Waldencast 2Q22 Investor Results

AND BUILDING A STRONG FOUNDATION FOR D2C GROWTH Milk MAKEUP New Best Sellers Award Winners MAKE N Exclusives 0 Milk Pal MILK Themen TERs. Tema DPAMILY STINGR MAKEUP MilkMakeup.com +30.8% 1H 2022 revenue growth¹ Q1 +18.9% Q2 +49.7% +10.6% 1H 2022 Average Order Value² ¹ Milk internal sales data 2 Google Analytics +17.1% 1H 2022 Conversion Rate² +16.1% 1H 2022 Returning Users² +14.9% 1H 2022 Transactions² Coming 2H Live SMS Loyalty New Shade Finder Amazon Pay

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