performance under GAAP. You should be aware that the Company's presentation of these measures may not be comparable to similarly titled measures used and calculated differently. 3 OLAPLEX#4OLAPLEX 7569 OLAPLEX OLAPLEX OLAPLEX is a patent-protected, proven and potent haircare technology system that restores all hair types to its healthiest state possible. OLAPLEX created the Bond Building space which re-builds your hair bonds. When your hair bonds or dissulphide bonds are repaired, your hair is stronger, more hydrated, has more shine, bounce and smoothness.#5BIS-AMINO: THE INGREDIENT THAT CHANGED IT ALL WE HAVE PATENT-PROTECTED BOND-BUILDING IP WOVEN INTO OUR PRODUCT SUITE Olaplex's patent-protected active ingredient Bis-Aminopropyl Diglycol Dimaleate works on a molecular level to dramatically improve hair from within by protecting, strengthening and repairing disulfide bonds in hair that break when damaged 5 Bis-aminopropyl Diglycol Dimaleate Sa OH WITHOUT OLAPLEX D NH3 HO WITH OLAPLEX Spectrograph imagery of hair at 1,000x magnification OLAPLEX#6OLAPLEX AT A GLANCE Loyal Community 98% of stylists agree that OLAPLEX is innovative² #1 follower count on Instagram vs. similar brands 2x higher NPS score than similar brands Financial Profile $704.3M FY 2022 Net sales 5 Beloved Brand #1 bond-building haircare brand in professional #1 brand on Amazon in haircare4 #1 haircare brand in 2022 at Sephora 68% 3-year Net sales growth CAGR ¹12 month period ended December 31, 2022. 2 OLAPLEX Pro Salon Survey, n=299 3 Product count excludes kits and alternate sizes. Exceptional Profile 15 Products³ 100+ Countries worldwide 170+ Employees 60.9% FY 2022 Adj. EBITDA margin Net Sales by Channel¹ Professional 43% US 56% DTC 24% Net Sales by Geography¹ 4 Based on company beliefs and sales estimates. 5 FY 2022 period refers to the 12-months ended December 31, 2022. 6 Adjusted EBITDA margin is a non-GAAP financial measure. Please refer to the Appendix for additional information, including a reconciliation to the most directly comparable GAAP measure. Specialty Retail 33% International 44% OLAPLEX#7AT HOME PRODUCT PORTFOLIO DESIGNED FOR A MULTI-STEP REGIMEN TREAT TAKE HOMEOLAPLEE.COM SON A DOMICE PROFESSIONAL INSPIRED OLAPLEX INTENSIVE BOND BUILDING HAIR TREATMENT SON REPARATURE ET PORTANT INTENSE POUR LES CHEVEUX Nº 0 PRES REPAIRS STRENGTHE TAKE HOME OLAPLEX.COM SOIN À DOMICILE THE ORIGINAL L'ORIONAL OLAPLEX HAIR PERFECTOR Nº.3 REPAIRS AND STRENGTHENS ALL HAIR TYPES RÉPARE ET RENFORCE TOUS LES TYPES DE CHEVEUX 100 ml/3.31. oz. NENED TECHNOLOGY. OLAPLEX.COM OLAPLEX Nº.8 BOND INTENSE MOISTURE MASK ACTURIZES, SMOOTHS. BODY & SHINE ALHAIR TYPES 100 mL/3.3 fl. oz. NO.0 INTENSIVE BOND BUILDING HAIR TREATMENT Nº.3 HAIR PERFECTOR No.8 BOND INTENSE MOISTURE MASK MENTED TECHNOLOGY OLAPLEX.COM OLAPLEX No.4C BOND MAINTENANCE CLARIFYING SHAMPOO DEEP CLEANS, SOFTENS. MAINTAIN STORES ALL HAIR TYPES 250 mL/8.5 fl. oz. ES SHINE & CLARITY PREDLOG . OLAFLEX.COM OLAPLEX. Nº4D CLEAN VOLUME DETOX DRY SHAMPOO ABSORES O VOLUMES REFRESHES & DECRES ALL HAR TYPES & COLOR AROUSELE SAM LADALE DERE PATENTED TECHNOLOGY OLAPLEX.COM OLAPLEX Nº.4 BOND MAINTENANCE" SHAMPOO REPAIRS, STRENGTHENS. &HYDRATES ALL HAIR TYPES 250 ml/Net 8.5 fl oz PATENTED TECHNOLOGY OLAPLEX.COM OLAPLEX Nº.4P BLONDE ENHANCER™ TONING SHAMPOO REPAIRS, HYDRATES & BRICHTENS ALL BLONDE, LIGHTENED AND GREY HAIR 250 mL/8.5 fl. oz. INTENTED TECHNOLOGY OLAPLEX.COM OLAPLEX Nº.5 BOND MAINTENANCE™ CONDITIONER REPAIRS STRENGTHENS. SHYDRATES ALL HAIR TYPES 250 ml/Net 8.5 fl oz No.4C BOND MAINTENANCETM CLARIFYING SHAMPOO No.4D CLEAN VOLUME DETOX DRY SHAMPOO Nº.4 BOND MAINTENANCETM SHAMPOO No.4P BLONDE ENHANCERTM TONING SHAMPOO No.5 BOND MAINTENANCETM CONDITIONER PROTECT INTENTED TECHNOLOGY. OLAPLEX.COM OLAPLEX No.6 BOND SMOOTHER LEAVE-IN STYLING TREATMENT ADOS MOISTURE STRENGTHENS & RIDUCES FRIZZ FOR UP TO 72 HOURS 100 mL/3.3 fl. oz. OLAPLEX. Nº.7 BONDING OIL 30ml/Net 1 fl oz SEORANAS 3 KEMED TECHNOLOGY DI OLAPLEX No.9 BOND PROTECTOR NOURISHING HAIR SERUM HONDANT-RICH SERUM OVES MANAGEABUT MOOTHS AND PROTECT ALHAR TYPES PAND 90mL/3.0 fl. oz. No.6 BOND SMOOTHER™ Nº.7 BONDING OIL No.9 BOND PROTECTOR OLAPLEX.#8OUR COMMUNITY-BASED MARKETING MODEL In just a few years, OLAPLEX has organically built a content library greater than other beloved, high- growth brands Passionate and vocal OLAPLEX stylists and consumers generate thousands of pieces of unique and unpaid social content every day This community-based marketing model is at the core of our attractive ROI on sales and marketing spend OLAPLEX is the #1 EMV haircare brand¹ 1. Tribe Dynamics as of 2022 OLAPLEX. L'ORÉAL S ESTEE LAUDER 8 #s on Instagram 3.5MM 2.7MM 14.5MM 8.5MM 44.3MM OLAPLEX#9SIGNIFICANTLY INCREASED AWARENESS, ALTHOUGH OPPORTUNITY REMAINS, AND CONSISTENTLY LEADING ON THE MOST IMPORTANT PREMIUM HAIR EQUITIES Unaided¹ vs. Aided2 Awareness, % of respondents Leading Hair Care Brand Unaided Q1 2022 15 n=1,500 Q2 2022 15 n=1,500 Q3 2022 16 n=1,500 Q4 2022 18 n=1,501 Jan. '23 13 n=500 Total aided 92 93 93 92 94 OLAPLEX Unaided 9 10 12 Total aided 58 64 65 65 66 OLAPLEX brand equity rank³, asked of respondents who are aware of each brand 4 9 Top 15 premium hair equities5 Best for damaged hair Best for my hair Brand I am excited to talk about Brand I trust Celebrity usage/endorement Contains special ingredients Gets positive reviews Helps take great care of my hair Highest quality products Makes hair healthier Makes me feel confident Makes the best conditioner Makes the best shampoo Recommended by stylist Scientifically proven to benefit hair Olaplex rank Q1 2022 Q2 2022 Q3 2022 Q4 2022 #1* #2* #1* #2* #1* #2* #1* #2* #1* #2* #2* #2* #2* #2 #1* #1 #2 #1* #2 #1* #1* #1* #2 #2 #1* #2 #1* #2 #1* #1* #1* #2* #1* #2* #1* #2* #1* #1 1* #1* #1* #2* #1* #2* #2 #1* #1 #2* #1* #2* #1* #1* #1* #2* #1* #1* #2* #2 #2* #2 #1* 1. Which brands of premium hair care products are you aware of? Please enter the first brand that comes to mind in the first box. | 2. When did you last buy each brand of premium hair care products, if ever? | 3. Which brands apply for each statement? Select all that apply. | 4. Ranked out of the 11 brands tracked in the brand health tracker. | 5. Based on derived importance | * Indicates a statistical tie with another brand for that equity rank Source: OLAPLEX brand health tracker, n=6,501, January 2022 - January 2023 (n=500 per month), IPSOS Jan. 2023 #1* #1* #1* #2* #1* #1* #1* #1* #1* #1* #2* #1* #2* #2* #1* OLAPLEX#10DIFFERENTIATED R&D PLATFORM AND IP PORTFOLIO R&D Dedicated R&D function and in-house innovation lab Partnerships with leading universities and biotech companies Rigorous New Product Development processes and extensive testing facilitates success of innovation Defined pipeline Bis-amino extensions alongside development of new sciences and category extensions > 10 Broad Patent Protection 160+ patents to-date across the globe On average, 13 years remaining on each patent Patent coverage is broadly drafted and includes skin and nail applications Proprietary, patent-protected ingredient, Bis-amino, serves as the common thread across our products and is a key differentiator OLAPLEX#11OUR SYNERGISTIC OMNICHANNEL MODEL DRIVES CONSUMER ENGAGEMENT Reaffirmation DTC Consumer Insights Strategic Revenue Replenishment Launched in 118 OLAPLEX Mutually reinforcing omnichannel distribution strategy Prominence SPECIALTY Brand Awareness Brand Building Launched in Brand Equity Experts 18 Education Advocacy PRO Brand Credibility Brand Champions Launched in 14 11 SEPHORA Select partners include: Professional BG beauty systems Specialty Retail and Retail.com SPACENK APOTHECARY LONDON OSalonCentric OLAPLEX.com DOUGLAS (ULTA Owned Online and Pure-Play amazon OLAPLEX#12FOURTH QUARTER AND FISCAL YEAR 2022 HIGHLIGHTS Q4 2022 Net Sales Adjusted EBITDA(¹) Adjusted EBITDA Margin(¹) $130.7MM $67.6MM 51.7% FY 22 12 Net Sales Adjusted EBITDA(¹) Adjusted EBITDA Margin(¹) Cash Flow from Operations $704.3MM $429.1MM 60.9% $255.3MM +28% vs. FY21 (1) Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please refer to the Appendix for additional information on these non-GAAP financial measures, including reconciliations to the most directly comparable GAAP measures. TDA margin of OLAPLEX.#132023 REPRESENTS A RESET YEAR TO INCREASE INVESTMENTS TO SUPPORT FUTURE GROWTH Net Sales Adjusted Net Income* Adjusted EBITDA* FY 2023 Guidance $563 - $634 MM $176 - $224 MM $261 - $322 MM Q1 2023 13 . ● ● Continuation of negative impacts from inventory rebalancing at certain Pro and Specialty Retail customers of approx. $25 MM Q2 2023 Lapping approx. $22 MM in net sales from the introduction of 1-liter offerings in Q2 2022 Lapping approx. $10 MM in net sales from Ulta pipeline shipments in Q2 2022 ● Lapping approx. $10 MM in net sales from pull-forward demand related to July 2022 price increase 2H 2023 Benefit of new product introductions and distribution gains Improvement in demand from increased sales, marketing and education investments *Adjusted EBITDA and Adjusted Net Income are non-GAAP measures. The Company is not able to provide, without unreasonable effort, a reconciliation of the guidance for adjusted EBITDA and adjusted net income to the most directly comparable GAAP measure because the Company does not currently have sufficient data to accurately estimate the variables and individual adjustments included in the most directly comparable GAAP measure that would be nece ary for such reconciliations, including (a) income tax related accruals in respect of certain one-time items, (b) costs related to potential debt or equity transactions, and (c) other non-recurring expenses that cannot reasonably be estimated in advance. These adjustments are inherently variable and uncertain and depend on various factors that are beyond the Company's control and as a result it is also unable to predict their probable significance. Therefore, because management cannot estimate on a forward-looking basis without unreasonable effort the impact these variables and individual adjustments will have on its reported results in accordance with GAAP, it is unable to provide a reconciliation of the non-GAAP measures included in its fiscal 2023 guidance. OLAPLEX#14OLAPLEX LONG-TERM STRATEGIC GROWTH INITIATIVES Igniting our Global Brand Disrupting with Innovation " Amplifying Channel Coverage 14 Charting New Geographies Enabling Our Aspirations: People, Operations, Data Analytics, Finance, ESG OLAPLEX#15IGNITING OUR GLOBAL BRAND TAKE HOME OLAPLEX.COM SON A DOMICILE THE ORIGINAL L'ORIGINAL OLAP Nº.3 REPAIRS AND STRENGTHENS ALL HAIR TYPES RÉPARE ET RENFORCE TOUS LES TYPES DE CHEVEUX 250 mL/8.5 fl. oz. Stronger hair after one treatment *Including marketing expense, sampling and payroll related to sales and marketing Marketing model focused on high ROI activities $70MM* in FY23 vs. $40MM* in FY22 Digital and social engagement Performance marketing Visual merchandising 15 Education Curated programs, virtual classes, enhanced content No. 3 core marketing campaign Demystifying misinformation Sampling Highly effective conversion tool 10MM samples in 2023 OLAPLEX#16DISRUPTING WITH INNOVATION DE SHAMPOO NOLAPLEX A www www. OLAPLEX N° 4D SHAMPOO OLEMEN DE DERD EN & DATORE GT & COLORS 789/6.3 oz. SHUME & CLAR H 250m/8.5 8. oz NADY OLAPLEX N°4D OLAPLEX No 4C KOND MAINTENANCE CLARIFYING SHAMPOO SHAMPOO A www Ao vichumba. & COLORS A ver www. LOGY.COM g/6.30 NOME OF VOLU www AB 78 g/6.3 oz OLAPLEX N° 4D & GETRE w HAR TYPES & COLOR SHAMPOO Sa OLAPLEX. No 4D CFDEVOLUME OFFION DRY SHAMPOO VOLEMINDE Ces 2G4S & CETONPES T&COLO 18/630 bir WE 180/63 or SIHAN MENGAND OLAPLEX N° 4D ENTOR /3.01.or Young OLAPLEX Nº.9 OD PROTECTOR SHING HAIR SERUA & COLDR YO 16 OLAPLEX IS A SCIENCE-BASED BEAUTY COMPANY No.4D Clean Volume Detox Dry Shampoo launched in first quarter 2023 PLAN TO LAUNCH NON-CANNIBALIZING, PRO AND RETAIL PRODUCTS OVER THE NEXT 5 YEARS 2-4 new products annually OLAPLEX#17AMPLIFYING CHANNEL COVERAGE PRO Increasing the size of our OLAPLEX field support team, leading to greater frequency of contact Evolving virtual education classes, content and communication Expanding Key Opinion Leader partnerships to further penetrate premium and prestige salons SPECIALTY Increasing digital education programs Enhancing visual merchandising Rolling out third-party field sales team of educators trained by OLAPLEX to 400 Sephora and Ulta stores nationwide 17 DTC Refreshing digital assets across channels to ensure consistency with new core brand messaging Optimizing media spend to target new audiences and improve conversion Evolving digital experiences and innovation tools on OLAPLEX.COM OLAPLEX#18CHARTING NEW GEOGRAPHIES EMEA Extending our Pro-first, omnichannel strategy beyond the U.K. to other European markets Growth opportunities with premium specialty, pharmacy and travel retail Untapped opportunity in the Middle East 18 APAC Significant opportunity given early indicators that our brand is resonating across markets Recently launched new master distributors in Southeast Asia and South Korea Continuing to build significant momentum through cross-border e-commerce in China OLAPLEX#19ENABLING OUR ASPIRATIONS People Evolve culture and maintain engagement Integrate DE&I initiatives across the organization Lead with Diversity Female-led organization with a diverse female led board Evolve and diversify global supply chain network 76% of our employees identify as female, 45% identify as non-white Source: Company Management as of December 2022 Operations Drive resilience and efficiencies Data and Analytics Enhance foundational tech capabilities Build out capacities that support future growth ESG Priorities Support our communities and small businesses 19 98% of the salon community are small businesses Finance Enhance financial flexibility Maintain strong discipline in managing costs Limit our environmental footprint Cruelty-free, non-toxic formulas Limiting the use of secondary packaging OLAPLEX#20THE OLAPLEX BUSINESS MODEL IS DISRUPTIVE AND OFFERS STRUCTURALLY ADVANTAGED MARGINS OLAPLEX Competitive Advantages Products that really work Powerful innovation platform One of a kind engaged community Channel harmony Focused and disciplined organization ● 20 ● ● Robust, disruptive, multi-horizon multi-year pipeline • Patented technology serves as a common thread Launching into white space segments for the brand Why Structurally Advantaged? At the heart of it all - a unique strength Consumers captive to regimen and results Strong portfolio of patents in US and abroad Leading community engagement • Led by the Stylist - the most important voice Cultivated over 8 years and not easily repeatable ● Value creating for all partners • Symbiotic effect across channels Products that consumers demand ● Obsessed with the consumer and community Focus and prioritization in our DNA Asset-light, agile business model generates strong cash flow We believe our competitive advantages will sustain our top tier margins in the long-term OLAPLEX#21APPENDIX OLAPLEX#22NON-GAAP RECONCILIATION Adjusted EBITDA ($MM) Net Income Interest expense (income) Income tax provision Depreciation and amortization of intangible assets Loss on on extinguishment of debt¹ Costs incurred LIQWD Matters² Inventory write off and disposal³ Share-based compensation Executive reorganization costs4 Labelling stock write off and disposal 5 Distribution start-up costs Non-capitalizable IPO and strategic transaction costs Tax receivable agreement liability adjustment' Adjusted EBITDA Adjusted EBITDA Margin Three Months Ended December 31 2022 $ 34 10 8 13 INT 2 (3) $ 68 51.7% 22 2021 $ 69 15 17 12 1 (4) $111 66.5% For the Year Ended December 31 2022 $ 244 41 61 49 19 I 5 7 4 2 (3) $ 429 60.9% 2021 $ 221 61 55 49 14 4 8 (4) $ 409 68.3% ¹ On February 23, 2022, the Company refinanced its existing secured credit facility with a new credit agreement. This refinancing resulted in recognition of loss on extinguishment of debt of $18.8 million which is comprised of $11.0 million in deferred financing fee write off, and $7.8 million of prepayment fees for the previously existing credit facility 2 Includes costs incurred related to the resolution of the LIQWD Matters of $14.3 million. 3 Related to unused stock of a product that the Company reformulated in June 2021 as a result of regulation changes in the E.U. 4 Represents one-time costs associated with the departure of the Company's Chief Operating Officer during the year ended December 31, 2022. 5 Labelling stock write-off and disposal costs relate to disposal of unused product labels that the Company was required to update as a result of regulation changes in the E.U that become effective in the first quarter of 2023 6 Represents non-capitalizable professional fees and executive severance incurred in connection with the IPO and the Company's public company transition. 7 Represents applicable tax receivable agreement liability adjustments. OLAPLEX#23THANK YOU OLAPLEX. 23 O