Waldencast SPAC Presentation Deck

Key expansion opportunities in the US and international markets Expand internationally first through OBAGI Medical and then leverage OBAGI Rx-to-OTC virtuous circle in each market Represents OBAGI's global footprint Source: Company information Key strategic initiatives Increase penetration and share of wallet among dermatologists Growth driven by consumer and professional spa and launch of devices Internationalization and expand distribution in key markets: EU, Brazil, Korea, Canada 44

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