Waldencast SPAC

And a further opportunity to grow our consumer base through increased breadth of portfolio and building our key SKUs and franchises Vitamin C Serum What we have Leading performance OBAGI MEDICAL Professional-C AERUM 20% L-ASCORBIC ACID ITAMIN C SERUM FL OZ. (30 ml) 70 60 50 40 30 20 10 0 Consumer preference study Pro-C 20% serum Leading competitor What we plan to do Drive awareness and availability + Maximize penetration of practices from 42% coverage to the majority of the OBAGI accounts Drive awareness of superior performance directly to consumers for a virtuous pull model 43

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